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US’s $2tn infrastructure bill is good for economy

US employment continues to collapse, with a shocking 6.65 million new jobless claims reported yesterday. The Federal Reserve has predicted that the unemployment rate could reach 32% — considerably higher than at the depths of the Great Depression. Much of the US economy is based on local services and with people across the entire nation confined to their homes because ...

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Are hospitals losing the coronavirus battle?

In the past week, four UK doctors have died from Covid-19; the youngest was 55. There will be more to come if the government doesn’t quickly resolve the shortages of personal protective equipment, or PPE, in hospitals and medical centers. The British Medical Association wasn’t being dramatic when it said that health workers treating Covid-19 patients face “life-threatening” shortages of ...

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Retailers wish you’d be back by Easter

Donald Trump wasn’t alone in hoping everyone’s lives could get back to normal by Easter weekend. Retailers’ decisions to furlough hundreds of thousands of US retail workers underscore that store closures are set to go on for much longer than initially anticipated. Closings in many major markets around the world will remain in place through next weekend and beyond, wreaking ...

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