This means that the furlough or temporary job loss situation that many people initially hoped for is becoming permanent as businesses close and costs are reduced. This closely watched labor market action has nearly tripled since it sank to a 19-year low in February before an epidemic broke out in …
Read More »Kramer is closing its restaurant, hoping to reopen after the Covid-19 vaccine
CNBC’s Jim Kramer said Friday he will close his New York restaurants soon due to a coronavirus epidemic but hopes to resume business when the public health crisis improves. “I’m closing my restaurant and I’m going to close them in 10 days,” Kramer said on “Squaw on the No Street.” …
Read More »Kramer downplaces market drop on Trump coronavirus; Get the shopping list ready
CNBC’s Jim Kramer on Friday denied stock market declines over President Donald Trump’s positive test for coronavirus, suggesting investors may consider buying on pullbacks. “I’m not saying this is too much to do,” Kramer said on Squawk. “I say people should have a buy list ready.” Stock futures fell sharply …
Read More »Unemployment fell to 7.9% in the last pre-election report
U.S. employers added 661,000 jobs last month. October October 2, 2020, 1:00 p.m. • Read 5 minutes Share on FacebookShare on TwitterEmail this article U.S. U.S. Department of Labor Statistics The bureau said in its latest employment report that employers added 1,661,000 jobs in September and the unemployment rate fell …
Read More »The former executive claims Facebook is as addictive as cigarettes
Tech companies are under pressure to draw attention Digital addiction. During a recent House committee hearing on the dangers of social media, former Facebook executive Tim Kendall told Congress that the company deliberately builds its product this way. Addictive As cigarettes. Kendall, CEO of Time-Management Application Moment and former director …
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