Monthly Archives: March 2020

Bank review, current USBR score and consumer report

China’s coronavirus propaganda has shifted dramatically, report finds

China’s coronavirus propaganda has shifted dramatically, report finds

As news of a coronavirus outbreak in Wuhan, the capital of China’s Hubei province, began to appear in Western news outlets in January, the country’s state-run media initially struck a tone of reassurance and transparency with hashtags like #wuhancoronavirus and #wuhanpneumonia. By February, such messaging had disappeared. According to a new report by cybersecurity firm Recorded Future, Chinese authorities have…

J&J’s coronavirus vaccine could hit the market by 2021

Happy Monday, readers. A major bit of news from Johnson & Johnson today—the company is developing a coronavirus vaccine which it believes could hit the market by 2021. That would be a stunning development. It usually takes anywhere from three to seven years, sometimes more, to move a vaccine from initial development to market. Pathogens are tricky. But J&J is…

Gap Inc. furloughing 80,000 store workers because of coronavirus hit to sales

Gap Inc. became the latest retailer to furlough employees en masse while stores remain closed because of the coronavirus spreading through North America and Europe. On Monday, the owner of Old Navy, Banana Republic, and Gap said that stores in those markets would stay closed past the initial April 1 date on which the company had hoped to reopen stores.…

Instacart says strike over coronavirus protections has had ‘absolutely no impact’

Instacart said its operations on Monday have been unaffected by grocery delivery workers striking over demands that the company do more to protect them during the coronavirus outbreak. “As it relates to today’s actions, we’ve seen absolutely no impact to Instacart’s operations,” the company said in a statement. “Today, we saw 40% more [workers] on the platform compared to the…

Trump adds 30 days to social distancing guidelines as coronavirus spreads

President Donald Trump is extending the voluntary national shutdown for a month as sickness and death from the coronavirus pandemic rise in the U.S. The initial 15-day period of social distancing urged by the federal government expires Monday and Trump had expressed interest in relaxing the national guidelines at least in parts of the country less afflicted by the pandemic.…

New York delays presidential primary to June 23

New York Gov. Andrew Cuomo said he was delaying the state’s presidential primary from April 28 to June 23, when the state plans to hold legislative congressional and local party primaries. “I don’t think it’s wise to be bringing people to one location to vote” on the April date, he said. New York joins over a dozen states that have…

The coronavirus outbreak is making it harder for campaigns to fundraise

Subscribe to Outbreak, a daily newsletter roundup of stories on the coronavirus pandemic and its impact on global business. It’s free to get it in your inbox. White House candidates aren’t usually bashful about asking supporters for money. But as the coronavirus upends everyday life, inundating hospitals, tanking financial markets and putting 3.3 million Americans out of work, President Donald Trump and…

Mnuchin gives timeline for stimulus checks and small business loan program

Subscribe to Outbreak, a free daily newsletter roundup of stories on the coronavirus pandemic and its impact on global business. Treasury Secretary Steve Mnuchin said he expects to have a small business loan program up and running in the coming week while workers can expect aid from the $2 trillion stimulus package in the form of direct deposits or checks…

11 Things You Should Know Before You Get Your First Credit Card

A credit card may seem like just another tool to help you make purchases, but it can be much more. When used responsibly, a credit card can help you build

What Is a Balance Transfer, and Should I Consider Doing One?

In a perfect world, no one would carry a balance on their credit card. We would all pay our bills in full each month and never have to worry about

How Is Credit Card Interest Calculated?

So your bank tells you that your credit card has a 15% APR. What does that actually mean? How does your bank calculate your interest rate, and how does that translate into how much you actually pay? …

What Is a Balance Transfer, and Should I Consider Doing One?

In a perfect world, no one would carry a balance on their credit card. We would all pay our bills in full each month and never have to worry about

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