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The Federal Reserve says economic activity has picked up in most regions of the country but still remains well below pre-pandemic levels with the country facing high levels of uncertainty.The Fed reported Wednesday that its latest survey of economic conditions around the country found improvements in consumer spending and other areas but said the gains were from very low levels seen when widespread lockdowns push the country into a deep recession.And the report said that business contacts in the Fed’s 12 regions remained wary about the future.“Outlooks remained highly uncertain as contacts grappled with how long the COVID-19 pandemic would continue and the magnitude of its economic implications,” the Fed said in its latest Beige Book.Economists said the Fed survey underscored how uncertain the outlook was at present.“Last month’s optimism as businesses were reopening has since given way to concerns over reinforced shutdowns, announced delays in school openings and growing consumer fears,” said Curt Long, chief economist of the National Association of Federally-Insured Credit Unions. “A smooth path back to normal was never likely, but it will still leave consumers and businesses more cautious until a vaccine is ready and widely available.”The information in the report will provide guidance for Fed officials at their next meeting on July 28-29. Economists expect the central bank to keep its benchmark interest rate at a record low as it tries to cushion the economy from the pandemic downturn.The Beige Book found only modest signs of improvement in most areas, noting that consumer spending had picked up as many nonessential businesses were allowed to reopen, helping to boost retail sales in all 12 Fed districts but construction remained subdued.Manufacturing activity moved up, the report said, ’but from a very low level.”The economy entered a recession in February, ending a nearly 11-year long economic expansion, the longest in U.S. history. Millions of people were thrown out of work and while 7.3 million jobs were created in May and June that represented only about one-third of the jobs lost in March and April.And now, in recent weeks with virus cases surging in many states, there are concerns that the fledgling recovery could be in danger of stalling out.The Beige Book reported that employment had increased in almost all districts in the latest survey, which was based on responses received by July 6, but layoffs had continued as well.“Contacts in nearly every district noted difficulty in bringing back workers because of health and safety concerns, child care needs and generous unemployment insurance benefits,” the Fed said.The report said that many businesses who had been able to retain workers because of the government’s Paycheck Protection Program said they might still be forced to lay off staff if their businesses do not see a pickup in demand.The Fed in March cut its benchmark interest rate to a record low of 0 to 0.25% and purchased billions of dollars of Treasury and mortgage-backed bonds to stabilize financial markets.But Fed officials have recently expressed concerns that a resurgence of the virus in many states may require more support from the central bank and from Congress.Fed board member Lael Brainard said in a speech Tuesday that the economy was likely to “ face headwinds for some time ” and that continued support from the government will remain “vital.”The Trump administration has said it plans to negotiate another support package once Congress returns from recess next week. Republicans and Democrats remain far apart on what should be in the new package with Democrats pushing for a package of around trillion while GOP lawmakers have called for smaller support of around trillion.Congress will only have two weeks to reach a compromise before two of the most popular programs providing paycheck protection for workers and expanded unemployment benefits expire. The unemployment support provided an extra 0 per week but many Republicans say that amount was too high and kept some people from returning to work. 4106

The company that owns both Family Dollar and Dollar Tree, Dollar Tree Inc., have reversed their mask policy, again. Customers are now required to wear masks inside their stores.Back on July 8, the company stated consumers must wear masks inside their stores. Two weeks later, they changed its policy to "request" face masks to be worn.Now, they require masks to be worn inside the store at all times."To best help protect one another, and in accordance with guidelines from the Centers for Disease Control and Prevention (CDC), we are requiring all Associates, customers, and vendors to wear face coverings when inside our stores," the company stated on its coronavirus response page on its website.The company also added that store employees would be provided with face coverings. 789

