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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»