Maintaining Business Relations

In almost every profession – whether it’s law or journalism, finance or medicine or academics or running a small business – people rely on confidential communications to do their work. We rely on the space of trust given confidentiality. When someone breaks that trust, we are all worse off.

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Business Ideas Article

The extreme impacts from the lockdown economy: Morning Brief

The extreme impacts from the lockdown economy: Morning Brief

Monday, June 1, 2020

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Employment down, savings up, and an uncertain summer for the U.S. economy

June is here.

And as summer has arrives across the country, so too does something resembling a resumption of economic activity.

We’ve noted recently that economic data has stopped getting worse, building the case that the most severe impacts of the lockdown-related economic stoppage are behind us.

But this still leaves the economy a long way from healed.

As Bank of America outlined in a note last month, the current recovery is likely to play out in three phases: lockdown, transition, recovery. We are now in the transition phase. But what this phase might look like continues to be informed by some of the jarring data coming out of the economy’s March-April lockdown phase.

What we

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Stock futures fall as nation grapples with protests

Stock futures fall as nation grapples with protests

Stock futures opened lower Sunday evening, dropping against a backdrop of protracted protests in some of the nation’s largest cities, many of which had already been struggling to reopen amid the coronavirus outbreak.The protests centered on constituents’ outrage over...

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Wall St. pro says the current rally reminds him of March 2009

As the S&P 500 (^GSPC) hovers around 40% from its March 23rd low, one veteran strategist sees similarities with the massive rebound that took place when the markets were emerging from the financial crisis 11 years ago.“When we look at this week, we’re reminded...

Slack earnings beat, adds 12,000 net new paid customers in fiscal Q1

When great may just not be great enough.Shares of Slack Technologies fell 13% initially in after-hours trading after the workplace productivity company posted first quarter results. To say expectations in the lead-up to the earnings report were sky-high may be an...

Job Advertisements Continue Slide During May

Demand for US jobs among Russell 3000 companies continued to slip as job advertisements during May fell 18.7% compared to April as companies face continued uncertainty due to the COVID-19 pandemic. Hiring demand has fallen especially among higher paying...

HHS moves to boost coronavirus case tracking; AstraZeneca expands vaccine deals

The U.S. Health and Human Services department released new guidelines on Thursday to improve tracking of positive coronavirus cases in the country — with a focus on identifying inequities and directing resources as more states relax their lockdowns.Testing for...

‘Summer is going to be a good period for the housing market’: economist

The coronavirus pandemic all but halted U.S. home sales during widespread lockdowns, but new metrics confirm that home sales is making a comeback.The housing market likely hit bottom in mid-April and is poised to have a shortened but strong sales season this summer,...