Econobits.com

Thursday, May 21, 2020

Biggest U.S. Mall Is Two Months Delinquent on $1.4 Billion Loan

https://www.bloomberg.com/news/articles/2020-05-21/biggest-u-s-mall-is-two-months-delinquent-on-1-4-billion-loan

Corporate debt issuance has already topped $1 trillion in 2020

https://www.axios.com/corporate-debt-issuance-1-trillion-2020-b813ca2e-2a29-459b-afa5-41299c987d12.html

Mastercard to allow staff to work from home until virus fears subside

https://mobile.reuters.com/article/amp/idUSKBN22W37A

U.S. leveraged loan defaults at six-year high as coronavirus hits businesses

https://www.reuters.com/article/us-usa-debt-leveraged-idUSKBN22X1BD

Jobless claims since pandemic set to hit 39 million, but the more important number to watch is how many are collecting benefits

https://smartnews.link/w/GmYC

The Latest US Coronavirus Death Predictions Are Even Worse Than Expected Before

https://smartnews.link/w/yLPw

Wednesday, May 20, 2020

A new high for coronavirus deaths in California as counties push ahead with reopening

https://www.latimes.com/california/story/2020-05-20/a-new-high-for-coronavirus-deaths-in-california-as-counties-push-ahead-with-reopening

New coronavirus cases across the world jump by the most ever in a single day, WHO says

https://www.cnbc.com/2020/05/20/new-coronavirus-cases-across-the-world-jump-by-the-most-in-a-single-day-who-says.html

Do credit cards encourage overspending? Swipe responsibly with these tips

https://www.bankrate.com/finance/credit-cards/do-credit-cards-encourage-overspending/

‘Blindsided’: Shoppers Have Sticker Shock At The Grocery Store As Prices Rise

https://pittsburgh.cbslocal.com/2020/05/19/coronavirus-leads-to-increase-in-costs-at-grocery-store/

‘The corruption is on full display: Trump executive order directs all agencies to gut business regulations amid COVID-19

https://www.rawstory.com/2020/05/the-corruption-is-on-full-display-trump-executive-order-directs-all-agencies-to-gut-business-regulations-amid-covid-19/

JPMorgan Joins Goldman Saying More QE Needed to Cap Bond Yields

https://www.bloomberg.com/news/articles/2020-05-20/jpmorgan-joins-goldman-saying-more-qe-needed-to-cap-bond-yields

Thousands forced to leave Ford Chicago plant day after it reopened

https://www.cbsnews.com/news/covid-19-ford-chicago-plant-thousands-forced-leave-day-after-it-reopened/

Tuesday, May 19, 2020

A pizza lover discovered that the local pizzeria she thought she'd ordered from was actually Chuck E. Cheese, highlighting a popular tactic that many restaurants use

https://www.businessinsider.com/diners-discover-that-pasquallys-pizza-is-actually-chuck-e-cheese-2020-5

Maryland Reports Largest Rise Yet In Coronavirus Cases 4 Days After Reopening : Coronavirus Live Updates : NPR

https://www.npr.org/sections/coronavirus-live-updates/2020/05/19/858837518/maryland-reports-largest-rise-yet-in-coronavirus-cases-4-days-after-reopening

‘This will kill you’: Many express alarm after Trump says he’s taking hydroxychloroquine

https://www.marketwatch.com/story/this-will-kill-you-many-express-alarm-after-trump-says-hes-taking-hydroxychloroquine-2020-05-18 

The US Postal Service now has 5,000 employees in quarantine and only enough cash to last through September

https://www.businessinsider.com/usps-postal-service-run-out-money-september-coronavirus-covid-19-2020-5 

Colleges That Reopen Are Making a Big Mistake

https://www.theatlantic.com/ideas/archive/2020/05/colleges-that-reopen-are-making-a-big-mistake/611485/ 

Preventing a Great Depression Will Cost $10 Trillion

https://www.theatlantic.com/ideas/archive/2020/05/we-can-prevent-a-great-depression-itll-take-10-trillion/611749/ 

Warren Buffett's Warning for Anyone With a Credit Card Balance | Inc.com

https://www.inc.com/jeff-haden/warren-buffetts-warning-for-anyone-with-a-credit-card-balance.html 

Monday, May 18, 2020

Wisconsin in-person election exploded new COVID-19 infections: report

https://www.rawstory.com/2020/05/bolstering-case-for-nationwide-vote-by-mail-new-study-shows-wisconsin-in-person-election-exploded-new-covid-19-infections/

