May 8, 2024

Coronavirus
Confirmed cases hit 10 million
Not wearing a mask can cost you $50 in South Beach under new COVID crackdown
Coronavirus cases are rising in 40 of 50 US states
These are the states requiring people to wear masks when out in public

Economy/Business
US Pending Home Sales Explode By Record In May… Back To 2001 Levels
WarnerMedia to Sell Atlanta’s CNN Center, Sidesteps Threat of Impending Layoffs
Nearly half the U.S. population is without a job, showing how far the labor recovery has to go
Cirque du Soleil files for bankruptcy protection, terminates 3,500
Dow Soars To Best Quarter Since ’87 As Fed Balance Sheet Explodes
Despite National Lockdown & Sales Collapse, US Home Prices Accelerated For 9th Straight Month In April
‘Great Job Numbers’ Trump Booms As Payrolls Soar By Record 4.8 Million, Crushing Expectations
US unemployment falls to 11%, but new shutdowns are underway
Unemployment rate at 11.1% in June, another 1.4 million workers filed jobless claims last week
Fed’s Balance Sheet Shrinks For Third Consecutive Week

Global
Zimbabwe Shutters Stock Exchange, Blocks All Mobile Money Payments As Currency Collapses
83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Scandal
India Bans 59 Chinese Apps Including TikTok Over “Privacy & Sovereignty” Violations
Chinese President Xi Signs National Security Law For Hong Kong

Protests/Marches
Couple draw guns at crowd heading to St. Louis mayor’s home

Race
Mississippi set to remove Confederate emblem from its flag

Money
Meijer Stops Accepting Cash As Nationwide Coin Shortage Erupts
“Panic-Driven Hoarding Of Bank Notes”: People Aren’t Abandoning Cash During The Pandemic, They’re Socking It Away

Police/Law enforcement
Why no outrage? Atlanta shootings surge, but it’s not the cops
Jeffrey Epstein Confidante Ghislaine Maxwell Arrested on Sex Abuse Charges

Sports
Novak Djokovic and the Adria Tour: the exhibition event that shocked tennis

Gold/Precious metals
83 Tons Of Fake Gold Bars: Gold Market Rocked By Massive China Counterfeiting Scandal
Gold Smashes Above $1800 For First Time Since 2011