The U.S. labor market went from its strongest levels of our lifetimes to an atrocious job market in record-setting time in 2020. The latest payrolls report for July showed better than expected gains, but some fears are there that this may have been the last or one of the last […]
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Fired Amazon worker leads protest outside Jeff Bezos' $16M NYC apartment
How much is Elon Musk, Jeff Bezos worth? Tesla’s Elon Musk is now the fifth richest person in the world, while Amazon CEO Jeff Bezos added a record $13 billion to his net worth. FOX Business’ Susan Li with more. Ex-Amazon worker Christian Smalls led a protest of the corporation's coronavirus […]
Read moreHow part-time commuters can save money on peak-time rail travel
When offices all reopen there is a good chance that many workers will still spend at least some of their week at a desk at home – whether through choice or because their employers do not have room for everyone to be in at once. But for those who take […]
Read moreTravelling to France from the UK: your rights on refunds and insurance
The UK government has said that travellers from Belgium, Andorra and the Bahamas will face quarantine when they arrive in the UK – and there are concerns that France could be the next country on that list. France is a huge destination for UK holidaymakers and many have breaks lined […]
Read moreAmericans' debt load shrinks most in seven years
Fox Business Flash top headlines for August 4 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. American consumer debt shrank for the first time in six years because of lackluster consumer spending during the COVID-19 pandemic and resulting lockdowns, according to data gathered by the Federal Reserve Bank of […]
Read moreFannie Mae and Freddie Mac Are Ditching LIBOR
Home mortgage giants Fannie Mae and Freddie Mac, as the Federal National Mortgage Association (FNMA) and Federal Home Loan Mortgage Corp. (FHLMC) are commonly called, have announced that they will stop purchasing adjustable-rate mortgages tied to the London Interbank Offered Rate (LIBOR) after 2020. Meanwhile, both Fannie and Freddie indicate […]
Read morePhilippine GDP Falls At Fastest Pace Since 1981
The Philippine economy entered a recession in the second quarter after the gross domestic product contracted at the fastest pace since 1981 as the lockdown to contain the spread of the coronavirus weighed on economic activity causing millions of job losses. Gross domestic product fell 16.5 percent on a yearly […]
Read moreWho needs a will?
Ditch pride, ego and make money: Charles Payne FOX Business’ Charles Payne says not having an open mind in the stock market does more harm than good. Belpointe Asset Management chief market strategist David Nelson later says the industrial sector offers smart investments. The sudden onset of the coronavirus pandemic […]
Read moreEx-Google engineer Anthony Levandowski gets 18 months for stealing trade secrets
A former Google engineer who stole self-driving car technology for Uber was sentenced this week to 18 months in prison, in what a California judge called the “biggest trade secret crime” he’s ever seen. US District Judge William Alsup in San Francisco refused to hand out a shorter sentence Tuesday […]
Read moreDemocrats, White House signal slight progress on coronavirus aid negotiations
US labor secretary: Trump ‘very focused’ on getting more stimulus to Americans U.S. Labor Secretary Eugene Scalia provides insight into the Trump administration’s efforts to get additional stimulus to Americans and ensure U.S. workers are prioritized when bringing workers back. Democratic leaders and White House officials will resume negotiations on […]
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