Twitter Inc. has had preliminary talks about a potential combination with TikTok, the popular video-sharing app that the Trump administration has declared a national-security threat due to its Chinese ownership, according to people familiar with the matter. It is unclear whether Twitter will pursue a deal with TikTok, which would …
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President Donald Trump’s executive order and memorandums to provide relief during the coronavirus pandemic don’t seem feasible or legal, experts said Saturday. Trump made an end run around Congressional Democrats with an executive order and three memoranda aimed at boosting the economy, but analysts said the wording of the orders …
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In Washington D.C., lawmakers are debating a second batch of stimulus checks in another coronavirus rescue bill. In Blairstown, N.J. Frank Natoli is scratching his head on news of the negotiations. “ ‘My first reaction was ‘second what?’ What about the first?’ ” — Frank Natoli, a software engineer still …
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Older workers are disproportionately impacted with job losses during the current pandemic, especially because not all will be able to return to the workforce. 80% of older Americans can’t afford to retire – COVID-19 isn’t helping Just prior to the crisis, 34 million workers ages 55 to 70 years old …
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President Donald Trump on Friday evening signaled he is close to issuing executive orders to make an end run around a stalled stimulus package with Congressional Democrats but stopped short of issuing them. Trump said the orders might be issued before next week. “They are being drawn by the lawyers …
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The July jobs report was likely viewed with some relief at the Federal Reserve in the sense that officials don’t have to rush forward with more monetary stimulus measures, economists said Friday. The U.S. economy regained 1.76 million jobs last month and the official unemployment rate fell for the third …
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This summer has been eventful for ByteDance, the owner of the rapidly growing social network TikTok. First, the Indian government banned the application from distribution in the country, due to concerns that the Chinese government might access user data. Then a number of U.S. companies warned employees to remove TikTok …
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The U.S. economy probably suffered a steep decline in hiring and job creation in July, but rarely has Wall Street been so flummoxed about the state of the labor market. The resurgence of the coronavirus epidemic in many American states and a potentially big shift in school employment could throw …
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A golden cross formed in the Dow Jones Industrial Average DJIA, +0.68%, more than five months after a bearish chart pattern materialized in the aftermath of the carnage wrought by the COVID-19 pandemic. A golden cross occurs when the 50-day moving average for an asset price trades above the 200-day …
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