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Grocery stores like ShopRite have taken drastic measures to help and protect their customers and workers from the coronavirus pandemic — from $2 pay raises to installing plexiglass sneeze guards, and now allowing workers to wear protective masks and gloves. Grocery stores have mentioned Centers for Disease Control and Prevention guidelines in notices on whether …
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US stocks rallied for a third straight day Thursday despite a grim government report showing the coronavirus pandemic has put millions of Americans out of work. The Dow Jones industrial average jumped as much as 1,022.42 points, or 4.8 percent, even after the US Labor Department said more than 3.2 million people filed for unemployment …
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There were over 11 million households in America worth between $1 million and $5 million in February, according to Spectrem Group’s Market Insights Report 2020. That figure — the number of 401(k) millionaires, as they were called — was heralded in many newspapers just a few weeks ago. Now, according to Spectrem, there are half …
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The Fairway name will live on in New York City even as it loses its New Jersey locations to tech giant Amazon. The iconic Big Apple grocer on Wednesday said it wrapped up a bankruptcy auction that included the sale of two New Jersey leases to Amazon for $1.5 million. Amazon’s plans for the stores, …
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Amazon will take over two Fairway Market stores in New Jersey — two fewer than the tech giant had hoped to acquire in a bankruptcy auction that ended on Wednesday, The Post has learned. Sources say Village Supermarket — which operates Shoprite stores and had been the stalking horse bidder for Fairway’s five Manhattan stores, …
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US stocks rallied on Wednesday — notching their first back-to-back gains since last month — as Congress and the White House agreed on a $2 trillion coronavirus stimulus package. The Dow Jones industrial average rose 495.64 points, or 2.39 percent, to 21,200.55 after lawmakers reached an overnight deal for a giant spending package that will …
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The Dow had its best day since 1933, clawing back some of its recent, brutal losses on signs that Congress was nearing a deal for a US stimulus package worth as much as $2 trillion to battle the coronavirus pandemic. The Dow Jones industrial average rose 2,112.98 points, or 11.4 percent, to 20,704.91 as lawmakers …
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US stocks surged Tuesday on signs that Congress is poised to pass a stimulus package worth as much as $2 trillion to offset the economic fallout from the coronavirus pandemic. The Dow Jones industrial average rose as much as 1,528.16 points, or about 7.6 percent, as lawmakers neared a deal with the Trump administration on the rescue …
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US stocks plummeted Monday even after the Federal Reserve threw more lifelines at a national economy facing an increasingly dire threat from the coronavirus pandemic. The Dow Jones industrial average plunged as much as 960.33 points, or 5 percent, despite the Fed’s announcement that it would place no limits on a huge bond-buying program it restarted a …
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The Federal Reserve issued its most aggressive intervention to date to help markets struggling with coronavirus uncertainty to recover, including an expansion into its asset purchases with an unlimited commitment to buy agency mortgage-backed securities, and the establishment of a new loan program for small businesses. “The coronavirus pandemic is causing tremendous hardship across the …
Grocery stores like ShopRite have taken drastic measures to help and protect their customers and workers from the coronavirus pandemic — from $2 pay raises to installing plexiglass sneeze guards, and now allowing workers to wear protective masks and gloves. Grocery stores have mentioned Centers for Disease Control and Prevention guidelines in notices on whether …
