Editor’s Picks

US Economy Loses 701K Jobs; Unemployment Rises To 4.4 Pct.

US Economy Loses 701K Jobs; Unemployment Rises To 4.4 Pct.
US Economy Loses 701K Jobs; Unemployment Rises To 4.4 Pct.
April 03, 2020  |  Economy

The nation’s hiring boom that began more than two years ago is over, a casualty of COVID-19, as the number of workers who have lost...

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Airbnb Drops Internal Valuation 16 Pct Amid Pandemic
Airbnb Drops Internal Valuation 16 Pct Amid Pandemic
April 03, 2020  |  Economy

Short-term rental site Airbnb has lowered its internal valuation to $26 billion, a 16 percent drop, as business continue to be hammered by lockdowns, Reuters...

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Mortgage Payment Deferrals Could Cost Non-Bank Lenders $12B Per Month
Mortgage Payment Deferrals Could Cost Non-Bank Lenders $12B Per Month
April 02, 2020  |  Loans

Non-bank lenders are on shaky ground as they face the prospect of mortgage payment forbearance with the ongoing coronavirus pandemic, which could end up costing...

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Facebook Launches Desktop Messenger Video Chat
Facebook Launches Desktop Messenger Video Chat
April 02, 2020  |  Facebook / Meta

The desktop version of popular app Facebook Messenger has arrived on Mac and Windows computers, letting people communicate via video chat during a time when...

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Bed Bath & Beyond Takes 1-800-Flowers To Court To Preserve Sale
Bed Bath & Beyond Takes 1-800-Flowers To Court To Preserve Sale
April 02, 2020  |  Partnerships

Even with the coronavirus’ increasing health and financial crises, Bed Bath & Beyond wants to make sure a deal with 1-800-Flowers still goes through as...

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Gig Workers Unemployment Benefits A Question Mark
Gig Workers Unemployment Benefits A Question Mark
April 02, 2020  |  Gig Economy

Gig economy workers, despite being included in the federal stimulus for economic recovery from the coronavirus, now face uncertainty over how they’ll get any of...

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Minneapolis Fed Chief Calls For ‘Generous’ SMB Funding
Minneapolis Fed Chief Calls For ‘Generous’ SMB Funding
April 02, 2020  |  Economy

The Federal Reserve Bank of Minneapolis President Neel Kashkari said on Thursday (April 2) that policymakers should be generous with the help that is extended...

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Eateries Adding Household Supplies To Carryout, Delivery Orders
Eateries Adding Household Supplies To Carryout, Delivery Orders
April 02, 2020  |  Economy

As restaurant sales continue to plunge by nearly half compared to a year ago as fear of the coronavirus grips the nation, some eateries are...

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