Buzz Towns

News for nerds

As U.S. job growth stalls, some workers face long-term unemployment

More than six months after the pandemic ravaged the U.S. labour market, millions of Americans who are still unemployed are bracing for the possibility that the jobs they held before

Read More

Indian CEOs Less Confident About Economic Growth, 62% Took Salary Cuts Due to Pandemic: Survey

Corporate leaders in India are less confident about economic growth and 6 out of 10 CEOs have taken salary cuts as part of the overall cost management measures amid the

Read More

Australian casino billionaire James Packer agrees he sent ‘shameful’ email threats

Australian casino billionaire James Packer on Tuesday acknowledged sending threatening emails in 2015 to an unnamed person with whom he was working on taking Crown Resorts Ltd CWN.AX private while

Read More

China needs an economic revolution to deliver Xi’s ambitious climate agenda

There’s no solution to the climate crisis without China. President Xi Jinping just gave hope it might deliver one. But his pledge to make his country carbon neutral within 40

Read More

Dow swings 600 points after Trump rejects stimulus plan

Stocks took a dive Tuesday afternoon after President Donald Trump said he ordered an end to stimulus negotiations until after the November election. The Dow (INDU) swung more than 600

Read More

The mighty dollar has weakened under Trump. A Biden win could change that

he value of the dollar has taken a hit this year as the coronavirus pandemic ravaged America’s economy. Conventional wisdom holds that a Biden presidency would drag the US currency

Read More

Goldman Sachs: A Democratic sweep would mean faster economic recovery

President Donald Trump is once again warning voters that Democrats would “shut our economy and jobs down” if they win in November. Goldman Sachs is telling its clients the exact

Read More