We speak with the president and CEO of Consumer Reports about, among other things, holding social media accountable during COVID-19. Plus, in a break from tradition, no new target for economic growth in China.
It’s now 39 million people that have filed first-time unemployment claims since the lockdowns started. Mortgage loan delinquencies skyrocket. Marketplace’s podcast “The Uncertain Hour” has a new episode out about the wealth and poverty history of quarantines.
The Senate has unanimously passed a bill that could force some foreign companies off American stock exchanges. Citi announced it will buy up Paycheck Protection Program loans. Toward the bottom rung of California’s housing market, conditions can be unsafe.
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Mark Zuckerberg insists Facebook will only remove content that risks real imminent harm. Airlines race to get travelers back in the sky. How can governments help companies at risk of financial collapse?
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.
