Over the past two months, more than 43 million workers have filed for unemployment claims around the country, with more than 1 million of those claims coming out of my home state of Ohio. As the senior executive of a community bank, I focus on helping the small business owners who operate within the communities we support. Anxiety is high, and our mission is to help these businesses survive this crisis — so they can thrive again in a post-pandemic economy. Despite our best efforts to fulfill our mission, we still encounter operational barriers and regulatory roadblocks that limit our impact. … [Read more...] about Main Street needs community banks to recover from coronavirus
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The 10 Senate seats most likely to flip
Montana Gov. Steve BullockSteve BullockOVERNIGHT ENERGY: Coal company sues EPA over power plant pollution regulation | Automakers fight effort to freeze fuel efficiency standards | EPA watchdog may probe agency's response to California water issues Bullock outraises Daines in Montana Senate race Trump cites 'Obamagate' in urging GOP to get 'tough' on Democrats MORE (D) will likely take on incumbent Sen. Steve Daines (R-Mont.) in that state’s Senate race, which The Cook Political Report rates as “lean Republican.” However, Bullock was reelected to a second term as governor in 2016, the same year Trump won the state. Additionally, the state’s Democratic Sen. Jon TesterJonathan (Jon) TesterMemorial Day during COVID-19: How to aid our country's veterans Senate votes to reauthorize intel programs with added legal protections Senators request emergency funding for postal service in next coronavirus bill MORE (D) won reelection in 2018 by roughly 4 points. … [Read more...] about The 10 Senate seats most likely to flip
Bell rings again at New York Stock Exchange as floor reopens
The floor, known worldwide for an anarchic atmosphere with traders shouting orders over one another, has been closed since mid-March due to the coronavirus outbreak. The NYSE says fewer traders will be on the floor at a given time for now in order to support six-feet social distancing requirements. They also must wear masks. … [Read more...] about Bell rings again at New York Stock Exchange as floor reopens
Dow soars 600 points on big hopes for a vaccine and the economy’s reopening
Also helping lift investors' spirits, Memorial Day travel was modestly higher than over the past several weeks, giving markets hope that business is starting to return to life. Travel and leisure companies led Tuesday's gains, as local economies continued to reopen gradually across America. … [Read more...] about Dow soars 600 points on big hopes for a vaccine and the economy’s reopening
Global shares up as recovery hopes overshadow virus worries
In Japan, government assessments of commuter train usage showed traffic was still much less than normal on Tuesday after the country lifted its pandemic state of emergency for Tokyo and several other areas. The relaxed precautions are meant to involve what Prime Minister Shinzo Abe has dubbed a “new lifestyle," with widespread wearing of masks and face shields. … [Read more...] about Global shares up as recovery hopes overshadow virus worries
