The Guardian newspaper reported in April 2020 that more than 16 million Americans had already lost their jobs in the wake of the deadly coronavirus. Through no fault of their own some people found themselves out of work. With more cuts expected as the pandemic wreaks havoc globally researchers are talking about the psychological preparation […]
Stock Market Cheers Vaccine Trial Monday’s rally came after hopeful news on a vacine for the coronavirus front came out Moderna shares soared 20% to a record high after the biotech reported positive results from an initial-phase trial of its coronavirus vaccine. The biotech tested the vaccine in healthy adults and, in all age groups, […]
In 1907, the United States went into a nasty recession due to a historic Earthquake which destroyed much of the west coast, especially San Diego. The damage was so bad J.P. Morgan went to the Rothschild’s of Europe for help. In 2008, the world seemingly came to an end due to the Great Recession created […]
Amazon.com delivered the punch to many retailers. The coronavirus will knock many more of them off. Even as malls and stores begin to reopen, the Covid-19 pandemic has taken a toll on an industry already battered by the shift to online shopping. More than two million retail jobs disappeared in April as many stores closed. […]
So far states that are easing coronavirus shutdowns aren’t seeing a big spike in Covid-19 infections, though that might be too early to tell. Of course, states are not flipping a switch from complete shutdowns to fully open. Also, businesses and individuals continue to follow social distancing and wearing masks to a great extent. Cases […]
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