The road to recovery for the U.S. economy will be uneven, unclear and uncertain as the coronavirus retains its hold on business and Americans’ everyday activities, according to the heads of the nation’s biggest banks.
IBJ talked with Caine about her pandemic frustrations, how testing and contact-tracing are going and whether the Indianapolis 500 should run with fans in the stands.
The Indiana State Department of Health on Friday said more than 600,000 tests for COVID-19 have been administered in the state during the pandemic, with 9.1% of those tested found positive.
Cunningham Restaurant Group and Huse Culinary—which altogether operate more than 30 eateries—said they were taking the step to help prevent the spread of COVID-19 and protect diners and employees.
The Fed said Friday that its Main Street Lending Program, which is targeted to mid-sized businesses, will now extend credit to not-for-profits with at least 10 employees and endowments of less than $3 billion.
Even in schools and districts that are offering virtual programs, it’s unclear how many teachers will be dedicated to remote instruction and whether those positions will go to teachers who are high risk.
Critics of the bill, including the American Staffing Association, say the bill would reduce companies’ flexibility in the labor market and hurt job creation at a time when too many people are already unemployed.
The FBI said Thursday it is investigating the hacks, and said the high-profile accounts “appear to have been compromised in order to perpetuate cryptocurrency fraud.”
The NCAA handed down its latest guidelines for playing through a pandemic while also sounding an alarm: The prospect of having a fall semester with football and other sports is looking grim.
Indiana’s state-sponsored coronavirus testing program has not been meeting the levels of testing or the speed of results that were touted when it was started in May under contractor OptumServe Health Services.
Target follows Walmart, Kohl’s, Best Buy and several other large retailers that are making masks mandatory in all stores.
The report shows how shoppers and businesses are adjusting to life in a pandemic, changing their habits in hopes of halting an illness that can quickly flare up and wreak financial havoc.
Indiana has seen more than 2,600 COVID-19 deaths since the beginning of the pandemic, the state health department said Thursday.
The U.S. Labor Department’s Thursday report showed that applications for jobless aid fell by about 10,000 nationally from the previous week. The figure has now topped 1 million for 17 straight weeks.
Two months after House Democrats advanced a $3 trillion COVID-19 aid package proposal, Senate Republicans are poised to unveil their $1 trillion counteroffer, straining to keep spending in check as the virus outbreak spreads.
China, where the coronavirus pandemic began in December, was the first economy to shut down and the first to start the drawn-out process of recovery in March.
The National Retail Federation, the nation’s largest retail trade group, on Wednesday said it is “encouraging all retailers to adopt a nationwide policy that requires customers to wear face coverings or masks to protect the health and well-being of customers, associates and partners during the coronavirus pandemic.”
The new rules took effect Wednesday and will determine the allocation starting next week of critical supplies from the federal government, including protective gear and remdesivir.
Indianapolis Mayor Joe Hogsett said the city is continuing to work with Indianapolis-based Kite Realty Group Trust—which is developing the project—to finalize a reworked timeline.
The state will remain in Stage 4.5 of the Back on Track Indiana plan at least through the end of July, he said, instead of jumping into Stage 5 on July 18 as scheduled.
