The European Union’s recovery fund will have more than $850 billion, the majority in grants, with some loans. Are Uber drivers self-employed or not? Contact tracers in South Africa are on the front line against COVID-19.
Congress begins to hammer out the next round of COVID-19 aid. Meanwhile, some people still have not gotten their first COVID-19 relief checks. The “Strike for Black Lives” today. And, what will we see in airlines’ second-quarter results this week?
The fight on Capitol Hill continues over how to support the U.S. economy as the pandemic rages on. Tesla’s upcoming earnings report could make it eligible to join the S&P 500. And, emergency help for farmers during COVID-19.
The United Arab Emirates has launched its first Mars mission. Can Europe’s leaders reach a compromise on the balance of loans versus grants in their COVID-19 recovery fund? What worries of a second coronavirus wave could mean for European airlines.
The rate on a 30-year-fixed mortgage is the lowest it’s been in decades. Why? British Airways is retiring its entire Boeing 747 jumbo jet fleet. Also, a town in Colorado illustrates the clash between summer tourism and a pandemic.
Mortgage rates are at a 50-year low. Netflix is flourishing during the pandemic, with millions of new subscribers and billions in revenue. We also discuss how diversity recruiting is rising, but holding on to diverse talent has proven elusive.
For months, the 27 European Union countries have struggled to agree on whether pandemic relief to countries should be through grants or loans that have to be repaid. India resumes some flights to the US and France.
Retail sales are up, but the numbers reflect a time before all of the new COVID-19 cases. U.S. manufacturing also surged in June, automakers were the biggest winners. And, sports betting has carried on creatively even with many leagues paused.
China reports that its economy grew 3.2% in the second quarter from the same time last year. For June, economists expect retail sales numbers will be up again. We’ll find out this morning. And, Americans fight food insecurity during COVID-19.
The European Court of Justice struck down an existing EU-U.S. data transfer mechanism over privacy concerns. China’s economy has avoided a recession. How can the venture capital world tackle its diversity problem?