May 9, 2024

Coronavirus
“Shocking”: Americans Flood Beaches, Trampling Social Distancing Rules
Virginia Reports Record Jump In New Cases Two Weeks After Reopening: Live Updates
Missouri officials slam ‘irresponsible and dangerous’ behavior seen in images of Memorial Day crowds
Local officials stunned by raucous Memorial Day festivities
Memorial Day weekend draws throngs despite pandemic; Dr. Birx of White House coronavirus task force is ‘very concerned’ over crowd scenes
As 100,000 die, the virus lays bare America’s brutal fault lines – race, gender, poverty and broken politics

Business/Economics
Hertz, Car Rental Pioneer, Files for Bankruptcy Protection
Bankruptcy Tsunami Begins: Thousands Of Default Notices Are “Flying Out The Door”
Hertz Files For Bankruptcy As Lockdowns Crush Rental Car Industry
The Bank of Japan Was The Biggest Buyer Of Japanese Corporate Bonds In April
J.P. Morgan’s Jamie Dimon: ‘You could see a fairly rapid recovery’
Boeing CEO Provides Update on Workforce Actions
Over 40 Million Jobless In 10 Weeks – “Nobody Ever Imagined It Would Get This Bad So Fast”
1 in 4 American workers have filed for unemployment benefits during the pandemic
Pending Home Sales Plummet 35% YoY – Biggest Drop Ever As Buyers Forfeit Deposits
The Collapse In US Durables Goods Orders Accelerates In April
Walmart Now Sells Used Clothing As Unemployment Nears Great Depression Levels
U.S. economy shrank at 5% annual rate in the first quarter
Salaries Get Chopped for Many Americans Who Manage to Keep Jobs
Chicago PMI Plummets To 11 Year Low As Orders, Production Plunge
Savings Rate Soars To Record Highs As American Consumer Spending Crashes By Most Ever
-51.2%! Atlanta Fed Now Expects Staggering Collapse In Q1 GDP
Fed’s Harker: Pandemic Is Worsening US Inequality
U.S. savings rate hits record 33% as coronavirus causes Americans to stockpile cash, curb spending
Tesla cuts car prices by up to $5,000

Politics
Twitter adds fact-check warning label to Trump’s tweets for first time
Twitter Tags Trump Tweet On Minneapolis Riots With “Glorifying Violence” Warning
Trump: US to Cut Ties With WHO, Withdraw Trade Ties With Hong Kong

World
German government takes controls at Lufthansa with bailout
Latam Air Files Chapter 11 Bankruptcy, Stymied by Lockdowns
Hong Kong Erupts: Tear Gas Deployed As Thousands Fill Streets To Oppose China’s National Security Law
Xi Jinping urges China’s army to prepare for armed combat as Hong Kong protests restart over a new bill that would strip away the city’s freedoms
Japan approves funds for $1.1 trillion stimulus to fight pandemic
Venezuela Allowed To Sell UK-Stored Gold To Buy Food And Medicine
China Says It Will Use Military Force to Take Control of Taiwan If Diplomacy Fails
Half of Britain is broke – and the other half is richer than ever

US
“Fire Is Raging On Fisherman’s Wharf” – 4-Alarm Blaze Rips Through San Francisco Warehouse
Four Minneapolis officers fired after death of black man
Minneapolis cop who knelt on man’s neck charged with murder
AP PHOTOS: Rage in Minneapolis after George Floyd’s death
Minnesota governor apologizes for arrest of CNN crew
Facebook Says Trump Order Aimed At Social Media Will Trigger More Censorship

Protests
Ferguson 2.0? “It’s Real Ugly” As Protesters Clash With Minneapolis Police
“Minneapolis Is Burning” – Buildings Torched, Stores Looted, Protests Over George Floyd Intensify
Violent protests rock Minneapolis for 2nd straight night
National Guard called to respond to Minneapolis violence
George Floyd Protests See Violence Break Out in Seven Cities
‘When the looting starts, the shooting starts’: Trump threatens to ‘assume control’ of Minneapolis in extraordinary tweet about rioter ‘THUGS’ as National Guard rolls into the city and George Floyd protests erupt across the U.S.
Violent Rioters Breach Ohio Statehouse, Breaking Windows and Entering Building to Protest Death of George Floyd
Protests over George Floyd’s death spread across the nation

Food
Grocery prices rising at highest rate since 2012

Space
SpaceX’s moment of triumph arrives as astronauts ready for US launch
SpaceX Crew Dragon launch postponed due to poor weather
NASA-SpaceX Launch Set for Second Attempt on Saturday