U.S. private payrolls dive by a record 20.2 million

U.S. private payrolls dive by a record 20.2 million

WASHINGTON (Reuters) – U.S. private employers laid off a record 20.236 million workers in April as mandatory business closures in response to the novel coronavirus outbreak savaged the economy, setting up the overall labor market for historic job losses last...
Stocks head for best month on record ahead of ECB

Stocks head for best month on record ahead of ECB

LONDON (Reuters) – World stocks headed for their best month on record on Thursday, as encouraging early results from a COVID-19 treatment trial and expectations of more European Central Bank (ECB) stimulus later in the day helped ease the pain of February and...