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

https://ift.tt/34hJwt6 https://ift.tt/34hJwt6 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. https://ift.tt/2rrOMLZ https://ift.tt/2Shr6on https://ift.tt/eA8V8J https://ift.tt/34hJwt6 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

https://ift.tt/34hJwt6 https://ift.tt/34hJwt6 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 financialContinue reading “Opinion: Without more help, black-owned businesses might not survive the pandemic”

The dark side of working from home: loneliness

https://ift.tt/34hJwt6 https://ift.tt/34hJwt6 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. https://ift.tt/2rrOMLZ https://ift.tt/2VOlPXy https://ift.tt/eA8V8J https://ift.tt/34hJwt6 April 30, 2020 at 06:29AM #usa #unitedstates #unitedstatesofamerica #america #us #u_s

Nintendo Switch and ‘Animal Crossing’ are quarantine bestsellers. Here’s why

https://ift.tt/34hJwt6 https://ift.tt/34hJwt6 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. https://ift.tt/2rrOMLZ https://ift.tt/3bMEdpf https://ift.tt/eA8V8J https://ift.tt/34hJwt6 April 30, 2020 at 04:29AM #usa #unitedstates #unitedstatesofamerica #america #us #u_s

Global energy use suffers a ‘historic shock’

https://ift.tt/34hJwt6 https://ift.tt/34hJwt6 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. https://ift.tt/2rrOMLZ https://ift.tt/2WbNfFD https://ift.tt/eA8V8J https://ift.tt/34hJwt6 April 30, 2020 at 04:29AM #usa #unitedstates #unitedstatesofamerica #america #us #u_s

Why Stacey Abrams is making her case for VP

https://ift.tt/34hJwt6 https://ift.tt/34hJwt6 Stacey Abrams is everywhere, and she’s not coy about her ambitions: She wants to be Joe Biden’s running mate. https://ift.tt/2rrOMLZ https://ift.tt/3bVGmyY https://ift.tt/eA8V8J https://ift.tt/34hJwt6 April 30, 2020 at 03:29AM #usa #unitedstates #unitedstatesofamerica #america #us #u_s

Tech companies are showing resilience during the coronavirus storm

https://ift.tt/34hJwt6 https://ift.tt/34hJwt6 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. https://ift.tt/2rrOMLZ https://ift.tt/3bRBDhz https://ift.tt/eA8V8J https://ift.tt/34hJwt6 April 30, 2020 at 02:59AM #usa #unitedstates #unitedstatesofamerica #america #us #u_s

The oil bankruptcies are just beginning. Here’s who could be next

https://ift.tt/34hJwt6 https://ift.tt/34hJwt6 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. https://ift.tt/2rrOMLZ https://ift.tt/3aUmo6m https://ift.tt/eA8V8J https://ift.tt/34hJwt6 April 30, 2020 at 02:59AM #usa #unitedstates #unitedstatesofamerica #america #us #u_s

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