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Haircare brand providing $1 million to support small businesses affected by COVID-19

Jason Carter Rinaldi/Getty Images for SheaMoisture(NEW YORK) — The novel coronavirus pandemic has left many small businesses searching for financial relief, and haircare brand SheaMoisture has stepped up with a generous grant.On Monday, the brand posted on Instagram that it was creating a Community Commerce fund to support women-of-color entrepreneurs and small minority-owned businesses.The post…read more »

Coronavirus economic updates: US financial markets plunge as Trump warns of ‘painful’ weeks to come

Chaay_Tee/iStock(NEW YORK) — The coronavirus pandemic has quickly evolved from a health crisis to a financial one, shuttering businesses, upending entire industries and sending financial markets reeling. Here’s the latest news on how the COVID-19 crisis is affecting the economy:Markets plunge early WednesdayU.S. financial markets plummeted Wednesday morning, with the Dow Jones Industrial Average falling…read more »

Despite coronavirus grocery buying spree, farmers fearful for the future

pixdeluxe/iStock(NEW YORK) — As the coronavirus crisis shut down much of the country’s workforce or forced it to make dramatic accommodations, the nation’s farmers have been hard at work, producing food supplies for the nation.But they are doing so amid a climate of uncertainty and fear, including for the safety of field workers and others,…read more »

Coronavirus economic updates: JC Penney to furlough majority of employees

narvikk/iStock(NEW YORK) — The coronavirus pandemic has quickly evolved from a health crisis to a financial one, shuttering businesses, upending entire industries and sending financial markets reeling. Here’s the latest news on how the COVID-19 crisis is affecting the economy: Markets slip furtherMarkets fell again in the late hours of Tuesday’s trading session, with the…read more »

OpenTable launches tool to help you avoid long lines at restaurants, grocery stores

iStock/TrongNguyen(OAKLAND, Calif.) — The growing coronavirus pandemic and state-mandated shelter-in-place orders have stopped most in-person dining. Grocery stores remain open as essential businesses, while many restaurants have pivoted to pickup and delivery services to stay open while adhering to Centers for Disease Control and Prevention guidelines.To enable social distancing and help customers avoid packed stores,…read more »