At a rally in Nevada on Sunday, President Donald Trump mocked Joe Biden. Trump said Biden would "listen to the scientists" on coronavirus. Business Insider reports that the president also claimed that Biden "wants to lock down" the entire country indefinitely. Trump has repeatedly sidelined or misrepresented mainstream scientific advisors and authorities during the pandemic.
The US has entered its third wave of coronavirus infections. New cases are spiking in the Midwest, according to reports from Business Insider. Public-health experts worry this wave could be the largest, and perhaps deadliest, yet. A surge in cases and hospitalizations was expected since lockdowns have lifted. People are spending more time indoors and "pandemic fatigue" has set in. Seventeen US states have reported more new coronavirus cases in the last week than in any week prior.
Stock market analysts always worry around the time of a Presidential election. The markets can react unpredictably when a certain candidate gets elected. According to Stifel the S&P 500 will sell off initially if the Senate or Presidency remains Republican after the election. Business Insider reports that a note from Stifel says the S&P may fall following this election outcome. With the Republicans in charge hopes of a large fiscal stimulus will fade.
COVID-19 cases are on the rise again in the US, according to Business Insider. This is especially true in Midwestern and western states. Experts predict this is the start of a second wave of the outbreak as the fall and winter season sets in. At least 36 states have seen an upward trend of cases this week. Meanwhile, countries like New Zealand have returned to mostly normal pre-COVID social behaviors. They attribute this to early action, taking isolation seriously, and trusting scientists.
As the novel coronavirus pandemic continues to destroy lives, businesses, and jobs, you may find yourself wanting to get some money to someone you care about While there are a number of ways to deposit money into someone else's account, much depends on how much you're sending and the fees you're willing to pay. According to Business Insider, a simple way is to just go to the person's bank and make a cash deposit. However, many banks don't allow this now, to prevent fraud.