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This data shows the Great Reopening may have stalled

This data shows the Great Reopening may have stalled

The latest US jobs report is expected to show that America’s labor market continued to bounce back in June as businesses reopened and employees returned to work. But the data won’t reflect cracks in the recovery that have emerged in recent days as the Covid-19 outlook deteriorates. Goldman Sachs estimates that over half of the…MORE

Former Formula One chief Bernie Ecclestone becomes a father at 89

Former Formula One chief Bernie Ecclestone becomes a father at 89

Former Formula One mogul Bernie Ecclestone, 89, and wife Fabiana Flosi, 44, have announced the birth of their son. The baby boy was born on Wednesday and is named Ace, a spokesperson for Ecclestone confirmed to CNN. The new arrival will be the billionaire’s first son, and his first child with Flosi, joining daughters Tamara,…MORE

UK court blocks Maduro’s bid to access $1 billion in Venezuelan gold

UK court blocks Maduro’s bid to access $1 billion in Venezuelan gold

Venezuela’s embattled ruler Nicolás Maduro has been denied access to roughly $1 billion in gold reserves held by the Bank of England after a UK court ruled that the British government has recognized Juan Guaidó as president. Venezuela’s central bank, which is still controlled by Maduro’s government, had sued the Bank of England, seeking access…MORE

What you need to know about coronavirus on Thursday, July 2

What you need to know about coronavirus on Thursday, July 2

Six months into the pandemic, the situation is only getting worse. The World Health Organization said yesterday that the number of new infections has exceeded 160,000 every single day in the past week — double the level seen at the height of the European outbreak in March and April. In the Americas, the situation is…MORE

Coronavirus gives global doctors’ group a new frontier: US nursing homes

As a coordinator and communicator with Medecins Sans Frontieres (Doctors Without Borders), Heather Pagano has worked in Liberia helping communities fight Ebola; with refugees in Nigeria fleeing conflict; and in South Sudan, where violence has forced millions of people out of their homes. She never expected to be working in Detroit. But now Pagano is…MORE

Jeff Bezos is richer than ever

Jeff Bezos is richer than ever

The economy might be a shambles, but Jeff Bezos’ wallet couldn’t tell. He’s now worth nearly $172 billion, a new record for the world’s richest person, according to Bloomberg Billionaire Index. Bezos this week surpassed previous his previous wealth record that he reached prior to his divorce from his ex-wife MacKenzie. Last year, the couple…MORE

America’s job market is starting to recover. But don’t hold your breath

America’s job market is starting to recover. But don’t hold your breath

Economists expect another month of record job growth in America as the economy is getting on its long path to recovery from the pandemic lockdown. Yet the jobs crisis is far from over. Experts polled by Refinitiv predict that three million jobs were added in June, a new record high following May’s addition of 2.5…MORE

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