A key benchmark determining crude oil prices fell below zero for the first time ever Monday. Source
Author Archives: Stonecom Interactive
Why you might not be able to track your stimulus check
A new IRS tool that was supposed to make it easy to find out when you’ll get your money isn’t working for some people. Source
Coronavirus updates: Pence vows backing for states’ stay-at-home orders
After Trump backs protests demanding Democratic governors ease shutdowns, Pence says White House will “certainly” stress the need for people to stay home. Source
Eye Opener at 8: Trump announces plan to suspend U.S. immigration
A look at what we’ve been covering on “CBS This Morning.” Source
Texas town struggles with plummeting oil market and coronavirus crisis
In cities like Midland, Texas, which rely on oil fields as their primary source of jobs and revenue, residents are dealing with a double blow from plummeting prices of oil and the economic effects of the coronavirus pandemic. Midland Mayor Patrick Payton said it could be at least two years before the city’s economy could be moving as normal again. Janet Shamlian speaks to a fourth-generation oil field worker about how his family is handling the double-crisis, for our series Financial Fallout. Source
Health of North Korea’s Kim Jong Un in question
The health of North Korean leader Kim Jong Un is in serious question Tuesday morning after he failed to appear at a major public celebration. Unconfirmed reports say Kim had heart surgery and may be fighting for his life. The last time he was seen in public was April 11, meeting with top advisers. Ramy Inocencio says the world doesn’t know yet if the leader is alive, sick or even dead. Source
Coronavirus cases found in at least 17 meat processing plants across U.S.
Coronavirus infections in at least 17 meat processing plants across nine states are contributing to a spike in confirmed cases in the Midwest. Although 13 plants are already closed temporarily or operating at reduced capacity, Iowa Governor Kim Reynolds says shutting down plants would hurt farmers and the national food supply. Adriana Diaz looks at the effect the pandemic has had on some of these facilities. Source
California Governor Gavin Newsom on lockdown protests, state of pandemic
California Governor Gavin Newsom said it was “unrealistic” to think life as we knew it before the coronavirus pandemic would be back to normal anytime soon. He said he empathized with the frustration of state residents who are protesting his stay-at-home order, but urged them to think of their loved ones and others amid their fatigue with the precautions. He speaks to Tony Dokoupil in an exclusive interview on how the pandemic is playing out in his state. Source
Leader of world’s fifth-largest economy “can’t say” the worst is over
He empathized with the frustration of state residents who are protesting his stay-at-home orders, but urged them to think of their loved ones and others amid their fatigue with the precautions. Source
Trump plans temporary immigration ban over coronavirus
President Trump announced that he was temporarily suspending immigration to the U.S. in a Monday night tweet. Mr. Trump cited the “invisible enemy” of the coronavirus and the need to protect jobs, although the U.S. has the most reported cases in the world by far. Weijia Jiang breaks down what the ban may entail and what questions are still left after the president’s surprise announcement. Source