L.A. HEALTH DEPT. STOPS RESTAURANT’S GROCERY SALES … Sorry, Gotta Get Approved For That!!!
A popular restaurant forced to close its normal business due to coronavirus guidelines, transitioned into a pop-up grocery store, but the health department put the kibosh on that too … and the restaurant’s pissed.
Trump signs historic $2 trillion stimulus after Congress passes it Friday
President Donald Trump signed into law Friday afternoon a historic $2 trillion stimulus package as the American public and the US economy fight the devastating spread of Covid-19.
Senate passes historic $2 trillion stimulus package to curb effects of coronavirus
WASHINGTON – The Senate approved its largest emergency aid package in modern history that will offer $2 trillion to help Americans, hospitals and businesses weather the effects of the coronavirus. The vote late Wednesday night was 96-0.
US retail sales climb in December, and November sales were revised up
U.S. retail sales rose for a third straight month in December, with households buying a range of goods even as they cut back on purchases of motor vehicles, which could strengthen the view that the economy maintained a moderate growth pace at the end of 2019.
Tessa Thompson Talks Her Love For Nostalgic Pieces And The Importance Of Supporting Small Businesses with Essence.
While not everyone is able to become an American Express Platinum Member, the company is curating conscious projects to make sure there is support for underrepresented businesses. On Saturday, the credit card conglomerate threw its first-ever Platinum House in New York City hosted by actress Tessa Thompson. Thompson is an avid supporter of small businesses especially through her fashion choices where she’s likes to incorporate pieces from Black or POC designers.
Why did US recession fears rise again and scare the stock market on Tuesday?
The American consumer has been propping up the U.S. economy, but fears deepened Tuesday that the troubled U.S. manufacturing sector could ultimately drag it down.
Factory activity shrank at the fastest pace in a decade last month amid the U.S.-China trade war and slowing global growth, driving stocks lower and reviving recession fears.
Those forces also led the World Trade Organization on Tuesday to sharply lower its forecast for global trade growth this year to 1.2%. That’s down from its 2.6% estimate in April and a gain of 3% last year.
A closely watched index of factory activity dropped to 47.8 in September from 49.1 the prior month, according to the Institute for Supply Management. That’s below the reading of 50 that economists expected and reflects a contraction in the sector for the second straight month. An index above 50 means expansion while below means contraction.