June 9, 2020
“As the restaurant industry tries to bounce back from the coronavirus pandemic, Dunkin’ is looking to hire 25,000 employees. The coffee chain is launching its first advertising campaign centered on hiring to tout the benefits of working at its restaurants. Dunkin’ said it… Continue Reading…
June 8, 2020
“The Nasdaq Composite became the first of the three major averages to climb back to an all-time high, advancing 2.0%, or 198.27 points, to 9,814.08 on Friday and touching an intraday record of 9,845.69. After tumbling as much as 25% earlier this… Continue Reading…
June 8, 2020
“The Labor Department’s closely watched employment report on Friday also showed the jobless rate falling to 13.3% last month from 14.7% in April, a post World War Two high. But the improvement was unequal, with the unemployment rate for whites… Continue Reading…
May 26, 2020
“Shares of airline companies surged in premarket trading Tuesday, amid growing optimism that air travel will resume shortly. The U.S. Global Jets ETF JETS, 9.49% shot up 8.0%, outpacing the gain in futures ES00, 1.92% for the S&P 500 SPX, 1.90%, which rose 1.9%. Among the more active airline… Continue Reading…
May 12, 2020
“The U.S. economy will come roaring back to life after the COVID-19 pandemic caused the deepest contraction of the post-World War II era, according to one Wall Street strategist… “We will see a V-shaped recovery for two reasons – the historic steepness of the… Continue Reading…
April 10, 2020
“With the S&P 500 surging more than 10% for the week ending April 9 to wrap up its best weekly gain since 1974, investors might be giving more credence to the belief that the worst of the stock market rout is… Continue Reading…
April 8, 2020
“CNBC’s Jim Cramer on Tuesday suggested investors take advantage of the recent market upside to sell some stock and build up some cash for the next dip… A V-shaped recovery happens when a quick decline in economic activity is met by an… Continue Reading…
March 24, 2020
“Activist investor Bill Ackman said he has made a “recovery bet” on the economy, investing $2.5 billion in equities, including upping his positions in several of his portfolio companies and reinvesting in others like Starbucks Corp… Ackman said his hedge… Continue Reading…
March 10, 2020
“Markets in Asia and Europe staged a recovery Tuesday, and the Dow soared 800 points a day after novel coronavirus fears and an oil price war sparked a worldwide panic… The Dow (INDU) soared 3.3%. The S&P 500 (SPX) rose 2.9% and the Nasdaq (COMP) was up 2.7%.JPMorgan equity strategists… Continue Reading…
November 18, 2019
“A combination of easing trade tensions and easier monetary policy will lift global growth from the first quarter of 2020, according to economists at Morgan Stanley… “A 1Q20 recovery is on the cards,” the U.S. bank’s economists led by Chetan Ahya wrote in… Continue Reading…
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