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Coronavirus update May 8

Current Events, Financial Crisis

Coronavirus
- Once upon a virus...
- Oregon county creates race-specific 'grounding space' to escape 'whiteness' during pandemic
- Coronavirus: The Hammer and the Dance
- FDA authorizes remdesivir for emergency use as coronavirus treatment
- Saudi Officials Say Whopping 70% Of Mecca's Population Likely Infected With COVID-19
- Data Shows World Rejecting Governments' Shelter-In-Place Tyranny
- Security guard shot and killed after telling customer to use face mask
- China 'finds new coronavirus strain that lasts for 49 days' in infected patient
- Scientist Whose Doomsday Models Sparked Global Lockdown Resigns After Breaking Quarantine To Bang Married Lover
- White House Plans To "Wind Down" Coronavirus Task Force In Coming Weeks
- Trump Says Coronavirus Task Force to Shift Focus to Safety and Reopening Economy
- 3 Hospital Workers Gave Out Masks. Weeks Later, They All Were Dead.

Business/Economics
- What You Need to Know About Govt. Grants, Loans, and Forbearance to Survive the Pandemic Economy
- Berkshire Sells Entire Stakes in US Airlines
- More than 700 lawsuits have been filed across the US against fitness clubs, SXSW, airlines and prisons as Americans get fed up with coronavirus practices from businesses
- Here's what you didn't see inside Warren Buffett's annual meeting
- U.S. Public Debt Increases More In April Than During Entire 2019
- From Houston to New York, America’s Muni Finances Are in Tatters
- Treasury's $4 Trillion Funding Task Signals Record Auction Slate
- US Manufacturers New Orders Crash BY Most Ever (And April Will Be Worse)
- Elon Musk Puts Two Homes On The Market After Tweeting He Would Sell Most Of His "Physical Possessions"
- J. Crew Files For Bankruptcy As Covid Chaos Crushes Retailers
- Muscle'd Out: Gold's Gym Files For Chapter 11 Due To Government Lockdowns
- The U.S. Treasury plans to borrow a record $3 trillion in the second quarter for coronavirus relief — more than twice what it borrowed in all of fiscal 2019
- Top Amazon executive quits over the firings of warehouse workers and climate activists
- Renters Now Have 12 Months To Repay Unpaid Rent In Santa Monica
- For Disney, a Stricken Empire
- Cancel Rent
- The Great Disconnect: Stocks and Just About Everything Else
- WeWork co-founder Adam Neumann sues SoftBank over collapse of $3 billion deal
- Service side of the U.S. economy crashes in April to recession levels, ISM shows
- The Choice For These Workers: Return To Their Jobs Amid A Pandemic Or Lose Them
- Airbnb To Lay Off 1,900 Employees As Tourism Industry Collapses
- Frontier Airlines Will Guarantee Empty Middle Seat For $39
- 18 Signs That We Are Facing A Record Breaking Economic Implosion In 2020
- Yields Surge After Treasury Announces Record $96BN In Treasury Refunding, Launches 20-Year Coupon Bond
- "Unprecedented" - Companies Slashed Over 20 Million Jobs In April, ADP
- Lord & Taylor to liquidate its stores as soon as they reopen, sources say
- Lufthansa to pay no dividend for 2019 as airline seeks bailout
- Double Black Swan Hitting Texas Drags Down the Rest of the U.S.
- "Biblical" Wave Of Bankruptcies Is About To Flood The US
- Economic expert with perfect record calling recessions is betting this one will be over by the end of 2020
- Why Wednesday's historic jobs data was 'not really news'
- 3.2 Million Filed for Unemployment Benefits
- It Begins: For The First Time Ever, Futures Price "Fatal" Negative US Rates Starting Dec 2020
- Neiman Marcus Files For 'Prepack' Bankruptcy, Joining J Crew
- US Consumer Credit Unexpectedly Crashes As Americans Repay A Record Amount Of Credit Card Debt
- Worst Jobs Report In History: 20.5 Million Jobs Lost As Unemployment Rate Hits Record 14.7%
- The Nasdaq Is Now Bigger Than The Rest Of The World's Stock Market
- Something Odd Is Going On In Parking Lots Around The US
- A Tragic Record: For The First Time Ever, More Than Half Of The US Population Is Not Working

