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The trillions of dollars in cash and loans unleashed by the Federal Reserve and US political leaders in recent weeks is meant to build a financial bridge for the country to get beyond the coronavirus pandemic and restart the economy with little or no long-term damage. But that mammoth effort is still unlikely to change …

Vicki Gunvalson may have lost her orange, but she’s gaining another grandchild. The former “Real Housewives of Orange County” star’s daughter, Briana Culberson, is pregnant with her third child. Briana’s husband, Ryan Culberson, announced the news on Instagram Friday. “With all the bad news going on in the world hopefully this brings a smile to …

Less than half the US jobs lost to the coronavirus crisis will be recovered by the end of next year, a new survey shows. Economists expect non-farm payrolls to shed a monthly average of more than 4.5 million jobs from April through June as the pandemic keeps the economy largely frozen, according to the National …

Tribune Publishing, the parent company of the Chicago Tribune, the New York Daily News, and the Baltimore Sun, late Thursday said it was asking employees across the company to take pay cuts ranging from 2 percent to 10 percent. Unionized shops within the company are being asked to take a 4.5 percent pay cut, according …

Billionaire investor Cliff Asness has spent his quarantine watching $43 billion disappear. Asness’ AQR Capital — which managed $186 billion at the end of 2019 — has updated its Web site to reflect that its assets under management as of March 31 now stand at $143 billion. It’s unclear how much of the massive 23 …

Lots of us have been bingeing pandemic movies, understandably: It’s perversely comforting to see that things could be worse. But what else, I wondered, did film envision for us in 2020, specifically? I looked at five sci-fi movies set this year (and available for rent on Amazon, among other platforms) to see if things were …

A New York investment firm pitched wealthy investors in recent days on a way to make returns of 22 percent to 175 percent using US government programs designed to help Americans keep their jobs and boost the coronavirus-stricken economy, according to a marketing document seen by Reuters. Following questions posed by Reuters, Arcadia Investment Partners, …

Coronavirus claimed 1,973 lives in the U.S. on Wednesday, the largest one-day death toll in the country since the start of the pandemic, according to the Johns Hopkins University tracker. With over 432,000 Americans infected, almost 15,000 Americans have died in total as of Thursday morning. Earlier on Wednesday, Dr. Anthony Fauci, head of the …

More than six million Americans filed jobless claims last week, the second highest number of initial unemployment claims filed in one week since the Department of Labor began tracking the data in 1967. Over 16 million Americans have lost their jobs over the past three weeks as states have closed businesses and implemented social-distancing measures …

More than 6.6 million people applied for unemployment benefits last week as the coronavirus crisis put nearly 17 million Americans out of work in just three weeks, new federal data show. Last week’s seasonally adjusted total added to an unprecedented surge in initial jobless claims as the pace of filings barely slowed from a record-shattering …