The Social Capital CEO has been critical of the United States' economic reaction to the Covid-19 pandemic, saying that stimulus money should go directly to consumers and workers rather than businesses.
As data points come in, they'll largely tell a story about the present and the near past. What they won't provide, at least for a few months, is a reliable portrait of the future.
The Federal Housing Finance Agency, regulator of Fannie Mae and Freddie Mac, announced that the two mortgage giants will now buy home loans that go into the government's forbearance program just after they close.
Testing saliva for coronavirus infections gives results that are at least as accurate as nasal swabs, the current gold standard for Covid-19 screenings, a Yale study found.
Hundreds of Airbnb hosts have taken to online groups to complain that they have yet to receive any payments from a $250 million coronavirus relief fund announced by the company last month. Some of those who have received payments say they're woefully inadequate.
The Boston Red Sox lost their second-round pick in the 2020 draft Wednesday after Major League Baseball determined that a team replay official violated league regulations on sign-decoding.
Members of the coronavirus task force are expected to hold a press briefing Wednesday as some states prepare to slowly reopen their economies. Georgia is set to allow small businesses including gyms and hair salons to open Friday, despite health concerns.
Health officials have said that radically increasing the current level of testing, along with tracing contacts of infected people, is necessary to reopen the economy.
Sales this month are still expected to be down about 50% compared with April 2019. However, the decline is far less than previously expected, with the coronavirus pandemic wiping out the majority of sales for the month, the firm said Wednesday.
Analysts say though Snap is showing optimistic signs of weathering much of the Covid-19 ad slowdown, other online ad-based businesses might be a different case.
Chamath Palihapitiya has been critical of the United States' economic reaction to the Covid-19 pandemic, saying that stimulus money should go directly to consumers and workers rather than businesses.
The coronavirus pandemic led to spikes in demand for items such as diapers and peanut butter, but sales for many products have begun to level out as consumers adapt to life under lockdown.
Analysis of the information found it had likely been collected from previous breaches, a practice that is not uncommon in the internet's black market for data, NBC News reported.
Notorious "pharma bro" Martin Shkreli asked to be released from prison for the remainder of his seven-year criminal sentence for fraud so that he can work on a coronavirus treatment.
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