Since stay-at-home orders began in mid-March, the internet has been awash in articles about how Americans are adapting to this “new normal.” Plenty of sites have offered advice on how to be productive from home, interview from home, and maintain work-life balance. READ MORE
Hedge fund Bridgewater set up tent offices in the woods to beat COVID-19
Falling stocks … falling trees — it’s all part of a day’s work at Bridgewater.
Ray Dalio’s $138 billion hedge fund has set up tents in the woods across from its Westport, Conn., headquarters so that its traders and other staffers can continue to work from their desks during the coronavirus pandemic, according to a new report. READ MORE
Walmart hits a grand slam with its TikTok deal with Oracle
Sam Walton could very well be smiling down on one of his disciples right now after hitting a dinger out of the ballpark. READ MORE
Companies are rushing to IPO before the election
With the presidential election looming and uncertainty growing about what will happen to the stock market and economy after that, private companies are racing to make their debuts on Wall Street. READ MORE
Goldman Sachs joins JPMorgan in announcing return to work after coronavirus office closures
The bank alerted staff that it was preparing for more employees to return to its offices around the world READ MORE
America Is Trapped in a Pandemic Spiral
Intelligent Minds Like Tim Cook and Jeff Bezos Embrace the Rule of Awkward Silence.
Tim Cook and Jeff Bezos run two of the most valuable companies in the world. From the outside, they seem to exhibit very different personalities. But within their companies, both men are known for a fascinating practice:
They each embrace the rule of awkward silence. READ MORE
The Pandemic Unemployment Assistance program is ripe for abuse
With the Congressional Budget Office recently reporting that our nation’s annual budget deficit for fiscal 2020 will hit $3.3 trillion, the largest deficit since World War II, this is a good time to re-examine some of the programs that got us here. READ MORE
Odds of coronavirus aid deal dim as Washington deadlock continues
A deadlock between White House officials and Democratic leaders over what to include in another coronavirus aid package has continued to persist more than one month after negotiations first collapsed, imperiling the chances of a stimulus deal before the November election. READ MORE
What to know about operating your business from home during COVID-19
The pandemic has forced some entrepreneurs like Joyce McNally, an Atlanta-based coach and owner of Say ‘YES’ Fitness, to adjust their business models.
“I’ve discovered that I love working from home. I set up classes in my living room and don’t have to travel,” says McNally, who began offering virtual classes and personalized training plans for clients earlier this year. READ MORE
When will the US recession end?
A majority of economists expect the U.S. to emerge from the coronavirus-induced recession — the worst downturn in nearly a century — by either late 2020 or sometime in 2021, according to a survey released Monday. READ MORE
Scared of going back to the office? Companies hope these apps will help
Bringing tens of thousands of employees back to the office during a pandemic is a huge task. Siemens, the 173-year-old German industrial giant, thinks an app can help. READ MORE
Why Work From Home When You Can Work From Barbados, Bermuda or … Estonia?
Several countries with fragile tourist economies have started to offer visas that allow foreign nationals to live and work for a period of at least six months. READ MORE
Equality in the U.S. Starts with Better Jobs
Americans are demanding a reckoning. Incidents of police brutality and structural inequities that have caused the pandemic to hit people of color especially hard are sparking calls for racial justice. The precarious conditions endured by poorly paid frontline workers who have continued to stay on the job during the pandemic have generated calls for economic justice. Each of these forms of injustice has distinct drivers, but they amplify each other and often fall hardest on the same people. As Martin Luther King, Jr. reminded us, economic and racial justice are inexorably linked. READ MORE
CEOs are selling stock. That could be a bad sign for the epic market rally
US stocks are on the cusp of a remarkable feat: setting new all-time highs during the middle of a pandemic. READ MORE
'You can't fix stupid' — Trump trade adviser Peter Navarro rips Kodak executives
White House trade adviser Peter Navarro on Monday blasted executives at Eastman Kodak for their handling of a government loan to produce pharmaceutical ingredients in the United States. READ MORE
Is your team prepared for long-term remote work? Ask these 3 questions to find out
As of now, two-thirds of employees are currently working remotely as a result of the coronavirus pandemic, my company included. It’s true, remote work has its benefits: From a commute to the kitchen table to the ability to have lunch with your kids, we have more time to spend on hobbies and personal interests outside of work. All of which are key factors for better work-life balance and increased productivity. For me, I have been able to spend more time with family and catch up on my reading list. READ MORE
U.S. weekly jobless claims fall to 963,000, first time below 1 million since mid-March
First-time claims for unemployment insurance last week fell below 1 million for the first time since March 21 in a sign that the labor market is continuing its recovery from the coronavirus pandemic. READ MORE
Court orders Uber, Lyft to reclassify drivers as employees in California
Uber and Lyft were ordered by a California court on Monday to reclassify their drivers in the state as employees, marking the latest escalation in an ongoing legal battle over a new law impacting much of the on-demand economy. READ MORE
How SpaceX and NASA overcame a bitter culture clash to bring back US astronaut launches
In May, millions of Americans watched as Robert Behnken and Douglas Hurley, two veteran NASA astronauts, strapped into a SpaceX Crew Dragon capsule and took a 17,000 mile per hour ride to the International Space Station. It was the first time NASA astronauts launched from US soil since 2011 — and the first time in history that a privately owned vehicle carried humans into Earth's orbit. READ MORE