Buck Bully
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[New York Times] Here’s what you need to know: Jobless claims reach 38.6 million in nine weeks. New York Fed chief says it’s ‘impossible’ to know economic outlook. The Atlantic lays off 17 percent of its staff. Victoria’s Secret plans store closures as Bath & Body Works sees sanitizer surge. […]
[USA Today] The coronavirus pandemic has canceled a lot of things, but your summer vacation doesn’t have to be one of them. Summer road trips will feel very different this year, with fewer cars on the road as the country begins to reopen slowly following restrictions aimed at curbing the spread of coronavirus. Ahead […]
[MarketWatch, Getty Images] Why one strategist sees Dow 30,000 next year and 40,000 by 2023 An upbeat Monday has become something of a collector’s item in recent months, but a wave of positivity swept across stocks to start the week. Federal Reserve Chairman Jerome Powell sent U.S. stocks higher on Monday after […]
[NBC] Restaurants across the country including in the Chicago area have implemented coronavirus surcharges to combat rising food prices — a move that has prompted a backlash on social media and scrutiny from customers. NBC 5’s Lexi Sutter has more on a Chicago eatery contending with that very issue. Harold’s […]
[ABC NEWS] In a surprise, he said he’s been taking the drug despite having no symptoms. President Donald Trump on Monday told reporters he’s been taking hydroxychloroquine, the anti-malaria drug he’s touted as a possible “game changer” treatment for COVID-19. He said he asked the White House doctor if he could take the […]
[CNBC] The market’s resilience continues to mystify many… The S&P 500 is up more than 3% over the past 12 months while the tech-heavy Nasdaq 100 — which consists of the 100 largest companies in the Nasdaq composite — has gained more than 6% year to date. Wall Street’s resilience […]
[Decrypt] Bitcoin’s average transaction fees continue to rise post-halving—caused by an already overloaded transaction backlog. Average transaction fees on the Bitcoin network have hit a new 11-month high. According to data from Bitinfocharts, the average fee paid for transacting on Bitcoin hit $5.16 on May 14—a phenomenon not witnessed since June 2019. The […]
[NBC NEWS] Connecting with others online has brought “relief, excitement, sadness that somebody else knows what you’re going through.” Jennifer English was sick, scared and confused. For two weeks, the Oregon City, Oregon, single mother had had no sense of taste, a fever that reached 102.5 degrees and an uncomfortable […]
[CNBC] The coronavirus relief package lets borrowers forgo student loan payments until this October with no interest or penalties. It is not a small gesture. Americans owe more than $1.4 trillion in student debt. The average borrower carried more than $35,000 in loans in 2019. Story Young, 30, dropped out of college 10 years […]
[CNN] Washington(CNN)As the coronavirus pandemic stretches past its ninth week, tensions are rising between the White House and the nation’s leading public health agency. In interviews with CNN, senior administration officials in Washington, as well as top officials at the Center for Disease Control and Prevention in Atlanta describe a growing sense […]