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Business

“Target to cut LGBTQ Pride month products from some stores after backlash: Bloomberg”

“Target is planning to cut LGBTQ-themed merchandise from some of its stores during Pride Month this June, Bloomberg News reported on Thursday, after a backlash hit sales of the retailer last year… Target is likely to stock the products in about half… Continue Reading…

Economy

“U.S. Economy May Have Hit the Coronavirus Bottom”

“As the calendar turns to May, we’re likely to see a slow return of growth for some types of economic activity that were wiped out by the coronavirus shutdowns in March and April. That’s the good news. The bad news… Continue Reading…

Economy

“…World’s Richest Gain $1.2 Trillion”

“…the richer they were at the start of the year, the richer they got. The world’s 500 wealthiest people tracked by the Bloomberg Billionaires Index added $1.2 trillion, boosting their collective net worth 25% to $5.9 trillion… Leading the 2019… Continue Reading…

Banking, Business, Economy

“The federal budget posted a record monthly deficit in February”

“The U.S. posted its largest monthly budget deficit on record in February with a gap of $234 billion, breaking the previous $231.7 billion mark set in February 2012, Bloomberg reports. The big picture: According to Treasury data released Friday, the… Continue Reading…