Walmart delivers new bonus pay, lifting total to $2.8B for 2020
The company first sent out $319 million in quarterly bonuses which were added to associates’ Nov. 25 paychecks "following strong third-quarter business performance."
Another 712,000 Americans filed for unemployment benefits last week
The number of Americans applying for state unemployment benefits remained elevated last week, as a surge in coronavirus cases and colder weather continue to threaten the labor market's recovery from the pandemic.
November bankruptcies hit 14-year low with steep drop in personal filings
November bankruptcy filings in the U.S. hit a 14-year low, driven by a decline in individuals filing for protection from creditors as they continue to enjoy the benefits of eviction moratoriums and other government assistance stemming from the coronavirus pandemic.
Stock futures trade cautiously ahead of jobless claims report
The S&P 500 index hit an all-time high Wednesday for a second straight record close
Florida Gov. DeSantis says Disney layoffs mainly hit California, though thousands of Orlando staff lost jobs
Even with some parks operating, the "limited capacity due to physical distancing requirements" and the uncertainty of the duration of the pandemic, forced the company to reduce its workforce.
Biden shutting down oil industry would be 'disgrace': Former Shell Oil president
John Hofmeister on Biden, oil industry
Fed's Beige Book: Coronavirus uptick hits regional economic activity
Lockdowns are hitting regional economies.
California improperly approved $400M in unemployment benefits for prisoners
California improperly paid at least $400 million in unemployment claims to prisoners in local, state and federal institutions.
Walmart cutting over 1,200 jobs as it streamlines US operations
Like its competitors, Walmart has been shifting operations to cater to the crush of online shoppers.
Reynolds Kitchens hiring a 'cookie connoisseur' for $5G: 'A sweet job in a tough year'
Bake your way to big bucks.
What to expect from markets in 2021
Brian Wesbury on 2021 markets
Kudlow: Economy is strong 'across the board'
Larry Kudlow on job report, economy
Kudlow: $600 billion will be repurposed to key areas impacted by coronavirus
Larry Kudlow on stimulus deal, section 230
Economic recovery is' slowing', targeted stimulus is 'critical': El-Erian
Mohamed El-Erian on employment report, stimulus
Private-sector job growth slows in November amid coronavirus surge, ADP says
The ADP National Employment Report revealed how many jobs private U.S. employers added in November amid a surge in COVID-19 cases.
Stock futures pause following record start to month
Traders will digest the first of this week's employment-related reports with the ADP report on private sector jobs
Boston's small businesses hit hard by pandemic
The number of small businesses open in Boston has decreased by 44 percent since the start of the year
Men's Wearhouse parent emerges from bankruptcy protection
The company in July announced plans to cut its workforce by 20% and shut as many as 500 stores
Women entrepreneurs have it best in these metro areas: report
On Tuesday, SmartAsset published a report that found the best metro areas for women entrepreneurs this year.
Problem Solvers Caucus proposed bill addresses needs of businesses, schools: Rep. Meuser
Rep. Dan Meuser on coronavirus relief package