Coronavirus has led shoppers to buy in bulk and put pressure on supply chains. In the U.S., major grocers have expedited their hiring processes to help deal with the demand.
"You look good. You sound good," New York Gov. Andrew Cuomo told his younger brother, CNN anchor Chris Cuomo, during a press conference on the cornavirus pandemic.
Zoom Video is tumbling again on Thursday. Mark Tepper, president of Strategic Wealth Partners, grows concerned it could be setting up for a larger fall after the stock's gain this year.
In 2019, online sales for direct-to-consumer brands reached $14.28 billion, according to data from eMarketer. In 2020, sales are forecast by the firm to grow 24.3% to $17.75 billion, slowing from 33.1% growth last year, and down from 56.5% growth in 2018.
Workers at many small businesses (those with under 500 employees) will soon see paid sick leave, as well as extended family leave, for certain coronavirus-related reasons. Others may not. Here's the skinny.
The recovery likely will be more U-shaped as consumers struggle to recover from an economic near-stoppage, Dallas Fed President Robert Kaplan told CNBC
Shopify suspended its full year 2020 guidance due to growing disruptions from the coronavirus pandemic, but said it expects first quarter revenue to be in-line with expectations.