We need just one more day with a 0.5% gain on the Nasdaq while most of its stocks are sliding. That’d match December 1999 for the best envy-thy-neighbor market ever.

Fed’s Bostic: Recovery to Be Slower Than Expected

The United States’ economic recovery from the coronavirus-caused crisis “is happening” but it will take “a lot longer than people expected,” Federal Reserve Bank (Fed) of Atlan…

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Permanent Layoffs Soar, and It Will Get Worse

GM Resorts International and Stanley Black & Decker Inc. recently told some employees furloughed at the outset of the coronavirus pandemic that they wouldn’t be put back on the payroll.

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