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Friday, 8 May 2020

The Daily Money:Stores at risk of disappearing

Today's top stories from USA TODAY Money. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
usatoday.com

The Daily Money
 
Friday, May 8

It's Friday, money readers. After some grim headlines on unemployment this morning, we're here to explain what the numbers mean. Let's take a look.

April's unemployment rate more than tripled to 14.7%, as COVID-19 forced 20.5 million job losses. Layoffs and furloughs mounted and hiring evaporated as businesses closed their doors to curb the spread of the virus.

If you're wondering if your favorite store will benefit as states reopen, first look over our list of retailers who are most at risk of disappearing. Many already struggled before the pandemic hit, but the loss of shoppers has only made things worse.  

Hey guys! If you're working from home with your partner and kids, it's important to remember to share the load. A YouGov study in partnership with USA TODAY and LinkedIn found that the pandemic puts more pressure on women who work remotely. 

For more money and tech news, keep scrolling down. 

David Brinkerhoff, Deputy Money Editor

A sign marks the location of a J.C. Penney store in Riverside, Illinois, on Aug. 12, 2003.
Can these 13 retailers survive coronavirus?
Retailers that were already ailing before the coronavirus are beginning to crumble as the crisis raises the threat of store closings and bankruptcy.
Americans lose 20.5M jobs in April as COVID-19 spreads
A worker looks inside the closed doors of the Pasa
Men think they're taking on more during pandemic....
Attention 'mompreneurs,' here are some of the best
Harley-Davidson makes acting CEO permanent as company...
Harley-Davidson's first electric motorcycle was la
5 reasons not to freak out over record job losses,...
401k egg on top of twenty dollar bills.
Overlooked personal finance tool: Discussing it
A young couple sitting at their dining table with
Thousands of small businesses waited for SBA loans
Small Business Owner
Tesla plant to restart production after shutdown
In this June 22, 2012 file photo, Tesla Motors CEO
State economies most likely to be crippled by COVID-19
To slow the spread of the novel coronavirus and sa
Buffet chain Souplantation to likely close its...
A "Sorry we're closed" sign in the window
 
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Thursday, 7 May 2020

The Daily Money: Another problem emerges for stimulus checks

Today's top stories from USA TODAY Money. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
usatoday.com

The Daily Money
 
Thursday, May 7

Welcome to Thursday, which means we're inching ever closer to the weekend. Of course, that can mean very different things in the era of COVID-19, when you're either locked down, free to go where you wish, or somewhere in between.

Either way, the Daily Money team is here to keep you informed about all things retail, financial and tech. So let's dive in.

First, there's more grim news on the jobs front, with a staggering 33 million Americans filing for unemployment over the last seven weeks as they lose their jobs during the pandemic.

If that weren't enough, many are angry they received smaller-than-expected stimulus checks after they were garnished for their spouse's overdue child support payments. The IRS is now working to fix that.

And with everyone trying to sanitize surfaces, supplies of wipes are lagging. Clorox says retail shelves won't be fully stocked with disinfectant wipes and other cleaners used to combat COVID-19 until this summer.

For more on money and tech, keep scrolling down.

David Brinkerhoff, Deputy Money Editor

Sometimes it seems as if almost every regional statistic these days can be color-coded red or blue, with sharp divides according to the states' voting patterns. But that's not the case with average child support figures, which vary only $13 a month between Democratic-leaning states (a monthly average of $715) and Republican-leaning counterparts ($702). Regardless […]
Angry your stimulus check was garnished? The IRS aims to fix it
Many Americans are angry their stimulus checks were garnished for their spouse's overdue child support payments, a mistake the IRS is working to fix.
Record 33M filed for unemployment in 7 weeks
Flower shop in Jay, Maine, on April, 16, 2020.
These housing markets are hot despite COVID-19
Liz Stokley and Ryan Stephens
Looking for Clorox wipes? This is when they'll be back
You won't find fully stocked shelves of Clorox wip
Haven't gotten your stimulus check? Your 💰 questions,...
We answer your coronavirus money questions.
Stimulus cash worries continue for millions
Stimulus cash that was part of the coronavirus rel
Gap to reopen stores as soon as this weekend
A Gap sign outside of a store.
How to clean your car during the pandemic
cleaning your car
Uber to cut 3,700 workers, CEO to waive salary
Uber headquarters in San Francisco.
3 Things to Know Before Throwing Out Your Old Tax...
Someone shredding documents in a paper shredder
 
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