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Workers in leisure, hospitality, and retail have been particularly hard hit during the pandemic. A New York Fed analysis finds only 4% of workers will be rehired by currently closed small businesses. And just 3% of the service businesses currently closed are likely to reopen. Throughout the pandemic, service workers have had it tough. The ones that didn t have to contend with massive layoffs have had to safely navigate customer-facing roles, while their industry has been radically disrupted. And evidence is showing that the service workers who were laid off stand a slim chance of getting their old jobs back. A new analysis from the New York ....
Strong economic data and earnings results helped boost confidence in the progress of the reopening. Due to vaccine distribution and a broader herd immunity approach, dividends might increase in 2021. UBS named 16 stocks it expects to offer brisk dividend growth and over 10% upside to price targets. While fourth-quarter earnings in 2020 set the bar pretty high, the first-quarter season got off to a good start as big Wall Street banks crushed analyst estimates. JPMorgan surprised analysts by reporting $33.1 billion in revenue, which exceeded the $30.4 billion estimate. Goldman Sachs also beat average analyst estimates by posting $17.7 billion in revenue versus the expected $12.6 billion. Citi came in strong as well. ....
Global Covid Deaths Rise; Astra Shot 79% Effective: Virus Update yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
N.Y. Lowers Vaccination Age to 50, Arizona to 16: Virus Update msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.