Americans are hoarding cash: Savings rate hits its highest level since 1981

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Americans are so nervous about the state of the economy that they are stashing cash in the bank at a rate not seen since the first year of Ronald Reagan’s presidency.
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April 30, 2020 at 06:59AM
#usa #unitedstates #unitedstatesofamerica #america #us #u_s

Opinion: Without more help, black-owned businesses might not survive the pandemic

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Black communities in the United States not only represent a disproportionate share of casualties from coronavirus, but they have also been deeply affected by the economic impact of the disease. Longstanding racial discrimination in economic and housing policy has increased their risk for exposure to the virus, as well as the resulting financial crisis.
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April 30, 2020 at 06:29AM
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The dark side of working from home: loneliness

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Now that many people have been working from home for more than a month, the novelty might be starting to wane. And a dark side of working remote could emerge: loneliness.
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April 30, 2020 at 06:29AM
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Nintendo Switch and ‘Animal Crossing’ are quarantine bestsellers. Here’s why

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People are playing more video games than before, but one console is markedly more popular than the others. The Nintendo Switch has been in high demand during the pandemic, selling out on multiple websites.
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April 30, 2020 at 04:29AM
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Global energy use suffers a ‘historic shock’

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Global energy use has been dealt such a huge blow by the coronavirus pandemic that it’s like wiping out demand from all of India, a country of 1.3 billion people and the world’s third biggest consumer.
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April 30, 2020 at 04:29AM
#usa #unitedstates #unitedstatesofamerica #america #us #u_s

Why Stacey Abrams is making her case for VP

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Stacey Abrams is everywhere, and she’s not coy about her ambitions: She wants to be Joe Biden’s running mate.
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April 30, 2020 at 03:29AM
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Tech companies are showing resilience during the coronavirus storm

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The biggest tech companies in the world are shining during an otherwise harrowing earnings season, as cloud businesses get a boost from the spike in working from home and revenue stays resilient.
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April 30, 2020 at 02:59AM
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The oil bankruptcies are just beginning. Here’s who could be next

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The oil crash is blocking American frackers from accessing the cheap credit that fueled their prolific rise. That reversal of fortunes could prove fatal for overleveraged shale oil companies.
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April 30, 2020 at 02:59AM
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Umpire waits for benefits while living in his car

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April 29, 2020 at 06:59PM
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Family loses father, son to Covid-19

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April 29, 2020 at 06:59PM
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