Edwards: "The Fed Should Lose Its Independence" For Steering The US To Its Next Crisis

Italian fashion group Dolce & Gabbana will lose out "a lot" this year, after the coronavirus emergency, founders Domenico Dolce and Stefano Gabbana said on Thursday......»»

A Washington Post-Ipsos poll found that Hispanics and blacks are more likely than whites to lose their jobs during the economic shutdowns, deepening the divide in how different racial and ethnic groups are experiencing the crisis......»»

Severe demand shocks emanated from coronavirus-led lockdowns, ample supplies and storage crisis caused oil price rout lately. These sector ETFs could win/lo.....»»

U.S. restaurants asked Congress for more financial aid on Monday to help weather the coronavirus crisis ravaging the industry, saying they are on track to lose $240 billion by the end of 2020......»»

U.S. restaurants are on track to lose $50 billion in April, with losses mounting to an estimated $240 billion by the end of 2020, as the coronvirus crisis ravages the industry, according to a National Restaurant Association survey released Monday......»»

U.S. restaurants are on track to lose $50 billion in April, with losses mounting to an estimated $240 billion by the end of 2020, as the coronvirus crisis ravages the industry, according to a National Restaurant Association survey released on Monday......»»

JetBlue Airways Corp. was told by the U.S. Department of Transportation that the airline must keep flying to U.S. airports or risk losing federal coronavirus crisis payroll assistance. The New York-based airline (Nasdaq: JBLU) requested that it be allo.....»»

Poaching is surging across Africa as tourism and crucial funding plunge. Conservation areas can no longer afford to pay security and park rangers amid the coronavirus crisis. CBS News foreign correspondent Debora Patta reports from Johannesburg......»»

The Federal Reserve is working to keep credit flowing in the U.S. and beyond as businesses shut down and millions of workers lose their jobs during the coronavirus crisis......»»

‘Low-income renters, especially those who lose employment during the crisis, will have a hard time paying back rent.’.....»»

The latest U.S. government data shows the retail industry lost 46,200 jobs in March to furloughs and layoffs, but the cuts will be much deeper as the crisis wears on, research from the National Retail Federation shows......»»

From how to think about the stock market to what to do if you lose your job, here’s what you need to know about coronavirus and the economy......»»

The economic crisis spawned by the coronavirus pandemic has produced a wave of grim U.S. data, with likely more to come as millions lose jobs, businesses shutter and spending stops......»»

A record 3.28 million people filed for unemployment insurance last week as the coronavirus locked down business activity across the U.S., raising the possibility that millions could lose health coverage during a global crisis......»»

Several million Americans have already been laid off or furloughed because of the coronavirus crisis — and millions more may lose their jobs in the weeks ahead......»»

Australia's Westpac Banking Corp named a former Barclays boss as chairman on Thursday, entrusting veteran banker John McFarlane with the task of steering it through the country's biggest money-laundering scandal......»»

Shares in The McClatchy Co. fell 65% on Friday to close out a week when the publisher of The Charlotte Observer disclosed a large third-quarter loss and warned of a potential liquidity crisis next year. Through all of last week, McClatchy (NYSE: .....»»

Courtesy of Rent the Runway Rent the Runway's supply-chain crisis has set off a wave of customer complaints over delayed and canceled clothing rentals.  The company could lose $2.7 .....»»

Veuer’s Elizabeth Keatinge tells us about high turnover rates in the fast food industry as workers are replaced by technology......»»

Less than a week after we suggested The IMF is in for humiliation over the collapse of Argentina - just months after its unprecedented $56 billion liquidity crisis bailout - it appears the South Americ.....»»