The number of people filing for unemployment benefits last week was higher than expected, raising concerns about the state of the economy as lawmakers struggle to move forward on a new coronavirus incentive package. The Department of Labor said initial unemployment claims for the week ending August 15 came to …
Read More »3-year-old girl killed in chemical explosion in Beirut symbolizes tragedy
She does not understand why her face of her 3-year-old daughter has gone viral. Their daughter, Alexandra Najjar, was one of more than 170 people killed in the colossal chemical explosion that killed Beirut, the capital of Lebanon, on August 4, wounding thousands and deepening Lebanon’s political crisis. “She was …
Read More »Oil and equities are falling as markets still rattled by Fed minutes
LONDON (Reuters) – The Federal Reserve’s doubts about the US economic recovery kept markets in the red on Thursday, even though European stock indices spent the morning recovering from initial losses. FILE PHOTO: Traders are pictured at their office for the DAX board on the stock exchange in Frankfurt, Germany …
Read More »California has its first case of plague in 5 years. How likely are you to catch it?
In the Middle Ages, the plague caused tens of millions of deaths in Europe in a series of outbreaks known as the Black Death. And although it is extremely rare in modern times, the deadly bacterial infection is still prevalent today – but how likely are you to catch it? …
Read More »Premarket shares: Airbnb IPO presents a market test for flash startups
What’s happening: The company announced Wednesday that it had filed confidential paperwork with the U.S. Securities and Exchange Commission for an initial public offering. This means that Airbnb will soon start finding investors after a time when their income is under pressure. The field: Airbnb was founded in 2008, shaking …
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