The latest week’s initial unemployment claims figures came out today. And they show claims have plummeted from their highest levels three weeks ago. I take this as a signal that the second wave of viral infections is not leading to a second large wave of layoffs. The seasonally-adjusted initial claims figure came in at 1.186 […]
Here are today’s biggest headlines, including updates on the Fed’s extension of its lending programs, Kodak’s $765M loan, and Boaz Weinstein’s really, really, really good year.
Here are today’s biggest headlines, including updates on Twitter’s massive hack, California Resources’ bankruptcy, and the 30-year mortgage rate reaching a record low.
Here are today’s biggest headlines, including updates on Disney World’s re-opening, Goldman Sachs’ surprise earnings release, and the dire warning from the Godfather of the “Altman Z-Score”
What the hell is going on? While U.S. equities continue to appear calm and stable, a look at the U.S. credit markets reveal that chaos is still roiling beneath the surface.