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Wednesday 6 May 2020

The Daily Money: 3 ways to fix Social Security mistakes

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usatoday.com

The Daily Money
 
Wednesday, May 6

Welcome to Wednesday and also, happy National Nurses Week, a time when restaurants and stores will offer free meals and shoes to our first responders.

It's David, with the latest money headlines. 

Let's start with the bad news: April will likely go down as the worst month ever for American workers, with economists expecting at least 21 million job losses and a record unemployment rate of 16% caused by coronavirus shutdowns. The final numbers are due out Friday.

COVID-19 is also locking down the dreams of aspiring athletes. Families and their young players are losing scholarship money and access to top tier sports programs as universities shut down.

But there's a flicker of good news for caffeine addicts. As shutdowns ease in more cities and states, Starbucks plans to reopen 85% of its U.S. coffee shops, starting this week. Customers should expect new protocols and restrictions, however.

Want more money and tech news? Keep scrolling down.  

David Brinkerhoff, Deputy Money editor. 

Unemployment claims are soaring across the United States due to coronavirus-related layoffs and closures.
How bad will Friday's worst-ever jobs report be?
Economists forecast 21.5M job losses and 16% unemployment in April report due Friday. But such numbers don't account for millions who left labor force.
COVID-19 dashes hopes of athletes counting on...
Jordan Montgomery shoots baskets on a half court i
3 ways to correct a Social Security mistake
Older couple looking at financial paperwork with f
Why the market is soaring during a pandemic
It may seem odd that the stock market is rising wh
Nevada's Culinary Union: Workers are not 'rats in a...
Culinary Union Secretary-Vice President Geoconda A
Wendy's reportedly not selling burgers at some...
A Wendy's restaurant.
Here's when you can get your Starbucks fix again
An entrance to a Starbucks shop is shown, with a s
Walgreens returns to regular hours
Walgreens is expanding its delivery to new markets
'Gray divorce' trend could choke home options
Real estate     With nearly every state
Cadillac Super Cruise gets 3 significant improvements
An enhanced version of Super Cruise will be availa
 
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