Abigail Disney told CNBC on Thursday that it does not understand Walt Disney’s decision to reopen his company’s theme parks in Florida, a state that is watching coronavirus cases soar. “I am not seeing the same information that they are seeing, but given what I know … I am confused …
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The number of Americans applying for unemployment benefits increased more than expected last week, as the country continues to grapple with the economic impacts of the coronavirus pandemic. Weekly initial jobless claims reached 1.3 million for the week ending July 11, the Labor Department said Thursday. Economists surveyed by Dow …
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A JetBlue Airways Embraer 190 passenger cabs on the tarmac at New York’s LaGuardia Airport. Robert Alexander | fake pictures American Airlines and JetBlue Airways team up again. The airlines, which ended a similar partnership in 2014, unveiled a new alliance on Thursday that will allow them to sell seats …
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Retail sales in the United States increased more than expected in June, but the budding economic recovery is threatened by a resurgence of new Covid-19 infections and high unemployment. The Commerce Department said Thursday that retail sales increased 7.5% last month. That was above the 18.2% jump in May, which …
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China is unlikely to use its currency aggressively as a tool against the United States, even if tensions continue to rise between the two economic giants, chief economist at Morgan Stanley told CNBC. “I think another trend is emerging … China does not want its currency to be so volatile, …
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