Saudi Arabia’s Finance Minister Mohammed al-Jadaan attends the G20 Central Bank Virtual Meeting of Finance Ministers and Governors in Riyadh, Saudi Arabia, on March 31, 2020. Xinhua News Agency Saudi Arabia has pledged to protect its economy while increasing international cooperation as G20 policymakers face increasing pressure to mitigate the …
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The 2008 financial crisis and the economic damage caused by the COVID-19 pandemic are very different, according to BlackRock CEO Larry Fink. “This is an existential problem, so it is beyond a financial crisis that we saw in 2008,” Fink said in an interview with CNBC on Friday. Fink said …
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A pilot speaks on a mobile device near a Delta Air Lines gate at Salt Lake City International Airport. George Frey | Bloomberg | fake pictures Delta Air Lines is seeking to lower the guaranteed minimum wage for pilots, a proposal an airline executive said on Friday that it could …
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WASHINGTON (Reuters) – Housing construction in the US increased in June in nearly four years amid reports of growing demand for housing in suburbs and rural areas, as companies allow employees to work from their homes during the COVID-19 pandemic. FILE PHOTO: A new home construction site is seen in …
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Cruise stocks fell in Friday morning trading, continuing a recession after the CDC extended its order not to sail until September 30. Royal Caribbean fell as much as 4.5%, while Carnival and Norwegian Cruise Line fell 2.9% and 3.8%, respectively. All three companies sank at least 7% in Thursday’s session. …
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