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Why Fed's Barkin Is Bullish On 2021 US Recovery and Sees Inflation Worries As Manageable
Monday, March 22, 2021 - 4:28am | 436Federal Reserve Bank of Richmond’s President Thomas Barkin on Sunday said the U.S. economy is on course for a strong 2021 as the pandemic recedes and dismissed fears of unwanted inflation despite price pressures. What Happened: Speaking to Bloomberg on Sunday evening, Barkin said 2021 will be...
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US Box Office Sales On Pace To Rebound... To 1982 Levels
Saturday, March 13, 2021 - 10:35am | 483Movie theaters in the U.S. are on pace to hit as high as $6 billion in sales this year, but that still would only be the same level as in 1982, adjusted for inflation, Bloomberg reported. Slow Rebound: Gathering data from Boxoffice Pro, Bloomberg said U.S. box office sales will still be below 2019...
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Denny's Stock Gets Upgrade As More Restaurants Reopen
Friday, March 12, 2021 - 12:30pm | 411The case against owning Denny's Corp (NASDAQ: DENN) was based on the restaurant chain's heavy exposure in California, but now is the right "time to get off the sidelines," according to Stephens. The Denny's Analyst: James Rutherford upgraded Denny's stock rating from...
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California Says Disneyland And Other Theme Parks Can Reopen April 1
Sunday, March 7, 2021 - 2:20pm | 363Disneyland Resort will be allowed to open from April 1 with 15% capacity and other restrictions. What Happened: The California Department of Public Health (CDPH) on Friday said that theme parks and outdoor sports stadiums will be allowed to reopen from April 1, but with certain...