Economy
Say Goodbye to Your Local Big Argos
Sainsbury's, its parent company, is cutting over 3,000 jobs, most of which will affect everyone's favourite catalogue retailer.
Trump Features Steel Plant That Laid Off Hundreds in New Ad About 'the Best' Economy
U.S. Steel notified employees that they would lay off as many as 737 workers at the Granite City plant in late April.
UK Government to Pay 22 Percent of Workers’ Wages When Furlough Ends
Rishi Sunak made the announcement today as part of a range of measures designed to support the UK economy as coronavirus cases rise.
Europe Is Facing a Youth Unemployment Crisis
The coronavirus pandemic has caused unemployment to skyrocket across Europe, and young people are among the most likely to lose out.
More Than Half of Republican Voters Think 170,000-Plus Coronavirus Deaths Are 'Acceptable'
A new poll also shows that most Republican voters are pretty happy with the state of the economy.
Trump Tweets ‘Great Jobs Numbers!’ While Over 16 Million Are Unemployed
The Trump administration will have to keep waiting for its mythical, V-shaped recovery.
The U.S. Economy Just Had Its Worst Quarter Ever
It's about four times worse than the worst stretch of the Great Recession.
Indian Workers Who Make H&M Clothes Claim Factory Used Pandemic to Bust Union
H&M said that it is "deeply concerned about the developments" at the factory and working to "resolve the conflict peacefully."
White, Rich People Got Their Coronavirus Stimulus Money Faster Than People of Color
Lack of access to bank accounts and the internet were key factors.
The Rich Just Keep On Getting Richer
As the coronavirus pandemic continues to devastate the world economy, billionaire families are making just as much money as ever.
What It's Like to Run a Small Restaurant in India Amid the Pandemic
“When you win, you win exhausted from working 14-hour shifts and perpetually smelling like Schezwan sauce. When you lose, you dig into your savings to keep it afloat and seriously consider turning it into a grocery shop.”
The UK Government Is Giving the Whole Country 50 Percent Off in Restaurants
The Chancellor of the Exchequer announced today a variety of schemes to help the British hospitality industry, such as a cut to VAT and a discount scheme through August.