BUSINESSES IN SURVIVAL MODE RAISE CASH; COMMODITIES TAKE OFF
Jun 26, 2020
3 minutes
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments this week related to the national and global response, the work place and the spread of the virus.
CASH BURN
Live to see another day has become a mantra for companies across all sectors, from restaurants to airlines. The Fed is using its tools to help, but most of the cash is being raised in the private sector.
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