June 14, 2020 - PDL-10

Stock futures fall, Dow futures sink 300+ points after last week’s selloff

Jun 14, 2020

Stock futures sank Sunday evening as investor jitters over rising coronavirus cases in key parts of the country stirred up an extension of last week’s pullback in equities. Last week, stocks posted their first weekly loss in a month, with a steep selloff on Thursday comprising much of the weekly decline. The plunge, which came […]

Two public servants describe the government’s troubled student loan forgiveness program

Jun 14, 2020

Congress created the Public Service Loan Forgiveness Program (PSLF) in 2007 to help various kinds of public service workers erase their student debt after ten years of loan payments. But management of the program is widely considered to be a failure as more than 98%...

Public health experts ranked 36 American activities based on risk

Jun 14, 2020

As more and more states begin phases of reopening, many Americans are now wondering what is safe to do and what should still be avoided to prevent the spread of coronavirus. “There’s a huge amount of variation from business to business, from area to area, in how much...

Why corporate America ‘can’t unlearn’ protest’s lessons in building diverse workplaces

Jun 14, 2020

As protests erupt globally over the death of George Floyd, more companies are lending a hand to the movement through donations and pledges to expand their workforce to be more diverse — gestures that experts warned won’t be enough by themselves. The latest companies...

Stocks of bankrupt companies going bananas despite companies being broke

Jun 14, 2020

There’s been a surge of interest in stocks of companies in financial trouble, most notably Hertz (HTZ), which filed for Chapter 11 bankruptcy and was dumped by activist investor Carl Icahn only to be picked up by many users on Robinhood and other stock-trading...