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April jobs report to show record unemployment from coronavirus

In the harshest downturn for American workers in U.S. history, employers cut in April and the unemployment rate more than tripled to 14.7%. Back in February, before the coronavirus<…; pandemic... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKMay 10th, 2020Related News

Jobless rate triples to 14.7% in sharpest labor downturn in U.S. history

In the harshest downturn for American workers in U.S. history, employers cut in April and the unemployment rate more than tripled to 14.7%. Back in February, before the coronavirus<…; pandemic... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKMay 10th, 2020Related News

WEBCAST May 8, 2020: How COVID-19 will change NYC real estate

As more businesses have become comfortable with employees working from home, this webcast features NYC real estate professionals talking about what they are hearing about office space needs. Can... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKMay 10th, 2020Related News

In pandemic, these startups look good

With the coronavirus pandemic making trips to the drugstore risky, New York online pharmacy Capsule knew it had an opportunity. It accelerated its expansion plans, launching two weeks ago in... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKMay 10th, 2020Related News

JPMorgan fund doubles down on rental homes

JPMorgan Chase’s asset-management arm increased its bet on single-family rental homes, more than doubling the size of a joint venture with landlord American Homes 4 Rent. JPMorgan’s Strategic... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKMay 10th, 2020Related News

Mortgage lenders tighten screws on U.S. credit in echo of 2008

Mortgage rates are at record lows, but borrowers hoping to take advantage are running into the toughest loan-approval standards in years. During the past month, lenders have put in place higher... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKMay 10th, 2020Related News

Health care industry loses 1.4 million jobs in pandemic

The U.S. health care industry wasn’t immune to the devastating job losses caused last month by the coronavirus pandemic. Even as health care workers battled Covid-19 in emergency rooms and... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKMay 10th, 2020Related News

Zillow eyes home-flipping as Americans tire of their houses

Americans are spending more time than ever at home. Seems like a good time to sell them a new house, according to Zillow. Zillow Group is preparing to fire up the company’s home-flipping business,... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKMay 10th, 2020Related News

Trump’s 2020 jobs bet unravels amid worst slump since Depression

President Donald Trump says he resuscitated President Barack Obama’s gasping economy and proceeded to build it to its strongest position ever. Now as record job losses mount across the country, the... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKMay 10th, 2020Related News

Fox is getting serious about live sports returning to TV

Fox Sports, which broadcasts games for Major League Baseball, the National Football League and other pro leagues, is taking steps toward revving up advertising sales for the resumption of live... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKMay 10th, 2020Related News

Citi has 2,000 employees working on small-business loan program

Citigroup said it has shifted 2,000 employees to help with Paycheck Protection Program loans for small businesses. The bank has submitted more than 27,500 applications to the federal Small Business... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKMay 10th, 2020Related News

State is ‘finally ahead of the virus,’ Cuomo says

New York is “finally ahead of the virus,” Gov. Andrew Cuomo said. Total hospitalizations are down to 8,196, from more than 18,000 at the peak. The daily death toll is at about 200, down from a high... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKMay 10th, 2020Related News

Internet giants to staff: Plan to work from home for the year

Elon Musk wants people to return to work. Google and Facebook have a different message for their staff: Get ready to stay home for all of 2020. Sundar Pichai, Google’s chief executive, told... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKMay 10th, 2020Related News

Nurses union demands better worker protection for potential second wave of Covid-19

The New York State Nurses Association released a report Thursday outlining the policies it would like to see lawmakers and hospitals implement to better protect workers from Covid-19. The union said... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKMay 10th, 2020Related News

Mad dash for small business loans slows down

The pace of processing loans from a popular coronavirus for U.S. small businesses has slowed abruptly, allaying initial concerns that a second round of funding would be exhausted in a matter of... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKMay 10th, 2020Related News

Car dealers nationwide poised to adopt protocols

New York hospitals will get $5 billion from the U.S. Department of Health and Human Services as part of a $12 billion plan to distribute money to Covid-19 hot spots. The funding will be distributed... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKMay 8th, 2020Related News

AOC leads new effort to cancel rent

New York hospitals will get $5 billion from the U.S. Department of Health and Human Services as part of a $12 billion plan to distribute money to Covid-19 hot spots. The funding will be distributed... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKMay 8th, 2020Related News

How automakers have been changed by a virus

New York hospitals will get $5 billion from the U.S. Department of Health and Human Services as part of a $12 billion plan to distribute money to Covid-19 hot spots. The funding will be distributed... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKMay 8th, 2020Related News

Testing, PPE limitations slow restart of deferred care

New York hospitals will get $5 billion from the U.S. Department of Health and Human Services as part of a $12 billion plan to distribute money to Covid-19 hot spots. The funding will be distributed... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKMay 8th, 2020Related News

Pandemic recovery must focus on addressing disparities, experts say

New York hospitals will get $5 billion from the U.S. Department of Health and Human Services as part of a $12 billion plan to distribute money to Covid-19 hot spots. The funding will be distributed... To view the full story, click the title link......»»

Category: blogSource: CRAINSNEWYORKMay 8th, 2020Related News