Getty Images There are signs that the U.S. is rebounding from the havoc wreaked by the coronavirus pandemic. In June, the country added 850,000 jobs, more than expected, and is now 7.13 million below the February 2020 level. The Congressional Budget Office said Thursday that the economy is on track to recover all jobs lost
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In this article @LCO.1 @CL.1 Oil pumping jacks, also known as “nodding donkeys”, operate in an oilfield near Almetyevsk, Tatarstan, Russia, on Wednesday, March 11, 2020. Andrey Rudakov | Bloomberg | Getty Images Oil jumped to its highest level in nearly three years on Monday after talks between OPEC and its oil-producing allies were postponed
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 30, 2021. Brendan McDermid | Reuters Stock futures were flat in overnight trading on Monday as Wall Street gets set to kick off the holiday-shortened week with the S&P 500 at a record high. Futures on
For two decades, New York Yankee star C.C. Sabathia was one of the best pitchers in Major League Baseball, until the six-time All-Star and 2009 World Series Champion retired in 2019. But today, Sabathia, 40, says he’s in the best mental and physical shape of his life — better than he ever was as a
Shoppers in San Francisco. David Paul Morris | Bloomberg | Getty Images Covid-19 vaccinations are increasing, states are dropping their pandemic restrictions and Americans are feeling good about going out and spending after a year and a half spent mostly inside. “We are now coming out of a cave, basically, and there’s a lot of
File photo of white water amusement park ride. Barry Winiker | The Image Bank Unreleased | Getty Images One person is dead and three were injured on a ride at an amusement park in Iowa. The incident occurred on the evening of Sat., July 3, when a raft with six people flipped over on the
NEWPORT, WALES, UNITED KINGDOM – 2021/01/09: A shopper seen pushing her groceries outside Morrisons supermarket in Wales. May James/SOPA Images/LightRocket via Getty Image WM Morrison, Britain’s fourth-largest supermarket chain, could be about to become the target of an international bidding war. Apollo Global Management announced Monday it was mulling a rival bid for the retailer
Monday marks Jeff Bezos’ final day as the CEO of Amazon, the company he launched in 1994 as an online bookseller that is now an ecommerce behemoth anworth $1.7 trillion — the company that has made him the richest person in the world with a nearly $200 billion fortune. Over Bezos’ roughly 27 years as
Allen Weisselberg, center, chief financial officer of Trump Organization, exits from criminal court in New York on July 1, 2021. David Dee Delgado | Bloomberg | Getty Images The Trump Organization and its chief financial officer, Allen Weisselberg, pleaded not guilty to tax crimes on Thursday. Experts say the illegal practices the government alleges occurred
All countries covered in today’s map levy Value-Added Taxes (VAT). However, to reduce compliance and administrative costs, most countries have VAT exemption thresholds: If a business is below a certain annual revenue threshold, it is not required to participate in the VAT system. This means that small businesses—unlike businesses above that threshold—do not collect VAT
A person exercises at the Sydney Opera House during a foggy start to the day on June 30, 2021 in Sydney Australia. Lockdown restrictions continue as NSW health authorities work to contain a growing Covid-19 cluster. Brook Mitchell | Getty Images News | Getty Images A recent spike in Covid cases has Australian authorities scrambling
A customer eyes the beverage section in a supermarket on June 9, 2021 in Handan, Hebei province. Li Hao | Visual China Group | Getty Images BEIJING — Chinese consumers spent less on daily necessities from foreign brands last year during the coronavirus pandemic, while those in smaller cities were more willing to spend than
’Tis the season to crack open a cold one, and as the country is reopening, doing so at a cookout or a baseball game is back on the schedule. In the midst of summer’s usual uptick in beer sales, take a minute to discover how much of your cash is actually going toward the cost
Search and rescue personnel work at the site of a collapsed Florida condominium complex in Surfside, Miami, U.S., in this handout image July 2, 2021. MIAMI DADE FIRE DEPARTMENT | via REUTERS The demolition of the partially collapsed condominium tower in Surfside, Florida will begin Sunday night, according to Miami-Dade police. Police said the demolition
The age at which you claim Social Security helps determine how big your monthly retirement benefit checks will be for life. If you wait until your full retirement age — generally 66 or 67 — to claim, you will get 100% of what you earned based on your contributions to the program. And if you
In this article BBBY Bed Bath and Beyond may be beyond reach. Though the retailer got a rare buy rating this week from B. Riley, which initiated the name with a $44 price target and an optimistic case for its new management and cost-cutting strategies, the stock doesn’t look particularly appealing at its current levels,
Jeffrey Coolidge | Getty Images Rising inflation is a concern for Kevin Linehan, 68, a retiree in Fitchburg, Massachusetts. After a heart attack at age 44, Linehan left his career with the Postal Service early, opting for reduced disability retirement income. “It wasn’t the best financial thing to do,” he said. “But at the time,
A store advertises for employees, after coronavirus disease (COVID-19) restrictions were lifted, in Santa Monica, California, June 22, 2021. Lucy Nicholson | Reuters Small businesses across the country are struggling to keep employees and attract new staff in a tight labor market which has given workers the upper hand. The latest nonfarm payroll report on
Search and rescue personnel work at the site of a collapsed Florida condominium complex in Surfside, Miami, U.S., in this handout image July 2, 2021. MIAMI DADE FIRE DEPARTMENT | via REUTERS Authorities in Florida have accelerated plans to demolish a partially collapsed 12-story condominium building in Surfside, amid concerns that winds from Tropical Storm