The FDA issued an emergency use authorization for a saliva-based coronavirus test that has been used to identify COVID-19 cases by NBA players. Leading officials are calling the test a “game-changer.”The SalivaDirect test is said to be both rapid in its findings, and inexpensive. Yale said it doesn’t hope to commercialize the test, rather increase the country’s testing capabilities.“Widespread testing is critical for our control efforts. We simplified the test so that it only costs a couple of dollars for reagents, and we expect that labs will only charge about per sample. If cheap alternatives like SalivaDirect can be implemented across the country, we may finally get a handle on this pandemic, even before a vaccine,” said Nathan Grubaugh, a scientist with Yale Public Health.Yale scientists say that the nasal samples are less invasive than swabbing, but are equally as accurate.“This is a huge step forward to make testing more accessible,” said Chantal Vogels, a Yale postdoctoral fellow. “This started off as an idea in our lab soon after we found saliva to be a promising sample type of the detection of SARS-CoV-2, and now it has the potential to be used on a large scale to help protect public health. We are delighted to make this contribution to the fight against coronavirus.”The test earned praise from members of the White House coronavirus task force.“The SalivaDirect test for rapid detection of SARS-CoV-2 is yet another testing innovation game-changer that will reduce the demand for scarce testing resources,” said Assistant Secretary for Health and COVID-19 Testing Coordinator Admiral Brett P. Giroir, M.D. “Our current national expansion of COVID-19 testing is only possible because of FDA’s technical expertise and reduction of regulatory barriers, coupled with the private sector’s ability to innovate and their high motivation to answer complex challenges posed by this pandemic.” 1926

The COVID-19 pandemic has given a new perspective to many people across the world. For some women, it's made them consider whether the career they've chosen is the right one.A new survey by AllBright Collective, a membership-based club created by women that aims to provide inspiration, career coaching, networking and more for women around the world, shows many women are ready for a change."And so what we wanted to do was, rather than just guess what people were thinking, we wanted to do this global survey to really try and understand how women were thinking about their careers when we emerge," said Anna Jones, the CEO of AllBright Collective. "And we were actually very pleasantly surprised."Jones says AllBright surveyed 800 members during the pandemic, and 61% of them said they were going to be pivoting in their career."Now, that may mean pivoting to a different industry or different job, or it may be pivoting within the organization they're working in. But we were very pleasantly surprised that it was quite positive and women were very keen to kind of grab this time as an opportunity and make their ambitions a reality," Jones said.The survey also showed 25% of women were already in the process of changing their careers."I think we've all gotten used to working in a different way," Jones said. "We're all sitting on Zoom and connecting digitally in a way that we could never have imagined. I think for many women who wanted to work more flexibly, they're proving that they can."Elizabeth Middleton, a former teacher and mom of four, isn't surprised by the survey's results. She, too, is in the middle of a career change, starting her own business, Forward Function Health."It's been a major life shift," Middleton said. "I knew — and it wasn't just because of this pandemic, fortunately — before the pandemic, I was making this shift. But the pandemic just confirmed that it's the best for my family and self, and I think the pandemic has woken everybody up. It woke me up."Middleton is nearly finished with her courses relating to nutrition and wellness counseling and is thrilled to find a career that fills her soul."We launch fully in 2021. However, I've had already quite a few people on board with needs with this coronavirus," Middleton said. "I'm looking forward to helping people.""I also think that maybe it's just that we've had a bit of time," Jones said. "Admittedly, people have been juggling a lot. Juggling their households, chores and household responsibilities and their work but I think we've all had a little bit more time to think about, Well what would we like to do?"AllBright is hoping to continue working with its members who need additional support to make their new career moves — taking newfound time at home and turning a business idea into a reality. 2809

The Federal Bureau of Investigation has asked the public’s help in identifying members of a female gang who have been spotted in Middle Tennessee.  The FBI said Felony Lane Gang members use rental cars with tinted windows to watch you and your car in parking lots at gyms, daycares or anywhere someone might leave a purse in a car.They have been spotted in Nashville, Mt. Juliet, Gallatin and several other towns around the Metro area.When they see an opportunity, they'll swipe IDs, credit cards and checkbooks. Then, they hand all of that over to prostitutes and drug users they recruit to impersonate victims.Those women take stolen checks and IDs to multiple banks to withdraw large amounts of money -- all before the victims have a chance to close their accounts.According to authorities, they use the farthest window from the teller in bank drive-thru lanes. This drive-thru lane is commonly known as the "felony lane," which is what inspired their nickname.Investigators said they’re known to use wigs and other disguises to impersonate their victims at banks. If you have information call the FBI office in Memphis at 615-232-7500.  1158

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