Issue 7.1 / May 25, 2020
Economy
The next round of relief payments will be delivered to millions via prepaid debit cards.
Billionaire Mark Cuban thinks families should get $1,000 in stimulus money every two weeks for the next two months, as long as the recipients spend it within ten days. Cuban feels consumer spending will save the economy.
Could the U.S. banking system be in trouble?
The United Kingdom sold its first-ever government bond at a negative interest rate. This investor is concerned with how UK insurance companies will secure assets.
Americans are saving like the 1980s, but that's a bad thing.
French central bank passes first "Digital Euro" tests with flying colors.
Mark Zuckerberg is launching Shops that will bring digital storefronts to Instagram and Facebook. The Retail Brew reports that this is a way to train users to see Facebook as a virtual mall.
As some were celebrating Bitcoin Pizza Day last week, I was reading this great piece on food delivery and pizza arbitrage.
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You've read the extended economy edition from The Weekly Summary 7.0 where I also blog about investing, personal finance, cryptocurrency, learning and video games.
