REDNews

FOR IMMEDIATE RELEASE: April 7, 2020 Second Servings of Houston teams up with Hess Corporation and Sysco to distribute 10,000 chef-prepared meals every week beginning April 9th HOUSTON, TEXAS (April 7, 2020) – With the COVID-19 crisis upon us, Second Servings is devoting time and resources to a new group of Houstonians in need: hospitality […]

Investment bank Goldman Sachs has been analyzing the market performance, and has a mixed outlook for the year – not necessarily bad news for the long term, but an acknowledgement that we’re not completely certain what the economic cycle has in store. David Kostin, Goldman Sachs’ chief U.S. equity strategist, predicts that the market has […]

The effects of the new coronavirus on commercial real estate will be long-lasting, as restaurants close, retailers file for bankruptcy and companies that occupy office space rethink their entire workplace strategies. Previous health-related downturns have been brief and followed by relatively quick recoveries, but the amount of time it will take for the economy to […]

As of April 2, 2020: COVID-19 is wreaking havoc on nearly every aspect of the global economy. It is clear now that what was originally a supply-side shock—and to a lesser extent an export demand shock for the global economy—has morphed into something far more pernicious. The unique nature of the pandemic, and the government […]