Transfer of 28.15 Bitcoins on Dec. 8 to 22 alt-right recipients may have been used to help organize the Jan.6 assault on the the U.S. Capitol, investigators believe.
Initial jobless claims increased to 965,000 last week amid a sharp increase in the number of new COVID-19 cases and a record number of daily deaths. it won't be before 2023 that the 22 million jobs lost (in March and April 2020) are regained.
Deutsche Bank, Donald Trump's business lender since the 1990s, has announced that it will not continue to do business with him following last week's assault on the U.S. Capitol. The soon-to-be-former president owes about $340 million in loans with notes that come due in 2023 and 2024, CNBC reported.
Polls conducted as the pandemic peaked last spring, found that 40% to 60% of those who remained employed reported working remotely. Global Workplace Analytics estimates that 25% to 30% of the labor force will work from home multiple days a week by the end of 2021.
Individuals investing in crypto-currencies such as Bitcoin should be prepared to lose all their money, a United Kingdom regulatory agency warned Monday.
"Privacy is a huge concern," said Jason Boyce. "Amazon has a 360-view of every shopper with no oversight. No one is putting limits on the data the company collects. We can no longer hope for the best and trust in the libertarian utopia tech giants want us to believe in."
As the nation begins to experience a post-Christmas surge in COVID-19 cases, a new and more contagious strain of the virus has emerged. Logistical problems are hampering vaccine distribution, and the goal of quickly reaching herd immunity for the country has begun to fade.
"I think the flying public, with a lot of justification, is taking a wait-and-see attitude on the performance and safety of the aircraft," an expert told Newsweek. "I don't think that's a PR problem – it's a real problem."
Economic uncertainty created by the COVID19 pandemic is likely to lead to a baby bust next year, two researchers believe. The number of U.S. births in 2021 could decline by 300,000 to 500,000.
The coronavirus pandemic has roiled the markets, tossed most fiscal assumptions to the wind and driven the national debt to the highest level since World War II, as the government spent heavily to support the economy.
The robust housing market underscores the growing split between those who could work from home during the pandemic and remained employed, and those who couldn't, and didn't. Lean housing inventories have led to bidding wars in many markets, pricing many first-time buyers out of the market.
Congressional debate over the pending $900 billion COVID-19 relief bill again underscores the split between Democrats and Republicans over who should receive the funds and how the money can best be used.
With COVID-19 running rampant, and employers across the country cutting the size of their workforce, many recent college grads are finding it difficult, if not impossible, to put their newly minted degrees to work. But some grads aren't waiting for the market to come to them.
The Federal Reserve plans to keep interest rates low for the foreseeable future, even if the economy recovers sooner than expected from the COVID19 slump. The decision to keep interest rates low is good news for homebuyers shopping for a low mortgage rate, but bad news for small savers.
The value of Bitcoin exceeded $20,000 for the first time Wednesday, underscoring its move from amateur plaything to investment and inflation hedge, a cyber currency analyst believes. And it could become an alternative to gold.
As trucks delivering the COVID-19 vaccine begin rolling across the nation, a researcher has an intriguing idea: Increase the likelihood of achieving herd immunity by paying people to get the shots.
Elon Musk's decision to leave California for Texas is the latest departure in the stampede of major companies out of the Golden State. Many companies, including Musk's Tesla, a maker of electric cars, cite high taxes, crushing regulations and deteriorating quality of life as the reasons for leaving.
Leisure travel and "order-in" dining are very different markets, but as an end to the COVID-19 pandemic appears to be in sight, Airbnb and DoorDash are looking to expand by issuing IPOs.
With COVID-19 vaccines on the horizon, airlines and cruise lines are trying to find their way back on different paths to financial health.
Designers and health officials have developed ways to limit risk of infection from COVID-19 and other viruses. And even with the development of effective vaccines, the office as we have known is likely never to be the same again.
The coronavirus pandemic has heightened the split in the U.S. economy. Some with hefty retirement accounts dipped into the money and rode out a choppy economy, while those who live paycheck to paycheck cut back and scraped by as best they could.
According to the Kaiser Health Foundation, about 49 percent of all Americans get their health insurance from their employer. That raises an important question regarding COVID-19: Can private employers require workers to be vaccinated?
Transit systems throughout the nation face deep deficits and an uncertain future. Even with effective COVID-19 vaccines developed by Pfizer, Moderna and others, it's unclear how many workers will return to the office in major cities once they are available and widely distributed. That could permanently alter transit ridership.
Spot coin shortages, an unintended consequence of the economic lockdown intended to curb spread of the coronavirus, are again turning up in some regions of the nation.
The Dow Jones Industrial Average's close above 30,000 for the first time in history underscores the underlying strength of the U.S. economy and hopes for a complete recovery from the ravages of the COVID-19 pandemic.
n the past, economic performance often varied by region based on the type, strength and variety of industries as well as educational level. It was no mystery why California's Silicon Valley prospered while the Midwest's Rust Belt contracted or isolated regions in the South stagnated.
The huge volume of COVID-19 vaccine doses needed to combat the pandemic will require speedy, precise handling in the U.S. and worldwide. Failure to meet stringent handling requirements means the vaccine, like spoiled lobster, will go bad and must be thrown out.