TBC Weekly Newsletter September 14th, 2020

Devos Reroutes Funds to Private Schools

https://www.npr.org/sections/coronavirus-live-updates/2020/09/11/911869208/devos-loses-latest-fight-over-rerouting-aid-to-private-school-students

Amidst a global pandemic when public schools need the funding most, DeVos tried to reroute funds to private schools, but was ultimately shut down.

Permanent Job Loss Signals Slow Recovery

https://www.bloomberg.com/opinion/articles/2020-09-04/jobs-report-permanent-losses-pose-trouble-for-economic-recovery

Despite declining unemployment rates, permanent job losses signal a slow economic recovery to come.

Congress Still In Stalemate

https://www.forbes.com/advisor/personal-finance/with-no-second-stimulus-package-in-sight-confidence-gap-widens-between-high-and-low-earners/

With congress still in a stalemate over a second stimulus, consumer confidence decreases amongst the lowest earners, which may have possible implications for the economy as a whole.

Colleges Send Home Students, Facilitating Spread of COVID-19

https://www.usnews.com/news/education-news/articles/2020-09-08/facing-coronavirus-spikes-colleges-send-students-home-against-the-warnings-of-public-health-officials

As colleges across the country close students are being sent back home, further facilitating the spread. 

Astrazeneca Resumes COVID-19 Vaccine Trial 

https://www.statnews.com/2020/09/12/astrazeneca-covid19-vaccine-trial-resumes-uk/ 

A vaccine trial resumes after a participant had a rare but serious spinal inflammatory disorder.