Tag Archives: unemployment

The Next Coronavirus Relief Bill

As the Senate starts to discuss the details of a new economic relief bill, Senate Majority Leader Mitch McConnell (R-Ky.), has revealed some of the details that the Republicans want in it. These details are what the Republicans will introduce to the floor for discussion, but the final details have yet to be worked out. During the preparation of this ...

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Pilots Ready to Leave Delta and Southwest Airlines

Pilots from Delta Air Lines and Southwest Airlines have made it known to the respective companies that they want to get packages for early departures. Earlier, as many as 1,700 pilots in the union were looking for an early out program, but this has risen to more than 2,200 since Friday. Delta had offered not to furlough pilots if they ...

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Cruise Ships to Remain Idle Through September

Because of the rapid spreading of coronavirus, the CDC has extended the no sail date for all cruise ships sailing from or to U.S. shores. The current ‘no sail’ order would have expired on July 24, but it has been extended through September 30. The order forbids any new passengers or crew to be admitted to any cruise ship from ...

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Moderna Enters Phase 3 – Closer to Becoming COVID Vaccine

The drug company Moderna has successfully passed Phase 2 of its drug tests for a coronavirus vaccine. The company says that it is ready to start Phase 3 sometime in July. One unique feature of the potential vaccine is that it does not expose people to the actual vaccine but only to specific proteins in it. The company is looking ...

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Financial Relief for Businesses Still Available

After the deadline was met on Tuesday (June 30) for businesses to apply for financial help from the Paycheck Protection Program, the House wanted to extend it a second time. The new deadline is August 8. There is still about $130 billion left in the program for businesses to access. The money is available on a completely forgivable basis if ...

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Home Sales Still Down from COVID-19

Showing a drop to the lowest levels in more than nine years, home sales are finally starting to rise above record lows. Home prices have also risen by the smallest amount seen in about eight years. The cause continues to be coronavirus, which still has people largely unwilling to get out and look at homes to buy. Some areas are ...

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President Trump Wants U.S. Troop Reduction in Germany

President Trump announced on Friday that he wants to reduce the number of U.S. troops in Germany by about a quarter. This would bring down the number of troops stationed there to 25,000 from 34,500. The actual order has not yet been given. In recent months, there has been friction between the U.S. and Germany, largely because Germany has not ...

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