Jim Zarroli

Jim Zarroli appears in the following:

Millions Turn To Stock Trading During Pandemic, But Some See Trouble For The Young

Tuesday, August 11, 2020

Stock trading has become easier and cheaper than ever. And people stuck at home during the pandemic have flocked to it. But have venues like Robinhood made it too risky for inexperienced investors?

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'A Homeless Pandemic' Looms As 30 Million Are At Risk Of Eviction

Monday, August 10, 2020

Federal and state eviction bans, put in place during the pandemic, have lapsed. President Trump's executive order to prevent evictions isn't enough and Congress needs to act, housing activists say.

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What To Expect From New Relief Bill As Unemployment Spikes And Aid Set To Expire?

Thursday, July 23, 2020

Unemployment claims have spiked for the first time since March, but the federal unemployment aid expires soon. Senate Republicans and the White House are still negotiating their relief bill.

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Job Picture Worsens: Millions More File For Unemployment, In Reversal

Thursday, July 23, 2020

New claims for unemployment benefits rise to 1.4 million, a sign that the labor market is deteriorating as businesses close their doors again after the pandemic intensifies.

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Tesla's String Of Profits Opens A New Door For World's Most Valuable Automaker

Wednesday, July 22, 2020

The electric car maker is now eligible to join the S&P 500 index, which means it would become part of the retirement accounts of millions of ordinary Americans.

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It's Nice To Be Rich: Wall Street Is Raking In Profits In The Stock Market

Wednesday, July 15, 2020

The economy is tanking, with massive layoffs and bankruptcies. But the richest sliver of the country continues to do quite well. The latest evidence: Goldman Sachs said it's raking in money on trades.

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'We Still Face Much Uncertainty': Pandemic Hammers Big Banks

Tuesday, July 14, 2020

The dramatic collapse of the U.S. economy is pummeling America's largest banks. Wells Fargo has posted its first quarterly loss since 2008 and JPMorgan Chase has set aside billions to cover bad loans.

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The Customer Is Always Right. Except When They Won't Wear A Mask

Tuesday, July 14, 2020

In the age of COVID-19, most people follow social distancing and mask guidelines when they enter stores and restaurants. But then there are the nightmare customers who won't comply.

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Data Raises Questions About Who Benefited From PPP Loans

Wednesday, July 08, 2020

The government's paycheck protection program was intended to help small businesses during the pandemic keep workers on staff. But a lot of the recipients weren't exactly small businesses.

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How The Recession Has Benefited The Richest Of The Rich

Monday, July 06, 2020

While much of the country is mired in economic hardship, a small group has emerged richer. They've benefited from a buoyant stock market and tax code changes that have favored the wealthy.

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Stocks Take A Pounding As Coronavirus Cases Spike

Wednesday, June 24, 2020

Investors were hoping that the worst of the pandemic was behind them. But the latest evidence suggests a rebound is still some ways off.

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Dow Gains 477 Points After Dramatic Plunge Spurred By A Spike In Coronavirus Cases

Friday, June 12, 2020

Major stock indexes bounce back a day after the Dow lost 1,861 points amid spikes in new cases in states that had reopened their economies.

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Dow Dives 1,800 Points On Worries Of 2nd Coronavirus Wave

Friday, June 12, 2020

In one of the worst one-day point drops in history, the Dow Jones Industrial Average fell close to 7% Thursday. The plunge comes amid reports of a second wave of coronavirus cases in Sunbelt states.

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Market Meltdown: Dow Dives 1,800 Points On Worries Of 2nd Coronavirus Wave

Thursday, June 11, 2020

The Dow and other stock indexes plunged as cases surged in several states and the Federal Reserve warned that the pandemic "will weigh heavily on economic activity."

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The Fed Helped Companies Borrow Money. Some Laid Off Thousands Anyway

Wednesday, June 10, 2020

Companies can borrow money from the Federal Reserve under its new lending programs. It's been good for the stock market, but the central bank's effort to help the economy has had lopsided results.

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U.S. Federal Reserve's Help Comes With No Strings Attached

Tuesday, June 09, 2020

The Federal Reserve has taken unprecedented actions to prop up the economy by flooding the U.S. with trillions of dollars. But that does not necessarily mean the money is going to the right places.

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The Economy Is In Trouble. Try Telling The Stock Market

Thursday, June 04, 2020

Even as millions are out of work, the stock market has regained much of the ground it lost since March. Investors are peering into the future and seeing an economy that's beginning to recover.

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'I Didn't Deserve It': Pandemic Shut Down His Barbershop, Then A Fire Destroyed It

Thursday, June 04, 2020

Trevon Ellis spent years building up his Minneapolis barbershop, luring customers with smart haircuts, snacks and friendly conversation. It took just one terrible night to destroy it all.

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Cities Have Never Seen A Downturn Like This, And Things Will Only Get Worse

Wednesday, May 20, 2020

The pandemic has sent tax revenues falling off a cliff, leaving American cities and towns losing more and more money and forcing them to cut services and lay off workers.

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Businesses Are Reopening, But Customers May Not Be Ready To Go Back

Monday, May 18, 2020

Governors around the country have begun slowly allowing stores, restaurants and malls to serve customers again. But it won't count for much if people are afraid to venture out.

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