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U.S. consumer spending sinks by record 13.6% in face of virus

U.S. consumer spending sinks by record 13.6% in face of virus

U.S. consumer spending plunged by a record-shattering 13.6 percent in April as the viral pandemic shuttered businesses, forced millions of layoffs and sent the economy into a deep recession.
by The Associated Press

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Looted and smoldering, ‘Lake Street, the great street’ braces for more

Looted and smoldering, ‘Lake Street, the great street’ braces for more

As anger over the death of George Floyd led to violence and looting, a commercial corridor known for its mix of mom-and-pop businesses starts to pick up the pieces. 
by Jon Collins

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40.8 million out of work in the past 10 weeks, 26% of labor force

40.8 million out of work in the past 10 weeks, 26% of labor force

More than 1 in 4 U.S. workers have lost their jobs since coronavirus shutdowns began. Last week, an additional 2.1 million people filed for unemployment benefits.
by Avie Schneider

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Why the small business rescue program has slowed way down

Why the small business rescue program has slowed way down

The first round of Paycheck Protection Program funding ran out in days, but the second pot of money has more than $140 billion left after a month. Some business owners decided the PPP wasn't for them.
by Danielle Kurtzleben

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Pandemic disruptions taking a toll on farmers' mental health

Pandemic disruptions taking a toll on farmers' mental health

Plant backlogs caused by the pandemic are forcing farmers to destroy their products instead of shipping them to market. The situation is heaping more stress on farmers.
by Alisa Roth

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Trump threatens social media after Twitter fact-checks him

Trump threatens social media after Twitter fact-checks him

Claiming tech giants "silence conservative voices," the president tweeted Wednesday that, "We will strongly regulate, or close them down, before we can ever allow this to happen." President Trump can't unilaterally regulate or close social media companies, as that would require action by Congress or the Federal Communications Commission.
by The Associated Press

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Is it a farm or a sculpture park? Both

Is it a farm or a sculpture park? Both

Fresh produce meets the arts in a planned north Minneapolis installation.
by Euan Kerr

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As lockdown orders lift, can cities prevent a traffic catastrophe?

As lockdown orders lift, can cities prevent a traffic catastrophe?

As businesses reopen, many city dwellers worry about the risks of public transit. Cities are trying to figure out how to safeguard public health, keep people moving and avoid a gridlock nightmare.
by Camila Domonoske

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Pandemic pushes more people into insurance market

Pandemic pushes more people into insurance market

People who lose health insurance have options to continue health care coverage, but the choices are often confusing and differ greatly in cost and coverage.
by Martin Moylan

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