If Joe Biden wins the presidency, he might need a trillion-dollar stimulus bill in January, just to buy enough time to push through his nearly $3 trillion "Build Back Better" plan later in spring 2021. That's according to Biden advisers who are growing increasingly worried that the economy is deteriorating by the day.
The big picture: Congress and the White House are locked in a stalemate on additional spending to soften the blow of the pandemic. Every day that extra stimulus is delayed only serves to increase the ultimate size of the final cost to the economy.
College reopening plans are crumbling across the country — even as administrators take drastic steps to make the fall work.
The big picture: The close to 2,000 campuses trying to reopen this fall are finding that it's nearly impossible to prevent outbreaks when you bring together thousands of undergraduates who've been starved of social contact all summer.
Facebook made an “operational mistake” by not removing the page of a militia group that posted a call to arms in Kenosha, Wisconsin, the company’s CEO and founder Mark Zuckerberg said in a company Q&A.
Why it matters:Buzzfeed News reported Friday that the page for the Kenosha Guard militia group and its "Armed Citizens to Protect Our Lives and Property" event listing was flagged to Facebook moderators at least 455 times after its creation.
SkyDrive has successfully tested its flying car with a passenger on board, the Japanese company announced in a news release.
Why it matters: The modest test — four minutes in the air — brings humanity one step closer to one day combining the automobile and airplane, potentially doing away with the hassle of airports, commercial pilots and traffic jams, according to AP.
The big picture: The Trump administration has been forcing a sale of TikTok due to ongoing national security concerns over ByteDance, it's Chinese owner. The app is most popular with young people who could be the future of Walmart's customer base, AP notes.
After years of U.S. commutes growing longer and longer, the pandemic has kept millions of office road warriors at home — and the financial benefits are significant.
Why it matters: Commuting was costing American workers an increasing amount of time, money and life satisfaction. After a glimpse of life without the daily slog, workers may not want to go back to normal, which could have major effects on cities around the country.
Family, friends and fans of actor Chadwick Boseman are mourning the loss of the 43-year-old who died Friday after a four-year battle with colon cancer.
Why it matters: Boseman was most known for his portrayal of King T'Challa in the 2018 film the "Black Panther," which sent shockwaves through Hollywood.