A case of the Mondays

Special Report

New Cash Law Will Be Disaster for Savers.
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U.S. Economy

How the Coronavirus Affected US Consumer Prices in March

Shutdowns of businesses and stay at home orders throughout the 50 states took a toll on U.S. consumer prices in March, dropping them to a five year low as demand for many essential industries has dropped to a fraction of their pre-pandemic levels. Food and Alcohol bucked the trend, rising higher.

But these four industries saw big plunges in their prices due to lack of demand. →

ALERTS
New 5G Device is Revealed to Public for the First Time

Entertainment Industry

Disney World Furloughs 43,000 More Workers Due to Virus

Walt Disney World announced they will stop paying wages to 43,000 workers in about a week while they will be able to keep their benefits for up to a year. This is Disney’s largest wave of furloughs yet. Disney officials have said they don’t know when…

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U.S. Economy

Will the Bailouts Be Enough to Stimulate Economy?

Thornburg Investment President and CEO Jason Brady explains how the coronavirus relief bill will impact the economy and how important it is to get unemployed people back to work.

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Technology Sector

5G Towers Being Vandalized As Rumors Fuel Burning of Cell Towers

Activists who are worried about a link between newly installed 5G cellphone towers and the coronavirus pandemic have gone as far as to vandalize and burn 5G towers and antennas in the U.K and other parts of the world. Critical infrastructure is being destroyed at a time when everyone needs the internet.

THIS IS WHY SOME PEOPLE ARE WORRIED ABOUT 5G →

U.S. Economy

Federal Reserve Bank of Minneapolis President Makes Dire Warning

Neel Kashkari, the head of the Federal Reserve Bank in Minneapolis, painted a grim picture of what lies ahead for the U.S. in a Sunday morning interview. Kashkari said the U.S. could be looking at a long timeline of rolling shutdowns. We could have these waves of flareups, controls, flareups, and controls until we actually get a therapy or a vaccine.”

HERE’S HOW LONG THE ‘LONG ROAD TO RECOVERY” MIGHT TAKE →

Oil Industry

OPEC Strikes Historic Agreement with Allies

OPEC, Russia and other oil-producing nations came to an unprecedented agreement on Sunday to cut production of nearly 10 million barrels, which is a tenth of the global supply, in the hopes of boosting crashing prices as a recent price war collided with the coronavirus pandemic to bring about the lowest oil prices in years.

Get More Details on this Major Deal →

Retirement Planning

Advisors Urge Investors to Avoid These Mistakes with Their 401(k) During Coronavirus Crisis

As the coronavirus pandemic continues, it’s important for investors to sidestep doing anything with your 401(k) that could disrupt your long-term retirement planning, experts say. Going to cash or stopping your contributions also can…

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Oil Industry

Gasoline Prices at Multi-Year Low, But No One is Driving

The national average for gasoline is now $1.883, according to data from the AAA. This is the cheapest price in more than four years. However, 42 states are under stay-at-home orders, which means most Americans are not enjoying the low prices. If stay-at-home ordinances continue, gas prices could…

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