Trump Bizarrely Cites Unnamed ‘Positive Calls,’ Random Doctor for Decision to Take Hydroxychloroquine, Contradicting FDA, NIH, AMA Advice

https://www.mediaite.com/news/trump-bizarrely-cites-unnamed-positive-calls-random-doctor-for-decision-to-take-hydroxychloroquine-contradicting-fda-nih-ama-advice/

‘It will kill you’: Fox News host stunned by Trump’s boast he’ll take discredited coronavirus treatment

https://www.rawstory.com/2020/05/it-will-kill-you-fox-news-host-stunned-by-trumps-boast-hell-take-discredited-coronavirus-treatment/

Hospitals, health care sector reel from COVID-19 damage

https://apnews.com/b600ae4f7d8d14871c616497dd1fded1

History shows firing workers during an economic crisis is a mistake

https://www.businessinsider.com/ibm-shows-firing-workers-during-great-depression-coronavirus-mistake-2020-5

Catholic colleges struggle with coronavirus challenge ahead of fall term

https://cruxnow.com/church-in-the-usa/2020/05/catholic-colleges-struggle-with-coronavirus-challenge-ahead-of-fall-term/

Sunday, May 17, 2020

Buckle your seat belts, the road ahead is going to be bumpy, warns El-Erian

https://www.marketwatch.com/story/buckle-your-seat-belts-the-road-ahead-is-going-to-be-bumpy-warns-el-erian-2020-05-17

HHS secretary says Trump’s ‘Warp Speed’ vaccine ‘may not be safe and effective but we’ll have it’

https://www.rawstory.com/2020/05/hhs-secretary-says-trumps-warp-speed-vaccine-may-not-be-safe-and-effective-but-well-have-it/

Restaurant and bar owners say social distancing could wipe out their industry

https://www.cnn.com/2020/05/17/business/restaurant-coronavirus-business-model/index.html

Why Students Want Tuition Refunds Over Shift to Online Teaching | EdSurge News

https://www.edsurge.com/news/2020-05-12-why-students-want-tuition-refunds-over-shift-to-online-teaching

Saturday, May 16, 2020

Fed says risks to the financial system are worrying insiders

https://www.marketwatch.com/story/fed-says-risks-to-the-financial-system-are-worrying-insiders-2020-05-15

CNBC’s Jim Cramer Pleads With Trump to Be ‘Good Cop’ on China: ‘Not the Time’ for a Trade War, ‘What Are We Crazy!?’

https://www.mediaite.com/trump/cnbcs-jim-cramer-pleads-with-trump-to-be-good-cop-on-china-not-the-time-for-a-trade-war-what-are-we-crazy/

The Navy Says 5 Sailors Have Tested Positive For COVID-19, Again : Coronavirus Live Updates : NPR

https://www.npr.org/sections/coronavirus-live-updates/2020/05/16/857379338/5-uss-roosevelt-sailors-test-positive-for-covid-19-again

These 7 economic signals flashed red this week, showing the continued damage being inflicted by coronavirus

https://www.businessinsider.com/economic-indicators-show-continued-impact-coronavirus-recession-economy-downturn-lows-2020-5

The US government is getting ready to sue Google for monopolizing online ads

https://www.theverge.com/2020/5/15/21260494/google-antitrust-lawsuit-online-ad-monopoly-texas-justice-department

Americans calling for herd immunity should look at Sweden's coronavirus experiment to see why it won't work

https://www.businessinsider.com/americans-call-herd-immunity-sweden-experiment-coronavirus-not-working-2020-5

Friday, May 15, 2020

Retail sales plunge a record 16.4% in April, far worse than predicted

https://www.cnbc.com/2020/05/15/us-retail-sales-april-2020.html

This settles the stock-market valuation debate between David Tepper and Nelson Peltz

https://www.marketwatch.com/story/this-settles-the-stock-market-valuation-debate-between-david-tepper-and-nelson-peltz-2020-05-15

Seven weeks into coronavirus lockdowns, Fed has a new, darker message

https://www.reuters.com/article/us-usa-fed-outlook-analysis-idUSKBN22Q358

‘More Worried About The Customers’: ‘Bar Rescue’ Host Jon Taffar Says Customer Behavior Critical To Survival Of Restaurant Industry

https://losangeles.cbslocal.com/2020/05/14/coronavirus-bar-rescue-host-jon-taffar-customer-behavior-restaurant-industry-survival/
Newer Posts Older Posts Home
Subscribe to: Posts (Atom)

Visit Our YouTube Channel!

