US private sector lost 2.7M jobs in May

Private employers slashed 2.7 million jobs in May as the coronavirus-induced lockdown devastated the U.S. economy and labor market, according to the ADP National Employment Report released Wednesday.

Restart or re-stop? Economies reopen but chaos abounds

Countries in Europe are reopening their economies amid the coronavirus pandemic but in chaotic ways. Life resumed in Paris' iconic streets and schoolchildren returned to class in the Netherlands as countries tried to balance how to reopen economies without rekindling new outbreaks.