Another 1.34 million Americans expected to have filed for unemployment benefits

More than three months into the COVID-19 crisis in the U.S., countless Americans are still unemployed. Thursday’s release of the weekly initial jobless claims data could show another week of claims exceeding 1 million. Economist surveyed by Bloomberg predict another 1.335 million Americans filed for unemployment benefits in the week ending June 30, following 1.51 […]

Nike commits $40 million to support the black community

Sportswear giant Nike (NKE), in conjunction with its Jordan and Converse brands, announced it will commit $40 million to support the black community over the next four years. The funds will be targeted for supporting and investing in groups and organizations that put...