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JPMorgan reports big decline in first-quarter earnings from coronavirus but posts record markets revenue https://www.cnbc.com/2020/04/14/jpmorgan-chase-jpm-earnings-q1-2020.html Apr 14, 2020 - JPMorgan is the first major U.S. bank to report earnings in a period marked by the coronavirus pandemic.
US import prices post largest drop in over five years https://www.cnbc.com/2020/04/14/us-import-prices-post-largest-drop-in-over-five-years.html Apr 14, 2020 - U.S. import prices dropped by the most in more than five years in March amid declines in the costs of petroleum products and a range of other goods, pointing to import deflation that could deepen amid the coronavirus pandemic.
Aussie couple fined for violating coronavirus lockdown after posting vacation pics from 2019 http://www.nydailynews.com/news/world/ny-australia-couple-coronavirus-lockdown-fine-20200414-jlj24iaehvbgtj75on7c26aeqq-story.html Apr 14, 2020 -

They forgot Rule No. 1: never post.

An Australian couple was hit with a $2,100 fine for violating coronavirus lockdown after posting old vacation pictures on Facebook, the UK Independent reported.

Jaz and Garry Mott are locked down like everyone else in the Aussie state of Victoria, according to...

The industry says we have enough food. Here's why some store shelves are empty anyway. https://www.chron.com/business/article/The-industry-says-we-have-enough-food-Here-s-why-15198929.php Apr 14, 2020 -

Tempers are getting short. Supplies of ground beef even shorter. People are looking into each other's shopping carts. Is that guy really going to use all four cans of chickpeas? That's a lot of emergency hummus.

But maybe a little supermarket paranoia is warranted after all.

A month ago, as the economy began to shut down and Americans started hoarding canned goods and other foods out of fear of shortages, industry giants offered assurance there was plenty of food and no reason for worry.

Yet availability remains spotty around the country, some shelves stocked and others empty, with Americans having particular difficulty locating all-purpose flour, yeast and beef.

And even as the industry rushes to get distribution problems smoothed out, other red flags are emerging. JBS, the world's top meat company, shuttered its beef facility in Greeley, Colorado, this week because of a coronavirus outbreak. In South Dakota, more than 300 workers at a Smithfield Foods pork processing plant tested positive for the virus, shutting the plant down.

The closure of the latter plant, which accounts for 5% of the nation's pork production, is "pushing our country perilously close to the edge in terms of our meat supply," said Kenneth Sullivan, president and chief executive of Smithfield.

Experts agree there is no aggregate shortage of food or other retail items offered at the supermarket. But many factors are causing product deficits in particular regions and in particular stores.

The biggest is that while about half of American expenditures for food used to be at restaurants and other such establishments, now almost all meals are being made in the home kitchen, so a distribution system that was built to supply restaurants with bulk items is struggling to adapt to far smaller packaging for...

JPMorgan Posts Q1 Sales Beat, Earnings Miss, Builds Credit Reserve For Recession http://feeds.benzinga.com/~r/benzinga/~3/H1bKeWnBK4I/jpmorgan-posts-q1-sales-beat-earnings-miss-builds-credit-reserve-for-recession Apr 14, 2020 -

JPMorgan Chase (NYSE: JPM) reported first-quarter earnings of 78 cents per share Tuesday, missing the consensus estimate of $1.84. 

The bank posted sales of $28.3 billion and managed sales of $29.1 billion versus the $29.67-billion estimate.

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Post‑Pandemic Interest Rates: Lower For Longer https://seekingalpha.com/article/4337466-post-pandemic-interest-rates-lower-for-longer?source=feed_all_articles Apr 14, 2020 -
Orange County must prepare for post-pandemic recovery https://www.ocregister.com/2020/04/13/orange-county-must-prepare-for-post-pandemic-recovery/ Apr 13, 2020 - It is not too early to bring diverse groups of thought leaders together and create an all-inclusive Recovery Task Force that positions Orange County for an even stronger future than what we envisioned before the pandemic.
Stocks slip as market enters new phase, with investors worrying about balance sheets and the post-virus economy https://www.cnbc.com/2020/04/13/stocks-slip-as-market-enters-new-phase-with-investors-worrying-about-balance-sheets-and-the-post-virus-economy.html Apr 13, 2020 - The stock market may have a difficult time gaining traction, as earnings season highlights how the coronavirus is impacting corporate America.
Ford Will Post a First-Quarter Loss, but It Still Has Lots of Cash https://www.fool.com/investing/2020/04/13/ford-will-post-a-first-quarter-loss-but-it-still-h.aspx?source=iedfolrf0000001 Apr 13, 2020 - Ford's preliminary earnings are bleak, but at least its cash hoard will last awhile.
Will there be a post coronavirus baby boom? Here’s what medical experts think http://www.nydailynews.com/coronavirus/ny-coronavirus-baby-boom-doctors-fertility-20200412-4fts3qbk25f6vp2fcunxluhbde-story.html Apr 12, 2020 -

To boom or not to boom.

Medical experts throughout the city are divided on whether or not the nation’s war with coronavirus will result in another baby boom now that couples have nowhere to go.

NYU-educated dermatologist Dr. Kenneth Mark, a self-described optimist who has a 10-month old baby and...

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