Thursday, May 7, 2020

The stock market is — say it with us — not the economy - Marketplace

Publisher: Marketplace
Twitter: @Marketplace
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While you're here, how about this:

PPE Marketplace up and running for local businesses to reopen safely

BATON ROUGE - As businesses prepare to reopen their doors, health and safety concerns arise for customers and employees.

The Baton Rouge Area Chamber announced Thursday that they are working with Lyons Specialty Company to source and supply personal protective equipment (PPE) at competitive rates to the Capital Region business community.

BRAC stated they are actively responding to business concerns over the accessibility and affordability of the protective gear as it is hard to come by during the coronavirus outbreak. They say if these issues are not addressed, there is a major risk to the reopening of the region's economy.

Publisher: WBRZ
Date: 2020-05-07
Twitter: @wbrz
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Why you should give yourself permission to find joy - Marketplace

Earlier this week, we reported results from our ongoing Marketplace-Edison Research Poll showing a spike in Americans’ "economic anxiety."

Thursday we learned that 3.2 million people filed jobless claims last week. That brings the total number of Americans applying for unemployment benefits since the COVID-19 crisis hit the United States to more than 33 million people. And Friday, the government will release what's sure to be one of the grimmest monthly jobs reports in U.S. history.

Publisher: Marketplace
Date: 2020-05-07T22:59:44-07:00
Twitter: @Marketplace
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GoodRx Launches Labs Marketplace with COVID-19 Testing Options | Business Wire

"We know COVID-19 lab testing is top of mind for many Americans right now," said Doug Hirsch, co-CEO and co-founder of GoodRx. "Patients will benefit from a better understanding of the quickly changing lab options available to them and the associated costs across a range of conditions. With both the telehealth and labs marketplaces, we are helping millions of Americans find affordable care without having to leave their homes."

Date: 2020-05-07
Twitter: @businesswire
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Not to change the topic here:

Housing market shows signs of a thaw - Marketplace

“Everything seems small when you start filling up the house and staying there all day,” he said.

So, the Martins started shopping for more space and just made an offer on the house right next door. The plan is to build an addition onto the current house and tear down the new one for the extra footprint.

If that sounds extravagant in the midst of an economic downturn, the new house was abandoned. The Martins are paying $19,500. And though they're both still employed, Martin said it is a risk.

Publisher: Marketplace
Date: 2020-05-07T21:21:19-07:00
Twitter: @Marketplace
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Openbay Unveils New Automotive Service and Repair Marketplace App with Contactless Payment

With work-from-home orders and social distancing still in place, vehicle owners are looking for new ways to conveniently connect with local businesses online to select, book and pay for automotive service. And automotive service businesses are looking for new, safe and innovative ways to be discovered online while delivering quality service, building trust with customers and keeping their employees safe.

"Events of the past few months have accelerated the adoption cycle for consumers and business fleet owners to effortlessly discover and safely pay for professional automotive services online. Openbay is well positioned to deliver on this new wave of demand," said Rob Infantino, founder and CEO of Openbay.

Date: 2020-05-07
Twitter: @businesswire
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Publicist launches its marketplace for freelance PR and marketing – TechCrunch

Founder and CEO Lara Vandenberg told me she created Publicist to support the ways in which the communications and marketing industry is changing — changes that are only accelerating due to COVID-19.

Vandenberg was previously senior vice president of communications and marketing at Knotch , and she told me, “More companies now are being better served by this flexible support, rather than being tied to these costly and rigid agency retainers.”

logo
Publisher: TechCrunch
Date: 2020-05-06 13:43:22
Twitter: @techcrunch
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When does the expanded COVID-19 unemployment insurance run out? - Marketplace

There are three important questions: Who qualifies? How much money do benefits provide? And for how many weeks?

The amount paid varies, but is normally around half the worker's previous earnings, with a cap. The national average was $371.88 per week at the end of 2019.  

The most obvious new benefit to people applying for unemployment payments post-coronavirus is an extra $600 per week. That's federally funded, and is paid as a flat rate to all claimants who qualify for any level of state benefit. That boost runs out at the end of July, no matter when someone started claiming, unless further funding is approved.

Publisher: Marketplace
Date: 2020-05-07T17:37:35-07:00
Twitter: @Marketplace
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