Manhattan rents plummet 10% after coronavirus exodus
Manhattan apartment rents plunged last month by the most in almost nine years.
Coronavirus could push US bankruptcies to worst levels in 10 years
The coronavirus pandemic has pushed U.S. companies to go bankrupt at a rate that could make 2020 the worst year for bankruptcies since 2010 during the fallout of the Great Recession, according to a new report from S&P Global.
White House says majority of coronavirus job losses will be temporary
The majority of the jobs lost as a result of the coronavirus pandemic were likely temporary, the Trump administration estimated.
Carl Icahn leaves NYC, relocates business to Florida
Icahn left New York City to become the first tenant in the new Milton Tower, located in Sunny Isles Beach, after entering into a lease agreement for the 23,463-square-foot office space, Milton Tower confirmed to FOX Business
What new jobless claims number means for 2020
The initial claims drop is just the latest in a series of very encouraging economic data over the last three months.
EU brushes off unchanged US tariffs on Airbus in hopes of resolving 16-year trade dispute
The European Union said Thursday that the Trump administration’s decision to maintain 15% tariffs on Airbus aircraft and 25% tariffs on other European goods did not worsen the now 16-year long trade dispute with Boeing, as both sides seek to put on end to over a decade of political grandstanding.
Bankrupt airline in Alaska seeks bonus for its chief executive
The rural airline wants to award $250,000 in bonus money to its chief executive and other employees.
REI to sell brand-new headquarters outside Seattle, embrace 'new normal' of remote work
Outdoor retailer REI may have just completed a new corporate campus just outside of Seattle, but the company now plans to sell the facility before it even moves in.
White House official says permanent payroll tax cut not on the table, despite Trump comments
A high-level White House official told Fox News there have been no discussions about abolishing the payroll tax.
Fisher-Price's new pandemic-inspired playsets allow kids to mimic their parents' new realities
It’s never too early to prepare kids for the stark reality of pandemic living.
Trump: 'I view China differently' since coronavirus
U.S.-China tensions were high before the pandemic as the two countries took part in a years-long trade war and finally started eyeing a bilateral deal before COVID-19 spread from Wuhan to the U.S.
Fatburger owner to acquire Johnny Rockets
Fat Brands CEO Andy Wiederhorn said the deal for Johnny Rockets reflects his expectation that customers will come back to casual-dining chains after the pandemic subsides.
Trump rips Dems for holding up coronavirus stimulus deal with demand for post office aid
Trump blamed the Postal Service and money for mail-in voting as a primary reason behind the deadlocked coronavirus relief negotiations.
Number of Americans filing for unemployment falls below 1M for first time since pandemic started
Economists surveyed by Refinitiv expected 1.12 million new claims.
Second stimulus checks may not go out until September as relief talks drag on
Both political parties broadly support a fresh round of $1,200 stimulus payments, but there are several key outstanding issues on a deal, including the price tag.
Stock futures trade cautiously ahead of jobless claims
The Labor Department is expected to say the number of claims for unemployment benefits declined for a second straight week to 1.12 million
Fed's Daly says loss of enhanced unemployment benefits creates a 'hole' in spending
Daly said recent economic data suggests consumers are already starting to pull back on activities as their benefits shrinks and coronavirus infections rise
Local Florida officials become latest to create Eviction Diversion Program to help renters
The Orange County Board of County Commissioners has unanimously approved the Orange County COVID-19 Eviction Diversion Program, an income-based assistance program that will provide tenants unable to pay their rent with up to $4,000 in relief.
Coronavirus cruise suspensions to hurt Spain’s port cities: report
The voluntary no sail cruise extension that has been agreed upon by members of the Cruise Lines International Association is likely to hurt the port city of Málaga in Costa del Sol, Spain
Trump plans to terminate payroll tax but will protect Social Security
President Trump on Wednesday touted his plan to implement a payroll tax deferral, a levy he plans to eliminate entirely if re-elected, but promises Social Security will not be negatively affected.



















