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Showing posts from July, 2020

Finance News

Finance U.S. economy contracted at fastest quarterly rate on record from April to June as coronavirus walloped workers, businesses https://www.washingtonpost.com/business/2020/07/30/gdp-q2-coronavirus/ Does Trump Want to Save His Economy? https://www.nytimes.com/2020/07/31/business/coronavirus-trump-economy.html?smid=tw-share This recession is already deep. If Congress fails to act, a lot of damage could be permanent. https://www.washingtonpost.com/business/2020/07/30/economists-favor-big-stimulus/ Big Tech is worth even more the day after Congressional grilling https://www.washingtonpost.com/technology/2020/07/30/amazon-apple-facebook-google-earnings/ How COVID-19 Has Impacted Black-White Financial Inequality https://www.visualcapitalist.com/covid-19-impacted-black-white-financial-inequality/ Another Problem on the Health Horizon: Medicare Is Running Out of Money https://khn.org/MTEzNzcxNg As airline workers face steep job losses, unions call on Congress to extend

Finance News

Lawmakers, United in Their Ire, Lash Out at Big Tech’s Leaders https://www.nytimes.com/2020/07/29/technology/big-tech-hearing-apple-amazon-facebook-google.html?smid=tw-share Fed chief: New surge in cases is beginning to weigh on the economy https://www.washingtonpost.com/business/2020/07/29/powell-fed-economy/ Amazon may have used proprietary data to compete with its merchants, Bezos tells Congress https://www.washingtonpost.com/technology/2020/07/29/bezos-testimony-data-antitrust/ Opinion | Maryland’s child-care centers need the state’s help to survive https://www.washingtonpost.com/opinions/2020/07/28/marylands-child-care-centers-need-states-help-survive/ The pandemic could slash state revenues by $200 billion via https://urbn.is/31AYOus Boeing’s revenue plunges 25 percent as long-term effects of pandemic take hold https://www.washingtonpost.com/business/2020/07/29/boeings-revenue-plunges-by-25-percent-long-term-effects-pandemic-take-hold/ Treasury agree

Finance News

Biden Is Right. Pay for Home Health Workers Is Paltry. https://khn.org/MTE0MjYwOQ The child-care industry is on the brink of collapse. Congress must rescue it. https://wapo.st/3glEl1r?tid=ss_tw Connected Workers: How Digital Transformation is Shaping Industry’s Future https://www.visualcapitalist.com/connected-workers-digital-transformation-future/ Charting the Massive Scale of the Digital Cloud https://www.visualcapitalist.com/massive-scale-of-cloud/ The Future of Remote Work, According to Startups https://www.visualcapitalist.com/the-future-of-remote-work-according-to-startups/ The COVID-19 Downturn Triggers Jump in Medicaid Enrollment https://khn.org/MTE0MjU4NA   In Texas, More People Are Losing Their Health Insurance as COVID Cases Climb https://khn.org/MTE0MTUxNQ Recreation In A Time Of COVID https://khn.org/MTE0MzE5OQ Dental and Doctors’ Offices Still Struggling with COVID Job Loss https://khn.org/MTE0MTUyOQ     Protecting American C

Finance News

Disinvestment in Black and Latino Chicago neighborhoods is rooted in policy. Here’s how these communities continue to be negatively impacted. https://www.chicagotribune.com/living/health/ct-life-inequity-data-policy-roots-chicago-20200726-r3c7qykvvbfm5bdjm4fpb6g5k4-story.html     2020 is the summer of booming home sales — and evictions https://www.washingtonpost.com/business/2020/07/27/housing-inequality-coronavirus/     The State of Women's Economic Rights Worldwide https://advisor.visualcapitalist.com/womens-economic-rights-worldwide/     16 States Go Ahead With ‘Back to School’ Sales Tax Holidays https://www.nytimes.com/2020/07/24/your-money/back-to-school-tax-holiday-coronavirus.html?smid=tw-share ‘Less Optimistic’ and ‘More Cautious’: Top C.E.O.s Fret as Virus Cases Rise https://www.nytimes.com/2020/07/20/business/coronavirus-ceos-economy.html?smid=tw-share Patient, Can You Spare a Dime? https://www.nytimes.com/2020/07/21/health/hospitals-donations-pa

Finance News

Class of 2020 leaves Maryland colleges to find uniquely bleak job market crushed by pandemic, recession https://www.baltimoresun.com/coronavirus/bs-md-college-graduates-no-jobs-20200724-dgq7v7wsijbrjaue35kw2e7ici-story.html ‘The forgotten industry’: Westminster business calls on Congress to provide COVID-19 relief to bus companies https://www.baltimoresun.com/coronavirus/cc-rills-bus-covid-relief-bus-industry-westminster-20200726-grsz3okky5bwbputyxgc34neby-story.html      Region’s food truck owners wonder if they’ll survive the pandemic https://www.washingtonpost.com/local/regions-food-truck-owners-wonder-if-theyll-survive-the-pandemic/2020/07/24/f5368674-cc2f-11ea-bc6a-6841b28d9093_story.html Amid pandemic, graduate student workers are winning long-sought contracts https://www.washingtonpost.com/education/2020/07/19/grad-student-unions-pandemic/   Banks face a unique coronavirus problem: Now everyone is wearing a mask https://www.washingtonpost.com/business/2020/0

