U.S. needs a ‘really, really big’ relief package to keep its economy afloat, says Paul Krugman
Nobel Prize-winning economist Paul Krugman. Panayiotis Tzamaros | ullstein bild via Getty Images The U.S. may need several hundred billion dollars a month in “disaster relief” to keep the economy afloat as a raging coronavirus outbreak continues to suppress prospects...
Laid off again? Here’s what you need to know about collecting unemployment benefits
JEFF KOWALSKY | AFP | Getty Images Many workers may be at risk of losing their jobs again as some areas are imposing or considering new shutdown orders to curb a surge in coronavirus cases. A judge in El Paso...
Private payroll growth slows in October, well below expectations
A worker wearing a protective mask and gloves assembles face shields at the Cartamundi-owned Hasbro manufacturing facility in East Longmeadow, Massachusetts, on Wednesday, April 29, 2020. Adam Glanzman | Bloomberg via Getty Images Private job creation showed a sharp deceleration...
Stock futures jump as U.S. election results roll in, Nasdaq futures surge more than 3%
Election officials count absentee ballots at a polling place located in the Town of Beloit fire station on November 03, 2020 near Beloit, Wisconsin. Scott Olson | Getty Images Stock futures jumped in volatile trading Tuesday night as results of...
End of $600 unemployment boost pushes more households to the edge
People wait in line at a food bank in Brooklyn, New York, on April 28, 2020. Spencer Platt | Getty Images News | Getty Images The end of a $600 weekly boost to unemployment benefits over the summer is rapidly...
Stocks making the biggest moves midday: Clorox, Under Armour, Lemonade, Dunkin’ Brands & more
Colorox brand toilet bowl cleaner sits on display at a supermarket in Princeton, Ill. Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines midday Monday: SolarEdge Technologies – Shares of the solar-equipment maker jumped more than...
Stock futures up slightly amid England stay-at-home order, U.S. election uncertainty
Stock futures were flat in overnight trading on Sunday amid rising concerns that coronavirus cases could slow the global economy. The move came as England adopted a stay-at-home order and as traders braced for Tuesday’s U.S. presidential election, where a...
Leaving New York: High earners in finance and tech explain why they left the ‘world’s greatest city’
Brenan Hefner, co-founder and chief operating officer of Analyst Hub, and his family outside of their former home in Pelham, NY. Source: Brian Hefner Like many before him, Brenan Hefner arrived in New York 20 years ago in search of...
Here’s how a Biden or Trump presidency would affect your personal finances
Joe Biden, 2020 Democratic presidential nominee, right, and President Donald Trump during the presidential debate at Belmont University in Nashville, Tennessee, on Oct. 22, 2020. Kevin Dietsch/UPI/Bloomberg via Getty Images President Donald Trump and Joe Biden, his Democratic opponent in...
The Fed could face more pressure to act: ‘They don’t have the luxury of time anymore’
Joggers pass the Marriner S. Eccles Federal Reserve building in Washington, D.C., on Tuesday, Aug. 18, 2020. Erin Scott | Bloomberg | Getty Images With inflation still elusive and a host of questions surrounding an economy that just set a...
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