Shares in heavily-shorted mortgage provider Rocket Companies surged on Tuesday and were set for their third straight day of gains as the stock drew interest on Twitter and Reddit’s popular WallStreetBets.
When most people decide to step foot in the trucking business, they are unaware of the pros and cons of becoming a part of this industry. In most cases, business owners fail when they don't understand the importance of the depth of this industry.
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U.S. stocks climbed higher on Monday, with the Nasdaq setting a new closing high, adding to Friday's gains spurred by a surprising jobs report that buoyed traders' hopes for a quicker recovery from the covid-19 pandemic.
Americans are expected to wrack up more than $140 billion in credit card debt before the end of the year as a result of the coronavirus pandemic that has seen record layoffs and double-digit unemployment rates.
U.S. retailers were hard hit by coronavirus pandemic closures, especially clothing retailers who essentially lost the spring season and early summer clothing sales.
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With its North American stores closed because of the coronavirus pandemic, Gap Inc. (GPS) warned of financial uncertainty as it skipped rent payments and saw its cash flow dwindle.
More meat processing plants have closed due to employees due to coronavirus infections. JBS closed one plant while Hormel Foods (HRL) shut down two subsidiary plants.
With grocery stores across the U.S., reducing their hours to deal with the onslaught of customers during the coronavirus pandemic, one grocery chain is bucking the trend and opening some of its stores for 24 hours.
