Brent Fleischer

These Tourist Attractions Could Be COVID-19 Trouble

Denise Truscello/Getty
Denise Truscello/Getty

On Thursday afternoon, 53-year-old Lynn Rocha walked into a casino on the Las Vegas Strip and sat down at a slot machine.

People were raucously drinking and smoking around her, without face masks—seemingly unaware or unconcerned about the coronavirus pandemic—Rocha told The Daily Beast on Monday.

Rocha said her husband works the graveyard shift at a casino, and she wanted to go for a walk to see how different establishments on the Strip handled the city’s signature industry reopening after an historic 78-day COVID-19 shutdown.

“It was rather scary to see that people were not following the guidelines,” said Rocha, who said the woman at a slot machine next to her was “cursing at the machine, drinking, smoking, and sweating” without a face mask. “She was angry and kept wiping her face,” Rocha added. After the woman got up, “I looked around to see if any employee

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In Line for Another $1,200 Coronavirus Check? Trump Administration Will ‘Seriously Look’ at Proposal

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Treasury Secretary Steven Mnuchin this week hinted that the Trump administration would be willing to send out another round of stimulus checks to Americans.

During a Senate hearing regarding Washington’s next coronavirus aid package, Mnuchin said: “I think we’re going to seriously look at whether we want to do more direct money to stimulate the economy. But I think this is all going to be about getting people back to work, and we look forward to working with the entire Senate on this.”

Meantime, Senate Majority Leader Mitch McConnell said Congress may decide in the next few weeks if it will take up another round.

Some analysts have forecast that the relief measure will be on the way by late July.

Last month, the Democratic-run House passed a $3 trillion coronavirus relief bill—which essentially represents an opening offer in discussions with the Trump

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Mnuchin: More Stimulus ‘Definitely’ Needed

Treasury Secretary Steven Mnuchin said Wednesday that the U.S. economy has begun to rebound from coronavirus closures and will “improve dramatically” over the second half of the year, but that more fiscal support will be needed, especially for hard-hit sectors.

“I definitely think we are going to need another bipartisan legislation to put more money into the economy,” Mnuchin said at a hearing of the Senate Small Business and Entrepreneurship Committee. He later added: “We absolutely believe small business — and, by the way, many big businesses in certain industries — are absolutely going to need more help.”

Mnuchin said that the administration does not want to rush that legislation but plans to spend the next 30 days considering what should go into the next package and would “seriously look” at whether more direct stimulus payments should be included. “Whatever we do going forward needs to be much more targeted

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European stocks rack up hefty gains as cyclicals rally

By Sruthi Shankar

(Reuters) – European stocks racked up their best week in two months on Friday, with investors scooping up battered shares of banks, automakers and travel companies amid growing signs that the pandemic-hit global economy is recovering.

The pan-European STOXX 600 <.STOXX> ended the day 2.5% higher, getting an afternoon boost from data that showed U.S. economy unexpectedly added jobs in May after suffering record losses the prior month.

Euro zone blue chip stocks <.STOXXE> jumped 3.8% and the bloc’s lenders <.SX7E> rallied 7.6% for their best weekly gain since 2008’s global financial crisis.

Risky assets across the world have been lifted this week as economies continued to emerge from their lockdowns, while a bigger-than-expected stimulus package from the European Central Bank and hopes for European-Union wide fiscal action gave a further boost to the continent’s markets.

Growth-sensitive cyclical sectors that have suffered badly during the coronavirus crisis,

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