Business

(Reuters) – The US drive to boost its economy in the midst of a pandemic came to a halt last week with signs that declining unemployment and business subsidies may have begun to take a toll. PHILO PHOTO: People who lose their jobs are usually waiting to work for unemployment …

TOPLINE Former Hertz CEO Mark Frissora on Thursday was accused of supporting and limiting the company in its submission of inaccurate financial statements in 2013, the Securities and Exchange Commission announced Thursday. Former Hertz Chairman and CEO Mark Frissora poses with a Toyota Prius hybrid car on Thursday June … …

DENVER – The Colorado Unemployment Fund is expected to become insolvent early next week, but the state will borrow money from the Federal Unemployment Account and people who are unemployed should not have to pay a break in their benefits, Labor officials said and Employment Thursday. The state fund currently …

Yesterday, 1,499 Americans died from the novel coronavirus, the highest number since mid-May, and 1,000 Americans have been exposed to COVID-19 every day for the last 17 days, per 7-day rolling averages analyzed by the Washington Post. In the Southern half of the country, states continue to report deaths, with …

Welcome to the oil extraction edition of Oil Markets Daily! Back in March / April when the Saudis declared a world oil price war, analysts and pundits began predicting how global oil inventories would reach tank tops. The reason was that, if demand dropped by ~ 30 mb / d …