[Barrons, Bloomberg] The dollar has been weakening in recent months and currency strategists see more declines ahead. That could call for a different playbook for investors, including more foreign holdings. In a note to clients on Monday, Goldman Sachs ’s currency strategists forecast a 5% weaker dollar in trade-weighted terms during the next […]
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[NBC NEWS] Yes. Your shoes miss you, too. “I loved doing my hair and getting ready, picking out a nice pair of pants and a dressy blouse or a dress and heels,” said Ashley Krasnoff, who used to go to her Los Angeles-area office every weekday. “With that came jewelry […]
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[The Motley Fool] Talk about a dire situation. The COVID-19 outbreak has clearly done a number of the U.S. economy, plunging it deep into a recession and sending unemployment levels skyrocketing. In fact, jobless claims reached a record high in April, and while things improved slightly in May and June, new restrictions could send […]
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[US NEWS, GETTY IMAGES] If you’re industrious and innovative, these strategies can get your money working for you. SO YOU’VE BEEN TRYING to think of passive income ideas. And why not? It’s practically the American dream. We all want to lie in a hammock and make money without actually doing anything. […]
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[FOX BUSINESS] A recent rise in COVID-19 has taken a toll on travel MIT analysis: Coronavirus risk nearly doubles on full flights Former Spirit Airlines CEO Ben Baldanza provides insight into an MIT study that suggests blocking the middle seat lowers the coronavirus risks. Southwest Airlines Chief Executive Gary Kelly told […]
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[YAHOO FINANCE] In life after COVID-19, the local restaurant scene may be no more than a KFC, McDonald’s, Burger King and one or two overpriced craft cocktail bars serving tapas which somehow managed to survive the financial distress from the pandemic. “We have to have a bailout [of the restaurant […]
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[The Street, Getty Images] American Airlines does not have the financing for Boeing 737 Max aircraft it ordered. Repercussions are many. In addition to not having financing, The company does not have sufficient passengers. So AA Threatens to Cancel Some Orders. American executives told their Boeing counterparts in recent weeks they […]
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[ABC NEWS] Many people receiving unemployment money from Arizona woke up Saturday to empty accounts. Friday night, the unemployment accounts of people who received their money via a Bank of America debit card were emptied. “It’s panic mode. It’s panic mode. People woke up this morning with no money,” said […]
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[Houston Chronicle] The state is trying to claw back tens of millions of dollars in unemployment benefits that it mistakenly paid to thousands of Texans, many of whom have already spent the money and face difficulties paying it back. The Texas Workforce Commission has sent 46,000 notices to jobless workers seeking repayment […]
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[CNN] The US unemployment rate fell to 11.1% as the economy added a record 4.8 million jobs in June, the Bureau of Labor Statistics reported on Thursday. The data was far better than economists predicted, and the unemployment rate also fell more than expected. It was the second-consecutive month of growth after more than 20 […]
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