Numbers by Barron's

393,000 Americans Laid Off From Restaurants and Hotels in November

Episode Summary

The default rate for U.S. high-yield bond debt is up. The rate of layoffs for restaurants and hotels is at its highest level since the spring. And Brazilian government spending rose 40% in 2020. Host: Matthew Klein. Producer: Katie Ferguson.

Episode Notes

The default rate for U.S. high-yield bond debt is up. The rate of layoffs for restaurants and hotels is at its highest level since the spring. And Brazilian government spending rose 40% in 2020. Host: Matthew Klein. Producer: Katie Ferguson.