May 8, 2024

Coronavirus
Barcelona back under lockdown as virus cases surge
Israel to remain closed to foreign visitors until at least September
World virus cases top 15M; US labs buckle amid testing surge

Business/Economics
Not extending $600 unemployment benefit ‘would be a catastrophe,’ say former Fed Chairs Bernanke and Yellen
This is the last week of $600 unemployment benefits
“Pent-Up Supply” Floods San Francisco Housing Market, Most Since Housing Bust
The Real Unemployment Rate Is 21%… And Heading Higher
United Posts Record $2.6BN Loss As Revenue Plunges 87%; 6,000 Employees Agree To Quit
As debt climbs to record $27 trillion, Congress says it’s not time to turn off stimulus spending
Yelps says more than half of restaurants temporarily closed are now permanently shuttered
Sick of working from home? Work at a hotel instead
Permanent business closures are on the rise: Morning Brief
New signs show the economic rebound is skidding as coronavirus cases surge
U.S. Initial Unemployment Claims Rose to 1.4 Million Last Week
U.S. new jobless benefit claims rise for first time since late March
Volume of option trades surpassed that of ordinary shares
Eviction Moratorium Expires Today, Putting Millions Of Renters At Risk
Schlumberger Cuts 21,000 Jobs Amid Historic Oil Downturn

Government/Politics
Pentagon Sidesteps Trump to Ban the Confederate Flag
US orders closure of Chinese consulate in Houston
Houston Police Respond To Suspected Document Burning At Chinese Consulate
China’s Global Times Warns Retaliation For Houston Consulate Closure Will Cause US “Real Pain”
Trump announces increase in federal law enforcement in more U.S. cities
China tells US to close Chengdu consulate in growing spat
Congress set for brawl as unemployment cliff looms

Protests
Federal Agents Unleash Militarized Crackdown on Portland
U.S. Marshals Are Accused Of Gestapo-Like Tactics In Portland, Prompting Fears
Mayor of Portland to Trump: Get your troops out of the city
Portland Mayor Tear-Gassed Amid Protests Over Federal Agents
Workers protest racial inequality on day of national strike

Crime
Federal judge’s son, 20, is shot dead and her criminal defense attorney husband is critically injured after a gunman disguised as a FedEx driver ambushed their home – four days after she was assigned a case linked to Jeffrey Epstein

Race
New Poll Shows More White Americans Now Oppose Black Lives Matter Than Support

Money/Currency
A bank is paying people to bring in their spare change to help local businesses amid the coin shortage
The US Mint is literally begging for spare change

Gold/Precious metals
Spot Gold Tops $1,900 For First Time Since 2011
One Bank Warns Buying Gold Is The Only Hedge Left For The “Great Debasement”

Prepping
50 Things You Should Get Right Now To Prepare For The Chaotic Events Of The Next 12 Months

Space
China declares first solo Mars mission launch a success days ahead of U.S. attempt to reach the Red Planet