Nearly six in 10 Americans say their income has been negatively impacted by the coronavirus pandemic, according to TransUnion’s poll of over 3,000 U.S. adults fielded last week. About 78% are worried about paying their bills and making good on loans.
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Airline shares remained under pressure on Thursday, continuing a downward spiral that saw many large companies lose more than one-third of their value in March. Spirit Airlines (NYSE:SAVE) led the march downward on Thursday, falling nearly 10% early …
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NEW YORK — The coronavirus pandemic may have erased around $64 billion of value from Warren Buffett’s equity portfolio at Berkshire Hathaway Inc, setting up the conglomerate for one of the largest quarterly losses ever by an American company.
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Andy Browne, Editorial Director for Bloomberg New Economy, on China masking coronavirus deaths, China economy, and impact to global trade.
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Today’s Big Picture. The major focus is again on the shocks in the labor market with two new reports. Today’s initial jobless claims rose to 6.648 million, nearly doubling expectations for a new record high of 3.5 million. This comes after last week’s …
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