Unemployment in families reached nearly 10% in 2020
ccording to the Bureau of Labor Statistics, nearly 10% of American families struggled with unemployment last year–double the number from 2019 when…
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Goldman Sachs employs just 49 Black people in top US jobs
Goldman Sachs has just 49 Black executives and senior managers in its US workforce, accounting for about 3% of the total. In a sustainability report…
Continue ReadingThe parent company of Old Country Buffet filed for bankruptcy
Fresh Acquisitions, the parent company of a restaurant chain that owns several buffet-style concepts, including Old Country Buffet, filed for…
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Bitcoin tries to rebound after dramatic weekend selloff
It has been a turbulent week for Bitcoin — and it’s only Monday. After the cryptocurrency suffered a flash crash on Saturday — plummeting some…
Continue ReadingMcDonald’s new BTS meal is coming, featuring flavors you weren’t able to get in the US
McDonald’s is partnering with BTS, the massively popular Korean pop band, for its next celebrity meal — and this time it’s going…
Continue ReadingGameStop CEO George Sherman is stepping down, sending the stock soaring
over for GameStop CEO George Sherman. The video game retailer and meme stock announced Monday that Sherman will be stepping down on July 31 — or…
Continue ReadingDollar General will hire 20,000 workers
Dollar General plans to hire 20,000 workers this spring as the discount chain continues its expansion during the…
Continue ReadingDow slips, but S&P 500 notches record, as US urges pause on J&J vaccine
Wall Street has been riding high as America’s vaccination program exceeded expectations, lifting prospects of a speedy economic recovery. But a…
Continue ReadingAlessandra Galloni to lead Reuters News
One of the world’s oldest and most prestigious newsrooms will be led by a female editor for the first time. Alessandra Galloni will be the next…
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IBM spinoff joins a long list of questionable corporate names
There’s a new member in the pantheon of the worst-named companies in history. Introducing…
Continue ReadingBJ’s Wholesale Club CEO dies unexpectedly at 49
Lee Delaney, CEO of BJ’s Wholesale Club, died unexpectedly on Thursday. He was 49. The warehouse chain shared the news in a release on Friday,…
Continue ReadingUS services sector booms to record high in March
Spring has arrived, and America’s services sector is positively booming. As some pandemic restrictions are relaxed and vaccines are put in more…
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