US jobs recovery plateaus as coronavirus case surge threatens economy

Where are the jobs in America? CareerBuilder CEO Irina Novoselsky breaks down which industries are in highest demand including trucking, health care and tech. The number of unemployed Americans filing for jobless benefits dropped almost imperceptibly last week, igniting concerns that the labor market’s recovery from the coronavirus pandemic is already starting to plateau. Continue Reading Below CORONAVIRUS STILL KEEP […]

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Texas, Florida Shutter Bars As COVID-19 Shatters Records

The governors of Texas and Florida both ordered bars closed across their states Friday as confirmed COVID-19 cases there continue to hit record highs. The sweeping action marks a reversal of what critics worried was a rush to reopen following coronavirus shutdowns earlier this year. Bars are especially dangerous environments for the spread of the disease. Florida announced the decision […]

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Zimbabwe Halts Stock Exchange, Mobile Money to Steady Currency

Zimbabwe suspended all monetary transactions on mobile-phone platforms and halted trade on the local stock exchange in an effort to stabilize its currency. The measures come two days after President Emmerson Mnangagwa warned his government will tackle “malpractices” that he said have undermined his government’s efforts to end an economic crisis. Inflation in the southern African nation is at 786%, […]

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Spacewalking astronaut loses mirror, newest space junk

NASA astronaut: SpaceX launch is ‘renaissance of commercial space travel’ NASA astronaut Doug Wheelock argues NASA working with SpaceX is a ‘great partnership.’ CAPE CANAVERAL, Fla. — A spacewalking astronaut added to the pieces of junk orbiting the Earth on Friday, losing a small mirror as soon as he stepped out of the International Space Station for battery work. Continue Reading […]

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Banks on ‘Much Shorter Leash’ With Fed’s New Payout Rules

The biggest U.S. banks face stricter oversight in the wake of this year’s stress tests, after the Federal Reserve added new rules that could limit dividends and stock buybacks in response to the Covid-19 pandemic. While the industry fared well in the central bank’s annual review, policy makers said Thursday they would require firms to re-submit capital plans later this […]

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