Politics
- White House blocking Fauci from testifying before Congress about coronavirus response
- California First To Be Approved For Up To $10 Billion Bailout From Feds To Pay Unemployment Benefits
- Knock, Knock. We're From The Government & We Want Your Family's Blood

World
- 'Kim's condition has been upgraded to 'alive!': Internet reacts with hilarious memes to claims Kim Jong-un is alive after photos of dictator are released for the first time in 20 days following rumours he had died
- Rights groups call for probe into Venezuela prison riot that left 46 dead
- Spain Seeks Another Bailout as Deficit Skyrockets
- Locusts, pandemics, floods: East Africa can’t catch a break
- First Quarter Declines in Asia’s Luxury Home Values Foretell Price Falls Elsewhere
- 'Economic Fallout Accelerated' - Hong Kong Records Worst Contraction In History
- Greece sees economy tanking this year on coronavirus impact: stability programme
- Italy begins to reopen
- Three Russian doctors fall from hospital windows, raising questions amid coronavirus pandemic
- Quarter of all UK workers paid to stay home on government scheme
- India’s Jobless Rate Jumps to 27.1%, Survey Says
- Zimbabwe Begs For Aid To Avoid "Collapse"
- BoE Warns Of Worst Economic Slump In 300 Years
- Venezuela charges Americans with terrorism, conspiracy

Local
- Blue Angels, Thunderbirds fly over Atlanta in salute to first responders
- Georgia's Reopening Has Been 'A Disaster' For Some Retailers Desperate For Revenue
- Atlanta mayor reacts to packed streets on Cinco de Mayo
- White father, son charged with murder in Ahmaud Arbery case

Lockdown/Reopening
- Cops in tense stand-off with thousands of protesters demanding California beaches are reopened after Gov. Gavin Newsom's shut them down to contain coronavirus
- Protests mark growing unrest with California stay-home order
- Dallas salon owner jailed for reopening in violation of court order
- Thousands Donate To GoFundMe For Jailed Salon Owner Who Stood Up To Judge In Viral Video

Real estate
- Commercial Real Estate Already Gets Hit in Europe: Prices for Retail Properties Plunge, Office Prices Sink
- Kentucky REALTORS report sellers aren’t yet reducing prices as buyers stop looking
- Massive Drop in Homebuyer Interest

Oil
- Bone-Chilling WTF Charts of the Collapse in US Demand for Gasoline, Jet Fuel, and Diesel

Food
- U.S. beef output is down way more than shutdowns suggest
- Meat Shortages Leave Wendy’s Diners Asking, ‘Where’s the Beef?’
- Costco is limiting how much meat customers can buy
- Beef Prices Explode To Record High As More Stores Limit Meat Purchases
- The American meat shortage is pushing prices to unprecedented heights — here's how it could affect your grocery bill

Military
- Coronavirus survivors banned from joining the military

Prepping
- We Should All Be Preppers

Media
- Newspaper’s Top Editor Is Now a ‘Homeless’ Blogger
- NBC News Chairman Andy Lack Stepping Down

Weather
- Record heat returns to the West and record cold plunges into the East

Animals
- Tracking the ‘Murder Hornet’: A Deadly Pest Has Reached North America

Photos
- Some States Slowly Reopen for Business: Pictures

Op-ed
- We Are Living in a Failed State
- To save the economy, the Federal Reserve should drop interest rates to less than zero
- A radical idea to rescue U.S. households now—without adding to the national debt

Posted: 2020-05-08 17:51:40


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