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US payrolls plunge 701000 in March amid the start of a job market collapse Nonfarm payrolls in March fell by 701,000 and the unemployment rate rose to 4.4%. The numbers just begin to capture the beginning of the job market collapse brought up by efforts to contain the coronavirus. This was the first decline in payroll growth since ...
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OPEC+ Meeting Delayed as Saudi Arabia and Russia Row Over Price Collapse DUBAI/MOSCOW — OPEC and Russia have postponed a meeting planned for Monday until later next week, OPEC sources said on Saturday, as a row intensified between Moscow and Saudi Arabia over who is to blame for plunging oil prices. The meeting's ...
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New guidance on SBA loans means most startups are still excluded from $349 billion stimulus Under new guidance issued by the Small Business Administration it seems non-profits and faith-based groups can apply for the Paycheck Protection Program loans designed to keep small business afloat during the COVID-19 epidemic, but most ...
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US Seeks to Ease Small Business Loan Process, but Startups Fear Being Shut Out The Treasury Department issued new guidance aimed at expanding access to the emergency small-business lending program, but some in Silicon Valley say it falls short of ensuring startups will be able to get aid. Federal regulations can make it harder for ...
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The Battle Between Amazon And Instacart Against Their Workers Is The Beginning Of The End Of The War For Talent For the last 10 years, the war for talent steadily escalated. Companies, desperately in need of help, had to cater to job seekers. The corporations, with growing businesses, found themselves with significantly more open roles than people available to fill them.
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3 Warren Buffett Stocks to Buy in April Warren Buffett has built his reputation over the years by succeeding with investments in a variety of industries. However, the specter of the coronavirus pandemic has cast a somewhat dark cloud over Berkshire Hathaway's (NYSE:BRK.A) (NYSE:BRK.B) stock ...
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Cash Crunch Pits Airlines Against Customers in Refund Disputes The fight to survive the Covid-19 crisis is pitting airlines across the globe against their grounded customers. Regulations in the U.S. and Europe generally call for carriers to offer passengers a refund if a flight is canceled, with exceptions for circumstances like ...
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OPEC-Russia meeting delayed until April 9 amid turmoil in energy markets London/New York (CNN Business) OPEC and Russia have postponed a meeting set for Monday to discuss supply cuts and ending a brutal price war. The meeting is now scheduled for April 9, an OPEC source told CNN on Saturday. The meeting, which was ...
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Small Business Owners Frustrated With Troubled Paycheck Protection Program Launch The recently passed the Coronavirus Aid, Relief and Economic Security (CARES) Act included a potential lifeline for small businesses, a $349 billion loan program called the Paycheck Protection Program (PPP). The PPP Loan is designed to help small ...
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Trump threatens tariffs on oil imports to 'protect' US energy workers WASHINGTON (Reuters) - U.S. President Donald Trump said on Saturday he would impose tariffs on crude imports if he has to "protect" U.S. energy workers from the oil price crash that has been exacerbated by a war between Russia and Saudi Arabia over ...
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