by Troy S. Mason | Jun 23, 2020 | Business News
High-end fashion stores on New York’s Fifth Avenue used to play the role of a showroom, where shoppers could browse through curated racks of clothes with a glass of champagne. However, with shopping at a near standstill and in-store sales hovering at zero, that prime real estate is becoming a drag on retailers’ balance sheets. […]
by Troy S. Mason | Jun 20, 2020 | Business News
Tempe, ARIZONA — Mill Avenue, a bar crawl hot spot for locals and Arizona State University students, has come back to life in recent weeks except for one fixture: the Mill Cue Club. That changes on Friday. Dennis Alexander is preparing to reopen his night club Friday...
by Troy S. Mason | Jun 17, 2020 | Business News
Wall Street rallied again on Tuesday, after positive retail sales data boosted confidence in a swifter economic recovery, and a drug trial showed “breakthrough” results for COVID-19 treatment. The Dow Jones Industrial Average traded higher by around 850...
by Troy S. Mason | Jun 12, 2020 | Business News
U.S. stocks dropped sharply on Thursday as investors weighed sobering economic forecasts and new data, along with indications that the COVID-19 pandemic is far from subsiding. The Dow Jones Industrial Average closed down 1,861 points, or 6.9 percent, and the S&P...
by Troy S. Mason | Jun 11, 2020 | Business News
More than 1.5 million people filed for unemployment for the first time last week, according to data released Thursday by the Department of Labor. The jobless claims add to a devastating run of economic data that has shown the number of Americans continuing to apply...
