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Showing posts from May, 2020

Finance News

Maryland child care providers say they can’t afford to stay open with state restrictions https://www.baltimoresun.com/coronavirus/bs-md-child-care-survive-20200528-swocns5bdzdfnfgb7p7enxalry-story.html ‘Sorry, no mask allowed’: Some businesses pledge to keep out customers who cover their faces https://www.washingtonpost.com/nation/2020/05/28/masks-not-allowed-coronavirus/ People are mistaking stimulus payments for junk mail or a scam https://www.washingtonpost.com/business/2020/05/28/people-are-mistaking-stimulus-payments-junk-mail-or-scam/ Americans have filed more than 40 million jobless claims in past 10 weeks, as another 2.1 million filed for benefits last week  https://www.washingtonpost.com/business/2020/05/28/unemployment-claims-coronavirus/ As Day Care Centers Reopen, Will Parents Send Their Children? https://www.nytimes.com/2020/05/29/us/coronavirus-child-care-centers.html?smid=tw-share The Investment Perspectives Blog is at: https://tinyurl.com/

Finance News

Census Bureau’s real-time surveys assess impact of pandemic https://www.washingtonpost.com/local/social-issues/census-surveys-pandemic-impact/2020/05/27/b7b55854-a027-11ea-9590-1858a893bd59_story.html Amtrak to cut up to 20 percent of workforce as coronavirus takes toll  https://www.washingtonpost.com/transportation/2020/05/27/amtrak-cut-up-20-percent-workforce-coronavirus-takes-toll/ Executive Order Is Expected to Curtail Protections for Social Media Companies https://www.nytimes.com/2020/05/28/us/politics/trump-executive-order-social-media.html?smid=tw-share Disney World Sketches Out Tiered Reopening Plan With Social Distancing Modifications https://time.com/5843377/disney-world-reopening-coronavirus/?utm_source=newsletter&utm_medium=email&utm_campaign=the-brief&utm_content=20200528&xid=newsletter-brief All of the World's Money and Markets in One Visualization https://www.visualcapitalist.com/all-of-the-worlds-money-and-markets-in-one-visualization

Finance News

E.U. proposes $825 billion coronavirus rescue plan giving Brussels power to raise money for first time https://www.washingtonpost.com/world/europe/angela-merkel-economic-rescue/2020/05/27/9d21b998-9f7c-11ea-be06-af5514ee0385_story.html Taxpayers paid to develop remdesivir but will have no say when Gilead sets the price https://www.washingtonpost.com/business/2020/05/26/remdesivir-coronavirus-taxpayers/ Desperate workers rush to delivery app jobs to find low pay and punishing rules https://www.washingtonpost.com/technology/2020/05/23/gig-work-instacart-shipt-amazon-flex-doordash/ Congress needs a fix for the unintended consequences of its unemployment relief https://www.washingtonpost.com/opinions/congress-needs-a-fix-for-the-unintended-consequences-of-its-unemployment-relief/2020/05/26/99a22a9e-9c40-11ea-ad09-8da7ec214672_story.html An ‘Avalanche of Evictions’ Could Be Bearing Down on America’s Renters https://www.nytimes.com/2020/05/27/us/coronavirus-evictions-renters.h

Finance News

Amid Pandemic, Meatpacking Safety Recommendations Are Largely Unenforceable https://time.com/5840831/meatpacking-coronavirus-safety-recommendations/?utm_source=newsletter&utm_medium=email&utm_campaign=the-brief&utm_content=20200525&xid=newsletter-brief Wealthiest Hospitals Got Billions in Bailout for Struggling Health Providers https://www.nytimes.com/2020/05/25/business/coronavirus-hospitals-bailout.html?smid=tw-share Interest Rate on Federal College Loans Is About to Hit a Record Low https://www.nytimes.com/2020/05/22/your-money/coronavirus-interest-rates-college-loans-federal.html?smid=tw-share Rock-Bottom Interest Rates May Be Here to Stay https://www.nytimes.com/2020/05/22/business/economy/fed-interest-rates-coronavirus.html?smid=tw-share As Reopening Starts, Americans Expect Recovery to Take Years https://www.nytimes.com/2020/05/20/business/economy/coronavirus-economy-survey.html?smid=tw-share The meat industry is trying to get back to normal. But w

