The number of continuing jobless claims rose to a greater-than-expected 22.6 million last week, signaling April job losses over 20 million.

Democratic presidential contender Michael Bennet wants to increase the top income-tax rate paid by the wealthiest Americans to 44%, which experts say exceeds that of other presidential hopefuls to date.

New York City businesses are struggling to make money and retain workers as the coronavirus continues to inflict economic pain.

Millions of small businesses will close permanently if disruption caused by the coronavirus pandemic persists, according to a new survey from Main Street America.

CNBC's Deirdre Bosa reports quarterly earnings from Uber.

Regulation Best Interest (Reg BI), the new rules passed by the SEC in September, may have raised the standard of care required of brokers making investment recommendations to their clients, but it didn't clear up the confusion about the differences between registered investment advisors and brokers.

CVS Health CEO Larry Merlo said the health retailer received validation that its strategy to make health care local is working.

Legality of allowing Harare officials to interview those awaiting removal questioned

The Home Office faces a series of legal challenges over its decision to allow Zimbabwean government officials to interview people from the country who are seeking asylum in the UK.

The government was criticised earlier this year for working with the Zimbabwean state to accelerate the removal of asylum seekers after Robert Mugabe was forced from power, despite continuing human rights abuses in the country.

Related: Home Office criticised for accelerating removals to Zimbabwe

Researchers sound the alarm after statistics reveal almost half of impoverished children in rural areas do not have enough to eat

Poverty has reached unprecedented levels in Zimbabwe, with more than 70% of Zimbabwean children in rural areas living in poverty, a UN study has found.

The report, compiled by Unicef and the Zimbabwe National Statistics Agency, shows high levels of privation in rural areas, where 76.3% of children live in abject poverty. Statistics seen by the Guardian suggest that almost half of these children do not have enough of the right food to eat.

Related: Zimbabwe on verge of 'manmade starvation', warns UN envoy

Companies that were able to make the cut and qualify for the Paycheck Protection Program have another fight on the horizon: having their loan forgiven. Here's why it's so hard to figure that out.

Purchasing gift cards are a way to support struggling small businesses. But if they don't make it out of the pandemic, you will be out of pocket.

As co-founder and creative director of her own fashion line, Rebecca Minkoff understands the current struggles small-business owners are now facing — especially women. Here's her advice on how to survive.

CNBC's Dominic Chu reports that San Francisco is targeting May 18 to reopen some businesses.

Stocks were up today despite a record drop in payrolls. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Brian Kelly and Jeff Mills.

The US and Europe have taken different approaches to tackling pandemic-induced unemployment but which is best long term?

In two, terrible, months the coronavirus pandemic has driven unemployment in the US to levels unseen since the 1930s Great Depression. Did it have to be this way?

Covid-19 has cost more than 33 million Americans their jobs in the last seven weeks – 10% of the entire US population. The official unemployment rate had shot up from 4.4% to 14.7% on Friday – a figure that probably wildly underestimates the true scale of job losses.

Minibuses that run on Friday evenings and Saturdays buck state’s religious restrictions

Tel Aviv is one of Israel’s most dynamic cities, but the latest local craze could appear fairly humdrum to outsiders – a bus service that runs at weekends.

Packed 19-seat minibuses fill up fast with passengers, who excitedly gossip about the new routes. People patiently queue at bus stops, knowing they might have to wait for two or three buses to pass before there is a space. Still, they are upbeat. “It’s a pleasure,” said Ben Uzan, a 30-year-old electronic engineer. “It’s a blessed initiative.”

US and Sweden raise questions over how virus spread in China, while Austria declares outbreak under control

• Coronavirus – latest updates
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The World Health Organization has urged countries to look for more early cases of Covid-19 and urged a full exploration of the pandemic’s origins and early path, as Germany took preventive action to head off any future rise in infections.

Related: Coronavirus map of the US: latest cases state by state

Russia cemented its place as the European country reporting the highest number of new infections, with total cases soaring past 155,000, although at 1,451 its fatality rate has remained low compared to other countries.

Hong Kong announced plans to ease major social distancing measures, including reopening schools, cinemas, bars and beauty parlours, from Friday.

