Bay Area workers entered the early stages of the coronavirus outbreak with some of the highest wages in the nation, and in the case of South Bay, the highest wages, a new federal report shows. Average weekly wages in Santa Clara County for the last three months of 2019 were …
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Pershing Square Capital Management founder Bill Ackman said his new special-purpose acquisition company is the “investor-friendly SPAC in the world.” “What’s new in our structure is that it is the first SPAC where we are not receiving compensation: no management fees, incentive fees … we are not buying cheap stocks. …
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While markets reacted positively this week to promising news of possible developing coronavirus vaccines, a leading economist warned that the economic impact of the pandemic will be here for a long time. A large number of small businesses that closed in March when restrictions on social movements went into effect …
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ANDERS WIKLUND / Getty Throughout the coronavirus pandemic, Sweden has drawn international attention for its unorthodox approach to controlling the spread of the virus. Unlike most European countries, Sweden did not impose strict blocking measures. Now she’s reaping the rewards, financially speaking, at least. A Capital Economics report released Tuesday …
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The Senate banking committee on Tuesday approved controversial Federal Reserve nominee Judy Shelton and Christopher Waller for two vacancies on the central bank’s board of governors. Their nominations are now directed to the full Senate for confirmation. President Donald Trump had announced his intention to nominate the couple in July …
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