America's jobs crisis could be about to get even worse

America's fragile jobs market recovery, after just two months of improvement, appears to be losing steam as Covid-19 infections rise and federal funds for businesses begin to dry up.

News: What you need to know about the markets     America's jobs crisis could be about to get even worse America's fragile jobs market recovery, after just two months of improvement, appears to be losing steam as Covid-19 infections rise and federal funds for businesses begin to dry up. Read more »   These unknown brands took over store shelves while Purell and Clorox disappeared Walk into any drug store, grocery chain or market today, and you'll be hit with a wall of hand sanitizers and cleaning products that help fight against the coronavirus — but most have names that are unfamiliar to the average shopper. Read more »   & Other Stories used a racial slur for the internal name of a hat. Employees are furious An internal photo uploaded to a product overview system named a purple hat as 'Nigga Lab Beanie,' last month at clothing company & Other Stories. Upon complaint from employees, they issued a companywide apology and the caption was never made public. The company said it is investigating how the hat was named with the racial slur. Parent company H&M group CEO Helena Helmersson says the team including the responsible managers have been suspended during the probe. The product has also been canceled. Read more »   Kodak is reportedly under SEC investigation after its stock price exploded more than 2,757% The Securities and Exchange Commission is reportedly investigating how Eastman Kodak received a a $765 million loan from the US government to help make drug ingredients, according to the Wall Street Journal. Read more »   Moderna already got $400 million for a Covid vaccine that isn't available Moderna, one of the companies working on a treatment for Covid-19, said Wednesday that it's on track to finish enrollment for a phase 3 study of its vaccine by the end of September. Read more »   Gold and stocks rise as Wall Street remains hopeful Read more »

Dow Nasdaq S&P +373.05   +57.23   +21.26 27,201.52   10,998.40   3,327.77 +1.39%   +0.52%   +0.64% YTD -4.68%   YTD +22.58%   YTD +3.00%

Biggest Winners Assurant Inc +14.15%   Walt Disney Co +8.80%   Devon Energy Corp +8.57%   Freeport-McMoRan Inc +7.88% Biggest Losers Arista Networks Inc -10.93%   Perrigo Company PLC -5.70%   Western Union Co -5.42%   Evergy Inc -3.38%

Hottest ETF NYSE Market Volume

Key Market Stats Latest Today's Change Oil $42.19 0.00 / 0.00% Gold $2,053.30 +4.00 / +0.20% 10-yr 0.54% +0.03 Euro $1.19 +0.00 / +0.41%

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