U.S. COVID loans saved 51 million jobs, gave billions to the rich
[NFA] Data on the small business Paycheck Protection Program (PPP) seemed to confirm worries among Democrats and watchdog groups that in addition to mom-and-pop shops, the funds went to well-heeled and politically-connected companies.
The number of Americans who signed up for first-time jobless benefits remained stuck above 1 million for the 20th straight week, in the clearest signal yet of a stalled economic rebound. Conway G. Gittens dives into the numbers.
Nick Cordero died Sunday after a grueling battle with the Coronavirus, Kanye West's Yeezy received more than $2 million through the Paycheck Protection Program and Brad Pitt will lead Sony action thriller 'Bullet Train' from David Leitch.
Credit: The Hollywood Reporter Duration: 01:51Published
Unemployment claims dipped last week to 1.5 million but remained historically high. As Fred Katayama reports, a second wave of layoffs amid weak demand and fractured supply chains is keeping new U.S. applications for unemployment benefits elevated.