You Searched For "recession 2020" and got 20 results
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1 min read
14 successful companies that started during US recessions
Yet some of today's biggest, best-known companies, such as Hewlett-Packard, Microsoft, and Trader J…
Matthew Wilson
Apr 20 2020 21:34 IST
2 mins read
McDonald's CEO says customers are more worried about the economy than public health, as the fast-food giant braces for the looming recession
McDonald's CEO Chris Kempczinski said that customers are more worried about the economy than public…
Kate Taylor
Jul 28 2020 18:43 IST
4 mins read
4 jarring signals that show the US economic recovery is weakening
Several cities have reinstated lockdown measures to curb the coronavirus's spread. Yet the restrict…
Ben Winck
Nov 19 2020 16:51 IST
2 mins read
'All bear markets include false rallies': Citi warns stocks have further to fall during the coronavirus pandemic
Citibank is bracing for a V-shaped recovery once markets do recover although this is likely to be a…
Saloni Sardana
Apr 22 2020 17:30 IST
2 mins read
Traders are using giant supertankers to store 160 million barrels of oil as the coronavirus torpedoes demand
60% more oil is being stored at sea in oil tankers than the previous record high during the 2009 fi…
Saloni Sardana
Apr 26 2020 20:14 IST
2 mins read
BANK OF AMERICA: The US economic recovery will come in 'fits and starts' and feel like we're still stuck in recession
The US is in the middle of the second, or transitionary, phase after the initial shutdown. The last…
Ben Winck
May 11 2020 17:46 IST
2 mins read
A 2nd wave of US virus cases will plunge the economy into a depression, Moody's economist warns
The US economy sits in "quicksand" until a vaccine can reverse the damage done to consumer confiden…
Ben Winck
May 11 2020 13:26 IST
2 mins read
'Ferocity not previously seen in recent history': US economic output plunged the most since 2009 in April as the coronavirus lockdown spread
Service sector output, which accounts for two-thirds of the economy, plunged to 27 from 39.8. Manuf…
Ben Winck
Apr 23 2020 15:51 IST
1 min read
The Chicago Fed's top economic index suggests the US entered a recession in March
The index's three-month moving average slid to -0.32, nearing the -0.7 threshold the bank associate…
Ben Winck
Apr 26 2020 21:13 IST
3 mins read
The man behind the market's favorite recession indicator says his model still works, even as it says everything is fine in the middle of a global economic meltdown
Harvey Campbell said the yield curve is no longer inverted because the curve is predicting a recove…
Saloni Sardana
Apr 19 2020 13:46 IST
3 mins read
Trucking has been in a recession since late 2018 — and the coronavirus is just the latest slam on some of America's most vulnerable workers
"More than anything, recessions matter because of the scale of disruption they cause for people's l…
Aaron Terrazas
May 31 2020 14:45 IST
3 mins read
Valentino sues NYC landlord to exit 15-year Fifth Avenue store lease, alleging that the once prestigious shopping area is no longer 'workable' as a luxury shopping destination
Valentino is the latest retailer to sue its landlord in order to terminate an expensive lease in ce…
Mary Hanbury
Jun 22 2020 17:20 IST
2 mins read
'Bears are out for blood': Oil plunges 21% to a 2-decade low as coronavirus shatters demand
The WTI price for May delivered had touched as low as $14.47 on Sunday before slightly recovering t…
Saloni Sardana
Apr 26 2020 18:30 IST
2 mins read
Millennial workers have been hardest hit by pandemic pay cuts
Millennials fared the worst in terms of pandemic pay cuts, a Magnify Money study found. But more th…
Hillary Hoffower
Dec 06 2020 13:49 IST
6 mins read
These 4 economic signals suggest the COVID-19 recovery is losing steam as cases spike
Signs of leveling off or declines can be seen in high-frequency indicators that track workers and c…
Carmen Reinicke
Jul 11 2020 13:02 IST
2 mins read
Local coffee shops are being forced out of business by the pandemic — and Dunkin' wants to cash in on their demise
Dunkin' is planning on cashing in on the demise of local coffee shops across America.
Kate Taylor,Irene Jiang
Jul 30 2020 14:33 IST
2 mins read
Markets need to accept that it could take more than 2 years to get back to normal, a senior Citi banker warned
Markets may also be underestimating the risk of a second wave of coronavirus infections, Citi's Dav…
Saloni Sardana
Apr 20 2020 17:56 IST
3 mins read
Economists expect Friday's jobs report will show the labor market recovery is losing steam as the coronavirus crisis persists
"There's just a huge range of uncertainty about the topline number that we'll see on Friday," said …
Carmen Reinicke
Aug 06 2020 14:26 IST
3 mins read
The US economic recovery could take 4 years after government relief efforts come up short, Guggenheim's Scott Minerd says
Lockdowns will be reversed gradually, but areas hit hardest by coronavirus might not reach peak act…
Ben Winck
Apr 27 2020 19:58 IST
1 min read
US business debt surged a record 19% in the first quarter as companies braced for economic fallout
A jump in loans and corporate bond issuance pushed total US nonfinancial business debt to $16.8 tri…
Carmen Reinicke
Jun 11 2020 18:47 IST