Lawmakers reach $900bn stimulus deal as UK hit by new coronavirus strain

On Sunday evening, lawmakers reached a deal on a near $900bn stimulus package to help sustain the US economy as the pandemic continues to ravage the country. Recent economic data has highlighted an urgent need for stimulus, with weak retail sales figures and increasing jobless claim figures, demonstrating the fragility of the US economic recovery.Continue reading “Lawmakers reach $900bn stimulus deal as UK hit by new coronavirus strain”

JD Sports buys Shoe Palace in $325 million deal

European markets have edged up this morning, with commodities pushing up the FTSE 100, which is currently gaining 0.4% on the day. The biggest riser is JD Sports which is up over 6% as they announce a deal to buy US sportswear brand Shoe Palace for $325 million in an all cash deal. The dealContinue reading “JD Sports buys Shoe Palace in $325 million deal”

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