Lululemon announced Thursday that it will be paying all of its workers through June 1, whether or not its stores reopen before then amid the coronavirus pandemic.
“From a balance sheet perspective, we are in very good standing,” CEO Calvin McDonald says.
Wall Street traders adapt to working from home as business booms There was considerable trepidation…
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Stocks in Asia Pacific soared in morning trade on Wednesday as investors await the announcement of an enormous stimulus deal by U.S. lawmakers.
Stocks are showing some signs of finding a bottom and markets are looking better with some improvements in credit and buying interest in stocks.
The market has been lifted by the promise of a big stimulus program from Washington and a huge blast of monetary stimulus from the Federal Reserve.
Strategists warn it could be a temporary bottom, and there will be no real bottom until it is clear new coronavirus cases in the U.S. have peaked.
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Millennial debt is rising in these U.S. cities Millennials living in certain U.S. metro areas…
A bona fide selloff took hold Monday on Wall Street after investors spent weeks attempting to come to terms with the potential impact of the COVID-19 outbreak as it spreads in countries outside of China, notably Italy and Iran, threatening to dent global supply chains and economies.
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We have been saying that the world is heading towards a recession since 2015, as the symptoms the caused the last financial crash back in 2008 have never really gone away, and we could see a lot of sticky plasters that were used to prop up housing markets as short-term solutions as opposed to properly addressing the source of the issues to prevent it from happening in the future.
