‘The disappointing jobs report makes it clear that paying people not to work is dampening what should be a stronger jobs market,’ the U.S. Chamber of Commerce said.
The Food and Drug Administration is expected to grant emergency authorization to Pfizer’s COVID-19 vaccine for 12- to 15-year-olds within the week. If that occurs, it will be the first shot authorized for this group of younger teens.
Now that the U.S. is getting close to authorizing the first COVID-19 vaccine for younger teens, it will pave the way for immunizations to begin to reach a broader group of Americans at a time when the pace of vaccinations is slowing.
‘I still have a three-year lease on the building costing $6,000 a month, and I just found out that I am personally responsible for any other bills that the store owes.’
According to filings Wednesday with the Securities and Exchange Commission, Bezos sold nearly 740,000 shares on Monday and Tuesday for about $2.48 billion. The stock sales were prearranged through a 10b5-1 trading plan, according to the filings.
As Epic Games Inc. methodically made its case in the opening week of its antitrust trial v. Apple Inc., it carefully laid out economic and technological evidence that included testimony from representatives of other major gaming developers and some eyebrow-raising email exchanges among Apple executives.
Square Inc. disclosed late Friday that it has officially added Shawn Carter as a board member of the credit-card payments processing company after closing a deal with the music-streaming service Tidal.
‘The disappointing jobs report makes it clear that paying people not to work is dampening what should be a stronger jobs market,’ the U.S. Chamber of Commerce said.
It may take more than a much-weaker-than-expected April jobs report to kill the stock market rally, though the popular reflation trade is seeing a modest setback.
The U.S. created just 266,000 new jobs in April even as the economy gained strength, suggesting companies might be struggling to fill open jobs even with millions of people still unemployed. The jobless rate rose to 6.1% from 6%.
Treasury Secretary Janet Yellen announced her intention to appoint Federal Reserve bank regulator, Michael Hsu, as acting comptroller of the currency Friday morning.