Finance News

America’s seniors, sacrificed on the altar of reopening https://www.washingtonpost.com/opinions/2020/05/22/americas-seniors-sacrificed-altar-reopening/ On the front lines of the pandemic, grocery workers are in the dark about risks https://www.washingtonpost.com/investigations/2020/05/24/grocery-workers-coronavirus-risks/ Some American nurses are facing pay cuts. But around the world, many are getting huge raises. https://www.washingtonpost.com/world/africa/health-worker-hazard-pay-coronavirus-ghana-nurses/2020/05/24/d0748620-9952-11ea-ad79-eef7cd734641_story.html The virus is worsening the racial wealth gap. Careless rescue policies could, too. https://www.washingtonpost.com/opinions/the-virus-is-worsening-the-racial-wealth-gap-careless-rescue-policies-could-too/2020/05/24/a2e42556-96b1-11ea-91d7-cf4423d47683_story.html The world of private travel offers social distancing in the sky — at a premium   https://www.washingtonpost.com/travel/2020/05/19/world-private-t

Finance News

The Coronavirus Pandemic Revealed How Domestic and Migrant Workers Are 'Invisible' in the U.S. Economy https://time.com/5838383/ai-jen-poo-monica-ramirez-time-100-talks/?utm_source=newsletter&utm_medium=email&utm_campaign=the-brief&utm_content=20200523&xid=newsletter-brief In the developing world, the coronavirus is killing far more young people https://www.washingtonpost.com/world/the_americas/coronavirus-brazil-killing-young-developing-world/2020/05/22/f76d83e8-99e9-11ea-ad79-eef7cd734641_story.html There is one ingredient essential to reopening the economy, and still no federal plan to get it https://www.washingtonpost.com/opinions/there-is-one-ingredient-essential-to-reopening-the-economy-and-still-no-federal-plan-to-get-it/2020/05/22/4a992ad4-9c67-11ea-ac72-3841fcc9b35f_story.html The Investment Perspectives Blog is at: https://tinyurl.com/blogfin052420 with 3 finance articles. My blog can also be found on my Facebook Investment Perspectives Pag

Finance News

Sales of drug touted by Trump have been soaring https://www.cnn.com/2020/05/22/health/hydroxychloroquine-sales-covid-19-trump-invs/index.html?fbclid=IwAR1shQHt65LUAH-FQhYn_7rH_l-tDD_7mHUIRC76DmY4Bue_Bm-wKzPtNQE What we’ve learned so far about where the economy is headed https://www.marketplace.org/2020/05/22/what-weve-learned-so-far-about-where-the-economy-is-headed/ Nearly every state had historic levels of unemployment last month, new data shows https://www.washingtonpost.com/business/2020/05/22/state-unemployment-rate-april/ The Disparities in America's Small Business Relief http://connect.brookings.edu/the-disparities-in-americas-small-business-relief?ecid=ACsprvtYkEjkLc_LlfZqKD0_I6K51qdnfvOCXemFjdopGXQDKIx7OqYSRCWFW1udUAoV4zN6UFxr&utm_campaign=brookings-comm&utm_source=hs_email&utm_medium=email&utm_content=88373982 Homeowners stopped paying mortgages in record numbers in April   https://www.washingtonpost.com/business/2020/05/22/mortgage-

Finance

Coronavirus Shutdowns Weigh on Book Sales https://www.nytimes.com/2020/05/19/books/coronavirus-book-sales-march-2020.html?smid=tw-share 2.4 million Americans filed jobless claims last week, bringing nine-week total to 38.6 million   https://www.washingtonpost.com/business/2020/05/21/unemployment-claims-coronavirus/   Goldman Sachs Forecloses on 10,000 Homes for ‘Consumer Relief’ https://www.nytimes.com/2020/05/22/business/goldman-sachs-mortgage-foreclosure.html?smid=tw-share This Investment Perspectives Blog is at: https://tinyurl.com/blogfin052220 with 3 finance articles. My blog can also be found on my Facebook Investment Perspectives Page https://www.facebook.com/thausnerinvest My twitter page: @thinvestmentpe1 #Invest #Invest Education #FinEd

