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Financial

Fed’s Loretta Mester says to expect ‘some really bad economic numbers’

Dixie Mar 31, 2020 0

The coronavirus crisis is going to push unemployment past 10{3c4481f38fc19dde56b7b1f4329b509c88239ba5565146922180ec5012de023f}, but it may not be as bad as some forecasts,…

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Business News

AMC CEO hopes theaters will open by mid-June, moviegoers will return

Dixie Mar 31, 2020 0

AMC multiplex movie theater. NicolasMcComber The CEO of the largest theater chain in America is hoping to have locations open…

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Business & Finance

Zoom takes lead over Microsoft Teams as coronavirus keeps Americans at home

Dixie Mar 31, 2020 0

(Reuters) – Zoom Video Communications Inc’s (ZM.O) average user numbers in March were nearly three times that of its nearest…

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Business News

Coronavirus task force holds briefing

Dixie Mar 31, 2020 0

Members of President Donald Trump’s coronavirus task force are expected to hold a press briefing Tuesday to address the growing…

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Business & Finance

U.S. unemployment offices sitting on mountain of pending claims

Dixie Mar 31, 2020 0

WASHINGTON (Reuters) – Last week’s record-setting U.S. jobless claims number will be quickly surpassed, economists and state officials predict, as…

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Financial

Jeffrey Gundlach says the coronavirus sell-off will worsen again in April, taking out the March low

Dixie Mar 31, 2020 0

Jeffrey Gundlach speaking at the 2019 SOHN Conference in New York on May 6th, 2019. Adam Jeffery | CNBC DoubleLine…

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Business News

Grocery and delivery workers demand more coronavirus protection, say pay isn’t enough

Dixie Mar 31, 2020 0

A cashier wears gloves while scanning the groceries of a customer at a Whole Foods in Cambridge, MA on March…

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Business & Finance

Dow sinks, virus pushes it to sharpest quarterly plunge in over three decades

Dixie Mar 31, 2020 0

(Reuters) – Wall Street’s three major indexes tumbled on Tuesday, with the Dow registering its biggest quarterly decline since 1987…

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Financial

Worst first quarter ever for Dow

Dixie Mar 31, 2020 0

The Charging Bull near Wall Street is pictured in New York. Carlo Allegri | Reuters Dow Jones Industrial Average drops…

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Business & Finance

SocGen, Natixis skip 2019 dividends, may consider payments in second half

Dixie Mar 31, 2020 0

FILE PHOTO: The logo of Societe Generale is seen on the headquarters at the financial and business district of La…

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