Editor’s Picks

Half Of Mall Department Stores Expected To Close By Next Year

Half Of Mall Department Stores Expected To Close By Next Year
Half Of Mall Department Stores Expected To Close By Next Year
April 29, 2020  |  Retail

Long before the coronavirus struck, brick-and-mortar stores faced extinction by a combination of eCommerce and bankruptcies. Get the Full Story Complete the form to unlock...

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Pollo Tropical, Taco Cabana Parent Gives Back Small Business Aid; Treasury Aims To Have PPP Funds Given To Larger Firms Returned
Pollo Tropical, Taco Cabana Parent Gives Back Small Business Aid; Treasury Aims To Have PPP...
April 29, 2020  |  Loans

The coronavirus pandemic is disrupting businesses large and small. While the Paycheck Protection Program (PPP) was intended to help small- to medium-sized businesses (SMBs) weather...

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Treasury Chief Mnuchin: Stimulus Checks Not For the Dead
Treasury Chief Mnuchin: Stimulus Checks Not For the Dead
April 29, 2020  |  Economy

Treasury Secretary Steve Mnuchin says $1,200 stimulus checks from the government were sent in error, and relatives and family members should return the money. Get...

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US Pending Home Sales Drop Almost 21 Pct As Buyers Stay Home
US Pending Home Sales Drop Almost 21 Pct As Buyers Stay Home
April 29, 2020  |  Real Estate

Pending single-family home sales fell by nearly 21 percent in March compared to February as the economic impact of COVID-19 took its toll on the...

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Powell: Low Rates Stay Until Economy Is On ‘Road To Recovery’
Powell: Low Rates Stay Until Economy Is On ‘Road To Recovery’
April 29, 2020  |  Economy

Federal Reserve Chairman Jerome Powell said Wednesday (April 29) that the Fed will “not be in any hurry to withdraw [monetary stimulus] … until we’re...

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Big Banks Temporarily Shut Out Of SBA’s PPP Loan Portal
Big Banks Temporarily Shut Out Of SBA’s PPP Loan Portal
April 29, 2020  |  Economy

For the first time since a small business loan program was launched, small lenders have been moved to the front of the line. Get the...

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U.S. Government’s ‘Notorious Markets’ Piracy Report Lists Multiple International Amazon Sites
U.S. Government’s ‘Notorious Markets’ Piracy Report Lists Multiple International Amazon Sites
April 29, 2020  |  Amazon

In the “Notorious Markets” report by the Office of the U.S. Trade Representative (USTR) on marketplaces known for issues with privacy and illegitimate goods, multiple...

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Lyft Lays Off 982 Employees, Furloughs 288, Cuts Exec Pay
Lyft Lays Off 982 Employees, Furloughs 288, Cuts Exec Pay
April 29, 2020  |  Ridesharing

Lyft, the San Francisco-based ridesharing company, has laid off 17 percent of its workforce and imposed salary reductions for executives for three months, CNBC reported....

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