Finance News

Projected State Shortfalls Grow as Economic Forecasts Worsen https://www.cbpp.org/blog/projected-state-shortfalls-grow-as-economic-forecasts-worsen T he pandemic upended child care. It could be devastating for women.   https://www.washingtonpost.com/politics/2020/05/20/pandemic-upended-child-care-it-could-be-devastating-working-women/ How Global Central Banks are Responding to COVID-19, in One Chart https://www.visualcapitalist.com/global-central-banks-policy-response-covid-19/ As the backlogged IRS struggles to open mail and answer the phone, taxpayers face long delays https://www.washingtonpost.com/politics/as-the-backlogged-irs-struggles-to-open-mail-and-answer-the-phone-taxpayers-face-long-delays/2020/05/19/e89910d8-93ce-11ea-82b4-c8db161ff6e5_story.html   Mask shortage for most health-care workers extended into May, Post-Ipsos poll shows https://www.washingtonpost.com/health/mask-shortage-for-most-health-care-workers-extended-into-may-post-ipsos-poll-shows/202

Finance

Trade Association: 25% Of Maryland Restaurants Likely To Permanently Close https://cbsloc.al/3e4F3yy#.XsUwML7aQYU.twitter Chipotle Mexican Grill Inc, Taco Bell owner Yum! Brands Inc, and Domino’s Pizza Inc are among several household names planning post-pandemic growth, according to their CEOs. https://www.huffpost.com/entry/coronavirus-small-restaurants-big-chains_n_5ec403a5c5b6c7fcf2de1f96?ncid=engmodushpmg00000004  via @HuffPostBiz Incomes have crashed. How much has unemployment insurance helped? https://brook.gs/2WuWanf via @BrookingsInst Trump expresses opposition to extending unemployment benefits enacted in response to pandemic https://www.washingtonpost.com/politics/trump-expresses-opposition-to-extending-unemployment-benefits-enacted-in-response-to-pandemic/2020/05/19/19ae0e50-9a12-11ea-a282-386f56d579e6_story.html Elizabeth Warren on Trump’s theat to close the Post Office https://www.facebook.com/540658586/posts/10157236445643587/?d=n Developing polici

Finance News

Stealth Bailout Shovels Millions of Dollars to Oil Companies https://www.bloomberg.com/news/articles/2020-05-15/-stealth-bailout-shovels-millions-of-dollars-to-oil-companies?fbclid=IwAR3zb234DlaSBq9kPtB_HlvfBaTobovWjWmm-K5wnTsI6QOnxzh6UkJnHqA The French Connection: Trump Family Trusts Are Invested in Hydroxychloroquine Maker http://a.msn.com/01/en-us/BB12he2q?ocid=st2 ‘No offense, but is this a joke?’ Inside the underground market for face masks. https://www.washingtonpost.com/health/2020/05/18/sea-sleaze-inside-underground-market-coronavirus-masks/ Colleges push viral testing, other ideas for reopening in fall. But some worry about deepening the health crisis. https://www.washingtonpost.com/local/education/college-virus-tests-reopen-fall/2020/05/14/3b03d7f2-951b-11ea-82b4-c8db161ff6e5_story.html Child Care Faces Crunch With Phase One Reopening, Fears for Future https://www.marylandmatters.org/2020/05/19/child-care-faces-crunch-with-phase-one-reopening-fears-for-future/

Finance News

A legacy of sexism and racism has long fueled the underfunding of the child care industry. Now it's on the brink of collapse. https://www.huffpost.com/entry/child-care-industry-coronavirus-no-bailout-congress_n_5ebe9ea0c5b6ae86c2fd2c00?ncid=engmodushpmg00000004   via @HuffPostPol The Investment Perspectives Blog is at: https://tinyurl.com/blogfin051820 with 3 finance articles. COVID-19 Care Will Not End at Discharge—Government Help for the Uninsured Shouldn’t Either https://ti.me/3dLTZRS?utm_source=twitter.com&utm_medium=social&utm_campaign=social-share-article My blog can also be found on my Facebook Investment Perspectives Page  https://www.facebook.com/thausnerinvest My twitter page: @thinvestmentpe1 #Invest #Invest Education #FinEd

