Local mask requirements and limited dining at restaurants can help reduce the spread of Covid-19, according to a new CDC study published Friday. The findings come as a number of states, including Texas, Mississippi and Connecticut, move to fully reopen businesses. Easing mask mandates and reopening restaurants have led to a rise in Covid-19 cases and deaths, according to a […]

Goldman Sachs chief economist Jan Hatzius told CNBC additional stimulus is still needed to overcome Covid damage. The February jobs report was "pretty solid" overall, Hatzius said. However, he cautioned, "the economy and the labor market are still far away from where they ultimately need to be," Hatzius said. Goldman Sachs chief economist Jan Hatzius told CNBC on Friday the […]

While the February jobs report showed unemployment dipping to 6.2%, the “real” rate is much higher. Fed Chair Powell and Treasury Secretary Yellen said in early 2021 the real rate is closer to 10%. When accounting for misclassification and dropouts, Insider calculates the true rate at roughly 9.1% after February. Visit the Business section of Insider for more stories. February […]

Wells Fargo told corporate and investment-banking interns they’ll stay virtual for 2021. Wells told summer analysts and associates relocation won’t be necessary. The firm discussed summer 2021 plans in a memo sent this week, which was viewed by Insider. Visit the Business section of Insider for more stories. Wells Fargo corporate and investment-banking interns dreaming of starting their careers on […]

If zombies were to start roaming the streets – yes, we said zombies – the Centers for Disease Control and Prevention wants you to be prepared. In the midst of providing guidelines on an unprecedented pandemic, the Center for Disease Control updated its tips to prepare for another extreme occurrence: A zombie apocalypse. While the CDC says it began as a “tongue-in-cheek campaign,” […]

Books by Dr. Seuss have flooded Amazon’s U.S. bestseller list after it was announced that six of the author’s publications were being pulled over racist imagery. “The Cat in the Hat” is currently the bestselling book on Amazon’s U.S. store, closely followed by “One Fish Two Fish Red Fish Blue Fish” and “Green Eggs and Ham,” along with several other […]

When gunmaker Smith & Wesson Brands Inc. (NASDAQ: SWBI) reported fiscal third-quarter results after markets closed Thursday, the company posted record net income of more than $62 million for the quarter that ended on January 31. That was a 27% boost to the previous record set in the quarter that ended just three months earlier. There’s no question that the […]

PARIS – This season’s Paris-based trade shows have taken diametrically opposed stances to presenting for fall. Traditionally a fixture during Paris Fashion Week, with buyers from around the world strolling the aisles between shows scouting for new discoveries, both Tranoi and WSN, the organizer of the Who’s Next and Première Classe events respectively, have been forced to adapt to rapidly […]