Great Depression-like US job losses, unemployment rate expected in April

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Great Depression-like US job losses, unemployment rate expected in April

WASHINGTON (Reuters) – The U.S. economy likely lost a staggering 22 million jobs in April, in what would be the steepest plunge in payrolls since the Great Depression and the starkest sign yet of how the novel coronavirus pandemic is battering the world’s …
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Pound Dips With Euro as Trading Week Gets Underway: Markets Wrap

Currency markets saw muted moves in early trading on Monday, though sentiment remained fragile after a rough start to the month for risk assets. The New Zealand dollar slipped along with the pound and euro, though moves for most major currency pairs …
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Whoa: Dayton-owned Bachelor Farmer and Marvel Bar have permanently closed

In what you could justifiably call the highest-profile closure since COVID-19 shut down Minnesota restaurants and bars, the Dayton-owned Bachelor Farmer and Marvel Bar are gone for good. 0. The news broke Thursday afternoon, in a statement from …
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Delta joins airlines requiring passengers to wear face masks; is this the new normal?

As travelers begin to return to the country’s airports, they’ll notice the changes meant to prevent the spread of the coronavirus. Wearing face masks will be customary, and even required by some airlines. More airports may use machines to check passengers …
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Boeing set to raise $25 billion in massive debt sale: sources

(Reuters) – Boeing Co (BA.N) expects to raise around $25 billion in its bond offering on Thursday, according to people familiar with the matter, a blowout result for the planemaker shoring up its finances during the coronavirus-induced travel downturn.
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