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USA Today publisher Gannett announced a series of pay cuts and mandatory furloughs on Monday in the latest economic fallout from the coronavirus crisis. Gannett executives will take a 25 percent pay cut and CEO Paul Bascobert will forgo his salary entirely until the pay reductions and furloughs cease and […] Payday lenders have started to suspend new loans and tighten lending rulesbecause of fears that low-income borrowers will not be able to afford repayments during the coronavirus crisis. Doorstep lender Morses Club became the latest high cost creditor to withdraw loans for new customers on Monday. It comes nearly a […] US unemployment claims soar as coronavirus slams economy Last week’s jobless claims hit a record-breaking 3.28 million. FOX Business’ Lauren Simonetti with more. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below The coronavirus has hit the U.S. economy […] Coronavirus stimulus checks to be sent 3 weeks from today FOX Business’ Edward Lawrence gives a timeline of when Americans will start receiving money now that the House has passed the coronavirus spending bill. As the coronavirus pandemic threatens to crush small businesses across the country, the Small Business Administration […] The central bank advanced its monetary policy committee meeting and voted for sizable reduction for policy rate. In view of the COVID-19 pandemic, the Reserve Bank of India has reduced the repo rate by 75 bps to 4.4% on Friday. The central bank advanced its monetary policy committee meeting and […] Policymakers of the Bank of England unanimously decided to hold the interest rate at a record low and asset purchase programme and signaled further easing if required. The bank also noted risk of longer-term damage to the economy from the coronavirus, or covid-19 outbreak. At the regular policy meeting, the […] Amazon, Walmart, Target and others will survive coronavirus: Former Toys R Us CEO Former Toys ‘R’ Us CEO Gerald Storch and The Cow Guy Group founder Scott Shellady discuss the economic impact of the coronavirus and potential bailouts. Target Corp said on Wednesday it saw a more than 50% rise in […] Halifax, the UK’s biggest mortgage lender, has withdrawn the majority of the mortgages it sells through brokers, including all first-time buyer loans, citing a lack of “processing resource”. In a message sent to mortgage brokers this morning, Halifax said it would no longer offer any mortgages with a “loan-to-value” (LTV) […] Curaleaf Holdings Inc. said it has received an ‘Essential Services Designation’ in key markets, allowing its medical dispensaries to remain open during the COVID-19 outbreak. The Massachusetts-based cannabis company added that it will hire across its retail, cultivation and processing facilities. In addition, Curaleaf said it will acquire three Arrow […] Does Bloomberg’s big money support for Biden look bad for Democrats? Bloomberg 2020 senior adviser Bradley Tusk discusses Mike Bloomberg’s debate performance and the former mayor’s support for Joe Biden. Former campaign staffers for Mike Bloomberg filed a class-action suit against the billionaire former presidential candidate for fraud, arguing that […]
USA Today publisher unveils employee pay cuts, furloughs
UK payday lenders start suspending new loans in Covid-19 crisis
Applying for unemployment because of coronavirus? Here’s how in all 50 states
What is a bridge loan?
Reactions to RBI policy announcement
BoE Holds Rate, QE; Sees Risk Of Longer-Term Damage From Covid-19 Outbreak
Coronavirus boosts Target's sales of essential goods as panicked shoppers stock up
Halifax withdraws majority of mortgages
Curaleaf Gets Essential Services Designation; To Buy Three Dispensaries
Bloomberg sued by ex-field organizers over stiffed pay
