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Welcome to Wednesday and also, happy National Nurses Week, a time when restaurants and stores will offer free meals and shoes to our first responders. |
It's David, with the latest money headlines. |
Let's start with the bad news: April will likely go down as the worst month ever for American workers, with economists expecting at least 21 million job losses and a record unemployment rate of 16% caused by coronavirus shutdowns. The final numbers are due out Friday. |
COVID-19 is also locking down the dreams of aspiring athletes. Families and their young players are losing scholarship money and access to top tier sports programs as universities shut down. |
But there's a flicker of good news for caffeine addicts. As shutdowns ease in more cities and states, Starbucks plans to reopen 85% of its U.S. coffee shops, starting this week. Customers should expect new protocols and restrictions, however. |
Want more money and tech news? Keep scrolling down. |
David Brinkerhoff, Deputy Money editor. |
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