The US stock market stands 4% higher today compared to a year ago, despite the death and destruction unleashed by the coronavirus pandemic.
With some states preparing to reopen movie theaters but few new releases on the books for months, Hollywood studios are offering exhibitors popular films including “Jaws” and “Harry Potter and the Sorcerer’s Stone” to entice wary audiences back to cinemas.
Now more people than ever are working remotely as much of the world has gone into lockdown.
More than 100,000 small businesses have closed forever as the nation’s pandemic toll escalates.
House Democrats proposed a $3 trillion virus relief bill Tuesday, combining aid to state and local governments with direct cash payments, expanded unemployment insurance and food stamp spending as well as a list of progressive priorities like funds for voting by mail and the troubled U.S. Postal Service.
The Bureau of Labor Statistics projects that nurse practitioners, veterinarians, and actuaries are set to add lots of new jobs in the next decade.
Job losses were felt in nearly every industry, with sectors like hotels and restaurants being hit especially hard.
U.S. consumer prices dropped by the most since the Great Recession in April, weighed down by a plunge in demand for gasoline and services including airline travel as people stayed home during the coronavirus crisis.
Internal metrics make these areas most vulnerable to a downturn.
Facebook
Become a fan
Twitter
Follow us
RSS
Subscribe