Marie Biscarra, co-owner of ISSO fashion boutique in San Francisco, writes a sign declaring her business open for curbside delivery on May 18. Retail sales jumped a record 17.7% last month.
Marie Biscarra, co-owner of ISSO fashion boutique in San Francisco, writes a sign declaring her business open for curbside delivery on May 18. Retail sales jumped a record 17.7% last month.U.S. stock markets surged Tuesday after reports that retail sales rebounded strongly in May and that the Trump administration is preparing an infrastructure plan to boost the economy, which has been battered by the coronavirus crisis.
this is screaming bailouts rmr that the gov gave very much money to big businesses unaccounted for!!
Read the fucking room,
Oh, is it “Infrastructure Week” again?
The stock market represents the rich, not Main Street. “nearly all of the stock ownership in the U.S. is concentrated among the richest. According to Wolff's data, the top 20 percent of Americans owned 92 percent of the stocks in 2013”
Geez, when you start at zero it's difficult to go anyway but up.
BQQM!
Who FN cares. Report on the economy.
NPR Team, instead of talking about the downstream issues you should talk about the real problem! Gov./fed Millionaires/Billionaires controlling this country. Enriching themselves by increasing the debt for the American taxpayers. US is a kleptocracy focused on profit at all cost.
Dont Forget your own reporting. Companies can no longer lose money anymore. They will be bailed out by the FED whenever they get into any trouble. So why not invest recklessly? Billionaire cant lose.
The stock market means nothing to the millions out of work. It only means good news for shareholders and corporations who will determine they might hire 2 people to fill a 10 person workload with 0 benefits while they get millions in bonuses.
If anything needs to be cancelled, it’s the stock market. Enough of this mass delusion.
After the Fed promised to buy corporate bods- recession is here people
Sad
The stonks!
Millions of people got $1,000 checks that they don't know what to do with so they're artificially inflating the stock market by day trading. I don't think it'll end well.
It’s infrastructure week again? Boy is Wall Street gullible/
Looting.
Can confirm, my wife just spent $100 at Target on a bunch of worthless shit
It’s going to be Infrastructure Week™ again🙄🤦🏽♂️😤
da economy ain’t real
Stock market is not a reflection of the economy or even the health of portfolios & corporations It's a game/plaything for the wealthy & powerful
An indication of how sick and artificial the stock market is. 120K Americans are dead and continue to die at an average rate of 1000 per day. Great market.
It's not surging today, it surged overnight and premarket.
FIRST, it's not even noon. WTF are you doing running a story on two hours of trading? SECOND, the Dow is a meaningless number, not hitched to a broad array of stocks and that array changes all the time anyway. THIRD, stop lying to people that you understand why markets move.
Propaganda outlet for the CCP and radical Democrats. Mara Liason is a complete disgrace.
Phew, glad we’re outta the woods
Yet how many thousands of people are still out of work?
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