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The Gazette in Medina, Ohio

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Newspaper

The Gazette

Location

Medina, Ohio, United States of America

Date

Aug 13, 2020

Page

5

Deficit hits 2.81 trillion in first 10 months

The U S budget deficit rose to 2.81 trillion dollars in ten months, a record shortfall as September year end approaches. July alone showed a 63 billion deficit amid pandemic aid and tax revenue shifts. Outlays total 5.63 trillion year to date, receipts 2.82 trillion, with relief packages shaping the outlook.

Silver Spring U.S Treasury Department Department Small Business Administration Treasury Congress Donald Trump House Senate Congressional Budget Office Trump Florida suChg At&t Inc Microsoft AMD Moderna A Amber Newell Br Amé Airlines NiSource Apple Inc NokiaCp BcoBrad Lee BkofAm NorthropGaa BarrickGld NorwCruis BedBath Novavx OasisPet Boeing OcciPet Boxlight Oceanp Carnival Cedarf OpkoHlth Chembio OwensCorn Cisco Coca Cola PepsiCo Delta Air Petrobras ExxonMbl Pfizer Facebook PlugPowr H FirstEngy Deanom H SwsinEngy SteinMart Ndiagic Sundial novioPhm Sunesisp H ntecPhm Target Ntel Tesla Inc Nvacare Trevenah Tauunh T2 Biosys Uber Tch Jpmorgch UtdAirlHl Keycorp Vale SA Ea Kinross G KitovPh Vaxarth Kohls VerizonCm LincNat WalMart MGM Rsts WellsFargo Macys Wendys Co Marathno YumBrnds McDalids Zomedica Micront Exch Sweet Crude NYMX New York Mercantile Exchange Chicago Board of Trade CME Chicago Mercantile Ice ICE Intercontinental Exchange Mutua Funds Init American AmronBalAm CptWidGrincAm CptilncBldrAm FdmillavsAm GrfAmrcAm Incamrca m Invcamrca m NwPrspctvAm Wamtinvsam Dodge & Cox Inc Dodge & Cox IntlStk Dodge & Cox Fidelity Vanguard GridxAdmrl Vanguard Hcadmrl Vanguard Ntrteadmrl Vanguard Vanguard ndlGrAdmil Vanguard MdCpldxAdmrl Vanguard PrmCpAdmrl Vanguard Stin Doe SEC The Associated Press

Stocks push near record as tech leads broad rally

U S equities rose broadly on Wednesday with the S&P 500 approaching its February peak after a 1.4 percent gain. The Dow gained 289.93 points and the Nasdaq rose 2.1 percent while Treasury yields edged higher on inflation data.

Dow Industrials Dow Transportation Dow Utilities NYSE S&p Wilshire Russell Wall Street Europe Asia Treasury

Stein Mart files for bankruptcy amid store closures

Roundup of recent retail and tech distress shows Stein Mart, Lyft, Tribune Publishing actions. Stein Mart, based in Jacksonville, seeks Chapter 11 after 112 years, planning to close most of its 280 stores and possibly sell its eCommerce arm, with going out of business sales to begin soon. Lyft posts a quarterly loss as ridership collapses and delivery expands. Tribune Publishing shuts newsroom spaces while continuing print editions from home.

ST. Petersburg Fla Stein Mart Hunt Hawkins Jacksonville Florida Hunt Linda Tasseff Westlake Beachwood Canton Toledo America Lord & Taylor J. Crew J.C. Penney Neiman Marcus Men’s Wearhouse Jos. A. Bank Stage Stores Ascena Retail Group Lane Bryant Ann Taylor Max Reinsdorf The Daily News Tribune Publishing Company New York Mortimer B. Zuckerman Newsroom New York Plaza Manhattan Associated Press Reinsdorf Capital Gazette Maryland University of Maryland Capital News Service Bureau Annapolis National Discount Department Store Chain

Also Mentioned on This Page

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