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Author: jwelcome

Retail Sales Returned (Almost) to Normal in May

Here’s some pretty good news. Retail sales rebounded very nicely in May: Retail sales declined by $79 billion between February and April, but recovered 81 percent of that loss in May. This is only a single month, and it’s not evidence of a “v-shaped” recovery—not yet, anyway—but it’s still good to see. With money from…

Consumer Protection Panel Actually Wants to Deregulate Wall Street, Lawsuit Alleges

Graeme Sloan/AP For indispensable reporting on the coronavirus crisis and more, subscribe to Mother Jones’ newsletters.In October 2019, the Consumer Financial Protection Bureau—tasked with enforcing federal regulations on financial institutions—announced the creation of a new task force to conduct an “objective and independent evaluation” of current financial regulations. On Tuesday, the watchdog group Democracy Forward…

The Cops Are Playing Fast and Casual With the Facts

AP Photo/Mark Lennihan For indispensable reporting on the coronavirus crisis and more, subscribe to Mother Jones’ newsletters.In a quest prove to the public that they have been under attack over the last several weeks, New York City police officers have spread stories that attempt to perfectly illustrate their plight. Except the stories are too perfect.…

Who’s In Most Danger From COVID-19?

Everyone’s favorite publication, the CDC’s Morbidity and Mortality Weekly Report, has some new data on COVID-19 incidence in the United States. Here’s the basic breakdown by age: This is new. It suggests that the incidence of COVID-19 is roughly the same all the way from age 20 to age 79. I wonder what this would…

The Evil Dex For the Win!

The Evil Dex.Kevin Drum For indispensable reporting on the coronavirus crisis and more, subscribe to Mother Jones’ newsletters.Hell, all they had to do was ask me: Scientists at the University of Oxford said on Tuesday that they have identified what they called the first drug proven to reduce coronavirus-related deaths, after a 6,000-patient trial of…