With thousands of workers sick, plants are closing and the food supply is faltering. undefined. Illustration: Maxime Mouysset for Bloomberg
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(Adds U.S. market open, byline, dateline). * China exports rise 3.5% y/y vs forecast -15.7%. * Weekly U.S. initial jobless claims reach 3.169 million. * Long-term U.S. yields lifted by tidal wave of new debt. * Turkey’s lira slumps to record low. * Oil swings around …
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Oil jumped more on Thursday and was on track for its second best week in history as a number of bullish factors supported prices, including U.S. companies cutting production, Saudi Arabia raising its official oil selling price and gasoline demand improving as …
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The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to national and global response, the work place and the spread of the virus.
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Kohl’s announced its plan to reopen stores in 10 states starting Monday, May 11. This announcement comes after the retailer opened stores in four states, Arkansas, Oklahoma, South Carolina and Utah, on May 4 after making “significant enhancements to the …
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