Stocks are expensive and the economy is terrible See full story.
‘The biggest payroll surprise in history’ — economists react to May jobs report
Here are some initial reactions from analysts and economists to the surprising May jobs report, which shows the U.S. economy added 2.5 million jobs last month, with the unemployment rate declining to 13.3% from 14.7% See full story.
Companies are speaking out against racial injustice after the killing of George Floyd, but they have to back it up with action
Many companies have made statements in support of racial equality, but experts and activists say they must also take action in their communities. See full story.
Working for yourself? Open your eyes to this great deal from the IRS
Solo 401(k)s and SEP-IRAs are freebies for self-employed savers See full story.
Coronavirus update: Case and death tolls keep rising, but shock increase in U.S. jobs suggesting the worst may be over, for now
While the number of confirmed cases that causes COVID-19 and death tolls keep rising, a “shock” increase in jobs and drop in unemployment in the U.S. in May add to signs suggesting the worst of the pandemic is over as the easing of lockdown measures continues nationwide. See full story.
Also, a great deal from the IRS, and an in-depth look at Tesla’s battle to reopen its Fremont, Calif. factory. See full story.
Published at Sun, 07 Jun 2020 13:00:09 +0000-NewsWatch: ‘You should be nervous!’—legendary money manager slashes stock market exposure from 55% to 25%