Author: CapitalGainsFund

Jun 29

Capitol Report: Fear of the coronavirus did more to keep people at home than lockdowns, study says

The fear of catching the coronavirus has evidently played a much bigger role in consumers staying at home and avoiding stores than government-ordered lockdowns, according to a new paper whose findings raise fresh questions about how quickly the economy will return to normal. Using cell-phone data on which stores millions of people visited, economists Austan […]
Jun 29

Coronavirus update: Global COVID-19 case tally tops 10 million and Florida, South Carolina and Nevada set daily records

The number of confirmed cases of the coronavirus illness COVID-19 topped 10 million around the world and the death toll surpassed a half million over the weekend, and Florida, South Carolina and Nevada all recorded their highest number of new infections in a single day. Florida counted 9,585 new cases on Saturday, followed by 8,530 […]
Jun 29

Futures Movers: Oil prices end higher as hope for increased demand overshadows coronavirus-induced uncertainty

Oil futures finished higher Monday, buoyed by some recovery in energy demand, even with that recovery threatened by the possibility of another round of shutdowns as global cases of COVID-19 top 10 million. “As global demand recovers, oil’s natural inclination is to go higher, since current prices are below the economic threshold for most producers,” […]
Jun 29

What we know about Steven Lopez, the suspect in the fatal Louisville protest shooting

LOUISVILLE, Ky. — A frequent participant in Louisville’s month of protests has been accused of fatally shooting a photographer in the city’s Jefferson Square Park after a dispute with another person. Steven Nelson Lopez, 23, is facing charges of murder and first-degree wanton endangerment, Louisville Metro Police officials said Sunday after releasing his arrest citation. […]