The number of people filing for unemployment benefits last week was higher than expected, raising concerns about the state of the economy as lawmakers struggle to move forward on a new coronavirus incentive package. The Department of Labor said initial unemployment claims for the week ending August 15 came to …
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The headquarters of Alibaba Group Holdings Ltd. will be lit at night ahead of the annual November 11 Singles’ Day online shopping event in Hangzhou, China, on Sunday, November 10, 2019. Qilai Shen | Bloomberg | Getty Images The post-coronavirus retail industry will benefit greatly from the online shopping trends …
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A man walks through the subway sign on Wall Street on March 23, 2020 in New York City. Angela Weiss | AFP | Getty Images Futures contracts tied with major U.S. stock indices ticked lower at the start of extended trading Wednesday night. Dow Jones futures hit 4 points at …
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People are usually standing outside the Apple store on Fifth Avenue when New York City enters Phase 2 from reopening following restrictions imposed on the conversion of the coronavirus pandemic on June 30, 2020. Noam Galai | Getty Images Apple is one of the big tech engines pulling the market …
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A man walks outside a Walmart in China. Tomohiro Ohsumi | Bloomberg | Getty Images Walmart’s online shopping strategy pays off in China, probably one of the most developed e-commerce markets in the world. The giant discount trade reported on Tuesday that net sales of e-commerce in China grew 104% …
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