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Billionaire David Rubenstein on the Covid-19 economy — and how some jobs just are not coming back

He said he expects small businesses will continue to be hit particularly hard as the economy limps along......»»

Category: topSource: bizjournals3 hr. 13 min. ago Related News

Philadelphia business leaders, public officials outline goals on racial equity and job training for Covid-19 recovery

The Philadelphia Regional Recharge and Recovery Taskforce is concentrating on equitable, workforce development and health and safety to reinvigorate the region's economy......»»

Category: topSource: bizjournals3 hr. 13 min. ago Related News

The stock market will become disconnected from the economy in 2021 as companies expand layoffs, money manager says

Kevin Nicholson said: "Companies are going to right-size their business. This is going to create the divergence between the economy and the market." A waitress walks past empty chairs and tables in a restaurant in the city of Rheda-Wiedenbrueck,.....»»

Category: topSource: businessinsider4 hr. 58 min. ago Related News

Economic Report: Consumer sentiment index rises to 78.9 in September, highest level since March

The amount of confidence Americans have in the economy and their own financial security has a good record of predicting the future. Until they feel more secure, the economy is unlikely to make a rapid recovery from the coronavirus recession......»»

Category: topSource: marketwatch7 hr. 43 min. ago Related News

Leading U.S. economic index slips in August, signaling economy may be losing steam

The leading economic index rose 1.2% in August, the Conference Board said Friday. This is a slower pace than.....»»

Category: topSource: marketwatch8 hr. 13 min. ago Related News

U.K. edges closer to second national lockdown to help contain second coronavirus wave

PM Boris Johnson has said that he would do the utmost to try to “protect the economy,” after the U.K. suffered Europe’s most severe GDP decline on the virus’ impact......»»

Category: topSource: marketwatch9 hr. 13 min. ago Related News

Tesla shares recharged by Chinese demand for Model 3

Model 3 sales in the world's second-largest economy, expected to represent 40% or more of global electric-vehicle sales by early 2022, have higher margins and will help Tesla achieve increased profitability over the next few years, an analyst says......»»

Category: topSource: foxnews10 hr. 28 min. ago Related News

Angels Landing development would inject $1.6 billion into local economy, analysis says

Angels Landing, a $2 billion hotel development proposed for the Bunker Hill neighborhood of downtown Los Angeles, will create thousands of new jobs and generate millions in annual tax revenues for L.A., according to new analysis. The report by New.....»»

Category: topSource: bizjournals21 hr. 13 min. ago Related News

Viewpoint: To fuel Austin"s recovery, invest in clean energy

Austin is an international hub for innovation and culture. As a state, when compared even against sovereign nations, Texas is the 10th-largest economy in the world, ahead of Canada and Russia. Whether we’re talking about oil and gas, grocery or .....»»

Category: topSource: bizjournalsSep 17th, 2020Related News

Pence"s former top aide says Trump called the coronavirus "a good thing" because he didn"t like shaking hands with "disgusting" supporters

Olivia Troye said Trump was primarily concerned with the economy and his reelection and undermined the task force's pandemic response. Olivia Troye, Vice President Mike Pence's former.....»»

Category: topSource: businessinsiderSep 17th, 2020Related News

What"s Next for Bank Stocks as Fed Aims for Increased Inflation?

A look at how major US banks are trying to find new income in a weak economyRelated Stocks: JPM, C, WFC, BAC, MS, GS,.....»»

Category: blogSource: gurufocusSep 17th, 2020Related News

Apple pulls in panel orders for new iPads

Apple's pull-ins for panel orders for its newly released 10.2-inch iPad and 10.9-inch iPad Air have been strong thanks to the booming stay-at-home economy, according to sources from Taiwan's panel supply chain......»»

Category: topSource: digitimesSep 17th, 2020Related News

China panel makers shift more capacity for IT panels

China-based panel makers are shifting more of their capacities for production of IT panels amid a ramp-up in demand for notebooks and tablets supporting stay-at-home economy, according to industry sources......»»

Category: topSource: digitimesSep 17th, 2020Related News

APCB expects robust stay-at-home economy to drive 2H20 results

Advanced Printed Circuit Board (APCB) expects strong PCB demand for notebook lens modules and DRAM modules supporting the stay-at-home economy to drive its performance in the second half of 2020......»»

Category: topSource: digitimesSep 17th, 2020Related News

Replacement demand for colored e-book readers to emerge in 2021

Replacement demand for colored e-book readers is expected to emerge in 2021, as the ongoing stay-at-home economy is bolstering demand for the e-paper-based reading devices, according to industry sources......»»

Category: topSource: digitimesSep 17th, 2020Related News

Pence"s former top aide says Trump called coronavirus "a good thing" because he didn"t like shaking hands with "disgusting" supporters

Olivia Troye says Trump was primarily concerned with the economy and his reelection and undermined the task force's pandemic response. Olivia Troye, Vice President Mike Pence's forme.....»»

Category: topSource: businessinsiderSep 17th, 2020Related News

By the numbers: A snapshot of Chicago’s economy six months into the pandemic

Since the start of the coronavirus pandemic, hundreds of thousands of Chicago-area jobs were lost, consumer spending dropped 43%.....»»

Category: topSource: chicagotribuneSep 17th, 2020Related News

The Federal Reserve projects the economy to improve next year, with unemployment falling to 5.5 percent by the end of 2021

The unemployment projections offer a snapshot into how Fed leaders think the economy will fare. But there is plenty the estimates do not account for......»»

Category: topSource: washpostSep 17th, 2020Related News

After 6 Months Of Pandemic Lockdowns... There"s Still A Long Way To Go

After 6 Months Of Pandemic Lockdowns... There's Still A Long Way To Go Tyler Durden Thu, 09/17/2020 - 13:27 Authored by Wolf Richter via WOLF STREET, The US economy .....»»

Category: personnelSource: nytSep 17th, 2020Related News

: Senators Elizabeth Warren and Chuck Schumer say U.S. should immediately cancel $50,000 in student loans for millions of borrowers

'Even before the COVID–19 pandemic, the United States also faced a historic student loan crisis, which is currently holding back our struggling economy,' Warren said......»»

Category: topSource: marketwatchSep 17th, 2020Related News