May 27, 2020
COVID-19’s impact on the U.S. labor market will be in focus when the U.S. Labor Department releases weekly initial jobless claims data Thursday morning. Another 2.1 million Americans are expected to have filed for unemployment benefits in the week ending May 23, according to economists surveyed by Bloomberg. In the prior week, 2.438 million initial […]
May 23, 2020
It’s a given that widespread coronavirus lockdowns are costing cities and states billions in tax revenues, but experts say that areas that rely heavily on nonresident workers to balloon their coffers are particularly vulnerable to growing fiscal stress. For key states...
May 20, 2020
Even as an increasing number of states have begun reopening their economies across the country, the COVID-19 pandemic is largely expected to have continued to wreak havoc on employment in the U.S. last week. Economists estimate that an additional 2.4 million Americans...
May 19, 2020
New numbers from the Penn Wharton Budget Model show that reopening states could cause positive coronavirus case numbers to tick as high as 5.4 million by July 24. The model explores various scenarios under which states reopen, include continuing lockdowns, and a...
May 16, 2020
The film version of Broadway’s smash hit “Hamilton” is heading exclusively to Disney+ (DIS) — for one hefty price tag. The platform’s parent company reportedly paid $75 million for the global rights to the Tony-award winning musical, as streamers scramble for content...
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