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Stocks rose for the third straight day on Thursday to recover 20 percent of losses since reaching record highs in early March, buoyed by Senate approval of a $2 trillion economic aid package to counteract the effects of the Wuhan coronavirus pandemic. The Dow Jones Industrial Average finished Thursday at 22,552.17 points, up 6.4 percent …
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Like many of us, Reese Witherspoon is currently under self-quarantine with her family, taking to Miley Cyrus’ “Bright Minded” Instagram Live show to dish on how she, husband Jim Toth, 20-year-old daughter Ava, and sons Deacon and Tennessee have managed to co-exist peacefully 24 hours a day. “I definitely have good days and bad days,” …
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Federal Reserve Chairman Jerome Powell said Thursday the country could already be in a recession, but that it was unlike a typical downturn because the economy was so strong before the coronavirus pandemic sent the markets into a tailspin and unemployment soaring. “We may well be in a recession. But I would point to the …
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While many fans are in an uproar about one of Kristin Cavallari‘s recent social media posts, the reality star seems to be getting the last laugh. The 33-year-old “Very Cavallari” star took to Instagram on Wednesday to announce her new platform to reach fans with a photo of herself in a bikini and an interesting …
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Agricultural and heavy equipment makers are in for a rough year as the virus pandemic delivers a sting to an industry trying to recover from a trade war. Jefferies analyst Stephen Volkmann slashed his earnings forecast for Caterpillar and Deere because of a series of abrupt production closures and the broader economic shutdown. Both companies …
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Selena Gomez will donate some of the proceeds from her tour merchandise sales to benefit the fight against the coronavirus pandemic. “For every purchase of the new Dance Again merch in my store, a portion of proceeds will benefit the MusiCares COVID-19 Relief Fund,” the 27-year-old singer wrote on Instagram on Thursday. “It feels a …
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As workers across the globe face layoffs and furloughs, a few sectors, like those in the food industry, need to hire as demand for their services surges. Grocer Stop & Shop, for example, will hire at least 5,000 new associates for regular part-time positions in its stores, distribution centers and delivery operations across New York, …
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Five weeks ahead of its intended launch, Nicole Kidman‘s HBO limited series “The Undoing” has been pulled off of the pay cabler’s spring schedule due to the coronavirus pandemic. In a statement to TVLine, an HBO rep confirms, “In light of current events… ‘The Undoing’ will now debut this fall.” The six-episode thriller was originally slated …
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Morgan Stanley and Citigroup have hit pause on layoffs as the coronavirus pandemic has led to a record level of unemployment claims and unprecedented economic uncertainty, according to sources. On Thursday, Morgan Stanley pledged to not cut any jobs this year, according to a memo seen by Reuters, as the Wall Street bank sought to …
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They’ve got a knack for comedy. New Wave darlings the Knack released a coronavirus-themed “My Sharona” video Thursday with a hilarious video filmed at home during lockdown. Sadly, it’s not a full-on “Weird Al” Yankovic-style parody — and don’t hold your breath for him to make one, either. Instead, guitarist Berton Averre shows folks how …