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Scott D. Pierce: It’s irresponsible for Salt Lake City TV stations to celebrate the 5-year-old who stole his family’s SUV




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Letter: President has jeopardized our recovery




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U.S. unemployment spikes to a Depression-era level of 14.7%




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Did you order a grocery pickup? Don’t expect that six-pack to be in your bag. In Utah, you have to buy beer inside.




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Utah Royals begin voluntary individual training sessions




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Bill Tibbitts: Utah must not allow people to be evicted for being sick during a pandemic




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VP Pence’s press secretary tests positive for coronavirus




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Another Utah congressional candidate runs in a district where he does not live




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As Utah’s national parks reopen, visitors should brace for a ‘new normal’




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Roy Horn of Siegfried & Roy dies from coronavirus at 75




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The State Room holds a poster auction, selling 11 years of music memorabilia




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Robert De Niro says he’d play Gov. Cuomo in a coronavirus movie: ‘He’s doing what a president should do’

De Niro, 76, also voiced his support for Joe Biden as a presidential candidate on "The Late Show," and was critical of President Trump’s handling of the response to the COVID-19 outbreak.




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Former Bad Company lead singer Brian Howe dead at 66

Singer and songwriter Brian Howe, a former lead vocalist for the British rock band Bad Company, died Wednesday after suffering a cardiac arrest at his home in Florida. The 66-year-old English musician had a brief conversation with first responders, but he then “slipped away" and could not be revived, longtime friend and manager Paul Easton said Thursday.




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Trump’s valet tests positive for coronavirus, but both the president and Pence are fine

A member of the U.S. Navy who serves as one of President Trump’s personal valets has tested positive for coronavirus.




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April’s jobless rate is highest since Great Depression, hitting 14.7%

The U.S. unemployment rate suffered its worst monthly loss on record, hitting a startling 14.7% in April as the coronavirus pandemic and the drastic efforts to contain it forced employers to slash more than 20 million jobs.




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SEE IT: Gov. Cuomo approves of Robert De Niro playing him, gives his best ‘Taxi Driver’ impression

Gov. Cuomo is down with Robert De Niro portraying him in a movie about the coronavirus pandemic, should there be one, and he also took a moment to play the role of the Manhattan-born actor.




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Chris Cornell’s widow fires back at Soundgarden members in escalating legal war, says they’re tying to ‘browbeat’ her into giving up music

Chris Cornell’s widow is firing back at her husband’s Soundgarden bandmates, calling the lawsuit they filed against her Wednesday an attempt to “browbeat” her into giving up “copyrighted works.”




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Ohio State to pay almost $41 million to 162 alleged sexual assault victims of university doctor

Ohio State University will pay about $41 million to settle a dozen lawsuits by 162 men alleging sexual abuse by a team doctor, Richard Strauss.




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Seminal rocker Little Richard, singer of classic “Tutti Frutti” and “Lucille,” dead at 87

The wildly influential singer and pianist established rock ’n’ roll as a genre with just one rule — there are no rules.




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The downsides of working from home

How should those now working from home due to the coronavirus deal with guilt and exhaustion?



  • Work & careers

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CCPC simplifies merger notification system

The Competition and Consumer Protection Commission (CCPC) has simplified the system for certain mergers to be notified to it.




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Demand for bank loans falls sharply amid virus crisis

New research from the Central Bank shows that demand for bank loans has fallen sharply.




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Trade Credit and the Transmission of Unconventional Monetary Policy -- by Manuel Adelino, Miguel A. Ferreira, Mariassunta Giannetti, Pedro Pires

We show that trade credit in production networks is important for the transmission of unconventional monetary policy. We find that firms with bonds eligible for purchase under the European Central Bank’s Corporate Sector Purchase Program act as financial intermediaries and extend more trade credit to their customers. The increase in trade credit flows is more pronounced from core countries to periphery countries and towards financially constrained customers. Customers increase investment and employment in response to the additional financing, while suppliers with eligible bonds increase their customer base, potentially favoring upstream industry concentration. Our findings suggest that the trade credit channel of monetary policy produces heterogeneous effects on regions, industries, and firms.




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Losing jobs, saving jobs: As unemployment soars, the nation and individual states try to balance health and economic concerns

The patient, laid up in the ICU, gets sicker. Thursday, 3.2 million more people joined the ranks of the unemployed, bringing to 33.5 million the number of Americans who’ve lost jobs since mid-March. Believe it: One in five of those employed before this living, dying hell began is now seeking jobless benefits.




