Hundreds of unemployed Kentucky residents wait in long lines in Frankfort for help with their unemployment claims on June 19. John Sommers II/Getty Images Senate Republicans have so far resisted extending the $600/week assistance program because they believe the amount is too generous and creates a disincentive for unemployed Americans to return to work. But […]
Advanced Micro Devices Inc. shares headed toward record highs in after-hours trading Tuesday after the chip company reported second-quarter earnings that beat expectations and increased its full-year forecast despite the COVID-19 pandemic. AMD AMD, -1.97% announced that it now expects 2020 revenue to grow about 32% from 2019, which would equal annual sales of roughly […]
L Brands Inc. said it plans to lay off about 850 corporate employees, or about 15% of the jobs at its home office, the latest restructuring at the embattled retail company. The company, which owns the Victoria’s Secret and Bath & Body Works chains, said it would save about $400 million a year from the […]
Authorities said a woman was killed Monday by a great white shark in Maine, a state that researchers say has recorded only one confirmed unprovoked attack in nearly 200 years. The Maine Marine Patrol said in a statement that the woman was attacked while swimming near Bailey Island, northeast of Portland. She was identified Tuesday […]
Senate Majority Leader Mitch McConnell said Monday the next round of stimulus would include another round of direct payments to help American families. Source: Getty Images Democrats and Republicans disagree on many points when it comes to what the next stimulus package should include — but a second round of checks to struggling Americans isn’t […]
Senate Majority Leader Mitch McConnell speaks on Capitol Hill on July 21. AFP via Getty Images Senate Majority Leader Mitch McConnell said Monday that Republicans were unveiling their long-awaited opening gambit for the next round of coronavirus aid, as Democrats remained wary. “Just like in March with the CARES Act, Senate Republicans have authored another […]
People — and investors — can become very emotional as a presidential election heats up, and this time around, feelings are obviously running high. According to the polls, President Trump is likely to be shown the door and Joe Biden will have his party control both houses of Congress. Does this excite you? Does it […]
What happens when a stock joins a benchmark index? It isn’t just an academic question. Shares of Tesla Inc. TSLA, +8.65% have surged in recent weeks as observers speculated about whether a fourth straight quarterly profit would put the electric-vehicle maker on track to be added to the S&P 500 SPX, +0.74%. But being added […]
A video posted on social media showed teenagers wreaking havoc at the Putt-Putt Fun Center in Memphis after being told that the center was closing because of COVID-19 restrictions but wouldn’t issue refunds. Screenshot of Video Tree/YouTube Chaos erupted on Saturday at the Putt-Putt Fun Center in Memphis, Tennessee. Between 300 and 400 teenagers gathered […]