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Wednesday, June 3, 2020

U.S. new weekly jobless claims seen falling below 2 million

The number of Americans filing for unemployment benefits likely dropped below 2 million last week for the first time since mid-March, but remains astonishingly high as companies adjust to an environment that has been significantly changed by COVID-19.


from Reuters: Business News https://ift.tt/2MqMrZ7

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Musk's xAI buys his social media platform X

The move could be aimed at protecting investors, who helped him buy purchase X, from losing money. from BBC News https://ift.tt/upf7MHS