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According to multiple media reports, an anonymous person paid off nearly ,000 worth of layaway items at a Walmart in Bristol, Tennessee.According to WJHL, a Good Samaritan donated ,995 on Monday, which was enough to cover the store's entire balance of the layaway items.WCBY reported that the person made the payment "in Christ's name."Walmart told WVLT that the donor "wanted to affect as many people as possible positively." 440
According to a study published by UCLA's Anderson School of Management, the COVID-19 pandemic has put the U.S. economy into a "depression" and projects that the country's GDP won't return to pre-pandemic levels until early 2023.The study was published by David Shulman of UCLA's Anderson Forecast — a research firm at the school that publishes a quarterly outlook on the U.S. economy."Make no mistake, the public health crisis of the pandemic morphed into a depression-like crisis in the economy," Schulman wrote. "To call this crisis a recession is a misnomer."The report says that despite a drastic response from both the Trump Administration and the Federal Resevre, it will take years for both employment levels and GDP to return to were it was before COVID-19 reached America."Simply put, despite the Paycheck Protection Program too many small businesses will fail and millions of jobs in restaurants and personal service firms will disappear in the short-run," the report reads. "We believe that even with the availability of a vaccine it will take time for consumers to return to normal. (It took more than two years after 9/11 for air travel to return to its prior peak.) With businesses taking on a huge amount of debt, repayment of that debt will take a priority over new capital spending. And do not forget that state and local budgets suffered a revenue collapse that even with federal assistance it will take years to recover from."The U.S. lost 22 million non-farming jobs in the early months of the pandemic, the report says. The report does offer at least one bright spot: the housing market. The report mentions that despite high unemployment rates, "consumer demand remains strong" and that markets will return to pre-pandemic levels fairly soon.Finally, the report projects that the pandemic will accelerate some trends that were already in motion, particularly the growth of online retail, telecommuting and rising tensions between the U.S. and China. 1980
After Hurricane Laura hammered parts of the Gulf Coast, communities are coming together with people helping people.“The battle cry is out there,” said Curtis Drafton, who is gearing up for a private rescue mission. “The bell is tolling. Let’s go get it!”This United States Army veteran, who spent his life helping others, is now spending his own money to do the same as a civilian.“Last year we spent around ,533,” he said.Drafton is leading the Veteran Emergency Response Unit, a nonprofit providing relief during natural disasters.“It’s not really about the money,” he said. “It’s like, Americans are suffering, Americans are dying and at the end of the day, somebody has got to pick up the slack.”About an hour outside of Baton Rouge in Gator Country, neighbors gathered to help remove a fallen tree off Paige Fontenote’s brand new outdoor carport that was crushed during the storm.“It touches my heart; it makes me want to cry,” she said.Overcome with emotions, Fontone almost broke down from the support from people in the area where she wants to retire.“This is what it’s all about,” she said. “This is why we want to move here.”In Lafayette, Louisiana, homeowners took matters into their own hands, chopping down a fallen tree between a home and an apartment complex.“You cook a gumbo, you hope nothing doesn’t happen to your house and then you get out and help your friends,” said one local man.Helping friends in this time of need as people continue to help other people.“If 2020 hasn’t taught us anything that would be it,” the man said. “Turn the TV off, spend time with your neighbors and do it for them.” 1628
After standing on a street corner and asking strangers for employment, one homeless man in Silicon Valley has been overwhelmed by job offers.David Casarez, a college graduate in his 20s, was spotted holding a sign that read, "Homeless hungry 4 success take a resume." He was handing out his resume to motorists in Mountain View, California -- where Google is headquartered -- and hoping to make a job connection.Casarez moved to California several months ago, seeking a job in the tech industry. He recently ran out of money and said he had to get creative to get noticed, according to CNN affiliate KRON. 618
Along with the nation’s top Democrats, several celebrities are expected to appear during the virtual Democratic National Convention this week.Party leaders announced Monday that Eva Longoria, Tracee Ellis Ross, Kerry Washington, and Julia Louis-Dreyfus are among the stars who are set to speak during the convention.The DNC says Longoria, an actress known for her role on “Desperate Housewives,” will participate on Monday. The night’s theme is “We the People,” “bringing together many Americans who are rising up to unite our country and join Joe Biden in rebuilding the country and moving it forward.”Ellis Ross, an actress known from “Black-ish,” will participate Tuesday night with the theme “Leadership Matters,” “where the focus is on the leaders and the experts, the veterans and the activists, all those who seek to unite and not divide, and who step up—not back down—from a fight over what’s right.”Washington, an actress known for her role on “Scandal,” will participate Wednesday night, when viewers will hear from Democratic vice-presidential nominee Kamala Harris. The night’s theme will be “A More Perfect Union.”Louis-Dryfus, known from "Seinfeld" and "Veep," will participate in the final night of the convention, highlighting “America’s Promise.” Programming will culminate in Joe Biden’s acceptance speech, when he will present his vision for uniting America to move the nation forward.Organizers announced the musical lineup last week. Those performers include Leon Bridges, The Chicks, Common, Billie Eilish, Jennifer Hudson, John Legend, Billy Porter, Maggie Rogers, Prince Royce, Stephen Stills.The musical artists will be featured across all four nights of the DNC, from Monday, Aug. 17 to Thursday Aug. 20. The convention programming is set to air from 9 p.m. to 11 p.m. ET.President Donald Trump is attempting to counter the DNC with his own campaign events this week. First, speaking jobs and the economy in Minnesota on Monday, followed by similar remarks in Wisconsin later in the day. Both states are considered battleground states leading up to the presidential election. 2109