The U.S. is the only highly-developed country without a federal paid parental leave law. This is especially critical as millions of American women face a coronavirus-induced recession that’s hit them especially hard, advocates for paid leave say. Shutdown orders and consumer anxiety have cut into the services sector, which also …
Read More »
The U.S. stock market has rebounded mightily in recent months but Howard Marks cautions investors to brace for a tough slog in the economy, and that’s even if a fresh fiscal stimulus package can be passed by Congress to help heal the coronavirus-stricken business climate. “Thus, this down-cycle cannot be …
Read More »
The era of coronavirus has already been hard on the American psyche, but the CEO of the world’s largest asset manager cautions that everyone should brace for even rougher days ahead, as the U.S. attempts to emerge from the worst public-health crisis in more than a century. BlackRock’s Chief Executive …
Read More »