The CBO forecasts the U.S. economy will shrink at a 38% annualized rate this quarter. Small upticks in ticket sales for summer travel. Which colleges will reopen this fall? An appeal for France’s city dwellers to help out on farms.
MIT researchers have created a framework to assess the “cumulative risk” of opening various businesses and public spaces. Johnson & Johnson says it’ll stop selling the talc-based version of its baby powder. The SBA says PPP loans are getting smaller.
Venezuela’s central bank is taking legal action to get its bullion back. Will Spain extend its COVID-19 emergency measures for a fifth time? An extra public holiday could boost global tourism.
Housing starts in April fell by more than expected last month, a 30% drop. President Trump’s threat to the WHO. Home improvement sales hold steady. The complicated rules that businesses with PPP loans have to follow to get them forgiven.
Electric car sales will be down this year, but not as much as sales for combustion engine cars. Local meat producers are having a moment. Prince Charles calls for British people looking for work to help with the harvest.
President Trump issued a 30-day ultimatum to the World Health Organisation over its handling of COVID-19. China sticks 80% tariffs on Australian barley imports. Britain oulines its post-Brexit tariff plans.
J.C. Penney becomes the latest in a line of major retailers to declare bankruptcy. Federal Reserve Chair Jerome Powell’s message to the government on COVID-19 relief. Walmart earnings and how our shopping habits have changed.
Federal Reserve Chair Jerome Powell thinks it might take until the end of 2021 for the economy to recover. Auto companies take steps to protect workers as car factories reopen. What’s it like to be hired remotely during this pandemic?
Will a $1 trillion stimulus be enough to spur Japan’s economic recovery? Seventy percent of India’s hotels could close due to COVID-19, as economic forecasts worsen. Airlines struggle to deal with the impact of quarantine measures.
A 16% drop in retail sales for April. Federal regulators have raised a question about the accuracy of a new COVID-19 test. Data that one vaccine from Oxford is working in monkeys. How farmers in the Northwest are doing.
