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.
Economists track what’s called the Baltic Dry Index as a snapshot of what’s coursing through the arteries of the global economy. Plus, 13 more J.C. Penney stores will close for good. And, surveying millennials about transformational change.
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Some families facing financial hardship in Latin America are sending children to work. Germany imposes fresh regional lockdowns after a spike in COVID-19 cases. A spotlight on Spain’s migrant fruit pickers.
Confusion after White House trade adviser Peter Navarro seemed to say the U.S.-China “Phase 1” trade deal was “over.” Trump says it’s “fully intact.” How long will the grocery surge last? How COVID-19 is hitting densely populated Chelsea, Massachusetts.
Around 70% of America’s H-1B visas, now temporarily suspended, go to workers from India. Renault and Nissan face a U.K. lawsuit over emissions cheating claims. South Africa announces its first COVID-19 vaccine trial.
Following a White House order, the U.S. will stop issuing new visas for people who want to travel to the country for work. Rethinking police dramas on TV. China launches its final satellite in a system to rival GPS.
The IRS is making more families eligible to borrow from their retirement accounts without penalty. American Airlines has been forced to raise another $3.5 billion. Why the U.S. government would sell bonds that don’t need to be paid back.
Nearly 4.5 million homeowners late on mortgage payments in May. Potential home sellers have been cautious about getting into the market. As businesses reopen, some add a COVID-19 surcharge. And, Wirecard says the missing $2 billion never existed.
The German payments processor Wirecard says money missing from its accounts may not exist. Britain tightens foreign takeover rules for future pandemics. How furloughed airline staff are helping health care workers.
Given the intense focus on racial injustice, corporations are doing more to mark Juneteenth this year. Plus, how much money did households save by cooking their own meals during lockdowns? And, 40 years of CNN.
