Forgetting Contagion, Stocks Recover Their Losses
Stocks on Wall Street erased their losses for the year, a remarkable milestone for a market that was reeling just a few months ago as investors feared the damage caused by the coronavirus pandemic.
Stocks on Wall Street erased their losses for the year, a remarkable milestone for a market that was reeling just a few months ago as investors feared the damage caused by the coronavirus pandemic.
With the impact of COVID-19, Americans across the country went from wishing for the weekend, to living it daily. To many, it is feeling a bit like the film Groundhog Day. But the current state of the country won’t last forever, and before too long Americans will be back to counting down for the weekend. The typical countdown begins when they arrive to work on Monday. From there, it’s “hump day” on Wednesday and it continues until Friday finally arrives.
As Covid-19 cases took off in New York in March, Gov. Andrew M. Cuomo imposed a lockdown of nonessential businesses to slow the spread of the coronavirus, calling it “the most drastic action we can take.” Now researchers say more targeted approaches — in New York and elsewhere — might have protected public health with less economic pain.
In the fight against the coronavirus, assuming the best-case scenario — the population continuing to maintain social distancing and hand hygiene; keeping the elderly protected by sheltering in place; wearing masks; robust testing; and “really good contact tracing” — we’ll see the virus smolder. Absent that good behavior, we may see a potentially devastating second wave in the fall.
The coronavirus appears to be in retreat in regions that moved decisively to contain it after being hit hard, including New York and New Jersey. But the virus is persisting — and, in some places, spreading aggressively — in parts of the South, Midwest and West, including in states that were among the last to impose shutdowns and the first to lift them.
Ashley Smith
Public Affairs Coordinator
INFORMS
Catonsville, MD
[email protected]
443-757-3578
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Millions of Americans are sweating over one of the most intrusive processes known to mankind. The IRS is in high gear as it prepares to process tax returns.
Using my face as my boarding pass to get on a flight to Oaxaca, Mexico and then as my passport to get back in the US got me thinking about how facial recognition has permeated the travel experience. To help us understand where this is going, we talk with two travel industry experts, Dr. Sheldon Jacobson and Henry Harteveldt.
There is something different about the current moment in artificial intelligence. New capabilities are emerging rapidly due to advances in computing, algorithmic development, and access to vast amounts of data. The change feels real.
The Defender’s COVID NewsWatch provides a roundup of the latest headlines related to the SARS CoV-2 virus, including its origins and COVID vaccines. The views expressed in the excerpts from other news sources do not necessarily reflect the views of The Defender.
In the early morning of March 26, Baltimore's Francis Scott Key Bridge collapsed when a container ship struck it, killing six construction workers and severing water access to most terminals within the Port of Baltimore indefinitely. With respect to economic losses from the port closure, the temporary losses for the region look to be severe. However, there are several reasons to be optimistic about the port's recovery and a minimal long-term loss for the region and the nation.
The recent collapse of the Francis Scott Key Bridge following a ship collision, causing an indefinite closure of the Port of Baltimore, poses significant disruptions to the local and national supply chain. Experts warn of extended impacts, particularly on ground transportation logistics, which could reverberate through the economy.
Florida lawmakers have banned wind turbines off its shores and near the coast, saying the bill is meant to protect wildlife and prevent noise.
In December 2019, Connecticut announced the largest purchase of renewable energy in state history. Providing 804 megawatts of offshore wind power, Avangrid’s Park City Wind Project promised the equivalent of 14% of the state’s electricity supply, $890 million in direct economic development, improved grid reliability during the winter and the opportunity to slash over 25 million tons of carbon dioxide emissions.