Thursday Market minute Global stocks plummet as the Fed keeps rates unchanged, but paints a grim picture of the United States’ recovery based on containing the coronavirus pandemic. Fed President Powell says the FOMC “is not even thinking of raising rates,” and warned that recent consumer and job data suggests …
Read More »McDonald’s partners with Mayo Clinic to assist in coronavirus safety
Mark Peterson | Corbis | fake pictures McDonald’s is partnering with the Mayo Clinic as the global fast food giant tries to navigate the coronavirus pandemic. The medical center will offer McDonald’s advice on best practices to mitigate the spread of Covid-19 and review the company’s environmental health and safety …
Read More »The region reports a record number of new cases, a “higher death count than we’ve ever seen” amid accumulation
Los Angeles County Public Health Director Barbara Ferrer said Wednesday that the region had 4,825 new coronavirus infections. That’s a record number of new cases for a single day, surpassing the previous high of 4,592 on July 16. However, Ferrer warned, “more than 2,000 of those cases stem from an …
Read More »Dr. Fauci on why the coronavirus is wreaking havoc on black communities
Black, indigenous and Latino communities have been the most affected by coronavirus. Black Americans, according to the CDC, are 2.5 times more likely to die from COVID-19 compared to their white counterparts. Dr. Anthony Fauci, the country’s leading infectious disease physician, sat down with BET to discuss why minority communities …
Read More »Coronavirus: US economy sees sharpest contraction in decades
Image copyright fake pictures Screenshot Food banks have seen an increase in demand. The US economy contracted an annual rate of 32.9% in the April-June quarter as the country grappled with spending cuts during the pandemic. It was the deepest decline since the government began keeping records in 1947 and …
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