Friday, May 29, 2020
Texas reports single-day high in new coronavirus cases as deaths, cases double in May
https://www.star-telegram.com/news/coronavirus/article243069531.html
Arkansas Sees Coronavirus 'Second Wave' With Highest Single-Day Rise in Community Cases Since Outbreak Began
https://www.newsweek.com/arkansas-second-wave-coronavirus-1507288
Tyson Foods will shut U.S. pork plant as more workers catch COVID-19
https://www.reuters.com/article/us-health-coronavirus-usa-meatpacking-idUSKBN23434R
U.S. savings rate hits record 33% as coronavirus causes Americans to stockpile cash, curb spending
https://www.cnbc.com/2020/05/29/us-savings-rate-hits-record-33percent-as-coronavirus-causes-americans-to-stockpile-cash-curb-spending.html
U.S. Consumer Spending Plunges While Stimulus Boosts Incomes
https://www.bloomberg.com/news/articles/2020-05-29/u-s-consumer-spending-plunges-jobless-benefits-boost-incomes
Coronavirus cases are surging in 17 states that are trying to reopen
https://bgr.com/2020/05/28/coronavirus-us-17-states-reopening-covid-19-cases-rising/
Thursday, May 28, 2020
Cornell researchers said that this odd thing may be making you drink more alcohol
https://www.theladders.com/career-advice/cornell-researchers-said-that-this-odd-thing-may-be-influencing-your-drinking-habits
NY Fed President Williams says U.S. is not ‘anywhere near’ its limits to run up debt
https://www.cnbc.com/2020/05/28/ny-fed-president-williams-says-us-is-not-anywhere-near-its-limits-to-run-up-debt.html
America's awful economy in the first quarter was even worse than we thought
https://www.cnn.com/2020/05/28/economy/us-gdp-first-quarter-revision/index.html
Big Bankruptcies Sweep the U.S. in Fastest Pace Since May 2009
https://www.bloomberg.com/news/articles/2020-05-28/big-bankruptcies-sweep-the-u-s-in-fastest-pace-since-may-2009
COVID-19 could be the final nail in the coffin of HP’s printing business
https://www.marketwatch.com/story/covid-19-could-be-the-final-nail-in-the-coffin-of-hps-printing-business-2020-05-27
Wednesday, May 27, 2020
Fed finds new challenge for the economy: Workers who don’t want to come back to their jobs
https://www.cnbc.com/2020/05/27/fed-beige-book-many-workers-dont-want-to-come-back-to-their-jobs.html
Spike in South Korea virus cases shows perils of reopening
https://apnews.com/72fae695d7df85accb1bf449568a8a1f
France bans hydroxychloroquine to treat COVID-19 amid safety concerns
https://www.reuters.com/article/us-health-coronavirus-hydroxychloroquine-idUSKBN233197
Tuesday Morning declares bankruptcy, to close 33% of its stores in the reorganization
https://www.marketwatch.com/story/tuesday-morning-declares-bankruptcy-to-close-33-of-its-stores-in-the-reorganization-2020-05-27
Salaries Get Chopped for Many Americans Who Manage to Keep Jobs
https://www.bloomberg.com/news/articles/2020-05-27/salaries-get-chopped-for-many-americans-who-manage-to-keep-jobs
COVID-19 lawsuit takes on McDonald's like it was a rowdy bar
https://www.reuters.com/article/us-health-coronavirus-mcdonald-s-corp-la-idUSKBN2321H6
Tuesday, May 26, 2020
Alabama's Easing of Restrictions Has Given 'a False Sense of Security,' Says Montgomery Mayor Steven Reed
https://time.com/5842216/alabama-covid-19-restrictions-montgomery-mayor-steven-reed/
Covid-19 Flares Up in America's Polluted ‘Sacrifice Zones’
https://www.wired.com/story/covid-19-flares-americas-polluted-sacrifice-zones/
Brace for Blackouts in the Summer of COVID-19
https://www.thedailybeast.com/brace-for-blackouts-in-the-summer-of-covid-19?ref=home?ref=home
Monday, May 25, 2020
The New York House Declared “Legally Haunted” Is for Sale
https://www.themarysue.com/legally-haunted-house-for-sale/
5 economic statistics that show the financial devastation of the pandemic for average Americans
https://www.businessinsider.com/5-stats-coronavirus-pandemic-economic-financial-impact-average-americans-2020-5
Americans are crowding public places and officials fear possibility of spikes in coronavirus cases
https://www.cnn.com/2020/05/25/health/us-coronavirus-memorial-day/index.html
This chart shows just how much America’s malls are incredibly dependent on struggling retailers
https://www.cnbc.com/2020/05/24/this-chart-shows-how-americas-malls-depend-on-struggling-retailers.html
Sunday, May 24, 2020
PPP Delayed the Day of Reckoning for Small Business. Now, Time Is Almost Up.
