With confirmed viral infections rising in a majority of states, many businesses have had to pause their re-openings or close a second time and cut jobs, thereby putting consumers under renewed pressure.
With unemployment so high, workers who still have jobs have less ability to resist pay cuts or demand raises.
Former and current Amazon executives who spoke on the condition of anonymity because they weren’t authorized to speak publicly say no company could fully prepare for the crush of orders stemming from a global pandemic.
Democratic leaders panned the idea in late-night talks at the Capitol, opting to keep the pressure on for a much more expensive and sweeping bill.
IPS struggled with the shift to remote instruction in March, but officials said they were taking steps to mitigate problems this time around.
Dr. Anthony Fauci, the government’s foremost infectious-disease expert, said he’s worried about rising percentages of tests coming back positive in states like Ohio, Kentucky, Tennessee and Indiana.
The 800 stores represent 8% of Dunkin’s U.S. footprint but just 2% of its sales.
The developers said they have the potential to manufacture up to 100 million vaccine doses by the end of this year and up to 1.3 billion doses by the end of 2021.
The Commerce Department reports quarterly GDP at an annual rate to allow easy comparisons to other time periods. Remove the annualization, and we see the economy contracted a still-abysmal 9.5%.
Indiana has now seen more than 65,000 confirmed positive cases of COVID-19. Global numbers have surpassed 17 million.
Marion County Public Health Department Director Virginia Caine also recommended that high-risk teachers and students be allowed to opt out of in-person instruction.
Before becoming a political pundit and candidate, Cain was a highly successful food industry executive. He earned a master’s degree in computer science from Purdue University in 1971.
More than 1.4 million laid-off Americans applied for unemployment benefits last week, marking the 19th straight week that more than 1 million people have applied for unemployment benefits.
The contraction last quarter was driven by a deep pullback in consumer spending, which accounts for about 70% of economic activity.
Dr. Ryan Hungate, a Kokomo native who founded the medical-practice software firm in 2014, said he plans to spend up to $10 million to shift a majority of the company’s operations to Carmel.
A meeting between top White House officials and Democratic leaders ended with no agreement on extending emergency unemployment benefits that expire on Friday, or on reviving a moratorium on evictions that lapsed last week.
Besides keeping short-term rates pinned at nearly zero, the Federal Reserve also said it will continue to buy about $120 billion in Treasury and mortgage bonds each month to support the economy.
The state’s program, which launched July 13, has already received more than 20,000 applications, but the funds are expected to be enough to cover only about 12,000 households.
In addition, the governor said he was extending the state’s landlord moratorium on evictions though Aug. 14.
The Indiana Supreme Court issued an order Wednesday again revamping the July 2020 bar exam, opting to send test questions by email and allowing applicants to refer to notes and course materials during the test.
