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As wildfires rage in California, emotions are heating up.“People are not getting along,” said Boulder Creek, California, local Alex.In the Santa Cruz mountains, people are stocking up on gas but running out of patience.“The whole valley was closed,” Alex said. “Closed man!”At the local grocery store, workers are counting every single cent after being shut down for two weeks due to fire concerns.“We definitely have stocked up on our gallon waters,” said Vanessa Russo, owner of Wild Roots Market in Boulder Creek.Russo says wildfires during the pandemic have drastically cut into profits and are now weighing on people’s wallets and their well-being.“A lot of our customers are having to deal with refrigeration issues and slowly having evacuations be lifted,” she said.With thousands of homes destroyed during these fires and many businesses already suffering due to COVID-19 concerns, rebuilding could come at a cost never seen before.“The 2020 fire could be even more catastrophic than say the 2018, which was I think was billion,” said Janet Ruiz with the Insurance Information Institute.Ruiz says the California fires could impact areas across the country.“Agriculture, you talk about the wine industry,” she said. “Beef, the pork, all those could be affected by catastrophe.”The economic impacts of these fires stretch from the mountains, all the way to the ocean“So, the time when our businesses need funding from us, we don’t have it to give,” said Bonnie Lipsco-mb, director of economic development for the City of Santa Cruz.Fire displaced Lipscomb’s family and they’re now living in a trailer.”Despite the new digs, Lipscomb is still focused on helping her community during these unprecedented times.“The impact is really catastrophic,” she said. “I don’t think we’ve seen this since the earthquake and maybe not even then.”With much of the city’s budget funded through sales and property taxes, areas of income that were already suffering before the fires, city leaders are now seeking support from state and federal government agencies.“We’re working on long-term recovery, but at the same time, it's day by day,” Lipscomb said.That road to economic recovery, however, will be long and costly. 2221

At least one person is injured after a man opened fire at a hospital in Shreveport, Louisiana Wednesday morning, according to reports. The man was shot in the leg and is expected to be OK.Around 6:30 a.m. ET, officers got called to Ochsner LSU Health Shreveport - St. Mary Medical Center for reports of a shooting.Officers treated it like an active shooter situation and local media in the area said hostage negotiators were on the scene. The hospital was closed to new arrivals for a time Wednesday morning. Shreveport police believe the suspect in Taniel Cole, and think he may have gotten out of the hospital before they could find him. 648

As the University of Washington’s Institute for Health Metrics and Evaluation projected a resurgence of coronavirus-related deaths at the start of the fall, Treasury Sec. Steven Mnuchin said a second shutdown of the US economy is not on the table.In an interview with CNBC on Thursday, Mnuchin said, “We can’t shut down the economy again. I think we’ve learned that if you shut down the economy, you’re going to create more damage.”In the last three months, more than 113,000 Americans have died from the virus despite massive mitigation efforts. Efforts to mitigate the spread of the virus caused millions of US workers to file for unemployment.The coronavirus has remained deadly as state economies have return to operation. Johns Hopkins University says that the coronavirus has killed an average of 1,000 Americans per day over the last month, which is down from a peak of 2,000 to 2,500 per day during the month of April.It also appears that Mnuchin’s words did little to quell economic anxieties on Wall Street on Thursday, with the Dow Jones Industrial Average tumbling 1,800 points. The market had seen a steady rebound after a sudden drop in the market in March.Even with a functioning economy, Wall Street’s response to growing concerns of a coronavirus resurgence shows that further economic growth could be slowed. The US economy officially entered a recession in February as CDC leaders predicted that the US would experience community spread of the virus. There is no sign the US is poised to exit out of a recession.“There are other areas and we’ve talked about (a shutdown): medical problems and everything else that get put on hold,” Mnuchin said. “I think it was very prudent what the president did, but I think we’ve learned a lot.”Chairman of the Federal Reserve Jerome Powell told reporters on Wednesday that getting the economy back to where it was before the coronavirus began to spread could take time.“My assumption is there will be a significant chunk, well into the millions -- I don't want to give you a number because it's going to be a guess -- but well, well into the millions of people who don't get to go back to their old job and in fact there may not be a job in the industry for them for some time, there will eventually be but it could be some years before we get back to those people finding jobs,” Powell said. "When people lose a job, they can find a job in their own industry, that's the fastest way and no other people in the industry, different kinds of jobs, that's usually the fastest.“If you have to go and start over again it's much harder and that's where you lose people who fall out of the labor force and is very tough on their lives, we all know people.”Unemployment reached its highest level since the Great Depression in April. Even with the possibility of sustained high unemployment numbers, the Cares Act is set to end a 0 bonus to unemployment checks at the end of next month.Whether supplemental funds for unemployment checks will continue beyond next month is still up in the air as Congress considers a next round of stimulus funds. 3104

AUSTIN, Texas – More people have now voted early in Texas for Tuesday’s general election than voted in total in the state during the 2016 election.As of Thursday, data on the secretary of state’s website shows a total of 9,009,850 Texans had voted either by mail or in person, and there’s still one more day of early voting in the state.That number surpasses the record-breaking 8,969,226 votes that were cast in the state during the 2016 election.The high voting turnout signals that Texas may be a true battleground state in the 2020 election.Democrats are trying to take advantage of the enthusiasm to flip the traditionally Republican state and collect its 38 electoral votes. Though, pollsters at FiveThirtyEight show President Donald Trump is still “slightly” favored to win the state, with a 66% chance. That’s according to the website’s forecast, which is based on polling averages.Still, Joe Biden's campaign appears to see potential in Texas and is even sending running mate Kamala Harris to the state Friday to campaign in the final leg of the presidential race. 1081

Back-to-school shopping is an expensive chore. And if you shop local sales, it’s a chore you’ll share with thousands of other parents in the vicinity. If it’s big savings you’re after when you brave the crowds, sales flyers won’t cut it. You’ve got to get creative.“Back-to-school shopping can put a big strain on family budgets, but planning ahead to take advantage of discounts, setting a budget, and only buying what your child actually needs helps your dollar go a lot farther,” says NerdWallet personal finance expert Kimberly Palmer.Going beyond the sales flyers in your savings efforts may take a bit more work, but it can pay off for your pocketbook and peace of mind.?More: How to save money: short and long term strategies 745