Layoffs are soaring amid the coronavirus outbreak – and much sooner than expected. Initial claims for unemployment benefits – a reliable measure of layoffs – could rise to a record 2.4 million this week, according to a Goldman Sachs analysis of anecdotal …
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NEW YORK (Reuters) – The dollar eased on Friday after a rally that put it on track for its biggest weekly rise since the 2008 financial crisis, as a global scramble for dollar funding sent other currencies reeling. FILE PHOTO: U.S. dollar notes are seen in this …
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Carnival (NYSE:CCL) has been hit hard by the coronavirus pandemic. The company has had to cease all operations and while it plans to reopen most of its brands in mid-April that date seems much more like a wish than reality. Shares in the company have …
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The Federal Reserve said Friday it would extend its asset purchase program into short-term municipal bonds. Thus far, the central bank has limited its efforts to Treasurys and mortgage-backed securities in an effort to keep liquidty flowing through the system …
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Precautions over the novel coronavirus have brought changes to Wawa stores, starting Friday. The chain is keeping its stores across New Jersey open, but customers will be served coffee by Wawa employees instead of fixing it themselves. The self-serve …
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