Media giant Comcast announced Monday that it is donating $100 million to battle the “complex issue” of systemic racism, sexism and homophobia in America. Brian […]
Author: Troy S. Mason
The U.S. entered a recession in February
The U.S. is officially in a recession, bringing an end to a historic 128 months of economic growth, after the coronavirus pandemic swept the country […]
Honda puts some manufacturing on hold over computer ‘disruption’
Honda is putting some of its manufacturing on hold while it deals with a “disruption in its computer network,” the company said Monday, prompting fears […]
So, we’re officially in a recession. Market response? Dow rises, S&P erases losses, Nasdaq hits record high
Wall Street soared on Monday, brushing aside the news that the U.S. has officially entered a recession. The Dow Jones Industrial Average ended the day […]
Want to know where all those corporate donations for #BLM are going? Here’s the list.
Iconic American brands, from Facebook to Apple, have pledged financial support for the #BlackLivesMatter movement in response to the death of George Floyd — but […]
Dow rises by 1,000 points as historic jobs report shows biggest monthly gain ever
Wall Street rallied on Friday, after the monthly jobs report revealed 2.5 million positions were added to the economy last month, the largest monthly gain […]
Unemployment still highest among Latinos as joblessness drops slightly
After losing four weeks of work cleaning homes because of the coronavirus pandemic, Andrea Osorio has regained clients and is earning money again. Osorio, 46, […]
Unemployment rate falls to 13.3 percent as economy gains surprise 2.5 million jobs despite coronavirus
The U.S. economy gained 2.5 million jobs in May and the unemployment rate dropped to 13.3 percent. That’s down from 14.7 percent in April, according […]
First came a pandemic. Then, looting. Small businesses pick up the pieces as their debt mounts.
Salih Mothana came home so quietly after he surveyed the damage to his small grocery store in Chicago that his family had no idea their […]
YouTuber Jake Paul charged with trespassing following Arizona looting
YouTube star Jake Paul was charged with trespassing after he allegedly entered an Arizona mall after it was looted last month, police said Thursday. Paul, […]
Around 1.8 million Americans filed for first-time unemployment last week, continuing downward trend
Around 1.8 million Americans filed for first-time jobless benefits last week, hinting that the worst could be over for the labor market. While still a […]
Weekly initial jobless claims hit 2.1 million
More than 2.1 million Americans filed for unemployment benefits for the first time last week, the 10th straight week that jobless claims have been in […]
PPP loan program accidentally paid some small-business owners twice
While many small-business owners complained of missing out on crucial funding from the Paycheck Protection Program, others mistakenly ended up receiving their money twice — […]
New U.S. ban on Chinese airlines hurts Chinese students who were already struggling to get home
A new Department of Transportation order banning Chinese airlines from flying to and from the U.S. is an added hardship for thousands of Chinese students […]
Why is Wall Street soaring while Main Street is burning?
The divide between Wall Street and Main Street has grown sharply in recent weeks, amid the coronavirus pandemic and widespread civil unrest. To many, the […]