Reddit cofounder Alexis Ohanian said Friday he’s resigning from the company’s board of directors and wants a black candidate to take his seat on what has been an all-white, four-person board. CEO Steve Huffman promised to honor the request and said in a post on Reddit that the company will […]
U.S. labor market unexpectedly improves; recovery years away
3/3 (C) Reuters. A man speaks with a library worker after receiving an unemployment form, as the outbreak of coronavirus disease (COVID-19) continues, in Miami Beach 2/3 By Lucia Mutikani WASHINGTON (Reuters) – The U.S. economy unexpectedly added jobs in May after suffering record losses in the prior month, offering […]
Colombia sees national income falling by $6.6 billion this year
Economic Indicators16 hours ago (Jun 05, 2020 04:10PM ET) By Carlos Vargas and Nelson Bocanegra BOGOTA (Reuters) – Colombia’s government estimated national income could fall by 23.7 trillion pesos ($6.58 billion) this year, as the coronavirus lockdown and low oil prices batter the Andean country’s economy. The country could issue […]
Women struggle to get back to work in Canada as ‘she-cession’ weighs
Economic Indicators16 hours ago (Jun 05, 2020 04:05PM ET) (C) Reuters. FILE PHOTO: A woman walks past a “Help wanted” sign at a retail store in Ottawa By Kelsey Johnson and Julie Gordon OTTAWA (Reuters) – Women are having a harder time than men returning to Canada’s labour force as […]
As Businesses Reopen, Some Workers Fear Returning
Some employers, backed by lawmakers, are seeking protections from lawsuits if workers contract the coronavirus. In May, House minority leader Kevin McCarthy said liability protections would be a priority in the next relief bill. In Iowa, Republican lawmakers are rallying in support of a bill offering coronavirus lawsuit protection to […]
Chile inflation lags in May as lockdown measures drag on prices
Economic Indicators16 hours ago (Jun 05, 2020 03:40PM ET) SANTIAGO (Reuters) – Chilean consumer prices fell 0.1% in May, the government’s statistics agency INE said on Friday, as costs of many goods and services stagnated amid the growing coronavirus outbreak in the South American nation. The price of transportation, hotels […]
Italy retail sales fall 10.5% m/m in April
Economic Indicators16 hours ago (Jun 05, 2020 03:40PM ET) Italian retail sales fell 10.5% in April from the month before, data showed on Friday, following a 21.3% fall in March. National statistics institute ISTAT marginally revised down March’s data from an originally reported 20.5% drop. Sales fell 26.3% in unadjusted […]
Covid-19 Cases Were Already Rising Before the George Floyd Protests
The easing of stay-at-home orders and Memorial Day travel have led to spikes in some parts of the country. That’s bad news for what comes next.
Covid-19 Cases Were Already Rising Before the George Floyd Protests
The easing of stay-at-home orders and Memorial Day travel have led to spikes in some parts of the country. That’s bad news for what comes next.
Canada ready to spend C$14 billion to get people back to work safely, PM Trudeau says
Economic Indicators18 hours ago (Jun 05, 2020 02:25PM ET) 2/2 (C) Reuters. FILE PHOTO: Repatriation ceremony for the Canadian Forces personnel killed in a military helicopter crash in the Mediterranean, at CFB in Trenton 2/2 By Steve Scherer OTTAWA (Reuters) – Canada is ready to spend C$14 billion ($10.4 billion) […]