A 2008 financial crisis stat for investors afraid of this market

For many investors, the financial crisis of 2008 and the economic shutdown caused by the coronavirus are the only two bear markets they have experienced in their lives. Where are we now compared to 2008? Here is one way to look at that question and try to help understand why, even as the S&P 500 and Dow Jones Industrial Average have surged back with gains equal to a new bull market since the March 23 low, many investors remain skeptical. The S&P and Dow were up double-digits, percentage-wise, this week alone.

LinkedIn offers free help for job-hunters and essential businesses

LinkedIn built a profitable business with its paid tools for job recruiters. Now in the wake of COVID-19 shutting down broad swaths of the economy, LinkedIn is ditching the core engine of its business model to help people connect with jobs at no cost. With unemployment claims spiking to record levels, LinkedIn is connecting essential businesses — such as hospitals — with qualified employees and volunteers at no charge.