Wednesday, May 6, 2020

Before DIY sourdough starters became popular, there was home economics

Mary-Leah de Zwart does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

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My niece is sheltering at home during the COVID-19 pandemic. She's making sourdough starter for the first time because she couldn't find any dry yeast. It's like having a newborn for the first three days — keep warm, stir three or four times a day, watch for bubbles, feed regularly after use. On cold winter nights, old-timers used to take their sourdough starter to bed with them.

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Publisher: The Conversation
Author: Mary Leah de Zwart
Twitter: @ConversationCA
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While you're here, how about this:

Press corner | European Commission
Publisher: European Commission - European Commission
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Twitter: @EU_Commission
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This ... is modelling the pandemic's financial fallout

He spoke to Nature about how his team is mining novel data sources to track the real-time effects of the coronavirus on the economy — and explore its long-term impacts.

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We've looked at things like restaurant bookings, the use of public-transport apps, flight data, electricity use and indicators of how much people are visiting certain places. The job-advertisement website Indeed is sharing their data with us about what ads are being posted by firms. Because of that we can see there's been this enormous fall in demand for workers, with fewer than half the jobs posted each day than we would expect.

Date: 2020-05-04
Twitter: @nature
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US-China political tension is major concern for investors: Economist

The coronavirus pandemic might have peaked, but the political fallout from it is just picking up pace and investors are getting very worried, said an economist on Wednesday.

"The virus situation (has) already peaked," according to Zhiwei Zhang, president and chief economist of Pinpoint Asset Management. "On the margin, it's gradually improving. There are always concerns about a second wave (but) as long as the general public as well as the governments are aware of that risk, the risk is contained to some extent," he told CNBC on Wednesday.

Publisher: CNBC
Date: 2020-05-06T05:06:40 0000
Author: https www facebook com CNBC
Twitter: @CNBC
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In case you are keeping track:

Stocks Waver as Investors Look to Earnings, Economic Data - WSJ

U.S. stocks swung between small gains and losses Wednesday as investors continue to try to untangle key pieces of economic data and corporate earnings.

The S&P 500 gained 0.2% in mid-morning training in a choppy session that had the benchmark index opening higher before falling into negative territory. The Dow Jones Industrial Average also bounced up and down. By mid-morning, it was up about 10 points, or less than 0.1%.

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Publisher: WSJ
Date: 2020-05-06T14:43:00.000Z
Author: Avantika Chilkoti and Frances Yoon
Twitter: @WSJ
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'There is a glimmer of hope': economists on coronavirus and capitalism | World news | The Guardian

David McWilliams: I think it is fair to say that capitalism – in the course of this unprecedented crisis – has been suspended. We are not going back to where we were, to business as usual. The state has come back, and this episode will not be forgotten by the electorate. I don't know where we are going, but one thing seems clear: we are not going back.

Yanis Varoufakis : I like this phrase: capitalism has been suspended. The last time capitalism was suspended in the west was during the second world war, with the advent of the war economy: a command economy that fixed prices. The war economy marked the transcendence of the standard capitalist model.

Publisher: the Guardian
Date: 2020-05-06T05:00:02.000Z
Author: Yanis Varoufakis
Twitter: @guardian
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US economy: The big problem Covid poses for White House economists - CNNPolitics

(CNN) The numbers evoke the worst economic nightmares in American history . But White House economic adviser Kevin Hassett freely admits he can't map the path out.

Publisher: CNN
Date: 2020-05-03T10:15:06Z
Author: Analysis by John Harwood
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Our economic recovery depends on policies that benefit women (opinion) - CNN

The Covid-19 pandemic has revealed a problem at the heart of our economy with glaring clarity: Women, and especially women of color, are more likely to be the breadwinners in their households than ever before, while most of the unpaid responsibilities at home continue to fall on them. Yet, our public policies and private sector practices are rarely designed to support their dual roles, leaving us all vulnerable as a result.

Publisher: CNN
Date: 2020-05-06T15:12:29Z
Author: Jennifer Siebel Newsom and Heather McCulloch for CNN Business Perspectives
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