[Washington Post] The pandemic’s devastating economic toll came into sharp focus Friday, via grim data about the U.S. workforce: More than 20 million jobs disappeared from payrolls in April — wiping out a decade of gains in a single month as the unemployment rate jumped to 14.7 percent, highest since the […]
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[THE ATLANTIC] So far, all available evidence suggests that few Americans were infected in the first weeks of the year. It would be next to impossible to find out who they were. There is no doubt that the coronavirus was spreading in the United States in January. We can at […]
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[USA TODAY] When will travelers be able to slide $20 bills into a slot machine, feast at a celebrity restaurant or see a show in Las Vegas again? MGM Resorts, operator of a dozen properties in the gambling and entertainment capital, can’t answer that question because the decision rests in the […]
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[Buck Bully, Getty Images] There’s no doubt we are in a epic pandemic with serious financial ramifications. Tens of millions of jobs were lost this month, and millions filed for unemployment. More than a million cases of coronavirus have been reported in the US. And it seems we are millions […]
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[ESPN] Iconic bat maker Louisville Slugger has temporarily closed its factory and furloughed the majority of its workforce because of coronavirus shutdowns. “We’re not doing any advertising. We’ve cut all our expenses we can. We’re just hoping we get back to normal before we run out of cash,” CEO John Hillerich […]
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[MONEY, GETTY IMAGES] Is the check in the mail? For many people receiving paper stimulus checks, the answer is: no, not yet. While tens of millions of taxpayers have already received $1,200 coronavirus stimulus payments, as part of the $2 trillion CARES Act, most of this coronavirus relief money so far has […]
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[FORBES, GETTY IMAGES] Over 80 million taxpayers have already received stimulus checks, however, it could be months before all stimulus checks have been issued. In the meantime, millions of Americans are out of work and there is no definitive timeline for businesses to reopen and the economy to get back on […]
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BY BRENDAN COLE (Newsweek) People took to social media to express their anger at the decision to reopen some beaches in Florida following weeks of coronavirus restrictions. Beaches in the St. John’s and Duval counties, which includes Jacksonville, were allowed to reopen at 5 p.m. on Friday after Gov. Ron DeSantis gave […]
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[USA TODAY] IRS checks began hitting bank accounts this week, and Americans will make different choices about how to use the money aimed at relief amid the coronavirus pandemic. One possibility: Book a vacation package, when such activity can resume. Scott Eherts and eight of his friends received checks this week and almost immediately […]
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[USA TODAY] Americans are reaching out to tax preparers and lining up at their offices around the country to find out what happened to their stimulus checks. One answer: The IRS sent those missing payouts to an intermediary bank account if a client got an advance on their tax return, tax professionals say. Clients […]
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