Many lost jobs in the U.S. are unlikely to recover due to disruptions in supply chains and consumer demand. A study from the University of Chicago suggests that even a vaccine may not aid economic recovery. Nobel laureate Joseph Stiglitz predicts double-digit unemployment until 2022. When the U.S. recovers from the coronavirus pandemic and reopens…
The elder care crisis in Pennsylvania was highlighted this week when data released by the Pennsylvania Department of Health showed the average age of those who have died of COVID-19 in the state is 80 years old and that more than two-thirds of the 4,505 who died of the virus as of Tuesday morning were…
Everyone is living a different pandemic right now. Your relationship with shelter-in-place mandates and social distancing can look wildly different depending on your profession, age, health and, often, privilege. It’s why a week of monotony for some of us might mean a week of madness for others. The best we can do, as exhaustion and…
Ford said Saturday it will test hourly and salaried employees with suspected COVID-19 symptoms in four metro areas where it has major operations as it prepares to reopen facilities this month. The automaker is expected to resume production and some operations at its North America facilities May 18. Aside from factory workers, Ford is also…
When Roger Lee, the co-founder of Human Interest, heard that San Francisco imposed shelter-in-place orders, he started blogging about layoff news and posting crowdsourced lists of employees who were laid off. His goal was to increase awareness about layoffs and give recruiters a place to search for candidates. However, one week and 40 startup layoffs…
E-commerce stores saw a 50% increase in bitcoin-based purchases of cannabis and video games during the pandemic lockdown. Coronavirus has revealed people’s priorities, as general digital product sales take a fall. Bitcoin, stoners and gamers–the holy trinity of overlapping essentials amid this lockdown? Stoners and gamers have turned to Bitcoin during the coronavirus lockdown, as…
The COVID-19 crisis is creating an untold amount of uncertainty through every business sector, but for cannabis startups, it’s exacerbating a critical market that was already in decline. TechCrunch spoke to Schwazze CEO Justin Dye following his company’s recent rebrand. He joined the company when it was Colorado’s Medicine Man Technologies (MMT) in late 2019…
If you’re one of the 12.3 million people who watched Travis Scott perform on Fortnite this past week, you’ll agree: The sky’s the limit right now when it comes to cheering people up. One kid, per our commenters, said Scott’s performance was better than Star Wars. The popular multiplayer game Fortnite, owned by Epic Games,…
BERLIN (AP) — The World Health Organization is cautioning against the idea of “immunity passports.” It says there is currently no evidence that people who have recovered from Covid-19 and have antibodies are protected against a second infection. The concept of “immunity passports” or “risk-free certificates” has been floated as a way of allowing people…
Matt Ocko, co-founder of venture firm Data Collective (DCVC), was among a small group of VCs viewed as alarmists when they began tweeting about the coronavirus’s imminent appearance in the U.S. back in January. In retrospect, those individuals were prescient, so we spoke with Ocko last week about why he was so certain the U.S.…
