Kevin Hassett: Unemployment will be highest in June

New York (CNN Business)Unemployment rates in 43 states set record highs last month as the coronavirus pandemic forced nonessential businesses to close across the nation, according to federal data released Friday. Rates rose in every state and the District of Columbia, compared to March, according to the Bureau of Labor […]

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Kevin Hassett predicts coronavirus job losses will peak in June

Trump to unveil new coronavirus stimulus plan ‘shortly’: White House economic adviser White House economic adviser Kevin Hassett discusses his outlook for the economy amid the coronavirus pandemic. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below White House adviser […]

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Kevin Hassett warns unemployment could hit 20% by June

New York (CNN Business)The White House is telling Americans to brace for a period of Great Depression-level unemployment this summer. Kevin Hassett, a senior economic adviser to President Donald Trump, warned Tuesday that the jobless rate in the United States could spike to between 16% and 20% by June. That […]

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Kevin Durant’s former California home for sale at $6M

Real estate after coronavirus will ‘bounce back very quickly’: NAHB CEO NAHB CEO Jerry Howard discusses how the coronavirus is impacting the real estate market. A luxurious Oakland, Calif., home where NBA star Kevin Durant once lived is available for $5.99 million. Continue Reading Below Durant, who was sitting out […]

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