[unable to retrieve full-text content] Boots, John Lewis, and the U.K. arm of Burger King all announced job cuts on Thursday as companies count the damage of lockdown measures. MarketWatch.com – Top Stories
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Our call of the day comes from David Donabedian, chief investment officer at CIBC Private Wealth Investment, who tells MarketWatch that the V-shaped market we’ve seen since February — “an almost perfect peak” of a 34% decline followed by a 41% recovery for the S&P 500 SPX, -0.56% through June …
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Dr. Anthony Fauci said Thursday that the U.S. is not doing great at containing the spread of COVID-19, but stopped short of saying parts of the country might need to shut down again. “ “I don’t think you can say we’re doing great. I mean, we’re just not.” ” — …
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The numbers: The number of initial jobless claims fell by almost 100,000 in early July to a four-month low 1.31 million, but the pace of layoffs is still quite high and appears to be bogging down an economic recovery from the coronavirus pandemic. Initial jobless claims, a rough gauge of …
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Dear Moneyist, Unfortunately, we are one of the families who only got a $ 200 stimulus payment. We have a family of five that we provide for, but because one of our kids would have owed around $ 800 in federal taxes and would benefit more from us not claiming …
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Millions of Americans have lost their job during the COVID-19 outbreak and are relying on unemployment benefits as they pay their bills and re-start their career. That’s a serious challenge they face right now. Without some planning, they could also face a future problem — an unanticipated, unbudgeted tax bill …
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The number of U.S. cases of COVID-19 edged closer to 3 million on Wednesday, and intensive-care units in Florida were filling up, as the U.S. counted a record number of new cases of the deadly illness in a single day, in the latest sign that the virus is far from …
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The row between Britain and the U.S. over food standard has deepened after some of the U.K.’s leading grocers have refused to sell a raft of food imports. Britain’s fifth biggest grocer Aldi said it would never sell chlorine-washed chicken imported from the U.S., regardless of the outcome of ongoing …
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A Silicon Valley startup founder was caught on camera unleashing a racist tirade on an Asian-American family seated opposite him at a California restaurant, according to report. Michael Lofthouse, the CEO of San Francisco-based IT company Solid8, launched the unprovoked attack on other diners as they celebrated a birthday Saturday …
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