"If the current rate of decline continues, claims will dip below 1M in the second or—more likely—third week of June," said economist Ian Shepherdson.
Before the coronavirus, luxury conglomerate LVMH was posting record-breaking revenues and sending Bernard Arnault's net worth soaring.
New research from the anonymous social media network Blind shows job concerns among employees at tech companies jumped 33% in a month.
The surge in claims "should push the unemployment rate up to 17% in the April data, a new post-World War II high," wrote Brett Ryan of Deutsche Bank.
Here's the latest news about the coronavirus pandemic outbreak around the world and COVID-19, the disease it causes.
Here's the latest news about the coronavirus pandemic outbreak around the world and COVID-19, the disease it causes.
It could take five generations for a poor family in the US to work their way up to an average income.
Investors bet the most money on clean energy last year since 2010. These are the 10 most active investors, according to BloombergNEF.
Technology is changing the lives of financial advisers and their clients. Here are 7 people who are helping lead the disruption.
Virtual and augmented reality could give us new ways to picture investments and risk. Human jobs giving financial advice will change as basic functions are automated away.
Virtual and augmented reality could give us new ways to picture investments and risk. Human jobs giving financial advice will change as basic functions are automated away.
Tiger Management was one of the most influential firms in finance, spawning dozens of funds, several of which minted billionaires. We mapped out 4 generations of Tiger descendants.
The mortgage industry rapidly evolved after its disastrous role in the global financial collapse a decade ago. Even bigger changes are on the horizon.
The average monthly student-loan payment is $393 — that could pay off the average household credit-card debt in just over a year.
The rising deficit under Trump is fueling fears the government may have less room to act in a future economic slump.
Here are top female investors, founders, journalists, social media stars, and engineers in the UK tech sector today.
There are about 13,885 nuclear weapons in the world. Here's an overview of the world's nuclear states and their arsenal.
Tom Montag's top dog in equities: Fabrizio Gallo, a long-tenured executive who holds sway over the division.
WeWork's original plan to go public collapsed this month after intense scrutiny and lacking investor interest threatened its ability to raise money.
Masayoshi Son is the founder and CEO of Japanese holding company SoftBank, which invests millions in some of Silicon Valley's biggest tech companies.