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Boston Fed Chief Rosengren Expects Jobless Rate To ‘Rise Dramatically’

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Boston Federal Reserve President Eric Rosengren said on Wednesday (April 1) that despite the best efforts of politicians and central bankers to contain COVID-19’s economic impacts, the U.S. He added that worker furloughs have also already begun, “particularly in the hotel, retail, travel and restaurant industries.

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Chase Plans Expansion In Top US Markets In 2019

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Chase has announced it is expanding its retail footprint into nine of the top American markets, as well as opening dozens of new locations in the greater Washington, D.C area, Philadelphia and Boston. To us, this is so much more than building branches.

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Tracksmith: Taking DTC Running From Heartbreak Hill To The Global Market

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Boston is home to the world’s “statement race” — the Boston Marathon. you’d be hard-pressed to find a Chowdahead who doesn’t think Boston is the running capital of the world. you’d be hard-pressed to find a Chowdahead who doesn’t think Boston is the running capital of the world. Bostonians take their running seriously.

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Early Days: AI Shows Promise And Limitations For Retailers

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Start creating more customer data to feed the algorithm and then you too can join the artificial intelligence (AI) retail revolution. Retailers can engage with an “AI lite” strategy that produces lookalike customer data and a level of predictive analytics. But the present and future of AI in retail is much richer. Not so fast.

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Fed’s Rosengren: Even With Positive Job Numbers, US In ‘Significant Recession’

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Despite a better than expected job report, Boston Federal Reserve President Eric Rosengren told CNBC a full recovery is impossible until COVID-19 is under control. “We I think it really is going to take that before we see a completely normalized market.”. The country added nearly 1.4 percent, down from 10.2 percent in July, the U.S.

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Retail Will Play Major Role In Vaccine Distribution

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As various governmental agencies, healthcare organizations and drug companies step up their efforts to get vaccines distributed, it looks like retail will have a major role to play. Among the retailers are Kroger, Albertsons, CVS, Walgreens and Rite Aid. According to The Wall Street Journal , the U.S. percent on March 27 and 39.7

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Retail Pulse: Wayfair Opens Mall Store; Banana Republic Unveils Style Passport

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Online furniture retailers are stepping further into the world of physical retail with permanent brick-and-mortar stores. Wayfair , for instance, opened a store at the Natick Mall in suburban Boston, where consumers can experience products firsthand before making a purchase, after debuting a pop-up shop there last year.

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