"The leading economic indicator is … the virus." More than one analyst has put it to us this way. As we try to understand and quantify this unprecedented global economic collapse — and now the attempted restart — we're following key metrics for COVID-19 and the broader economy.
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The latest jobs report shows that 4.8 million Americans went back to work in June. More than 30% of those job gains were from bars and restaurants. But those industries are in trouble again. For example, because of the steep rise in COVID-19 cases in Texas, Gov. Greg Abbott, a Republican, increased restrictions on restaurant capacities and closed bars. It’s created a logistical nightmare .
This may worth something:
Two weeks until the bottom falls out of unemployment - Marketplace
Oranj Named a Finalist for Model Marketplace Innovation | News | tribuneledgernews.com
"We are honored to be chosen as a finalist. We are really proud of our Model Marketplace," said David Lyon , founder and CEO of Oranj. "We started Oranj to help financial advisors run better, more profitable businesses, and to help more investors reach their goals. Our fast-growing Model Marketplace is a big part of delivering on that goal and we're gratified to be recognized for our performance and accomplishments."
Oranj has seen an impressive influx of new asset managers on the Model Marketplace (Marketplace). The platform launched in tandem with Oranj in late 2017 with four asset managers offering approximately 40 products via the platform. The platform now has 26 asset managers and nearly 2,000 products on the Oranj platform. Advisors can select from strategist's models, custom models they create themselves, and sub-advised models.
Commercial Real Estate Market Remains Active Despite Ongoing Pandemic, Says RealINSIGHT
NEW YORK , July 16, 2020 /PRNewswire/ -- The Commercial Real Estate auction market is performing at stronger levels than anticipated despite the widespread crisis, which slowed the economy to a crawl in Q1 & Q2. Supported by healthy investor demand and abundant capital, deal volume has increased contrary to many analyst projections.
"We're currently in a unique and compelling environment to sell commercial real estate. We are dealing with a health-based crisis, very different from previous recessions caused by over-leveraging. That means there is still a tremendous amount of capital ready and waiting to be deployed.
Not to change the topic here:
Navigating the pandemic is like "walking on a sheet of ice"- Marketplace
Back in February, we started a series called, United States of Work , where we profiled 10 people who form a roughly representative sample of the labor force. The first we profiled was Michael Durant , a certified public accountant in New York City. With the delayed Tax Day now in the rear view mirror, we got him back on the phone.
"It almost felt like it was six months straight of busy season," Durant told “Marketplace” host Kai Ryssdal. "It just felt like there was so much to do during the day."
Spectacular Saturday set for Hopatcong Marketplace
This Saturday, July 18, 2020, the weather is expected to be an outstanding, which means a great day for the ever growing Hopatcong Marketplace.
Special Theme for this Week: Movies is the special theme for this Saturday, where everyone is invited to enter our best dressed contest. Vendors will also be decorating their booths with the special theme.
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Foremost Crafters in Hopatcong: We hand craft all items with love. We personally love to make people smile. I was a teacher but have had to stop working due to my health. This is my way to spread love and joy. Making things is my meditative therapy. Nothing relaxes my husband like starting the saw and working with wood. He has great pride and talent in what he does. We have spent time together creating things for a decade.
Microsoft Flight Simulator is getting an in-game marketplace for selling mods | PC Gamer
While Microsoft Flight Simulator promises to be absolutely massive, pilots are going to inevitably want more. It will launch with every airport in the world, from huge international ones to tiny landing strips in the middle of a field, and plenty of planes, but there are still gaps. That's where modders and add-on developers are going to come in.
Most of these airports, for instance, won't be detailed, hand-crafted affairs, and you might find some of your favourite aircraft are missing. Creators are already working on filling those gaps. Orbx , for instance, has announced it will develop add-ons for the sim, just like it has been for Microsoft Flight Simulator X.
Colorado town balances summer tourism and COVID-19 - Marketplace
Tourism is a major industry for many mountain towns in the West. It's a significant part of the economy in Lake City, Colorado. The town's population swells from 400 to several thousand during the summer. The Colorado Tourism Office estimates visitors spent more than $16 million in the community last year.
However, this year is different for the town as it welcomes tourists during the COVID-19 pandemic. Small businesses are taking precautions, like asking people to wear masks. Local restaurants are required to keep indoor seating at 50% capacity, with tables 6 feet apart.
Happening on Twitter
Today's update on the numbers: 78,239 tests were performed yesterday. 776 tests came back positive (0.99% of total… https://t.co/6d93YjrVsz NYGovCuomo (from New York) Fri Jul 17 13:20:55 +0000 2020
Asked about Trump's poll numbers — including the new one today showing 60% disapprove of his Covid-19 response — Ke… https://t.co/oVzuW30UPm kaitlancollins (from Washington, D.C.) Fri Jul 17 14:03:13 +0000 2020
It's possible to get numb to all the bad numbers out there. But suppose we hadn't looked at the numbers for a whil… https://t.co/effc2TtsJi TaraSinc (from Washington, DC) Thu Jul 16 12:34:27 +0000 2020
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