Business

Friday’s business headlines

INDIANAPOLIS (WISH) – Here’s a look at Friday’s business headlines.

Women work

The pandemic has put the squeeze on women’s careers. In the U.S., mothers are jumping into a vacuum left by canceled school, child care and camp.

Between February and April, women with children under age 13 “reduced their work hours four to five times more than fathers,” according to a new study.

This trend has long-term implications for careers and finances.

Cruise ships

Federal health officials are extending the U.S. ban on cruise ship through the end of September as coronavirus infections rise in most U.S. states, including Florida.

The no-sail order had been scheduled to expire on July 24.

Many of the large cruise lines had already said no sailing till September before the CDC ban.

Walgreens

Walgreens said it’s made a deal with Doordash to have some of its health and wellness products delivered directly to homes.

The delivery service expanding to Cincinnati, Cleaveland, Minneapolis, Oklahoma City, Phoenix, Sacramento and Seattle by the end of the year.

Deliveries will include over-the-counter medications, other household items and convenience products.

Mortgage rates

Mortgage rates dropped below 3% for the first time and economists say rates could stay that low through 2021.

Many experts believe the market hasn’t hit bottom.

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