CNBC’s Jim Cramer reviewed 10 stocks on Tuesday that have made surprising gains during the current economic downturn that he said would slow the market in a normal recessive environment. At the close on Tuesday, the S&P 500 has fallen 0.38% so far this year. “Entering the pandemic-induced recession, I …
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People wear protective face masks outside of Starbucks in downtown as the city moves to Phase 2 of reopening after restrictions imposed to curb the coronavirus pandemic on June 23, 2020 in New York City. Noam Galai | fake pictures Starbucks suffered losses during its fiscal third quarter, as its …
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As coronavirus cases in the United States increase and many states relocate food indoors, restaurant transactions have stagnated. The NPD Group tracks transactions at 75 restaurant chains that account for more than half of total commercial restaurant traffic in the United States. According to their data, the US restaurant industry …
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Ryan German has kept 40 employees working at his restaurant, Caffe Gelato, in Newark, Delaware. The Paycheck Protection Program provided a lifeline to help you through an unprecedented spring when the coronavirus pandemic swept the country. The loan, now exhausted, covered seven weeks of payroll. But the restaurant faces an …
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Planet Fitness CEO Chris Rondeau proposed gyms as “part of the solution” to the coronavirus pandemic, with fitness and exercise helping to combat problems like obesity and cardiovascular disease. Rondeau told “Sqwak Alley” that fitness should be viewed as a healthcare sector, since exercise can help minimize or alleviate health …
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