Unemployment Claims Still Surging & EU Seeks Tech Tax

from Boom Bust

The United States has seen yet another week of unemployment claims surpassing one million, but when could we see a reprieve in the surge? We bring in a panel of market experts to analyze the state of the US job market and the reflection it could have on stock growth. Plus, as the US trade war with China remains at least temporarily on hold, tensions are rising with the EU. This comes as the US backs out of tax talks for major tech giants, dealing a blow to the Europe’s ambitious proposals. And the Federal Reserve has taken extreme measures to save the U.S. stock market from bottoming out, but could its latest move actually violate the law?

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