US Business

Millions of people have worked from home in the last decade. But in the wake of the closures of Covid-19, it is expected that these numbers will jump exponentially. And the consequences will be felt in some important ways. Four major shifts under way Before the coronavirus pandemic, about 7 percent of American workers had the opportunity to work from …

Our mission to help you navigate the new standard is run by subscribers. To get unlimited access to our journalism, you can subscribe today. It is possible to manage your money without a bank account. But it can present challenges – and the COVID-19 pandemic has only added more. Your financial impact payment may have come weeks or months after …

Infinera Corporation (NASDAQ: INFN) Q2 2020 Earnings Conference 5 August 2020 17:00 ET Corporate Participants Michael Bowen – CEO ICR Tom Fallon – CEO [19659004] Nancy Erba – CFO David Heard – Chief Operating Officer Conference Call Participants Alex Henderson – Needham Bala Reddy – Goldman Sachs Meta Marshall – Morgan Stanley George Notter – Jefferies Jim Suva – Citi …

KEY POINTS Younger investors prefer technological stocks and cryptocurrencies such as Bitcoin Older investors sell stocks and buy bonds and gold The correlation between Bitcoin and gold has increased, which contributes to the investor's perception that both are a place of refuge [19659005] Investment in retail varies depending on the age of the investor, shows a study by the finance …

Twitter froze the report on the Trump campaign on Wednesday for violating its misinformation rules after posting a video in which the US president said that children were "almost immune" to coronavirus. The breakdown came just hours after Facebook removed the same post from Donald Trump's personal account on the platform. Twitter said on Wednesday that the tweet from the …

Lenders for J. C. Penney want bidders to raise their bids when fighting for the bankrupt retailer, according to a Bloomberg report. The bids under consideration are not close enough to the $ 2.2 billion debt that lenders have since Penney filed for bankruptcy in May, according to the report. It quoted people who were familiar with the case, who …

Progressive politicians love to wish the US economy could be more like Sweden's. After Wednesday's financial data release there, we share the dream, albeit for different reasons. The Nordic country saw a decline of 8.6% in GDP from April to June, which sounds bad until you remember that the eurozone increased 12.1% in the same range with some European countries …

A possible distraction? Closure of the Chinese consulate in Houston, which resulted in the Chinese shutting down the US consulate in Chengdu. And for a sliver of Trump's base – Vietnamese Americans, many of whom have anti-Chinese sentiments – the escalation of tensions with the Chinese was exactly what they had to look for. Vietnamese Americans, especially those over the …

WASHINGTON – Top Democrats and White House officials on Wednesday remained nowhere near an agreement on a new rescue package to address the coronavirus's tariffs on the economy, growing increasingly pessimistic that they could meet a self-imposed Friday deadline that President Trump again threatened with acting on their own to provide relief. Even as they promised to continue the talks, …

Google did something unexpected on Monday – that is, if it is possible to be both overdue and unexpected at the same time. The company released its new Pixel 4A low-cost smartphone. To be precise, it actually released three new phones – Pixel 4A, Pixel 5 and Pixel 4A 5G. We will ignore the last two for now, as they …