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Paul Singer’s Elliott Management said global stocks could tumble further, ultimately losing half or more of their value from February’s high, as the world braces for the deepest recession since the 1930s-era Great Depression. The New York-based hedge fund firm, in a letter to clients on Wednesday seen by Reuters, wrote that the sharp market …
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Iggy Pop borrowed his pants. Beyoncé’s mom bought a studded jacket off him for her daughter’s tour. And when Debbie Harry needed someone to zip her into thigh-high boots, he was the man for the job. Jimmy Webb, who died this week at 62 from cancer, made his name outfitting rock royalty. An eccentric scenester …
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Another 5.2 million people filed initial unemployment benefit claims last week as the coronavirus pandemic continues to stall the economy and throw Americans out of work, according to data released Thursday by the Labor Department. The eye-popping figure for the week that ended April 11 is nevertheless under the record 6.9 million who filed two weeks …
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US stocks ticked up Thursday as Wall Street tried to brush off another surge in unemployment filings amid the coronavirus crisis. The Dow Jones industrial average climbed as much as 62.01 points, or 0.2 percent, at the open despite the US Department of Labor reporting another 5.2 million initial jobless claims last week. The staggering …
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More than 5.2 million Americans filed for unemployment benefits last week as the number of people put out of work by the coronavirus crisis climbed above 22 million, new federal data show. The staggering numbers from the US Department of Labor indicate 13 percent of the American workforce was sidelined in just a month as …
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United Airlines Holdings Inc said on Wednesday that it has cut its flight schedule by 90% in May and expects similar cuts for June as a result of the coronavirus pandemic, and warned that travel demand that is now “essentially at zero shows no sign of improving in the near term,” making job cuts likely. …
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Former Vice President Joe Biden and his son Hunter Biden depart after a pre-inauguration church service in Washington, D.C., January 18, 2009. Business records show that Hunter Biden is still listed as a board member of Chinese private equity firm BHR Partners, despite his lawyer saying in November that Biden had resigned from the position. …
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Michael Costello is calling out celebrities who are unwilling to lend a hand in the face of the coronavirus crisis. The fashion designer, 37, is on a mission to create one million face masks to distribute to those in need. But when he enlisted a few of his star clients to help out, it seems …
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Ron Johnson (R., Wis.) speaks on Capitol Hill in Washington, D.C., May 15, 2018. Senator Ron Johnson (R., Wisc.) revealed in an interview Monday that, despite coronavirus, his staff is working hard on a report to detail the Senate Homeland Security Committee’s investigation into Burisma and the Bidens, saying that it should be released “sometime …
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Jimmy Webb, a downtown fixture and enthusiastic salesman and buyer at iconic East Village rocker fashion haven Trash and Vaudeville, has died, his longtime friends confirm. He was 62. “We are all going to miss our wonderful friend Jimmy Webb,” Debbie Harry, legendary Blondie frontwoman and Webb muse, 74, told The Post. “There goes a …
Paul Singer’s Elliott Management said global stocks could tumble further, ultimately losing half or more of their value from February’s high, as the world braces for the deepest recession since the 1930s-era Great Depression. The New York-based hedge fund firm, in a letter to clients on Wednesday seen by Reuters, wrote that the sharp market …
