U.S. ISM Factory Orders, Labor Gauges Are Weakest Since 2009

Orders and employment at U.S. factories contracted in March at the quickest pace in 11 years as producers grappled with pandemic-related demand destruction, Institute for Supply Management data showed Wednesday. The purchasing managers group’s gauge of bookings tumbled 7.6 points to 42.2, the lowest since March 2009, while its employment […]

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Macy's booted from S&P 500

Coronavirus leads Macy’s to drop from S&P 500 Amid coronavirus store closures, Macy’s market cap has decreased so much it will be removed from the S&P 500. FOX Business’ Lauren Simonetti with more. Macy’s will be removed from the benchmark S&P 500 index, the S&P Global Indices said on Tuesday […]

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Small businesses fear they won't survive the pandemic

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. London (CNN Business)The first quarter of 2020 was the worst three months for stocks since the global financial crisis. And it’s hard to say whether April through […]

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Companies meet coronavirus-driven demand with trade war stockpiles

Small businesses can determine coronavirus relief eligibility with online calculator StreetShares CEO Mark L. Rockefeller discusses the development of businessreliefcalculator.org, an online tool that helps small businesses determine coronavirus relief eligibility. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below […]

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