As many as 31% of workers who were initially added back to payrolls after COVID-19 layoffs have been laid off again, a study from Cornell University showed.In addition, another 26% that have returned to work have been told by employers that they're at risk of another layoff or furlough, according to the study. That's "a remarkably…
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Jacob Eliot; Michael Kovac/Getty WeWork cofounder Adam Neumann's San Francisco Bay Area home has officially hit the market for $27.5 million, Mansion Global reported.The 10-acre compound includes a 10,000-square-foot main house, a separate guest house, a swimming pool, a greenhouse, gardens, a chicken coop, and solar and geothermal systems.Neumann and his wife, Rebekah, have been…
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Senate Majority Leader Mitch McConnell said on Tuesday he could support an extension of the $600 unemployment benefit — if Trump supports it.At a weekly GOP press conference, McConnell said he could back a negotiated stimulus package containing the federal benefit."We know this is going to be a negotiated settlement... but the American people in…
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Gold closed at its highest level ever on Monday as investors flock to the safe haven asset in times of huge uncertainty for markets. Gold remains sensitive to both negative and positive news as the dollar has been waning and investors take stock of rising coronavirus cases, US-China tensions, and fears for the dollar. This…
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Moderna on Sunday announced it received a commitment of up to $472 million in additional funding from its contract with the Biomedical Advanced Research and Development Authority. The company on Monday announced that the Phase 3 trial for its COVID-19 vaccine had started dosing participants. Shares of Moderna surged as much as 11% in premarket…