2 of Europe’s top central bankers dropped hints that it might be time to start removing unprecedented coronavirus stimulus packages

Chief economists at the Bank of England and the European Central Bank are indicating it might be time to retreat from injecting massive amounts of economic stimulus into economies. Business indicators seem to suggest that global economies and the UK have recovered sooner and “materially faster” than expected, according to Andy Haldane. ECB chief economist Philip Lane has a more cautious outlook. He said that although it might be too soon to tell what the economic trajectory will look like, it might be time to rein in monetary policy over the next few months. In dealing with negative shocks, Lane said the European Governing Council in the past has “pulled… Read More

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Why an early exec quit unicorn food delivery startup Deliveroo to launch a food business in the middle of a pandemic

A former Deliveroo exec has launched a market food hall startup in the middle of COVID-19. Dan Warne was managing director of the unicorn startup until 2019, but has now launched Sessions Market as a community food hall concept to rejuvenate UK towns after the pandemic. Warne says he hopes to bring his experience from Deliveroo, particularly about customer behavior, to the analogue world of food halls. The first venue, Shelter Hall on Brighton seafront, launches July 5. Visit Business Insider’s homepage for more stories. On Saturday, the UK’s bars, restaurants, and cinemas will fling their doors open to customers for the first time since a strict lockdown commenced in… Read More

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Donald Trump Jr.’s girlfriend Kimberly Guilfoyle tests positive for COVID-19

Former Fox News host Kimberly Guilfoyle has tested positive for COVID-19, multiple media outlets reported. Guilfoyle is currently dating President Donald Trump’s eldest son Donald Trump Jr. and is a frequent surrogate and senior adviser for the Trump 2020 campaign. Guilfoyle reportedly tested positive in South Dakota before she was slated to attend Trump’s Independence Day fireworks celebration at the Mount Rushmore National Memorial. She is currently self-isolating and will cancel all upcoming events. Trump Jr. has tested negative for the disease but will self-isolate and cancel scheduled events as well as a precautionary measure. The former Fox News host tested positive for coronavirus after attending two Trump rallies in… Read More

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Maskless Trump pushes racial division in speech at Rushmore

Trump offers some remarkably overheated rhetoric: “There is a new far-left fascism that demands absolute allegiance … this left-wing cultural revolution is designed to overthrow the American revolution” pic.twitter.com/pZC66T6Mzq — Aaron Rupar (@atrupar) July 4, 2020 A large protest has gathered at the roadblock in front of the path up to Mount Rushmore. pic.twitter.com/xpUnbCmbKg — Erin Bormett (@EEBormett) July 3, 2020 Mount Rushmore, improved https://t.co/1hG3xYVTRJpic.twitter.com/WPhAodJDIv — Abigail Marone (@abigailmarone) … …read more Source:: AOL.com       

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Trump’s Mount Rushmore event could yield a crowd of 7,500 — but masks are optional and social distancing isn’t required

President Donald Trump will speak shortly at an event at Mount Rushmore, where face masks and social distancing aren’t required. Both measures are shown to be effective at preventing coronavirus transmission. In an interview with Fox News this week, South Dakota Gov. Kristi Noem said people with concerns about attending the event “can stay home.” Visit Business Insider’s homepage for more stories. President Donald Trump is scheduled to speak shortly at a 4th of July fireworks display at Mount Rushmore on Friday. The event has issued 7,500 tickets — but social distancing won’t be enforced and attendees aren’t required to wear face masks. A growing body of research suggests that… Read More

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