Overcrowded, unhygienic prisons in Latin America and the spread of the coronavirus in regional prisons in the US are a source of “major concern”, the UN human rights office said.

India embarked on a “massive” operation using passenger jets and naval ships to bring back some of the hundreds of thousands of nationals stranded abroad.

Virgin Atlantic airline said it was cutting 3,000 jobs.

Gains from the likes of Amazon, Netflix and Microsoft boosted the index as it turned positive

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The technology-heavy Nasdaq index turned positive for 2020 on Thursday, boosted by gains in the share prices of companies such as Amazon, Microsoft and Netflix, which have fared well during the Covid-19 lockdown.

The US index caught up all this year’s losses, taking it back to its level at the beginning of January, after rising 1.4% on Thursday to 8,979.66. It ended last year at 8,972.

CNBC's Steve Liesman breaks down the April jobs report, which came in at 20.5 million nonfarm payrolls lost in the month. This is the most historic job loss within a single month.

Jeremy Siegel, finance professor at the University of Pennsylvania's Wharton School, joins "Squawk Box" to discuss the April jobs numbers and what the data means for the U.S. economy.

Jan Hatzius of Goldman Sachs joins "Squawk on the Street" to discuss the latest jobs number, which saw the unemployment rate soar to 14.7 percent.

The league’s centralised structure should help during the pandemic but it is also vulnerable in a way that European competitions are not

The warning from Adrian Hanauer was stark. According to the Seattle Sounders majority owner, the shutdown caused by the Covid-19 pandemic could result in “astronomical” losses for Major League Soccer teams. “Hundreds of millions, billions, really big numbers,” he told the Sounder At Heart podcast earlier this month.

Hanauer’s remarks were in line with much of what is being said around the soccer world. The sport has never experienced anything like this with entire seasons on hold, soon to be abandoned in some cases, and competitions such as Euro 2020 and Women’s Euro 2021 pushed back a whole year. For all the meetings that have been held and contingency plans drawn up, nobody can guarantee when play will resume.

Pace of layoffs tests states’ unemployment benefits fund as 33m jobless Americans make claims in past seven weeks

• Coronavirus – latest US updates
• Coronavirus – latest global updates

Another three million Americans filed for unemployment benefits last week as the coronavirus pandemic continued to exact its terrible toll on the US jobs market.

More than 33 million jobless Americans have now made claims in the past seven weeks.

More than 20m Americans lost their jobs in April – and Friday’s report suggests there might be much more trouble ahead

• Jobs figures: April worst month since Great Depression

Friday was a dark day for the US economy. The labor department announced more than 20 million people lost their jobs in April as the coronavirus shut down much of the economy.

Here are five key takeaways from a report that will enter the history books as the worst since the Great Depression of the 1930s.

This was the #JobsReport everyone was fearing & for good reason: 20M jobs lost. For African Americans unemployment rose to 16.7% & a similar jump for Whites to 14.2%.

This gives a historically low ratio of 1.3. Of course that means it took a pandemic to get these rates closer. pic.twitter.com/XPIG57BpJi

Sometimes it's better to not post anything at all

EPFO Eases Compliance Process by Employers

Buy Clotilde's latest book, The French Market Cookbook!

Not long after my second son was born, I received a message from Audrey, a reader I’d been conversing with […]

The post Caramelized Sesame Chocolate Bar Recipe appeared first on Chocolate & Zucchini.

We go to Moscow for an update on the pandemic in Russia, where the coronavirus is spreading rapidly, with at least 10,000 new cases a day and the second-highest infection rate in the world, and more than 100 medical workers have died fighting the virus, and many have reported lack of personal protective equipment. Meanwhile, three Russian healthcare workers mysteriously fell from hospital windows over the past two weeks. Two died, and the one who is hospitalized had posted a video online to note the lack of medical equipment and said he had to keep working despite testing positive. We speak with Joshua Yaffa, Moscow correspondent for The New Yorker magazine.

