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Record 26m jobless in US since coronavirus hit: Live updates

Record 26m jobless in US since coronavirus hit: Live updates

Politics, Uncategorized, What's Hot
20:12 GMT - Bezos, Musk among billionaires gaining net worth in pandemic: report The combined wealth of America's billionaires, including Amazon.com Inc founder Jeff Bezos and Tesla Inc chief Elon Musk, increased nearly 10 percent during the ongoing pandemic, according to a report published by the Institute for Policy Studies (IPS). Even as the broader economy faced a recession, tech and stay-at-home stocks like Zoom have rallied in recent weeks, due to a surge in usage of video conferencing and remote work technology, thus boosting the net worth of billionaire founders with holdings in those companies. During the period between January 1 to April 10 this year, 34 of the nation's wealthiest billionaires have seen their net worth increase by tens of millions of dollars, the report ...