A Dana assembly technician wears a face mask while assembling axles for automakers, as the auto industry begins to reopen amid the outbreak of coronavirus disease (COVID-19), at the Dana plant in Toledo, Ohio, May 18, 2020. Rebecca Cook | Reuters The US economy USA It contracted at a rate …
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Jerome Powell, President of the US Federal Reserve. USA, speaks during a Senate Banking Committee hearing in Washington, DC, USA. USA, Wednesday February 12, 2020. Andrew Harrer | Bloomberg | fake pictures (This story is for CNBC Pro subscribers only). The US financial system. USA It has already been hit …
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An Olive Garden restaurant in Times Square in New York. Richard Levine | Corbis | fake pictures Darden Restaurants reported Thursday that sales at the same store nearly halved during the fiscal fourth quarter, as the closings of soup kitchens from the coronavirus pandemic affected their revenue. But the parent …
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US banking regulators USA They are about to ease the restrictions created after the financial crisis, a fact that triggered a surge in bank stocks on Thursday. Officials with the Federal Deposit Insurance Commission said in a call that they are loosening the restrictions of the so-called Volcker Rule, allowing …
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Airbus SE A321 aircraft with a livery for Delta Air Lines Inc., left and Spirit Airlines Inc. are seen at the Airbus final assembly line facility in Mobile, Alabama. Luke Sharrett | Bloomberg | fake pictures A mosaic of government travel restrictions “is not useful” to revitalize the demand for …
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