Consumer sentiment plunged 19% in April. Yet the stock market is up. What do these contrasting trends mean? The launch of HBO Max. The future of manufacturing. In buildings closed by COVID-19, stagnant water can become dangerous.
Gary Cohn is frustrated with partisanship surrounding what the federal government should do next over the economy during COVID-19. Plus, fast food employees in Chicago have filed a lawsuit against McDonald’s, asking for stricter health standards.
Governments hope biking commuters will ease pressure on public transport and lower pollution. The European Commission unveils a fresh COVID-19 rescue plan. Renault, Nissan and Mitsubishi collaborate to cut costs.
The new safety rules at the NYSE. The S&P hits 3,000. Home prices see their biggest jump in a year. The German government has agreed to pay $10 billion to keep the country’s flagship airline from collapsing.
About 25% of traders are returning to the floor of the New York Stock Exchange. Costco’s first-quarter results are in this week. How does the retailer see the road ahead? And, two years of Europe’s online privacy law, the GDPR.
Europe and China aren’t buying as much tobacco from Zimbabwe. Australia’s economic recovery could take five years. Spain is set to approve legislation for a guaranteed basic income to support the financially needy.
Domestic tourism could be key to this summer’s vacation season. Greece’s island beaches will welcome mainland visitors. In the Czech Republic, people can drink a cold beer inside a bar. Dubai’s malls await shoppers.
The Hong Kong stock market took a dive today after China signaled moves to tighten Beijing’s control over the territory. The Fed’s pessimism. The average gas price is $1.90 a gallon, but who’s driving? The 40th anniversary of Pac-Man.
