Coronavirus
– Global Coronavirus Cases Top 4 Million, Deaths Top 275k
– Lyft to require drivers and riders to wear face masks
– Trump’s rebuke of Fauci encapsulates rejection of science in virus fight
– The psychology behind why some people won’t wear masks
– I Just Flew. It Was Worse Than I Thought It Would Be.
– ‘We’re in deep s**t, the world is.’ Whistleblower reveals mask maker’s reaction to federal government’s failure to tackle coronavirus and slams months of inaction – as Donald Trump calls him ‘disgruntled’
Business/Economics
– Sweet Tomatoes Permanently Closing due to Coronavirus
– Businesses Discover Employees Would Rather Stay Home And Collect Unemployment During Pandemic
– Record 103,415,000 Not in Labor Force; Participation Rate Sinks to 47-Year Low
– 20.5 million jobs were lost in April as unemployment rate jumps to 14.7%
– PAY DAY New bill could give Americans $2,000 monthly coronavirus stimulus checks for up to 90 days after pandemic
– San Diego Unemployment Rate Nearly 27%, Breaking County Record Set During Great Depression
– Here’s the real American Way and our Road to Recovery
– The Disastrous Employment Numbers Show Almost Every Job Is at Risk
– Why 1.4 Million Health Jobs Have Been Lost During a Huge Health Crisis
– One-fifth of Americans missed rent payments in May
– Former JPMorgan Economist: We Are Heading Towards A Weimar Republic Inflation Setup
– Fiscal Disaster: US April Deficit Hits Record $738BN As Government Spends $1 Trillion In One Month
– The Fed Is Now Buying Bond ETFs: Here Is What You Need To Know
– Core CPI Crashes By Most On Record; Food Costs Soar As Energy & Apparel Collapse
– Infinite money printing: Fed now buying ETFs
– Twitter CEO Jack Dorsey: Employees Can Work Remotely Forever
– Musk Reopens Tesla’s Plant, Dares Authorities to Arrest Him
– The Worst Is Over: Goldman Finds US Economy Is Now “Through The Trough”
– Another 3 million Americans file for unemployment benefits
– Hertz Cancels 90% Of New Car Purchases, Further Pressuring Already Desperate Automakers
– Fed Chair Powell just said 40% of households making less than $40,000 a year lost a job in March
– Almost half of workers who lost their job due to Covid-19 are ‘finding it difficult to get by,’Fed survey says
– Delta will suspend service to 10 U.S. airports starting May 13
– Retail sales crater a record 16.4% in April amid coronavirus lockdowns and spending slump
– US Industrial Production Plunges By Most In Over 100 Years
– Cox Automotive furloughing 12,500 employees as Covid-19 slams brakes on auto sales
– ‘Rolling Shock’ as Job Losses Mount Even With Reopenings
– Foreigners Dumped Record Amount Of US Treasuries Amid March Liquidity Crisis
– 25% Of US Restaurants Will Never Reopen: Opentable
Politics
– Pelosi unveils $3T virus bill, warns inaction costs more
World
– India’s Modi promises $266 billion to protect economy from Covid-19
Lockdown/Reopening
– Los Angeles County is telling people they may need to stay home until August
Food
– US grocery costs jump the most in 46 years, led by rising prices for meat and eggs
– Grocery prices are soaring. Here’s what’s getting more expensive
– Hunger Pandemic: Visualizing COVID-19’s Effect On Global Food Insecurity
– Coronavirus to Slow U.S. Meat Production for Months, CEO Says
Earthquakes
– As The World Is Distracted By COVID-19, A Series Of Large Earthquakes Is Rocking “The Ring Of Fireâ€
– Vegas-Reno highway cracked, closed after 6.5 quake in Nevada
Animals
– Forget murder hornets. Giant gypsy moths could bring ‘serious, widespread damage’ to the US.
Precious metals
– HSBC Lost $200 Million In One Day When The Gold Market Broke