Wuhan-based virologist Shi Zhengli has identified dozens of deadly SARS-like viruses in bat caves, and she warns there are more out there

-- Read more on ScientificAmerican.com

A hotter planet could change the relationship among infectious agents, their hosts and the human body’s defense mechanisms

-- Read more on ScientificAmerican.com

At just 1,000 light-years away, an object in a nearby star system could be our nearest known black hole—but not everyone is convinced

-- Read more on ScientificAmerican.com

Quarterly revenue—at $17.8 billion—headed up $348 million on an annual basis. But, despite the revenue gain, volume declined, falling 2.3% to 34,013 total pieces, and total operating expenses—at $22.3 billion—were up$2.8 billion, or 14.2%.

ICAI releases schedule for Mock Test Papers...

• Shoegazing
• Indie Pop
• Dreampop

Section 115BBE ONE OF THE MOST DANGEROUS SECTION OF THE IT ACT.

My story belongs to Sec 115BBE one of the most dangerous section of the Income Tax Act 1961, and my story belongs to Appeal to Income Tax Applleate Tribunal against an order of CIT appeals.

Actually one of My case lying with an ITO regarding Cash on Demonitisation.
QUESTION NO 1) Should i proceed to ITAT against an order of CIT APPEALS for vacate of any demand arising under section 115BBE or not for a cash on demonitisation case and why ?
QUESTION NO 2) Should i move to CIT APPEALS AGAINST AN ORDER OF ITO for charging of penalty with tax under sec 115BBE during a Cash on demonitisarion case ? or Should i pay the whole amount of tax with fine which an ITO demands with penalty as tax on regular assessment and Why ?
QUESTION NO 3) What is the latest update of Sec 115BBE ?
QUESTION NO 4) Is there any probability of Special Audit during a cash on demonitisation case lying with CIT APPEALS and why ?
QUESTION NO 5 ) Is there any probability of relief of tax, if i move to CIT APPEALS OR EVEN to ITAT for vacate any demand arising out of Cash on demonitisation case Sec 115BBE ?

Disclaimer :- Only A qualified CA & CMA can answer to this query ( based on his/her practical approach ).

Regards

computer repair - account head

This week we took a look at Iran's handling of the Covid-19 pandemic, the troubles that lie ahead for prisoners on early release due to the coronavirus and China's "mask diplomacy". We also investigate how Covid-19 is affecting the French cinema industry and the role of US forces in the Sahel region's war on terror. 

Uganda moved quickly to bring in one of the toughest coronavirus lockdowns in the region. That's now been extended for another two weeks even as some restrictions are lifted, allowing a number of businesses to reopen. Also, moves to bring in criminal penalties for female genital mutilation in Sudan are welcomed by activists, who hope that changes brought in since the fall of Omar al-Bashir last year will mean a huge step forward for women's rights. Finally, journalists in Cameroon worry their newspapers will not survive lockdown restrictions.

Brazil, the country in Latin America that has been hardest hit by the coronavirus crisis, said Friday it had reached a new daily record for COVID-19 fatalities with 751 deaths.

In a mid-April report, the NGO Human Rights Watch cited UN statistics that the main prisons in the Democratic Republic of Congo are at 432 percent capacity, with Makala Prison in the country’s capital of Kinshasa at 461 percent. While media access to prisons in Kinshasa is denied, FRANCE 24 obtained amateur footage from Makala inmates and spoke with an NGO and a Congolese official about the potential for a major Covid-19 health crisis.

A choice between lives and livelihoods? Iranian authorities have gradually been easing confinement since April 11, this in a nation hit early and hard by Covid-19. Did they have to reopen mosques? Could they afford to keep the sanctions-squeezed country in lockdown and risk a complete collapse of the economy or does opening it up make it worse? Already there are signs of a resurgence of coronavirus. The show features Sanam Shantyaei's exclusive interview with a frontline medic in Tehran while Esfandyar Batmanghelidj and Behnam Ben Taleblu disagree on whether the US should ease sanctions.

New Zealand on Monday recorded no new cases of the coronavirus for the first time since March 16 and less than a week after the Pacific nation ended a strict lockdown that appears to have contained the outbreak.

South Korea returned largely to normal Wednesday as workers went back to offices, and museums and libraries reopened under eased social distancing rules after new coronavirus cases dropped to a trickle.