Visit Our YouTube Channel!
------------- Click Pic to Visit! -------------

News Links:

  • Associated Press
  • Bloomberg
  • CNBC
  • CNN
  • Economics - Headlines
  • Financial Times
  • Forex
  • Global Trade
  • Google News
  • Indiana Business Journal
  • Market Watch
  • New York Times Business
  • Reuters
  • The Economist
  • United Press International
  • Wall Street Journal

Data Sources:

  • Bank for International Settlements
  • Bureau of Economic Analysis
  • Bureau of Labor Statistics
  • Congressional Budget Office
  • Federal Reserve Economic Data
  • Federal Reserve System
  • Indiana Economic Profile
  • International Monetary Fund
  • IRS Tax Statistics
  • U.S. Census Statistical Abstract
  • World Bank

About Me:

About Me:
Jim Polito
Professor, Economics

Blog Archive:

  • ▼  2026 (324)
    • ▼  August (15)
      • Watch the OpenAI Hugging Face Presentation That Ha...
      • Federal ban on hemp-derived THC products delayed b...
      • Lake Mead sets new record low as Colorado River cr...
      • China becomes first country to pass 4TW of power g...
      • US efforts to prop up the yen risk doing more harm...
      • Moody’s says the Fed is putting economy at risk
      • OpenAI Reported 2 More Incidents of Rogue AI Agents
      • US’s 'historically' massive military blunder revea...
      • Moody’s economist warns Fed risk could hit economy
      • AARP Is Pushing Back on This New Social Security B...
      • Dollar sinks against yen after Trump administratio...
      • Moody's Mark Zandi Warns Fed's Lack of Forward Gui...
      • US home insurers make $8.8 million a day by delayi...
      • The $1.2 Trillion Reason Scott Bessent Just Bought...
      • Trump administration plans major overhaul of civil...
    • ►  July (32)
    • ►  June (34)
    • ►  May (54)
    • ►  April (24)
    • ►  March (48)
    • ►  February (51)
    • ►  January (66)
  • ►  2025 (1197)
    • ►  December (4)
    • ►  November (60)
    • ►  October (127)
    • ►  September (95)
    • ►  August (89)
    • ►  July (96)
    • ►  June (128)
    • ►  May (109)
    • ►  April (152)
    • ►  March (117)
    • ►  February (114)
    • ►  January (106)
  • ►  2024 (1505)
    • ►  December (88)
    • ►  November (87)
    • ►  October (117)
    • ►  September (142)
    • ►  August (178)
    • ►  July (140)
    • ►  June (149)
    • ►  May (111)
    • ►  April (110)
    • ►  March (113)
    • ►  February (101)
    • ►  January (169)
  • ►  2023 (1859)
    • ►  December (185)
    • ►  November (144)
    • ►  October (188)
    • ►  September (170)
    • ►  August (165)
    • ►  July (123)
    • ►  June (104)
    • ►  May (123)
    • ►  April (127)
    • ►  March (149)
    • ►  February (170)
    • ►  January (211)
  • ►  2022 (2717)
    • ►  December (156)
    • ►  November (201)
    • ►  October (240)
    • ►  September (205)
    • ►  August (159)
    • ►  July (130)
    • ►  June (197)
    • ►  May (298)
    • ►  April (246)
    • ►  March (341)
    • ►  February (247)
    • ►  January (297)
  • ►  2021 (4084)
    • ►  December (351)
    • ►  November (295)
    • ►  October (389)
    • ►  September (358)
    • ►  August (355)
    • ►  July (296)
    • ►  June (231)
    • ►  May (293)
    • ►  April (434)
    • ►  March (431)
    • ►  February (292)
    • ►  January (359)
  • ►  2020 (3580)
    • ►  December (388)
    • ►  November (260)
    • ►  October (308)
    • ►  September (371)
    • ►  August (436)
    • ►  July (571)
    • ►  June (417)
    • ►  May (172)
    • ►  April (175)
    • ►  March (137)
    • ►  February (141)
    • ►  January (204)
  • ►  2019 (1354)
    • ►  December (203)
    • ►  November (115)
    • ►  October (165)
    • ►  September (167)
    • ►  August (217)
    • ►  July (172)
    • ►  June (96)
    • ►  May (69)
    • ►  April (34)
    • ►  March (29)
    • ►  February (45)
    • ►  January (42)
  • ►  2018 (91)
    • ►  December (68)
    • ►  November (23)
Simple theme. Theme images by luoman. Powered by Blogger.