Hopes for a rebound in the fall or the end of 2020 look increasingly unlikely. Although rental prices have come down, the discounts are not steep enough yet to lure new renters back to the city.
William Lee, chief economist at Milken Institute, said the money should be spent on incentivizing businesses to increase remote working capabilities and helping the unemployed find jobs in companies with viable business models.
The cost of a U.S.-China "decoupling" would be high, but that doesn't mean Beijing won't choose to create systems that are "mutually exclusive" from the rest of the world, said Robert Daly of the Kissinger Institute on China and the United States.
Electric vehicle start-up Lucid is touting its all-electric Air sedan as a more efficient, faster and spacious vehicle than the Tesla Model S, a car the company's CEO Peter Rawlinson helped bring to market.
The U.S. Department of Homeland Security's head cited unjust business practices and industrial espionage by China, including attempts to steal coronavirus research, and accused it of abusing student visas to exploit U.S. academia.
Retail investors have been fueling a frenzied buying boom in markets this year, sparking fears that they are driving too much speculation in the market.
Over the past 12 months, Facebook has frustrated users and employees with its haphazard enforcement of free speech policies. The consequences could be dire.
A second round of $1,200 stimulus payments was one of the few things President Donald Trump and both sides of Congress agreed on. But now that aid is getting pushed aside. Here's why Americans may face a longer wait for more federal help.
The complaint alleged that top Trump administration brass engaged in "a pattern of abuse of authority, attempted censorship of intelligence analysis and improper administration of an intelligence program."
In updated prospectus on Wednesday, Palantir said it has 1.64 billion shares outstanding as of Sept. 1, which indicates a valuation of about $10.5 billion.
"I would never be muzzled about anything when it comes to science and evidence and the facts," Fauci, director of the National Institute of Allergy and Infectious Diseases, said.
Grail spun out of Illumina in 2015 and has a long-term agreement that requires Grail to give a small percentage of its revenue, whenever it comes, to Illumina.
James and Kathryn Murdoch have used their cash and influence to become a political power couple in a fractured Washington. They have also focused some of their efforts on opposing President Donald Trump.
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