Sticky weekly jobless claims underscore US labor market distress

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Sticky weekly jobless claims underscore US labor market distress

WASHINGTON (Reuters) – The number of Americans filing claims for unemployment benefits fell less than expected last week likely as hiring by reopening businesses is being partially offset by a second wave of layoffs, supporting the view that the labor …
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Mitie joins Interserve to strengthen hand in Covid-19 crisis

Two of Britain’s biggest government contractors are merging their struggling facilities management arms in a deal that will create a business employing 77,500 people in the UK. Mitie has raised £201m in a fully underwritten rights …
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Ask Larry: Which Month Does My Bonus Pay Count Towards My Earnings Limit?

Today’s column addresses questions about what month bonuses are credited in, the availability of divorced spousal benefits, filing online and how to file in response to virus related unemployment. Larry Kotlikoff is a Professor of Economics at Boston …
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Bentley Mulsanne Bows Out With Bespoke 6.75 Edition Model

Bentley is finally putting the Mulsanne to rest after handcrafting some 7,300 units over the course of more than a decade. In order to celebrate this landmark, employees gathered for some socially-distanced photographs with the final cars, as well as the …
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Kudlow Says US Economy Won't Shut Down Despite Surge in Virus

Top White House economic adviser Larry Kudlow said the U.S. economy will not shut down again, even as a surge of coronavirus cases threatens the country’s economic recovery. Kudlow acknowledged during a Fox Business Network interview on Thursday …
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