Hubert Horan: The Airline Industry Collapse Part 4 – Total Paralysis Continues
Hubert Horan recaps a talk with FT Alphaville’s Izabella Kaminska on why the airline is in desperate shape and not considering solutions.
Read more...Category Archives: Pandemic
Wolf Richter: Unemployment Crisis Going in Wrong Direction: Week 25 of U.S. Labor Market Collapse
Unemployment claims continue to increase, with nearly 20% collecting unemployment insurance. even according to the stringent claims criteria.
Read more...What Rent Drop? Listed Prices Aren’t Budging Where COVID-19 Hit Hardest
New York City disproves popular beliefs about flight from cities and rent declines.
Read more...How US Consumers Use Their Stimulus Payments
Contrary to right wing beliefs, giving citizens stimulus payments didn’t lead them to loaf.
Read more...China Faces Food Shortage?
COVID-19 has rendered food security shaky, in the medium to long term, for many countries. Does China face impending food shortages?
Read more...‘The Situation Is Dire’: As Trump Takes Victory Lap, New Jobs Report Reveals Alarming Surge in Permanent Unemployment
As we cruise into Labor Day, the state of permanent U.S. unemployment is dire; and with no end in sight to the pandemic, will only worsen.
Read more...COVID: Where Science Goes To Die
A forceful critique of Covid-19 research.
Read more...Charter Schools Find Gold in Federal Government Aid to Small Businesses While Black-Owned Firms Get the Shaft
Due to the economic fallout of Covid-19, charter schools added to systemic inequities that afflict black communities.
Read more...US Tax Dollars Funded Every New Drug in the Last Decade
Amid debates over costs—and profits—from a coronavirus vaccine, a new study shows that taxpayers footed the bill for every new drug approved from 2010 to 2019
Read more...Fauci Says COVID Vaccine Trials Could End Early If Results Are Overwhelming
The FDA’s eagerness to launch a Covid-19 vaccine is not a way to win public trust, particularly in light of the agency’s record of bad calls.
Read more...Could Religious Exemptions Trump a COVID-19 Vaccine Mandate? Well, That Depends
How far could US authorities readily go in implemeting a vaccine requirement?
Read more...Michael Hudson: How an “Act of God” Pandemic Is Destroying the West: The U.S. Is Saving the Financial Sector, Not the Economy
The coronavirus’ effect has been to help defeat the financial sector’s enemy, governments strong enough to regulate it.
Read more...Teachers Strike Authorization Vote Looms as Union and City Launch Last-Ditch Safety Talks
Teachers are going down to the wire with a strike threat in New York City over their assessment that planned Covid protections are inadequate.
Read more...Don’t “Trust the Science,” Trust Science While You Hone Your Critical Thinking Skills
What do we mean, “the” science?
Read more...Wolf Richter: The State of the American Restaurant, City by City
New York City, San Francisco, Honolulu are still down over 80% from a year ago in terms of “seated diners.” Then there is the “LN-shaped” recovery in Pittsburgh.
Read more...