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Amid COVID, many businesses in precarious spot as 2020 ends

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NEW YORK (AP) — The final three months of the year, usually a boom time for many small businesses thanks to holiday shopping and celebrations, looks precarious as the coronavirus maintains its grip on the economy.
Owners contending with government restrictions or crumbling demand are trying to hold on, with some creating ... (full story)


Suddenly retired? Here's what to do next

The pandemic seems to be driving a surge of early retirements as businesses close or downsize and older people weigh the health risks of continuing to work.
The share of unemployed people not looking for work who called themselves "retired" increased to 60% in April from 53% in January, according to a study by three ec ... (full story)


Walmart to spread out deals to avoid Black Friday crowds

NEW YORK (AP) — Walmart says it will spread out its traditional one-day Black Friday deals over three weekends in November in an effort to reduce crowds in its stores during a pandemic.
The nation's largest retailer said last Wednesday that more of its doorbuster deals will be reserved for online, as a way to steer more sh ... (full story)


Morgan Stanley still shopping, buys Eaton Vance for $7B

NEW YORK (AP) — Morgan Stanley will buy the investment management firm Eaton Vance in a deal valued at about $7 billion.
Morgan Stanley has actively gone after potential targets this year. The prosed acquisition last Thursday comes just days after it closed on one of the biggest deals on Wall Street since the 2008 financia ... (full story)


How to handle college loan debt as an unemployed recent grad

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Entry-level jobs are scarce for recent college graduates, which leaves the Class of 2020 in a precarious position as their student loan debt comes due.
Taylor Cabrera has been job-hunting for months since graduating from the University of Mississippi last spring with dual bachelor's degrees in biology and physics, and has moved ... (full story)