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3321. Victoria's Secret is closing a quarter of its stores... (permalink)
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score: 2, Economy, 2020-05-21 21:06:09, published by CNN
Victoria's Secret is permanently closing a quarter of its stores in the United States and Canada over the next few months. It's another blow to the beleaguered retailer just weeks after its half-billion dollar plan to go private was scrapped. ... [additional details]
3322. Was April rock bottom for the economy? New data provides clues... (permalink)
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score: 2, Economy, 2020-05-21 15:06:20, published by CNN
The global economy is facing its worst contraction since the Great Depression. But early economic data indicates that the slump, while historically severe, has eased this month following a brutal April. ... [additional details]
3323. Another 2.4 million Americans filed for unemployment benefits... (permalink)
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score: 2, Economy, 2020-05-21 15:05:51, published by CNN
For the ninth week in a row, millions of Americans filed for initial unemployment benefits. Even as the economy is beginning to reopen in parts of the country, layoffs and furloughs have taken hold of the US labor market. ... [additional details]
3324. Trump's convention threatens to become a flashpoint as North Carolina... (permalink)
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score: 2, Economy, 2020-05-21 14:05:58, published by CNN
The scope and speed of restarting the wounded economy is the latest red-blue divide in American politics, the outcome of which is certain to animate -- and likely influence -- the remainder of the election year. ... [additional details]
3325. New Zealand's PM floats 'four-day week' ... (permalink)
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score: 2, Economy, 2020-05-21 13:06:26, published by CNN
The four-day work week has been touted as a way to improve work-life balance. Now it's getting a boost from New Zealand's leader, who recently raised the idea as one that might help the economy in the wake of the coronavirus pandemic. ... [additional details]
3326. Mortgage delinquencies surge by 1.6M in April, the biggest monthly jump... (permalink)
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score: 2, Economy, 2020-05-21 10:06:47, published by USA Today
Delinquencies among borrowers for past-due mortgages are soaring, a sign that Americans are struggling to pay their bills due to a wave of layoffs or lost income from the coronavirus pandemic.... [additional details]
3327. Coronavirus: Universities fear fall in lucrative overseas students... (permalink)
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score: 2, Economy, 2020-05-21 03:05:29, published by BBC
Education is one of the sectors of the global economy that is being hardest hit by the pandemic. [additional details]
3328. Homeowners are getting mortgage relief they didn't want... (permalink)
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score: 2, Economy, 2020-05-21 02:06:04, published by CNN
As part of its $2 trillion coronavirus aid package, the federal government cleared the way for struggling homeowners to get mortgage relief from lenders. But for some homeowners, the aid may have come too easily. ... [additional details]
3329. Walt Disney's grandson slams company... (permalink)
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score: 2, Economy, 2020-05-20 21:06:28, published by CNN
Another heir of Walt Disney is publicly expressing disgust with the company his grandfather founded for furloughing thousands of workers while continuing to pay its executives millions of dollars and massive bonuses. ... [additional details]
3330. Trump will lose in a landslide because of the economy, election... (permalink)
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score: 2, Economy, 2020-05-20 20:05:54, published by CNN
• View latest 2020 presidential polling • Analysis: Trump has a real shot of winning • Opinion: Trump planned Obama portrait snub ... [additional details]
3331. Is the bear market over? Wall Street isn't so sure... (permalink)
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score: 2, Economy, 2020-05-19 22:06:09, published by CNN
America's stock market is signaling the economy will rapidly recover from the coronavirus crisis. ... [additional details]
3332. No one should die to boost economy, Mnuchin says in hearing... (permalink)
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score: 2, Economy, 2020-05-19 19:06:01, published by CNN
• Where your state stands on flattening curve • Republicans pump brakes on new coronavirus stimulus spending ... [additional details]
3333. Opinion: The entire economy will sink if the government doesn't... (permalink)
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score: 2, Economy, 2020-05-19 17:06:28, published by CNN
More than a million state and local government jobs have been lost since the Covid-19 crisis began. These jobs include police officers and firefighters, health care workers, emergency responders, social service providers and teachers. Millions more of these workers and the critical services they pro... [additional details]
3334. A US-China trade war is the last thing the world economy needs... (permalink)
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score: 2, Economy, 2020-05-19 15:06:36, published by CNN
Mutual blame over the coronavirus pandemic has reignited tensions between the United States and China, threatening to break what was already a fragile truce on trade between the world's biggest economies. ... [additional details]
3335. Stocks rebound as positive Moderna vaccine trial boosts optimism for economic... (permalink)
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score: 2, Economy, 2020-05-18 17:06:55, published by USA Today
Stocks bounced back Monday on optimism the U.S. economy may start to recover from the coronavirus pandemic after drugmaker Moderna released promising early results for a vaccine.... [additional details]
3336. Opinion: Your credit score shouldn't drop because of coronavirus... (permalink)
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score: 2, Economy, 2020-05-18 17:06:24, published by CNN
For tens of millions of Americans thrown out of work in the Covid-19 economic shutdown, it's not clear where money to pay the rent or the mortgage, the electric bill or the car loan will come from. While the stimulus checks and expanded unemployment benefits Congress has offered so far are a lifelin... [additional details]
3337. We're already in a Great Depression... (permalink)
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score: 2, Economy, 2020-05-18 14:06:21, published by CNN
Instead of an imagined "tradeoff" between reviving the economy and safeguarding health, President Donald Trump's policies are delivering both a great depression and tens of thousands of deaths at the same time. That's because a tradeoff between economy and health doesn't exist, except in Trump's fa... [additional details]
3338. Police make Asia's biggest drug bust in decades, seizing 200 million... (permalink)
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score: 2, Economy, 2020-05-18 13:05:56, published by CNN
Myanmar police have made Asia's biggest drug bust in decades, seizing hundreds of millions of dollars worth of contraband including "unprecedented" amounts of methylfentanyl, a chemical used to make a dangerously potent synthetic opioid. ... [additional details]
3339. Japan just fell into recession... (permalink)
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score: 2, Economy, 2020-05-18 06:06:04, published by CNN
Japan's economy has entered recession, and the coronavirus pandemic will likely make things even worse. ... [additional details]
3340. Japan's economy slips into recession amid coronavirus woes... (permalink)
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score: 2, Economy, 2020-05-18 05:05:07, published by BBC
The world's third biggest economy has fallen into recession for the first time in more than four years. [additional details]
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