Crawley likely to be worst affected by UK coronavirus job losses

Crawley has been identified as the place in Britain at highest risk of widespread job losses amid the coronavirus crisis, according to a report warning that the economic damage will fall unevenly across the country. More than half of all jobs in the West Sussex town are at risk of being furloughed or lost, according to the Centre for Cities […]

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Panel to Oversee Virus Relief Spending Still Has Only One Member

House Speaker Nancy Pelosi promises that a five-member oversight commission to police a major part of the massive federal coronavirus relief spending “will be in place,” but after two weeks just one member has been appointed. The reasons for delay in choosing the chairman and three members aren’t clear. The deadline is less than a month away for the first […]

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New York to Begin Antibody Testing for Essential Workers

Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis. New York State took an initial step on the long road back to normal life and began laying foundations for how the process will work, introducing an antibody test to identify medical personnel and […]

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Asian Markets Mostly Higher

Asian stock markets are mostly higher on Thursday following the overnight rally on Wall Street amid optimism that coronavirus infections around the world are nearing a peak and on expectations of more stimulus measures by governments. Investors now look ahead to the release of the U.S. weekly jobless claims report later in the day, with the report expected to shed […]

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New York Manufacturing Activity Contracts At Record Pace In April

New York manufacturing activity contracted at the fastest rate on record in the month of April, according to a report released by the Federal Reserve Bank of New York on Wednesday. The New York Fed said its general business conditions index plummeted to a negative 78.2 in April from a negative 21.5 in March, with a negative reading indicating a […]

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Apple launches cheaper iPhone with smaller screen, home button

Mark Cuban: We can create ‘better, smarter’ America 2.0 Dallas Mavericks owner Mark Cuban on reopening the economy amid the coronavirus and discusses the possibility of a presidential run. There's a brand new iPhone — and by "brand new" I mean an iPhone that looks like an old iPhone with the name of an even older iPhone. Continue Reading Below […]

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Small-business aid program set to run out of money later today

Small business funds vanishing quickly The Payroll Protection Program is running out of cash. FOX Business’ Edward Lawrence with more. WASHINGTON — A small-business loan program at the center of a standoff between congressional Democrats and Republicans aligned with the White House is expected to run out of money later Wednesday, according to a person familiar with the fund. Continue […]

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Mark Cuban on coronavirus economic advisory role: I'm all in

Mark Cuban: We can create ‘better, smarter’ America 2.0 Dallas Mavericks owner Mark Cuban on reopening the economy amid the coronavirus and discusses the possibility of a presidential run. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below Billionaire Mark Cuban said Wednesday that he is fully committed to helping […]

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Disney+ Surpasses 50 Million Subscribers In Five Months

Walt Disney Co.’s streaming service Disney+ now has 50 million paid subscribers globally, with the company achieving the milestone within five months after its U.S. launch. The new milestone was reached as millions of people, who are stuck at home around the world due to lockdowns related to the coronavirus pandemic, are spending more time online. The company last year […]

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