Sacramento, CA…Guidance will help drive reopening for some sectors – including retail, manufacturing and logistics – with modifications, beginning Friday, May 8. Regional variance allows for counties to move further into Stage 2 when they attest to meeting certain criteria. Following up on the state’s announcement that it will begin modifying the stay at home […]
Washington, DC…The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. The coronavirus outbreak is causing tremendous human and economic hardship across the United States and around the world. The virus and the measures taken […]
Bethesda, MD…Hospitalized patients with advanced COVID-19 and lung involvement who received remdesivir recovered faster than similar patients who received placebo, according to a preliminary data analysis from a randomized, controlled trial involving 1063 patients, which began on February 21. The trial (known as the Adaptive COVID-19 Treatment Trial, or ACTT), sponsored by the National Institute […]
Washington, DC…Real gross domestic product (GDP) decreased at an annual rate of 4.8 percent in the first quarter of 2020 (table 1), according to the “advance” estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2019, real GDP increased 2.1 percent. The GDP estimate released today is based on source data […]
New York, NY…S&P Dow Jones Indices today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for February 2020 show that home prices continue to increase at a modest rate across the U.S. More than 27 years of history are available for these data series, […]
Carmel, CA…From the Carmel Bach Festival…Dear Friends of the Carmel Bach Festival, We are missing your telephone calls and office visits, thinking of you and hoping that you and everyone dear to you is healthy and safe. During this difficult time of social distancing and prohibition of public gatherings, we appreciate even more the special […]
Washington, DC… Administrator of the U.S. Small Business Administration Jovita Carranza and U.S. Treasury Secretary Steven T. Mnuchin issued the following statement today on the resumption of the Payroll Protection Program (PPP). “We are pleased that President Trump has signed into law the Paycheck Protection Program and Health Care Enhancement Act, which provides critical additional […]
Sacramento, CA…The California Department of Motor Vehicles today announced it is waiving late fees and penalties for vehicle registration, extending expiring identification cards, temporary operating permits and motor carrier permits. With authority granted under today’s executive order signed by Governor Gavin Newsom, the DMV is: • Waiving late fees and penalties for vehicle registration renewals due between […]
Salinas, CA…Monterey County is creating an Emergency Microloan Fund within its Small Business Revolving Loan Program with Cal Coastal to assist local small businesses impacted by COVID-19. “There is a strong need for quickly accessible, small-sized loans to newer, smaller businesses affected by closures due COVID-19,” explains Lee Takikawa, President of California Coastal Rural Development […]
Pebble Beach, CA…Knowing that entrants, judges, volunteers and guests face ongoing health concerns related to the COVID-19 pandemic, officials of the Pebble Beach Concours d’Elegance have decided to cancel the Show which was scheduled for August 16, 2020. “My heart goes out to all of the people who are involved in the Pebble Beach Concours […]
