March 2020

Next boss: ‘People do not buy a new outfit to stay at home’

Image copyright Getty Images The boss of Next has warned that the retailer faces a “very significant drop in sales” as a result of the effect of coronavirus on the business. Lord Wolfson said online sales were “likely to fare better” than the shops, but would also suffer “significant losses”. “People do not buy a […]

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Progressive Ideas Remain Popular. Progressive Presidential Candidates Are Losing. Why?

This was supposed to be the presidential primary race in which the progressive wing of the Democratic Party put it all together. The left was coming for power, not only moral victories. One popular podcast promised that the party’s moderates would soon “bend the knee,” as working Americans flocked to a left-wing presidential agenda. But

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Fed Faces Pressure to Do More as Virus Demands a Response

WASHINGTON — Over a frenetic two weeks, as the coronavirus has upended American capitalism and changed every aspect of life, the Federal Reserve has taken drastic steps to keep money flowing throughout the financial system. It has cut interest rates to near-zero, introduced a huge bond-buying program, revamped a crisis-era emergency lending program to calm

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Prince William Speaks Out About Coronavirus, Days After Joking About It

Prince William certainly isn’t joking about spreading coronavirus now. The Duke of Cambridge issued a message Wednesday about COVID-19, the disease caused by the novel coronavirus, in a video on behalf of the U.K.’s National Emergencies Trust. The NET was established in 2019 following the Manchester bombing and Grenfell fire tragedies and works to help

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