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Markets / Economy

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Biden Plan Targets “Wealthy” Taxpayers

Oct 08, 2020 at 18:00

Biden’s tax plan, just announced, proposes the 12.4% Social Security tax to kick back in for incomes above $400,000

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Jobs Report Paints Dire Picture of US Economy

Oct 06, 2020 at 18:00

As health experts warn about a looming, and perhaps imminent, third wave of the pandemic, data shows that the U.S. continues to pile on unemployment claims

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13-Minute COVID Tests Could Get Life Back To Normal

Oct 01, 2020 at 17:00

The United States, Canada and Europe have all unlocked the doors of rapid COVID testing amid a surge in cases.

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How COVID-19 Is Transforming The World's Sovereign Wealth Funds

Sep 12, 2020 at 18:00

The role that many sovereign wealth funds (SWFs) play in national economic policy has changed dramatically as a result of the pandemic, giving rise to questions about their future.

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Today’s Young Adults Aren’t Leaving the Nest

Sep 10, 2020 at 11:00

The pandemic has given greater impetus to the phenomenon of young adults living with their parents, even post-college, and for once, it doesn’t necessarily mean you’re a creep.

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Permanent Layoffs Are On The Rise

Aug 21, 2020 at 17:00

One executive told CNBC they are looking to reduce travel expenses permanently. “We just don’t need to necessarily make the trips that we’ve historically made.”

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Bankruptcies Loom As Fed Spells Out Economic Gloom

Aug 20, 2020 at 18:00

Experts are warning that the growing momentum of Covid-19 bankruptcies will make 2008 appear tame in comparison.

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Is U.S. Real Estate Bouncing Back?

Aug 20, 2020 at 10:00

While there haven’t been many economic bright spots during the coronavirus pandemic, U.S. housing starts in July might inspire some optimism.

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Dead Malls Could Be Amazon’s Next Target

Aug 10, 2020 at 18:00

Amazon is reportedly in talks to team up with Simon Property Group, the biggest U.S. mall owner, to convert bankrupt megastores into fulfillment centers.

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Jobs Report Doesn’t Say Much Amid COVID Uncertainty

Aug 04, 2020 at 18:00

U.S. employers added 7.5 million jobs in May and June, following a devastating April in which millions filed for unemployment benefits

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