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U.S. unemployment hit a postwar record 14.7% in April, as the economy lost a decade of job growth in a single month. Fifty-two percent of U.S. small businesses could close their doors in six months, according to a new industry survey. Before the Covid-19 crisis, small businesses employed nearly 60 million people. The U.S. economy…
The stock market is on the brink of setting new records and the consumer, which has been propping up the U.S. economy, has the power to make or break that momentum. A couple of key economic indicators that are set to be released this week happen to be a gauge on the strength of the…
