KEY POINTS Some malls are expected to close as a result of the coronavirus while others plan to convert retail space to more experiential venues Macy’s already had planned to close 125 stores through 2022 and slash its corporate ranks It’s mall traffic is down as much as 48% compared […]
recover
Despite a shift to work from home, the office market will recover in this many years
An estimated 10% of workers are expected to work from home long-term even after the coronavirus pandemic, compared to only 5% before the pandemic. The shift to remote work is expected to have long-lasting impacts on office usage, but experts say there’s still hope. Economic and population growth in the […]
Hungary extends loan moratorium as economy struggles to recover from pandemic
By Krisztina Than © Reuters/BERNADETT SZABO FILE PHOTO: Hungarian Finance Minister Mihaly Varga speaks during a business conference in Budapest BUDAPEST (Reuters) – Hungary will extend a moratorium on loan repayments for some households and companies until the middle of 2021, as its finance minister warned the economy could struggle […]
Economists expect Shreveport-Bossier to recover some, but not all, jobs in 2021 and 2022
Shreveport-Bossier City likely won’t see full job recovery from COVID-19 until 2023, LSU business professor emeritus of economics Loren Scott said Wednesday. Click to expand UP NEXT Scott spoke virtually on the Louisiana Economic Outlook he produces annually with his co-author LSU professor Greg Upton. The Port of Caddo-Bossier and Committee […]
Coronavirus Vaccine Stocks Poised To Recover From Recent Sell Off?
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BRAZIL – 2020/03/24: In this photo illustration a Moderna logo seen displayed on a smartphone. … [+] (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Our indicative theme of Coronavirus Vaccine stocks – which includes a diverse set of U.S. based pharma and biotech […]
Who has better plan to recover jobs destroyed by COVID-19
CLOSE Despite a rise in first time unemployment claims and a second dismal economic report, President Trump touted his economic stewardship at a small rally near the birthplace of his political rival, Joe Biden. (Aug. 20) AP Domestic At their political conventions this month, President Donald Trump and former Vice […]