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“The uncertainty factor beyond a couple of months out unfortunately is quite high," says PepsiCo CFO Hugh Johnston about the current state of the economy. Healthy breakfast and comfort foods are in, while soda sales have lost some fizz, he tells @JChatterleyCNBC .
Businesses have had to embrace social distancing during the coronavirus pandemic, and perhaps none more so than an English pub that installed an electric fence to keep thirsty customers at bay. The fence is not usually turned on.
The US unemployment rate surprisingly fell to 13.3% in May as Covid-19 restrictions eased in some areas. The economy added 2.5 million jobs.
A stronger dollar would be great for U.S. consumers, but less so for Corporate America