Financial turmoil in the stock market is one of many issues raising questions from consumers about their own financial security. We look at personal finance management during a time of global economic change and public health challenges.
Across the Twin Cities, rice joins paper towels, toilet paper and hand sanitizer among the list of items that are harder to find as people stockpile in preparation for possible quarantine. And it’s not just Asian markets that are affected — Costco and restaurant suppliers are also facing questions about their empty shelves.
Closing schools can slow the spread of disease and, in turn, save lives. But it also causes huge disruptions, especially for children who depend on the free and reduced-cost meals they get at school.
University of Minnesota leaders said Wednesday the system is suspending in-person instruction on its campuses and moving to online instruction as a precaution against the disease. The state’s system of two-year colleges and regional universities hasn’t yet decided to move classes online.
Major stock indexes were down around 20% from their peaks in February, signaling an end to the 11-year bull market as investors fear the worst about the coronavirus pandemic.
Patti Cullen, CEO and president of Care Providers of Minnesota, speaks with MPR News Host Cathy Wurzer about the latest prevention efforts at senior living facilities statewide.
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