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…

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.