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Stocks sank for the third day in a row on Thursday as a massive spike in US unemployment claims roiled Wall Street. The Dow Jones industrial average dropped as much as 167.81 points, or 0.8 percent, at the open after the feds revealed more than 6.6 million people filed initial jobless claims last week as …
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More than 6.6 million Americans applied for unemployment benefits last week as the coronavirus continued to gut the US labor market, the feds said Thursday. The seasonally adjusted number of initial jobless claims reported by the US Labor Department surpassed the prior week’s record-shattering revised total of 3.3 million — another signal that the pandemic …
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US private payrolls dropped in March for the first time in 2 1/2 years, likely as businesses shut down in compliance with strict measures to contain the coronavirus epidemic, supporting economists’ views that the longest employment boom in history probably ended last month. The ADP National Employment Report on Wednesday showed private payrolls fell by …
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AMC Entertainment chief executive Adam Aron is looking at mid-June to reopen US movie theaters. The US market’s largest cinema chain shuttered all 600 of its national locations March 17 as the coronavirus ripped through the country. The pandemic has caused the temporary closure of nearly all of the country’s 40,000-plus screens. “We said we …
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Department of Justice Inspector General Michael Horowitz testifies on Capitol Hill in Washington, June 18, 2018. The Justice Department inspector general said it does “not have confidence” in the FBI’s FISA application process following an audit that found the Bureau was not sufficiently transparent with the court in 29 applications from 2014 to 2019, all …
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Roy Coleman Jr., a personal trainer in Seattle, says he has been unable to file for unemployment due to a high volume errors on the government’s website, Everett, Wash., March 27, 2020. An economist with the St. Louis Fed is projecting coronavirus could cost 47 million Americans their jobs, resulting in a 32.1 percent unemployment …
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In a reversal of his previous stance on the issue, New Jersey Governor Phil Murphy said Monday that gun stores will be considered essential and allowed to reopen in the thick of the coronavirus pandemic. The governor issued an executive order on March 21 requiring all nonessential businesses to close until the pandemic emergency is over. Gun …
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View this post on Instagram A post shared by Kensington Palace (@kensingtonroyal) on Mar 28, 2020 at 5:01pm PDT Kate Middleton‘s efforts to help slow the spread of COVID-19 appear to include the removal of her engagement ring. Over the weekend, the Duchess of Cambridge was seen without her sapphire and diamond engagement ring — …
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View this post on Instagram A post shared by Oklahoma Zoo (@oklahoma_zoo) on Sep 8, 2018 at 7:34pm PDT Shaquille O’Neal and Joe Exotic might not be BFFs, but it seems the Lakers legend kept in touch with another breakout “Tiger King” star. Earlier this month, Jeff Lowe — who took over the Greater Wynnewood …
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Senator Richard Burr (R., N.C.) on Capitol Hill in Washington, D.C., December 16, 2019 . The Justice Department is probing a series of stock trades made by Senator Richard Burr (R., N.C.) in the weeks prior to the outbreak of Wuhan coronavirus in the U.S., CNN reported on Sunday. The probe is being coordinated with …
Stocks sank for the third day in a row on Thursday as a massive spike in US unemployment claims roiled Wall Street. The Dow Jones industrial average dropped as much as 167.81 points, or 0.8 percent, at the open after the feds revealed more than 6.6 million people filed initial jobless claims last week as …