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Pass an essential workers’ bill of rights: During crisis, give those doing critical jobs added protections and pay

The COVID-19 crisis is laying bare our city’s extreme racial and economic inequality. Not only have communities of color borne the brunt of the pandemic, but workers of color make up 75% of New York’s essential workers, the people who are risking their health to provide the services on which we all rely.




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Readers sound off on struggling small businesses, social distancing policing and solving homelessness

Lynbrook, L.I.: The news outlets have not covered the way that the smallest small businesses have been overlooked during the pandemic. As a Schedule C tax filer, I am eligible to collect Pandemic Unemployment Assistance under the CARES Act. I applied for PUA on March 16. I have been certifying for benefits every week. This entire time, my online account with the state Department of Labor says that my case is still pending.




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Former ABA commissioner Mike Storen, dad of ESPN’s Hannah Storm, dies at 84

Known for his hearty laugh and creative mind, Storen rose to executive spots in basketball, football, baseball and tennis during a four-decade career in sports.




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Office Visits Preventing Emergency Room Visits: Evidence From the Flint Water Switch -- by Shooshan Danagoulian, Daniel S. Grossman, David Slusky

Emergency department visits are costly to providers and to patients. We use the Flint water crisis to test if an increase in office visits reduced avoidable emergency room visits. In September 2015, the city of Flint issued a lead advisory to its residents, alerting them of increased lead levels in their drinking water, resulting from the switch in water source from Lake Huron to the Flint River. Using Medicaid claims for 2013-2016, we find that this information shock increased the share of enrollees who had lead tests performed by 1.7 percentage points. Additionally, it increased office visits immediately following the information shock and led to a reduction of 4.9 preventable, non-emergent, and primary-care-treatable emergency room visits per 1000 eligible children (8.2%). This decrease is present in shifts from emergency room visits to office visits across several common conditions. Our analysis suggest that children were more likely to receive care from the same clinic following lead tests and that establishing care reduced the likelihood parents would take their children to emergency rooms for conditions treatable in an office setting. Our results are potentially applicable to any situation in which individuals are induced to seek more care in an office visit setting.




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Supertall residential building will enter crowded NYC market

A New York City condominium tower will be the world’s tallest predominantly residential building when it opens next year, though it will be competing with other ultra-luxury buildings for billionaire buyers, the building’s developer said Tuesday.




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Dwyane Wade lists Miami Beach mansion for $32.5 million

Dwayne Wade's home features a chef-caliber kitchen, multiple formal and informal living areas, a master suite, wine room, elevator, professional theater and — of course — a basketball court.




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Two South Florida mansions offer a taste of the rock star lifestyle

Russ Weiner, the founder of Rockstar Energy Drink, has listed his Miami Beach and Delray Beach mansions for sale. The total asking price: $71.5 million.




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The last home designed by Frank Lloyd Wright sells in Arizona for nearly $1.7 million. Take a look inside.

Out of nearly 20 bids at a public auction for the Norman Lykes House, the winning bid came from a man who lives out of state, Heritage Auctions told The Associated Press.




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Free six-bedroom house available in New Jersey - as long as you can move it

Looking for a house? Well, there’s a free one in New Jersey if you want it. You just need to come and get it. Literally.




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Orlando housing: As Baby Boomers die, area may have too many excess homes

Over the next 20 years more than a quarter of the nation’s currently owner-occupied homes will be on the market as owners pass on with Orlando being one of the top impacted areas.




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Los Angeles mansion sells for about $150M, sets state record

A Los Angeles mansion built in the 1930s and seen in the credits for the TV show "The Beverly Hillbillies" has been sold for about $150 million, the highest home price ever in California.




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Tom Brady looks to score in the Massachusetts housing market

Tom Brady is moving up and down the field as he and the New England Patriots make another postseason run. Away from the gridiron, however, the three-time league MVP is still looking to score big in the real estate market.




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Jay Cutler and Kristin Cavallari toss Tennessee mansion back on the market

Jay Cutler and Kristin Cavalarri have chopped the price of their Tennnessee mansion to $4.95 million.




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Small home living: not ‘downsizing’ but ‘right-sizing’

With the current trend toward de-cluttering and downsizing, there are plenty of books about how to winnow down possessions to the few that are truly necessary and loved. This book shows how you can live well once that's done.




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First signs of disruption appear in housing; markets ‘calm’

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed as it continues to spread across the world. Here is a look at some of the latest developments Wednesday related to the global economy, particular economic sectors, and the workplace.




