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US Jobless Claims Fall Slightly To 860,000

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12, the advance figure for seasonally adjusted initial claims fell by 33,000 from the previous week’s revised level of 893,000, the U.S. Hamrick noted there could be more pain ahead if Congress and the White House fail to approve new funding to avoid a government shutdown on Oct. For the week ending Sept.

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Home Construction Rebounds In May, But Trouble Lingers

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home construction collapsed in March, the sector rebounded in May after steep declines caused by COVID-19 shutdowns, according to the U.S. percent at a seasonally adjusted annual rate of 1,220,000 compared to 1,066,000 permits issued in April, the two agencies said in data released Wednesday (June 17). For the first time since U.S.

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How Showfields Adapted To The New Digital Economy

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Showfields was faced with either closing its operation or changing its business model to shift its business online during the statewide shutdown. Adjusting to the digital shift at the pandemic’s onset was not easy, however, as it called for a fundamental reimagining of Showfields’ business model.

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Malls Could Become Automated Warehouses For Supermarkets

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As strip mall owners adjust for the impact of COVID-19, a global research and analysis company recommends landlords should consider building automated warehouses for supermarket tenants to capitalize on the demand for online deliveries, Bloomberg reported.

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The Digital Payments Preferences That Cross The Generational Divide

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For financial institutions (FIs) and enterprises that seek to pivot to meet the growing demand for digital payments, observing and reacting to shifts in how different generations prefer to pay will be critical during the pandemic and beyond, according to Royal Cole , executive vice president, FI payment solutions at FIS.

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RH CEO: No Time To Shelter And Shrink

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percent over 2018 to $2.647 billion, adjusted operating margins reached 14.3 percent, and adjusted diluted earnings per share increased 49 percent to $11.66. The first predicts a limited market contraction of 15 percent to 18 percent, assuming increased consumer demand for the second and third quarter of the year.

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Shipping And Logistics: An Industry Jolted Into Digitization

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Factory shutdowns and stay-at-home orders have disrupted manufacturing and production, with ramifications reverberating throughout global supply chains. The coronavirus has turned entire industries on their heads, not least of all the shipping and logistics sector. They have traditional business models in place.

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