Apparel store sales were the worst on record in April when Signet Jewelers, a billion-dollar jewelry chain, and ANTHOM, a modest boutique in New York […]
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Distressed Real Estate Investment Opportunities Are on The Horizon
In the summer of 2005, David Schechtman — then a bankruptcy lawyer at DLA Piper in New York — was in a small room in […]
The coronavirus is shutting down essential facilities, are the coal mines next?
Erica Stewart’s husband is a coal miner in West Virginia. Every day he goes to work packed shoulder to shoulder with other miners with little […]
PPP loans leave employers with risky debt and workers job insecure
When Manish Patel, the owner of three California beer and burger joints got approved for a Payment Protection Plan loan from the federal government, he […]
Trucking Takes The Long Winding Road Downwards
When COVID-19 first hit, Tali Haleua, founder of Fuelogistics from Salt Lake City, Utah, thought he could get by for a few weeks covering expenses […]
Save, or Spend; what You Do with Your Stimulus Check Could Dictate the Future
When Sarah Harkness landed her first post-college job at a public relations firm in New York City, she was eager to get all the trappings […]
Worst jobs report in history: Furloughed workers are key to a rebound
U.S. employers shed 20.5 million jobs in April, the worst monthly loss in history, underscoring how intensely the coronavirus crisis disemboweled the U.S. economy and […]
April’s jobs report shows highest unemployment rate since the Great Depression
The unemployment rate hit 14.7% in April, the highest ever recorded, and a confirmation that COVID-19 has decimated the U.S. job market. Workers lost 20.5 […]
Five Things to Watch For In Friday’s ISM Report
April 29, 2020 The Institute for Supply Management’s Report on Business releases details on the U.S. manufacturing sector on Friday. Economists estimate that the report […]
From Business as Usual to Unprecedented Circumstances: Five Things to Watch for in March’s Income Report
The Bureau of Economic Analysis will release its March personal income and spending report tomorrow, where both income and spending are expected to plummet. This […]