TBC Weekly Newsletter August 24, 2020

An Unemployment Tsunami

https://www.axios.com/newsletters/axios-markets-12675eed-329f-41b4-978d-4120b6580c12.html?utm_source=newsletter&utm_medium=email&utm_campaign=newsletter_axiosmarkets&stream=business 

Unemployment trends are transitioning from temporary layoffs to permanent ones, signaling a long road to recovery without a comprehensive second stimulus package.

USPS and Small Business

https://spectrumnews1.com/ca/la-west/business/2020/08/21/small-businesses–usps-changes-need-to-be-rolled-back–not-just-suspended# 

Changes in the postal service negatively impact small businesses that have been hit especially hard during COVID19. 

Children More Contagious Than Adults

https://www.usatoday.com/story/news/health/2020/08/20/covid-study-kids-mild-no-symptoms-more-contagious-than-adults/3392088001/ 

Children have been found to be silent carriers of the virus, with some asymptomatic children having higher levels of the virus in their airways than infected adults in ICUs.

COVID-19 Tests No Longer Need FDA Approval

https://www.cidrap.umn.edu/news-perspective/2020/08/feds-ok-covid-19-tests-without-fda-approval 

The Department of Health and Human Services is no longer mandating that COVID-19 tests get FDA approval due to an executive order from the White House.

Hospitals Are Back To Suing Patients

https://www.axios.com/newsletters/axios-vitals-ff58a5a1-e893-48b5-9c04-f0cc25b28607.html?utm_source=newsletter&utm_medium=email&utm_campaign=newsletter_axiosvitals&stream=top 

Hospitals are suing COVID-19 patients for payment.