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On Monday, three days after President Trumpsigned a $2 trillion stimulus into law, Kohl’s Corp.,Macy’s Inc. and Gap Inc. joined the growing number of retailers to halt pay for much of their workforce, while preserving some benefits.
With these furloughs, that brings the total number of employees who are out a paycheck at major U.S. chains to more than 500,000, according to data compiled by Bloomberg.
19,408 in U.S.Most new cases today
-22% Change in MSCI World Index of global stocks since Wuhan lockdown, Jan. 23
-1.033 Change in U.S. treasury bond yield since Wuhan lockdown, Jan. 23