For decades, the best thing about being a Hollywood executive, really, was how you got fired. Studio executives would be gradually, gently, even lovingly, nudged aside, given months to shape their own narratives and find new work, or even promoted. When Amy Pascal was pushed out of Sony Pictures in
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WASHINGTON — Judy Shelton, an unorthodox economist who was an adviser to President Trump’s 2016 campaign, could move one step closer to a seat on the Federal Reserve’s Board of Governors this week.
While her fate is far from guaranteed, the Senate Banking Committee is expected to approve Ms. Shelton’s
Businesses are reopening after coronavirus shutdowns, governments are easing restrictions, and workers are gradually returning to their jobs. But the layoffs keep coming.
Another 1.5 million people applied for state unemployment benefits last week, the Labor Department said Thursday, while 760,000 more filed new claims for Pandemic Unemployment Assistance, a
Although the first wave of reopenings is returning workers to restaurants, retailers and other businesses hit hard by the coronavirus pandemic, layoffs are seeping through sections of the job market that previously escaped major damage.
On Thursday, the Labor Department said more than 1.5 million Americans filed new state unemployment
In the weeks before states around the country issued lockdown orders this spring, Americans were already spending less, traveling less, dining out less. Small businesses were already cutting employment, or even closing shop.
In some states that have already begun that process, the same daily economic data shows only meager