https://www.barrons.com/articles/ppp-delayed-the-day-of-reckoning-for-small-business-its-almost-here-51590102090
Moody's chief economist dismisses Trump's boast he'll bring the economy back quickly
https://www.rawstory.com/2020/05/moodys-chief-economist-pours-cold-water-on-trumps-boast-hell-bring-the-economy-back-quickly/
Peter Schiff: You Need To Vaccinate Your Portfolio Against Inflation
https://seekingalpha.com/article/4349776-peter-schiff-you-need-to-vaccinate-your-portfolio-against-inflation?utm_source=smartnews.com&utm_medium=referral
There's an Unorthodox Stimulus Proposal Gathering Steam on Social Media
https://www.fool.com/taxes/2020/05/24/theres-an-unorthodox-stimulus-proposal-gathering-s.aspx
Beijing Urges U.S. to Drop ‘Wishful Thinking’ of Changing China
https://www.bloomberg.com/news/articles/2020-05-24/beijing-urges-u-s-to-drop-wishful-thinking-of-changing-china
Argentina defaults on bond payments as debt talks heat up
https://www.reuters.com/article/us-argentina-debt-idUSKBN22Y1TE
Saturday, May 23, 2020
An emerging market debt crisis could be the next front in U.S.-China conflict
https://www.marketwatch.com/story/an-emerging-market-debt-crisis-could-be-the-next-front-in-us-china-conflict-2020-05-22
There’s now a $32 billion pile of commercial real estate loans in special servicing, the first step to debt relief
https://www.marketwatch.com/story/theres-now-a-32-billion-pile-of-commercial-real-estate-loans-in-special-servicing-the-first-step-to-debt-relief-2020-05-22
Friday, May 22, 2020
Hertz Files for Bankruptcy After Rental-Car Demand Vanishes
https://www.bloomberg.com/news/articles/2020-05-23/hertz-files-for-bankruptcy-after-rental-car-demand-vanishes
Nearly half of Twitter accounts pushing to reopen America may be bots | MIT Technology Review
https://www.technologyreview.com/2020/05/21/1002105/covid-bot-twitter-accounts-push-to-reopen-america/
Some business models won't survive post-pandemic: Fed minutes
https://www.channelnewsasia.com/news/business/some-business-models-survive-post-pandemic-fed-minutes-12754304
It's a perfect storm of stupid in the stock market right now
https://www.businessinsider.com/perfect-storm-of-stupid-in-stock-market-right-now-2020-5
Stimulus package: Will there be another round of stimulus checks, coronavirus relief? Mnuchin says there is 'strong likelihood' | Fortune
https://fortune.com/2020/05/21/will-there-be-second-stimulus-package-checks-next-round-mnuchin-coronavirus-congress-bill-unemployment-cares-heroes-act/
The U.S. is in ‘relative decline’ as ‘Chinese power is rapidly rising,’ warns Ray Dalio
https://www.marketwatch.com/story/the-us-is-now-the-most-powerful-empire-but-it-is-in-relative-decline-as-chinese-power-is-rapidly-rising-says-founder-of-worlds-largest-hedge-fund-2020-05-21
Marc Lasry says the market will eventually realize the U.S. will be in a recession ‘for a while’
https://www.cnbc.com/2020/05/21/marc-lasry-stock-market-will-eventually-realize-the-us-will-be-in-a-recession-for-a-while.html
Thursday, May 21, 2020
Illinois imposed a swift lockdown, while Iowa never ordered residents to stay home. A comparison of bordering counties reveals the price Iowa paid.
https://www.businessinsider.com/illinois-lockdown-compared-to-iowa-reduced-coronavirus-cases-2020-5
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