Coronavirus sends U.S. consumer spending into record fall in March
Tesla CEO Elon Musk is adding his name to the growing list of influential people calling for the economy to reopen.
With Mother's Day near, deals on kitchenware will be especially handy even as celebrations will be muted this year. Consumers can also expect sales on grilling accessories, refrigerators, spring apparel, and but not on jewelry, grills, or outdoor furniture.
Beyond the headlines of toilet paper and hand sanitizer shortages, it turns out people are stocking up on pretty some unexpected items during lockdown.
There is likely a long road to recovery ahead.
This was supposed to be the year that profit became the norm at Tesla. Then came the coronavirus crisis.
Parades, film fests, sports tournaments, music festivals and technology events that had been held annually for years were canceled for the first time because of the coronavirus.
"So until we get a vaccine, you need to approach this market as though the world has changed," the "Mad Money" host said.
Volvo Cars will lay off 1,300 white-collar employees in Sweden, with the carmaker saying it needs to step up its shift to new products and business models amid the coronavirus pandemic.
More than 3,000 tourists have arrived in Hawaii in April, according to the state's tourism authority.
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