
Forgetting Contagion, Stocks Recover Their Losses
Stocks on Wall Street erased their losses for the year, a remarkable milestone for a market that was reeling just a few months ago as investors feared the damage caused by the coronavirus pandemic.
Stocks on Wall Street erased their losses for the year, a remarkable milestone for a market that was reeling just a few months ago as investors feared the damage caused by the coronavirus pandemic.
With the impact of COVID-19, Americans across the country went from wishing for the weekend, to living it daily. To many, it is feeling a bit like the film Groundhog Day. But the current state of the country won’t last forever, and before too long Americans will be back to counting down for the weekend. The typical countdown begins when they arrive to work on Monday. From there, it’s “hump day” on Wednesday and it continues until Friday finally arrives.
As Covid-19 cases took off in New York in March, Gov. Andrew M. Cuomo imposed a lockdown of nonessential businesses to slow the spread of the coronavirus, calling it “the most drastic action we can take.” Now researchers say more targeted approaches — in New York and elsewhere — might have protected public health with less economic pain.
In the fight against the coronavirus, assuming the best-case scenario — the population continuing to maintain social distancing and hand hygiene; keeping the elderly protected by sheltering in place; wearing masks; robust testing; and “really good contact tracing” — we’ll see the virus smolder. Absent that good behavior, we may see a potentially devastating second wave in the fall.
The coronavirus appears to be in retreat in regions that moved decisively to contain it after being hit hard, including New York and New Jersey. But the virus is persisting — and, in some places, spreading aggressively — in parts of the South, Midwest and West, including in states that were among the last to impose shutdowns and the first to lift them.
Ashley Smith
Public Affairs Coordinator
INFORMS
Catonsville, MD
[email protected]
443-757-3578
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The genetic testing company 23andMe, which holds the genetic data of 15 million people, declared bankruptcy on Sunday night after years of financial struggles. This means that all of the extremely personal user data could be up for sale—and that vast trove of genetic data could draw interest from AI companies looking to train their data sets, experts say.
The Big Four firms are now integrating a new category of artificial intelligence (AI) into their businesses, according to Bloomberg Tax.
Robert F. Kennedy Jr., as the new secretary of Health and Human Services, is the nation’s de facto healthcare czar. He will have influence over numerous highly visible agencies, including the Centers for Disease Control and Prevention, the National Institutes of Health and the Food and Drug Administration, among others. Given that healthcare is something that touches everyone’s life, his footprint of influence will be expansive.
Health insurance has become necessary, with large and unpredictable health care costs always looming before each of us. Unfortunately, the majority of people have experienced problems when using their health insurance to pay for their medical care. Health insurance serves as the buffer between patients and the medical care system, using population pooling to mitigate the risk exposure on any one individual.
In their March 2025 forecasts, shipping and logistics experts are warning those who rely on the industry to expect continued disruption, and in order to survive a chaotic landscape, they are advising businesses to spend money conservatively, work with trusted partners, and make comprehensive contingency plans.
After the Trump administration announced Monday an agreement to pause potential tariffs against Canadian imports, one supply chain expert told 12News the whiplash of tariff news coming out of Washington D.C. is not helpful to U.S. businesses.
Billionaire investor Mark Cuban's question to Representative Matt Gaetz, a Florida Republican, on energy costs took off on social media on Saturday.
Florida lawmakers have banned wind turbines off its shores and near the coast, saying the bill is meant to protect wildlife and prevent noise.