Jun 9, 2020
Billionaire bond investor Jeffrey Gundlach, the CEO of $135 billion DoubleLine Capital, sees the potential for a “wave of more higher-end unemployment’ hitting white-collar workers making more than $100,000 per year as employers increasingly question the value these employees bring. In 11 weeks, more than 42 million Americans filed for unemployment insurance as the COVID-19 pandemic […]
May 21, 2020
Health insurance premium rates are starting to come in for 2021, giving people an idea for what insurance may cost for the first time since the coronavirus crisis began. But not much more than an idea. The first rates proposed and released to the public — from...
May 19, 2020
When we asked Yahoo Finance readers earlier this month what questions they have about the coronavirus recession, two came up repeatedly: Why are stocks going up when the economic news is so bad? And when will this mess be over? Nobody can interpret the stock market...
May 18, 2020
The partial reopening of the U.S. economy amid the coronavirus outbreak includes automaker Ford (F), which on Monday began operation of factories with new safety measures like socially distanced workstations and temperature screenings. But a forthcoming protection may...
May 11, 2020
Hilton’s top two executives have been lobbying the U.S. government hard for some form of liquidity relief for the small business owners that typically pay for the right to operate the company’s hotels in the U.S. One of those Hilton executives — CFO Kevin Jacobs —...
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