The logos of the Facebook and Google applications are displayed on a tablet. Denis Charlet | AFP via Getty Images Britain’s competition regulator has established recommendations for new regulations to address the dominance of Google and Facebook in the online advertising market. The Competition and Markets Authority (CMA) said on …
Read More »A projected increase in U.S. job growth for June may not last
WASHINGTON (AP) – American employers likely re-hired several million more workers in June, thus reducing the unemployment rate to the depression level, but the most up-to-date data suggests that a resurgent coronavirus will limit more earnings. Economists have forecast that businesses, governments and nonprofits added 3 million jobs, a record, …
Read More »Ending China’s poverty in 2020 would be Xi Jinping’s greatest achievement. The coronavirus could have ruined it
Then the new coronavirus pandemic wiped out the global economy. China closed factories in January and February to prevent a major outbreak and contain the virus, but at the same time seriously damaged employment and production in the country. In front of journalists in his Chinese Prime Minister Li Keqiang, …
Read More »Record US job growth expected in June, but hides weak job market
WASHINGTON (Reuters) – The U.S. economy likely created jobs at a record pace in June as more restaurants and bars resumed operations, offering further evidence that the COVID-19 recession is likely to have ended, albeit a surge. in coronavirus cases it threatens incipient recovery. FILE PHOTO: People line up outside …
Read More »Wit and good luck: summary of Cramer’s “crazy money” (Tuesday 06/30/20)
Some companies are taking the bull by the horns and driving this pandemic to profit, Jim Cramer told his Mad Money viewers on Tuesday. Cramer said that through a combination of ingenuity and a bit of luck, many of this quarter’s outstanding stocks are about to rise again next quarter. …
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