Consumers spending jumped a record 8.2% in May, but “we’re not even close” to back to normal. Airlines executives are going to the White House today to talk COVID-19 concerns. And, Ibiza’s clubs are shut down for the foreseeable future.
Half a million Americans have turned to Obamacare during COVID-19. So why does the Trump Administration want the Supreme Court to strike it down? Texas governor pauses reopening the state. And, people are ditching big weddings in favor of elopements.
Almost 2,000 people are under quarantine in Germany after a coronavirus outbreak at a meat factory. Meanwhile, France’s coastal towns are relying on domestic visitors as EU countries discuss reopening borders.
One of the largest product-liability settlements ever takes shape. Will the U.S. be able to sustain an improvement in reducing unemployment? Nike’s earnings, and its support for Black Lives Matter. How the pandemic is testing the foster care system.
As we reimagine an economy of the future, economist and “Angrynomics” author Mark Blyth shares ideas for a “citizens’ wealth fund.” And, with COVID-19 cases spiking, reopenings are being reconsidered, including at Disney theme parks.
Billions are needed to boost the economy of Africa’s largest crude oil producer. Qantas cuts 20% of its workforce. Travel companies struggle as Saudi Arabia bans international pilgrims travelling for hajj.
Who got Paycheck Protection loans? New research suggests those who got the most may have needed it the least. Plus, a cautious mood among stock investors with COVID-19 spikes. And, the child care industry’s dire need for financial help.
Majorities of young people, independent of race, perceive problems with systemic racism and systemic discrimination, according to the GenForward survey.
