Fry’s Electronics has decided to shut down its operations and close its business permanently as a result of the COVID-19 pandemic…
Tag: COVID-19 shutdowns
S&P 500 nears record high as U.S. stimulus bets climb
The S&P 500 closed in on its February peak on Tuesday on hopes for more U.S. stimulus., returning to levels prior to the reaction to COVID-19…
U.S. Treasury Sec. Mnuchin: Democrats now ‘willing to compromise’ on COVID-19 stimulus package
Treasury Secretary Steven Mnuchin said Monday that he believes Democrats are “willing to compromise” on a fourth COVID-19 stimulus package…
Nasdaq rises as Apple, other tech stocks gains ahead of earnings
The Nasdaq Composite rose Thursday as shares of Apple and other major tech stocks rose ahead of their earnings releases. The broader market remained…
Stock futures sink as COVID-19 shutdowns cause historic U.S. contraction
Wall Street’s main indexes were set to open lower on Thursday after data showed the economy suffered its steepest contraction since the Great Depression…
COVID-19 closed tens of thousands of businesses – forever
Many U.S. states have been reopening their economies in the wake of extended COVID-19 shutdowns, but businesses across America are still closed — many…
Nasdaq hits record high as COVID-19 shutdown-induced U.S. recession becomes official
An economic recession is a business cycle contraction when there is a general decline in economic activity. In the U.S., it is defined as a significant…