U.S. Jobless Claims Remain Elevated as Coronavirus Layoffs Expand

US Unemployment Remains High With Second Layoffs & Backlogs Wave

WASHINGTON (Reuters) – The novel coronavirus epidemic threatens to devastate the U.S. labor market. With the number of Americans applying for unemployment insurance slipping below estimated last week, indicates a second round of factory layoffs in industries not previously affected. The weekly jobless claims survey by the Labor Department, the most important data on the […]

In a Post-Lockdown world, Will Health Stocks Win Big?

Coronavirus Stock Market

Health stocks have come back from recession levels in recent weeks. Considering that markets have absorbed both positive and negative knowledge about the Covid-19 pandemic, the markets as a whole have sprung into action. If crises start with hysteria and over-reaction, when a truer image emerges they can quickly correct themselves. Health stocks look well-placed […]