To meet the enhanced health and safety guidelines imposed by local and federal agencies, the cost of licensed child-care centers has increased an average of 47%, according to a new report by the Center for American Progress. Home-based family child care is seeing costs increase an average of 70%.
The federal budget deficit is projected to hit a record $3.3 trillion due to Covid-19 costs and the recession, the Congressional Budget Office said Wednesday.
The almighty dollar is looking less so this year. Chad Morganlander of Washington Crossing Advisors lays out the stocks that could benefit from its weakness.
President Donald Trump signed a memo on Wednesday that threatens to cut federal funding to "lawless" cities, including Seattle, Portland, New York and Washington.
Billionaire investor William Ackman has approached short-term home rental company Airbnb about going public through a reverse merger with his blank-check company, according to people familiar with the matter.
The United States said on Wednesday it would require senior Chinese diplomats to get State Department approval before visiting U.S. university campuses or holding cultural events with more than 50 people outside mission grounds.
Stocks in emerging markets have lagged global share prices as those countries reported some of the world's highest numbers of cumulative coronavirus cases.
Major gaming titles from companies including Tencent and NetEase were on the list of banned apps, as well a services from other Chinese technology giants like Baidu and Alibaba affiliate, Ant Group.