Finance News

Small businesses in high-rent cities face disaster. If they go under, urban life will change. https://www.washingtonpost.com/local/small-businesses-in-high-rent-cities-face-disaster-if-they-go-under-urban-life-will-change/2020/05/14/e6b73a54-9088-11ea-a0bc-4e9ad4866d21_story.html How China Could Emerge Even Stronger After COVID-19   https://t.co/sZB8FFgYAyn?amp=1   Pandemic Unemployment Insurance Provisions: What They Mean for Access to SNAP, Medicaid, and TANF https://www.cbpp.org/research/economy/pandemic-unemployment-insurance-provisions-what-they-mean-for-access-to-snap     Fiscal Relief Needed Now to Stop Massive State Job Loss From Becoming Permanent https://www.cbpp.org/blog/fiscal-relief-needed-now-to-stop-massive-state-job-loss-from-becoming-permanent COVID-19 Surveys Show Rapidly Rising Food Needs https://www.cbpp.org/blog/covid-19-surveys-show-rapidly-rising-food-needs How the Coronavirus is Killing the Middle Class https://www.newyorker.com/news/di

Finance News

My blog can also be found on my Facebook Investment Perspectives Page https://www.facebook.com/thausnerinvest J.C. Penney files for bankruptcy, plans to close some stores https://www.washingtonpost.com/business/2020/05/15/jc-penney-bankruptcy-chapter-11/ The Investment Perspectives Blog is at: https://tinyurl.com/blogfin051620A  with 2 finance articles. Give Businesses Better Guidelines, Not Immunity https://www.nytimes.com/2020/05/15/opinion/coronavirus-liability-business-safety.html?smid=tw-share My twitter page: @thinvestmentpe1 #Invest #Invest Education #FinEd

Finance News

Retail sales plunged 16.4 percent in April as coronavirus pandemic drives record decline https://www.washingtonpost.com/business/2020/05/15/retail-sales-april-coronavirus/    Hospitals Knew How to Make Money. Then Coronavirus Happened. https://www.nytimes.com/2020/05/15/us/hospitals-revenue-coronavirus.html?smid=tw-share Movie Theaters Are on the Brink. Can Wine and Cheese Save Them? https://www.nytimes.com/2020/05/15/business/movie-theaters-coronavirus.html?smid=tw-share This blog can be found at  https://tinyurl.com/blogfin051520 My blog can also be found on my Facebook Investment Perspectives Page https://www.facebook.com/thausnerinvest My twitter page: @thinvestmentpe1 #Invest #Investment Education #FinEd

Finance News

·        U.S. stocks sink, with Dow falling more than 500 points, after Fed chief signals economic pain ahead   https://www.washingtonpost.com/business/2020/05/13/stocks-markets-today-powell-economy/ ·        Takeout isn’t the only way forward for restaurants struggling during coronavirus https://www.bloomberg.com/news/articles/2020-05-07/survival-strategies-for-small-restaurants via @BW This blog can be found at my Facebook Investment Perspectives Page https://www.facebook.com/thausnerinvest My twitter page: @investmentpe1         This  Investment Perspectives Blog is at: https://tinyurl.com/blogfin051420           #Invest #Invest Education #FinEd

Finance News

·        The Pandemic Will Permanently Change the Auto Industry https://www.nytimes.com/2020/05/13/business/auto-industry-pandemic.html?smid=tw-share ·        Consumer complaints to Transportation Department about airlines have skyrocketed during coronavirus pandemic https://www.washingtonpost.com/local/trafficandcommuting/consumer-complaints-to-transportation-department-about-airlines-have-skyrocketed-during-coronavirus-pandemic/2020/05/12/fae178e6-9457-11ea-82b4-c8db161ff6e5_story.html ·        April saw the sharpest increase in grocery store prices in nearly 50 years https://www.washingtonpost.com/business/2020/05/12/april-saw-sharpest-increase-grocery-store-prices-nearly-50-years/ ·        Small business used to define America’s economy. The pandemic could change that forever. https://www.washingtonpost.com/business/2020/05/12/small-business-used-define-americas-economy-pandemic-could-end-that-forever/ ·        U.S. deficit balloons to $738 billion in April alone, a