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J.C. Penney Will Skip $12 Million in Bond Payments, Indicating Stress in Debt Market.
Trusted Professional
Retailer J.C. Penney said that it will skip some $12 million worth of bond payments because it's trying to stay alive,…
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$1,200 Stimulus Payouts Marred by Glitches, Delays
NextGen
This article was updated on April 20, 2020. The Washington Post MarketWatch USA Today the New York Times private debt…
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Government Reports 5.25 Million New Jobless Claims
Trusted Professional
The U.S. Department of Labor Bloomberg Wall Street Journal job loss is spreading U.S. Federal Reserve CNBC Previous analysis
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Academic Suggests Corporations Taking Money Not In Line WIth Capitalism
NextGen
NYU business professor Scott Galloway suggested that massive programs meant to support large corporations are essentially…
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$1,200 Relief Payments Begin Amid Concerns Over Execution
Trusted Professional
Americans have begun receiving their $1,200 pandemic relief payments, and while this will be a balm to many, there remain…
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Virtual Meetings Marginalize Women for Same Reasons as In-Person Ones
NextGen
a New York Times article notes
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Recent Fed Actions Bring New Seriousness to Modern Monetary Theory
Trusted Professional
The U.S. Federal Reserve over the past few weeks has been pumping trillions of dollars into the economy to prop up sagging…
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Markets Lose Yesterday's Gains as Retail Sales Drop by 8.7% and Bank Profits Tumble
Trusted Professional
Markets seem to have lost yesterday's confidence, as major indicies sharply contracted today on grim news regarding retail…
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Political Consulting Firms Say They Too Are Small Firms, Deserve CARES Loans
Trusted Professional
The trade industry group representing political consultants has filed suit against the federal government, saying that they…
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