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The US economy has fallen into a recession because of the Chinese virus pandemic that will make for a “brutal” three months ahead, Bank of America warned Thursday. The bank expects the nation’s gross domestic product to plunge a record 12 percent in the second quarter of this year after meager growth of 0.5 percent …
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Several employees at Goldman Sachs’ New York headquarters are believed to have contracted the novel coronavirus, according to two sources, making it the latest Wall Street bank whose staff have been affected by the pandemic. Over the past two weeks, employees at JPMorgan Chase, Morgan Stanley, Barclays and BlackRock have all reported confirmed cases among …
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JPMorgan Chase is closing about a fifth of its bank branches to help contain the spread of COVID-19. The finance giant will shutter about 1,000 Chase bank locations temporarily, according to a memo sent to employees Wednesday. The roughly 4,000 other branches will reduce their operating hours starting Thursday. The bank is trying to balance …
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The “America’s Next Top Model” host is postponing the opening of Modelland, a theme park opening in Santa Monica, Calif., amid the current Chinese virus outbreak
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When Keith Urban was forced to cancel his Houston show because of the coronavirus, the country singer surprised his fans with a live-streamed concert from his basement. Urban’s wife, Nicole Kidman, joined the crooner and his collaborator, Jeff Linsenmaier, for theshow that was taped in their Nashville home. Kidman, 52, posted a selfie from their …
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In early President Donald days, then-White House strategist Steve Bannon took over like a jug of Lysol. His mantra? Clean, vacuum, disinfect the swamp. In quick time, however, Bannon soon mounted up and rode off into the sunset. He and DJT still communicate. He informed the president — in January — about this killer virus. …