The pandemic has closed casinos, a major economic engine for Native American tribes. Money out of the stock market following news of a COVID-19 outbreak in Beijing and infection increases in U.S. states. Bankrupt Hertz is flooding the used-car market.
The White House is worried that the extra $600 a week in unemployment benefits makes not working too attractive. The new head of the U.S. Postal Service. And, how COVID-19 is reshaping the response to domestic violence.
As non-essential stores in England open for the first time in three months, the boss of bookseller Barnes & Noble and Waterstones explains how quarantining books works. Investors worry about a potential second wave of COVID-19 infections.
Employees are crowdsourcing donations to social justice groups, which their employers matching. Plus, a roller-coaster week on Wall Street, a new number on consumer sentiment and spikes in new COVID-19 cases. And, household debt increased in the first quarter.
The stock market’s biggest drop since March. A big part of the Republican National Convention is moving from Charlotte, North Carolina, to Jacksonville, Florida. Calls to change the measure that lets police departments get surplus military hardware and supplies.
The U.K.’s economy shrank by 20.4% in April, the sharpest contraction since records began. Asian and European stocks follow Wall Street down on fears of a second wave of the coronavirus. And, Sony has revealed its new Playstation 5.
After IBM said it will no longer sell or research facial recognition software, Amazon announces amoratorium on police use of its technology. Grubhub’s acquisition by Just Eat Takeaway. The stock market tumbles after a Federal Reserve reality check.
America’s top economic policymakers at the Federal Reserve think the COVID-19 economy will linger on. How the U.S. shelters homeless people during a pandemic. And, how Starbucks has been hit the decline in commuting.
Why Europe’s Just Eat Takeaway acquired Grubhub and what it means for Uber Eats, who’d previously been trying to secure a deal. Trade tensions rise between China and Australia. Spain’s top soccer league La Liga returns tonight.
Debate over extending the extra $600 a week in unemployment benefits. Should government support for the economy continue? The number of deferred credit card payments appears to be dropping. How community participation can guide law enforcement.