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Real estate deals tap technology for virtual tours, closings | Photos

Thanks to virtual tours, online mortgage applications, remote notarization and tech tools like Facetime, real estate agents in South Florida are still conducting business these days.




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3D office tours grow in popularity as coronavirus brings in-person visits to a halt

Truss, a Chicago-based real estate technology firm, is seeing increased interest in its 3D virtual office tours during the coronavirus pandemic.




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New dates announced for French Classics

France Galop has announced rescheduled dates for the French Classics, with the Guineas meeting set to be staged on June 1 at ParisLongchamp and the French Derby and Oaks to follow on 5 July at Chantilly.




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Japanese Guineas whet appetite for European Classics

The Flat racing calendar in the northern hemisphere remains mired in uncertainty, but in one jurisdiction the first Classics of the season have been staged as the coronavirus pandemic rages.




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French racing exempt from ban insists authority

Racing remains on course to return in France on 11 May despite French prime minister Edouard Philippe announcing on Tuesday that professional sport would not restart before September.




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Two Serie A clubs confirm positive Covid-19 tests

Four Sampdoria players, including one who had previously recovered, and three from Fiorentina have tested positive for coronavirus, the two Serie A clubs announced on Thursday.




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A Multi-Risk SIR Model with Optimally Targeted Lockdown -- by Daron Acemoglu, Victor Chernozhukov, Iván Werning, Michael D. Whinston

We develop a multi-risk SIR model (MR-SIR) where infection, hospitalization and fatality rates vary between groups—in particular between the “young”, “the middle-aged” and the “old”. Our MR-SIR model enables a tractable quantitative analysis of optimal policy similar to those already developed in the context of the homogeneous-agent SIR models. For baseline parameter values for the COVID-19 pandemic applied to the US, we find that optimal policies differentially targeting risk/age groups significantly outperform optimal uniform policies and most of the gains can be realized by having stricter lockdown policies on the oldest group. For example, for the same economic cost (24.3% decline in GDP), optimal semi–targeted or fully-targeted policies reduce mortality from 1.83% to 0.71% (thus, saving 2.7 million lives) relative to optimal uniform policies. Intuitively, a strict and long lockdown for the most vulnerable group both reduces infections and enables less strict lockdowns for the lower-risk groups. We also study the impacts of social distancing, the matching technology, the expected arrival time of a vaccine, and testing with or without tracing on optimal policies. Overall, targeted policies that are combined with measures that reduce interactions between groups and increase testing and isolation of the infected can minimize both economic losses and deaths in our model.




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Which Workers Bear the Burden of Social Distancing Policies? -- by Simon Mongey, Laura Pilossoph, Alex Weinberg

What are the characteristics of workers in jobs likely to be initially affected by broad social distancing and later by narrower policy tailored to jobs with low risk of disease transmission? We use O NET to construct a measure of the likelihood that jobs can be conducted from home (a variant of Dingel and Neiman, 2020) and a measure of low physical proximity to others at work. We validate the measures by showing how they relate to similar measures constructed using time use data from ATUS. Our main finding is that workers in low-work-from-home or high-physical- proximity jobs are more economically vulnerable across various measures constructed from the CPS and PSID: they are less educated, of lower income, have fewer liquid assets relative to income, and are more likely renters. We further substantiate the measures with behavior during the epidemic. First, we show that MSAs with less pre-virus employment in work-from-home jobs experienced smaller declines in the incidence of `staying-at-home', as measured using SafeGraph cell phone data. Second, we show that both occupations and types of workers predicted to be employed in low work-from-home jobs experienced greater declines in employment according to the March 2020 CPS. For example, non-college educated workers experienced a 4ppt larger decline in employment relative to those with a college degree.




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Cops release sketch of suspect in sexual assault of teen inside NYC college bathroom

The 17-year-old victim was entering the bathroom inside the lower level of the library at Kingsborough Community College in Manhattan Beach about 11:35 a.m. Monday when she felt someone coming in behind her, cops said.




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Defense lawyer, in closing arguments for 2016 slaying of beloved Brooklyn pizzeria owner, insists prosecutors failed to prove their case

Attorney Javier Solano, in his final jury address Friday, insisted there was a “piece that didn’t fit” in the prosecution’s presentation against murder suspect Andres Fernandez in the June 30, 2016, shooting of Louis Barbati.




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Vision uh-oh: Two more pedestrians killed by vehicles in Manhattan and Brooklyn, capping off deadly three days across NYC

The Friday morning deaths capped off a deadly three days across the city.