China’s economy is showing some tentative signs of recovery from the devastation caused by the novel coronavirus pandemic but the path ahead remains hugely uncertain and growth could be entirely wiped out in 2020, putting millions of jobs at risk. GDP growth this year in the world’s second biggest economy could sink to just 1%…… MORE
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Legendary Marseille president Pape Diouf dies after contracting coronavirus
Former Olympique de Marseille President Pape Diouf has died after contracting coronavirus, according to the French Ligue 1 club. Diouf had been receiving treatment in his home country, Senegal, before passing away, the Senegalese President Macky Sall confirmed. “I pay tribute to the medical staff at Fann Hospital (in Dakar, Senegal) who spared no effort…… MORE
Lorena Borjas, a transgender Latina activist who fought for immigrants and sex workers, has died of Covid-19
Even as Lorena Borjas was feeling ill and waiting on Covid-19 test results, she was worried about how transgender immigrants would cope with the pandemic. That, according to her friends and chosen family, was typical of Borjas, a transgender Latinx activist from Queens who spent decades advocating for people from marginalized communities. Despite numerous challenges…… MORE
When will you get your stimulus cash, and how?
The US government is preparing to send out direct payments to help individuals amid the coronavirus pandemic, but those who need the money most may be waiting the longest to see it. The first payments could go out within three weeks, and will likely go to those for whom the Internal Revenue Service already has…… MORE
Last quarter was brutal for stocks. This one is a wild card
The first quarter of 2020 was the worst three months for stocks since the global financial crisis. And it’s hard to say whether April through June will be any better. The details: The S&P 500 fell 20% between January and March. It was the worst quarter for the index since the end of 2008, when…… MORE
In rural America, cops are delivering groceries to vulnerable residents
Major Bobby Reed of the Bourbon County, Kansas, sheriff’s department had an idea when he saw that some stores were offering special hours just for elderly customers during the coronavirus crisis: He would start making grocery and prescription deliveries for at-risk residents himself. “These people don’t need to get out. They’re in a vulnerable age…… MORE
The world could soon run out of space to store oil. That may plunge prices below zero
The world’s thirst for oil has evaporated. Highways are empty. Planes are grounded. Factories are dark. The unprecedented collapse in oil demand has sent crude crashing to 18-year lows. Supply, on the other hand, remains largely resilient amid a price war between Saudi Arabia and Russia. US producers don’t want to be the first to…… MORE
One block in America. Six businesses on the brink of disaster
As of 2019, there were an estimated 30.7 million small businesses in the US, employing 59.9 million people, or almost half of the private sector workforce. Small businesses drive the American economy, but as the coronavirus pandemic has proven, they do so from a cliff. Many are about to fall off. Behind those numbers are…… MORE
UK races to convert a convention hall into hospital for coronavirus patients
The United Kingdom will open the doors this week on what could soon be the biggest intensive care unit in the country — and it was built in about a week. As the number of Covid-19 cases in the UK began to rise, the National Health Service (NHS) realized it might be short of many…… MORE
Andrew Jack, ‘Star Wars’ actor, dies from Covid-19
Andrew Jack, a British actor and dialect coach who had roles in a number of “Star Wars” movies, has died aged 76 after contracting Covid-19, his agent has said. Jack played Major (and then General) Ematt in “Star Wars: Episode VII — The Force Awakens” and “Star Wars: Episode VIII — The Last Jedi.” He…… MORE
