Apr 10, 2020 - Health

Uncertainty looms over summer camps amid coronavirus pandemic

Photo: George Frey/Getty Images

Summer camps across the U.S. are trying to figure out how best to respond to the coronavirus pandemic as May and June inch closer, AP reports.

Why it matters: For many parents, summer camps act like a babysitting service that allows them to keep working — and, for kids, they could be a much-needed outdoor escape after being forced to spend the last bit of their academic year at home.

The state of play: Some camps already decided they will not open this summer but most are holding off to see how the next few weeks pan out.

  • More than 22 camps are planning to hold "virtual camps."
  • Day camps are considering banning crowded buses for transportation.
  • Virginia is currently the only state with a stay-at-home order that definitively extends to June — prime camp season — though many are effectively open-ended.

Yes, but: Even if camps are operational, it's not clear if parents will feel comfortable sending their kids away in a time of uncertainty.

  • As a result, many are holding off putting money down for camps despite extended enrollment deadlines.

Go deeper: Virus-driven shift to online classes brings home the digital divide

Go deeper

Jun 3, 2020 - Sports

Positive coronavirus tests put Japanese baseball's comeback in jeopardy

The Seattle Mariners' Mitch Haniger hits a home run during a preseason game against the Yomiuri Giants in Tokyo last March. Photo: Masterpress/Getty Images

The Yomiuri Giants, Japan's most famous baseball team, called off a preseason game Wednesday after two players tested positive for coronavirus, per multiple reports.

Why it matters: The 12-team league hopes to open its delayed season on June 19 in empty stadiums, but this news puts that date at risk. And it serves as a reminder that every return-to-play proposal is subject to change based on the wobble of this virus — and that all leagues are one positive test away from their plans going up in smoke.

1.9 million Americans filed for unemployment last week

Photo: Mario Tama/Getty Images

Another roughly 1.9 million people filed for unemployment last week, the Department of Labor said on Thursday.

The big picture: The coronavirus pandemic is still putting a historic strain on the labor market, though the pace of unemployment applications continues to slow.

The risk asset rally continues as stock market rebounds

Illustration: Sarah Grillo/Axios

Risk assets have jumped over the past week and continued their rally on Wednesday, with the S&P 500 gaining for a fourth straight day and posting its highest close since March 4, while the Nasdaq ended the day just 1.4% below its all-time high.

What it means: If it hadn't been evident before, Wednesday's market action made clear that the bulls are back in charge.