The major futures indexes are indicating a decline of 1.3 percent when trading begins.
Sephora announced that due to the COVID-19 pandemic it has laid off “a portion” of its part-time and seasonal store employees.
The retailer will limit the number of customers who can be inside the store at one time.
Congress decreed that employees on furlough do qualify for unemployment benefits.
The federal government's relief program for small businesses is off to a slow start Friday, with only some businesses able to apply and several banks either not accepting applications or seeing long waits to do approvals.
The promotion runs through June 30.
The company will also be ending emergency leave pay and suspending use of company-provided paid time off benefits.
Corona beer has ceased production after Mexico's government said that the business was non-essential, forcing it to temporarily suspend operations.
A record-long streak of U.S. job growth ended suddenly in March after nearly a decade as employers cut 701,000 jobs because of the viral outbreak that’s all but shut down the U.S. economy.
About half of all working Americans report some kind of income loss affecting themselves or a member of their household due to the coronavirus pandemic, with low-income Americans and those without college degrees especially likely to have lost a job, according to a new poll from The Associated Press-NORC Center for Public Affairs Research.
The coronavirus outbreak has thrown 10 million Americans out of work in just two weeks in the swiftest, most stunning collapse the U.S. job market has ever witnessed.
The Dow Jones Industrial Average rose over 469 points, or 2.2. percent.
Target is taking new steps to combat the spread of coronavirus at its stores.
The coronavirus outbreak has thrown 10 million Americans out of work in just two weeks, the swiftest, most stunning collapse the U.S. job market has ever witnessed, and economists warn unemployment could reach levels not seen since the Depression, as the economic damage piles up around the world.
U.S. sales of alcoholic beverages rose 55% in the week ending March 21
More than 6.6 million Americans applied for unemployment benefits last week - doubling a record high set just one week earlier - a sign that layoffs are accelerating in the midst of the coronavirus.
The Dow Jones Industrial Average plunged 877 points, or 4 percent, in the opening minutes of trading while the S&P 500 and Nasdaq Composite fell 3.7 percent and 3.08 percent, respectively.
As millions of job cuts tear through the U.S. economy, a faint glimmer of light has emerged: Some employers are trying to maintain ties to the staffers they're letting go so they can more quickly rehire them once the viral outbreak has passed.
The Federal Communications Commission and the Department of Justice approved the deal last year.
Eligible team members will receive a $500 bonus, payable during the first week of July.