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Less than two weeks after signing a $2 billion deal with General Motors, the founder of electric truck start-up Nikola Corp. stepped down amid a claim that he had repeatedly lied about the company’s technology.
The resignation of Trevor Milton as executive chairman, announced late Sunday, came after the investment
“You can get $1,000 extra a day by getting rid of the Gloria Singles of the world and replacing them with someone on Medicare,” said Matthew Borden, Ms. Single’s lawyer.
John Supple, a lawyer for the Retirement Housing Foundation, which operates Pioneer House, said that its medical director had deemed
The number of Americans filing for unemployment benefits fell last week, but employers continue to lay off workers at an extraordinarily high pace that exceeds the worst levels of past recessions.
Initial claims for state benefits totaled 790,000 before adjustments for seasonal factors, the Labor Department reported Thursday. The tally,
Economic statistics were never designed to measure the sudden shutdown and restart of large segments of the U.S. economy. Still, if there is one question that the government seemingly should be able to answer, it is this: How many Americans are receiving unemployment benefits?
Since the start of the pandemic,
Despite some signs of economic revival, the outlook for American workers remains treacherous, with layoffs continuing to claim hundreds of thousands of jobs a week.
The weekly figures on unemployment claims from the Labor Department on Thursday showed no relief, reflecting what Michael Gapen, chief U.S. economist at Barclays, said
The underlying strength of the economy will come into sharper focus Thursday morning, when the government reports the latest
Here’s what you need to know:
The state of the job
Government data on Thursday morning is expected to show that layoffs in the United States remained exceptionally
With rising concerns that temporary layoffs are turning into permanent job losses, economists worry what this will mean for workers at the bottom rungs of the labor market — those with the fewest skills and the lowest pay.
Workers in low-skill industries like restaurants and bars will need retraining to