Finance News

Perspective | Wall Street doesn’t care if Trump loses. Here’s why. https://www.washingtonpost.com/business/2020/07/23/wall-street-doesnt-care-if-trump-loses-heres-why/ Perspective | Coronavirus pandemic work stress: How to hang on when your job is wearing you down. https://www.washingtonpost.com/business/2020/07/23/coronavirus-job-work-stress-cope/     ‘We’re hurting’ — Americans are losing $600 of weekly unemployment but many still can’t find work https://www.cnbc.com/2020/07/25/the-600-unemployment-boost-is-gone-so-are-the-jobs.html?__source=sharebar|twitter&par=sharebar Bloomin’ Brands CEO says beef and seafood costs are falling, an ‘opportunity’ for its restaurant chains https://www.cnbc.com/2020/07/24/bloomin-brands-ceo-says-its-beef-seafood-costs-are-actually-falling.html?__source=sharebar|twitter&par=sharebar Thematic ETFs are red-hot. Analysts assess the market’s newest darlings https://www.cnbc.com/2020/07/25/why-analysts-are-excited-about-thematic-e

Finance News

‘A Band-Aid on a bullet wound’: Workers are getting laid off anew as PPP runs out https://www.washingtonpost.com/business/2020/07/23/ppp-layoffs/ Gold vs. Salmon: An Alaska Mine Project Just Got a Boost https://www.nytimes.com/2020/07/24/climate/pebble-mine-alaska-environment.html?smid=tw-share FDA says at least 77 hand sanitizer products may be toxic https://www.washingtonpost.com/business/2020/07/24/hand-sanitizer-recall/ Big Tech Funds a Think Tank Pushing for Fewer Rules. For Big Tech. https://www.nytimes.com/2020/07/24/technology/global-antitrust-institute-google-amazon-qualcomm.html?smid=tw-share Providing a Pandemic Safety Net, Nonprofits Need Their Own https://www.nytimes.com/2020/07/24/business/economy/nonprofits-coronavirus-economy.html?smid=tw-share   Analysis of Recent National Trends in Medicaid and CHIP Enrollment - Data Note https://www.kff.org/f3379e9/      Perspective | Wealthy retirees got a tax break from the coronavirus relief bill htt

Finance News

Rise in Unemployment Claims Signals an Economic Reversal https://www.nytimes.com/2020/07/23/business/economy/unemployment-economy-coronavirus.html?smid=tw-share   A Hedge Fund Bailout Highlights How Regulators Ignored Big Risks https://www.nytimes.com/2020/07/23/business/economy/hedge-fund-bailout-dodd-frank.html?smid=tw-share Earthquake sensors record unprecedented drop in human activity due to pandemic https://www.washingtonpost.com/science/2020/07/23/human-seismic-noise-coronavirus/   Administration To Extend $5B In Aid To Nursing Homes To Cope With COVID Surge https://khn.org/MTE0MDAzMA Ann Taylor parent company files for bankruptcy https://www.washingtonpost.com/business/2020/07/23/ann-taylor-bankruptcy-ascena-coronavirus/   In North Carolina, unpaid electric and water bills are driving families and cities to the financial brink https://www.washingtonpost.com/business/2020/07/23/north-carolina-utility-bills-coronavirus/     ‘A Band-Aid on a bullet wo

Finance News

Biden Unveils His Caregiver Plans https://khn.org/MTEzOTA5Ng Major new climate study rules out less severe global warming scenarios https://www.washingtonpost.com/weather/2020/07/22/climate-sensitivity-co2/?tid=ss_tw Some in Texas fear Trump ban on undocumented immigrants in census is scare tactic to suppress count https://www.washingtonpost.com/immigration/texas-census-undocumented/2020/07/22/4acac326-cbc1-11ea-bc6a-6841b28d9093_story.html Pfizer Gets $1.95 Billion to Produce Coronavirus Vaccine by Year’s End https://www.nytimes.com/2020/07/22/us/politics/pfizer-coronavirus-vaccine.html?smid=tw-share     Hearst Employees Say Magazine Boss Led Toxic Culture https://www.nytimes.com/2020/07/22/business/media/hearst-harassment-troy-young.html?smid=tw-share Microsoft is accused of corporate bullying, after years of avoiding antitrust allegations https://www.washingtonpost.com/technology/2020/07/22/slack-microsoft-europe/ Novavax executives stand to collect m