Category: Finance News

Aug 10

Louisville police said protesters, who have been marching against Breonna Taylor's death for more than 70 days, can no longer use public roads

The Louisville Metro Police Department said Sunday that protesters would no longer be allowed to march on public streets, and must stick to the sidewalks.  A police spokesperson said the restrictions were in response to increasingly “aggressive behavior” by protesters over the past week.  Protests have taken place in the Kentucky city every night for […]
Aug 9

Key Words: Fed’s Kashkari warns of a ‘greater catastrophe’ that could make the last few months feel like ‘just a warm-up’

“ ‘To be effective, the lockdown has to be as comprehensive and strict as possible. If we aren’t willing to take this action, millions more cases with many more deaths are likely before a vaccine might be available. In addition, the economic recovery will be much slower, with far more business failures and high unemployment […]
Aug 9

The Margin: ‘It was chaos!’ Students get suspended for posting pictures of packed halls — now the high school is closing after 9 people were infected

Last week, pictures of maskless students crowding the hall of Georgia’s freshly reopened North Paulding High School went viral and raised questions all over the internet as to whether getting kids back to school while coronavirus cases are still on the rise is a good idea. These are the kinds of tweets that were being […]
Aug 9

The Margin: The last time somebody contracted the coronavirus in New Zealand was May 1, even though bars and restaurants have been open for months

Sure, it’s a nation of islands, but still. While countries like the U.S. continue to grapple with a rising number of coronavirus cases, New Zealand’s Ministry of Health announced a remarkable milestone on Sunday: There hasn’t been a single new locally transmitted case of COVID-19 in 100 days. “Achieving 100 days without community transmission is […]
Aug 9

The Wall Street Journal: Amazon and mall owner Simon consider turning Sears, J.C. Penney stores into fulfillment centers

Simon Property Group Inc., the biggest mall owner in the U.S., has been in talks with Amazon.com Inc. to turn some of its anchor department-store spaces into Amazon fulfillment centers, according to people familiar with the matter. For Amazon AMZN, -1.78% , more fulfillment centers near residential areas would speed up the crucial last mile […]
Aug 8

TaxWatch: Should I have gotten my stimulus check by now? Why some people are still waiting — and what to do about it

In Washington D.C., lawmakers are debating a second batch of stimulus checks in another coronavirus rescue bill. In Blairstown, N.J. Frank Natoli is scratching his head on news of the negotiations. “ ‘My first reaction was ‘second what?’ What about the first?’ ” — Frank Natoli, a software engineer still waiting for his first stimulus […]