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HURRICANE LAURA DISRUPTS LOUISIANA’S CORONA VIRUS RESPONSE

Highlights

The state had to discontinue community-based testing
Evacuation operations further worsen the transmission of corona virus

State officials and epidemiologists said that Hurricane Laura is disrupting the corona virus respon...

THE U.S. FDA COULD SOON MAKE THE CORONA VIRUS VACCINE AVAILABLE

Highlights

The move is not influenced by Trump administration
It would be done only if the benefits outweigh the risks

The United States is observing the rising number of corona virus cases. To make the v...

EXPERTS HINT TOWARDS THE POSSIBILITY OF A DOUBLE-DIP IN THE US ECONOMY

Highlights

The initial US jobless claims point towards the same
The U.S. economy needs greater fiscal support

For the US economy, many experts and economists have raised concerns. It is regarding the possibility of a double-dip rece...

ANDREW CUOMO ANNOUNCES NEW YORK FASHION WEEK

Highlights

It will feature more virtual events
It will include live-streamed runway shows

Andrew Cuomo said that the New York Fashion Week can be organized in September. However, it shall be under the state public health guidance and...

ED YARDENI: WEEKLY INDICATORS SUGGEST A REBOUND IN REVENUES

Highlights

Indicators like retail sales etc. has been strong
The retail giants like Home Depot, Walmart have reported sales gains

Ed Yardeni said that markets could observe a rebound in revenues. It was affected severely by the pande...

THE US OBSERVES LESS THAN 50,000 CORONA VIRUS CASES FOR SEVEN CONSECUTIVE DAYS

Highlights

As compared to a week ago, the U.S. cases have fallen by nearly 17%
Health experts believe it could be due to reduced testing

According to Johns Hopkins University data, the US constitutes...

PRESIDENT TRUMP HOPES THAT RUSSIA’S CORONA VIRUS VACCINE WORKS

Highlights

Russia announced the first coronavirus vaccine in the world recently
Public health officials are concerned about its safety and efficacy

Russian President Vladimir Putin recently announced the first coronavirus vaccine in ...

PRESIDENT TRUMP INSISTS TO SEND MORE STIMULUS MONEY

Highlights

Direct payments to families will be made
Funding will also be provided to open schools safely

Trump posted a series of tweets on Friday. He referred the readiness to send the coronavirus stimulus money. However, apart from...

DR. ANTHONY FAUCI OPPOSES THE CONCEPT OF ACHIEVING HERD IMMUNITY

Highlights

WHO officials have also advised against the herd immunity
It would overwhelm hospitals and can enormously increase the death toll

Herd immunity is necessary to contain a virus according to the epidemiologists. It implies a...

CARISSA ETIENNE: THE STEEP RISE IN THE NUMBER OF CORONAVIRUS CASES IN AMERICA IS WORRISOME

Highlights

The U.S. recently surpassed 5 million COVID – 19 cases
Brazil has reported more than 3 million cases

Carissa Etienne said during a news briefing that America has been reporting more than 100,000 new corona viru...

ROYAL CARIBBEAN SHARES OBSERVE A RISE

Highlights

The global operations of the industry were suspended due to the pandemic
Royal received notable bookings for the cruises in 2021

For the second quarter, Royal Caribbean reported a loss of $1.6 billion. Regardless of the lo...

US WORKERS WILL BE ELIGIBLE FOR $400/WEEK OF ADDITIONAL UNEMPLOYMENT BENEFITS

Highlights

Trump’s move is part of several other measures directed to address the economic damage caused by the Covid-19
It represents a midpoint between the two positions

In the US, a huge number of workers are displaced by th...

ANDREW CUOMO: ALL SCHOOL DISTRICTS ACROSS THE STATE ARE AUTHORIZED TO REOPEN

Highlights

749 districts have to submit plans to the New York State Department of Health
It will be on how they plan to keep children and staff safe

On Friday New York Gov. Andrew Cuomo made an announcement. The announcement stated t...

JPMORGAN: ECONOMIC RECOVERY HAS BEEN NEUTRAL SINCE MID-JUNE

Highlights

Their chart reflects spending has been roughly 10% or more below its 2019 levels
It has been for over a month after rising sharply from late-March and early April

The consumer spending data from JPMorgan provide insights o...

TILMAN FERTITTA: ENDING THE $600/WEEK UNEMPLOYMENT SUPPLEMENT WILL IMPAIR THE U.S. ECONOMY’S RECOVERY FROM COVID – 19

Highlights

The weekly check has been a major catalyst for consumer spending during Covid-19
The spending has, in turn, created additional jobs

On Tuesday, Billionaire Tilman Fertitta said that ending the $600-per-week fed...

UK’S CARBON EMISSIONS OBSERVE A REBOUND

Highlights

Emissions from the energy and transport industries observed a rise
The UK needs to cut 12 megatons of CO2 every year to meet its net-zero target by 2050

Following the easing of COVID-19 lockdow...