Wednesday’s business headlines

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

Home listings

The coronavirus is keeping home sellers on the sidelines.

Realtor.com says listings were down 40% in April, compared to last year.

In Indiana, listings were down about 35%.

Prices were down by almost 3%.

Buffets

Buffets will also have a hard time convincing diners that they’re safe after the pandemic and rebuilding consumer trust will be key to restaurants’ recovery.

They were already on the decline.

From 1998 to 2017, the number of buffet restaurants decreased by 26% while the number of overall restaurants grew by 22%, according to the NPD Group.

Nordstrom

Nordstrom is preparing to reopen its stores.

There will be some changes – plexiglass screens at cash registers, fewer fitting rooms and no cash allowed.

Not all of the stores will open at once.

Debt

Debt has reached a record high in the U.S. and this was before unemployment spiked.

It reached 14 trillion,