Record jump in US jobless claims expected as Covid-19 hits economy - business live

Back in the UK, the Daily Mail’s owner has warned shareholders it will miss its revenue targets this year, due to the Covid-19 crisis. DMGT says that its events and exhibitions arm, and consumer media businesses, are now suffering from the coronavirus outbreak and the efforts to control it.

Thanks Captain Obvious

It will be BRUTAL. In fact you could call it 'American carnage'.

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Coronavirus: Record $2trn clears Senate hurdle but stocks sink againStock markets are on course for a fresh sell-off, unwinding two days of recovery, despite the $2trn (£1.7trn) US coronavirus relief scheme clearing its first hurdle. Out of treasury straight into the pockets of the rich and hedge funds and realDonaldTrump
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