Author: CapitalGainsFund

May 26

The Number One: The No. 1 thing Americans are spending their stimulus checks on — even more than shopping at Costco, Walmart and Target

Nearly one-third (30%) of people said they used their stimulus checks to pay bills, according to a new survey released this week, another sign that Americans are struggling to make ends meet, particularly with more than 38 million people filing for unemployment since mid-March. Those bills — including for cellphones, utilities, cable TV and rent […]
May 25

The New York Post: Several schools closed down in Seoul, South Korea, after 6-year-old is infected with coronavirus

Several schools closed down in Seoul, South Korea, after a kindergarten student contracted the coronavirus from his art teacher. As news spread of the 6-year-old boy’s illness, fear quickly emerged among parents with young children, just two days ahead of the planned second-phase resumption of in person schooling, including in kindergartens, reported the South Korean […]
May 25

Putin makes Kremlin appearance as virus restrictions ease

Putin’s meeting with the head of Russian Railways, Oleg Belozerov, was the first at the Kremlin since May 9, according to his official schedule (AFP Photo/Alexei Druzhinin) Moscow (AFP) – President Vladimir Putin made a rare recent appearance in the Kremlin on Monday as Russia prepares to ease lockdown restrictions imposed over the coronavirus pandemic. […]
May 25

A 'new Cold War?' China blames U.S. for growing tensions

The United States is pushing China to the brink of a “new Cold War,” China’s foreign minister said as officials in the world’s two largest economies continue trading barbs over each other’s handling of the coronavirus pandemic. “This dangerous attempt to turn back the wheel of history will undo the fruits of decadeslong China-U.S. cooperation, […]