Live Market Updates: Stocks Edge Higher on Coronavirus Vaccine Hopes

Work is more than what you take home as payment, Lacey Oyler says. But when the hours were short enough to take care of the children, she quit. A loan… Sarah Statas for the New York Times…

First and foremost, the sectors of the economy most affected by job losses are dominated by women – restaurants, retailers and carers.

A second wave followed, leading to the loss of jobs in local and national government, another area where women were in the majority.

The third blow was a hard one for many: the closure of the crèches and the switch to distance learning. It imposes far more than fathers exaggerated household chores on working mothers.

This is a rare and devastating blow that not only pushes women away from their previous jobs, but also discourages them from looking for new ones, according to Patricia Cohen of the New York Times. For an individual, this can limit his or her life prospects and income. Across the country, it can slow growth by robbing the economy of a skilled, experienced and dedicated workforce.

  • According to the latest employment report from the Ministry of Labour, 4.5 million women were employed in October, compared to 4.1 million men a year ago.
  • According to the Census Bureau, a third of unemployed women aged 25 to 44 said this was due to the need to care for their children. Only 12% of the unemployed referred to these requests.
  • Women on low incomes, minority women and single mothers have suffered most from the recession caused by the pandemic. The unemployment rate is 9.2 percent for black women and 9 percent for Spanish-speaking women, compared with 6.5 percent for women in general.
  • The changes imposed on women by the pandemic create a mixture of fear and hope. Many women fear that these changes will severely limit women’s choices and force them into a full-time unpaid role as housewives.

Hieronymus X. The chairman of the Federal Reserve Powell highlighted the effect in a webcast on Tuesday. He added that many women leave the labour market because their children stay at home: You see women who are at home and not on call, and their careers can be compromised.

Live Market Updates: Stocks Edge Higher on Coronavirus Vaccine Hopes

On the second day of the DealBook Online Summit, we hear from other business, political and cultural leaders about global economic challenges, innovation in the age of large-scale technology and the role of business in the fight against racial inequality.

Here is the composition (always oriental):

From 9:15 to 10:00.

Jamie Diamon from JPMorgan Chase

The head of the country’s largest bank will talk about the huge challenges facing the economy and what needs to be done to unite the United States.

10:00 to 10:30.

Senator Elizabeth Warren

Warren, one of the most prominent progressive figures in the Senate with experience in aggressive attempts to curb Wall Street, discusses post election prospects at the interface between business and politics. Pay attention: Due to technical problems, the meeting was postponed yesterday.

11:30 – 11:30.

Ruth Porat of the alphabet and Google

The CFO of the research giant will discuss the prospects of high-tech in 2020, the future of teleworking and how to navigate internal and external policy debates.

12pm – 12:40pm

Tim Sweeney of Epic Games

The founder of Fortnite will explain the future of interactivity and the struggle to innovate in competition with larger competitors.

2:00 in the afternoon is 3:00 in the afternoon.

Rapper and activist Killer Mike, Robert Smith of Vista Equity Partners and Ursula Burns, former director of Xerox.

This group of business and cultural leaders will discuss the business community’s commitment to racial equality and how business leaders can create long-term benefits for underprivileged communities.

4:00 – 4:30 minutes.

LeBron James and Sherrylene Eagle of the NAAPP Legal Defence and Education Foundation NAAPP

N.B.A.-Star and a civil liberties leader discuss the recent elections and Mr James’ More than Vote campaign, which for the first time opened the stadiums as polling stations and made voting more accessible.

Live Market Updates: Stocks Edge Higher on Coronavirus Vaccine Hopes

Mark Zuckerberg will testify remotely on Tuesday as Senator John Kennedy… A picture of Hannah McKay from the pool.

On Tuesday, the senators asked the leaders of Facebook and Twitter to work with the disinformation services of the elections, demonstrating their bilateral support for a law change that protects companies from prosecution.

In a more than four-hour hearing before the Senate Judiciary Committee, legislators Mark Zuckerberg of Facebook and Jack Dorsey of Twitter forced lawmakers to defend their companies’ efforts to curb the spread of false election and election-related information. Republicans have accused companies of censoring conservative voices, while Democrats have complained about the constant increase in hatred and misinformation on the Internet.

These are the highlights of the hearing:

  • Legislators have focused on the way Facebook and Twitter moderate content. Both Democrats and Republicans have focused on the small details of how Facebook and Twitter have mitigated the billions of pieces of content posted on their networks. Of the 127 questions, more than half – 67 – related to substantive moderation.
  • Democrats have called for stricter regulation of the technology industry. Several Democrats have accused Zuckerberg and Dorsi of hatred and misrepresentation about the post-election elections. They referred to the Facebook comments from Steve Bannon, a former senior advisor of President Trump, who proposed the beheading of Dr. Anthony Fauci, a leading government expert on infectious diseases, and to Facebook postings spreading false conspiracy theories about election fraud.
  • Mr. Zuckerberg promised to be vigilant in his calls for violence. I am very worried about this, especially with regard to any misinformation that could lead to violence in such an unstable period, he said.
  • Republicans came in and complained about their prejudice. Republicans on the committee attacked the power that social media companies have over moderate content on their platforms and accused them of making politically bizarre calls while hiding behind the liability shield provided by Section 230 of the Decency in Communications Act, a law that provides legal protection for companies for content posted by users.
  • Twitter and Facebook handled Mr Trump’s accounts differently after his presidency. Mr. Dorsey said Twitter would make no more exceptions for Mr. Trump. During Trump’s time as world leader, he allowed him to post content on Twitter that was against his rules, although he started tagging some tweets in May to show that they were controversial or glorified violence.

On the contrary, Mr. Zuckerberg said that Facebook will not change the way Mr. Trump moderated. After election day, Facebook reported some of its messages and provided users with accurate information about the election results, but it tends to take a manual approach.

Kellen Browning contributed to this story.

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