| Greetings, Quicktake readers! This week, Biden marks his first 100 days by staking a claim on the economy ahead of the 2022 midterms. Plus, how did India's Covid crisis get so bad? Stream now for free.  Biden's next 100 daysThursday marked President Joe Biden's 100th day in office. In that time, he beat the goals he set for Covid vaccinations, saw the passage of the $1.9 trillion pandemic relief bill and convened world leaders to confront the climate crisis. But his biggest challenges may still lie ahead. What's in store: - Covid crisis: While roughly 40% of Americans have gotten at least one dose of a vaccine, new variants threaten progress and there are signs the U.S. is running out of people who want the jab.
- Immigration: Biden faces a human rights challenge at the U.S.-Mexico border amid a surge of migrants, as well as daunting backlogs of cases in immigration courts and green card applications.
- Spending plans: Biden's $2.3 trillion American Jobs Plan to rebuild America's infrastructure isn't certain to pass, and his $1.8 trillion American Families Plan looks like a long shot in its current form.
- Unemployment: Before the pandemic, the U.S. reported 1.1 million long-term unemployed workers, those without a job for six months or longer. That number soared to 4.2 million last month.
- Employment gap: The workforce rift between women and people of color and white men is daunting. Narrowing it will require expanding affordable child care and combatting discrimination in hiring.
What to watch if...you can't take Dogecoin seriously. The cryptocurrency that started as a joke has shot up more than 6,000% this year to a $40 billion total market value thanks to memes and hope for a big score—and it's still going. ...you're craving the pre-pandemic crowd. The U.K. is deploying 6,000 clubbers over two nights to a mass rave with no masks or social distancing required to test whether live events can reopen at full capacity in June. ...you need a new side hustle. 26-year-old Megan Letter, a.k.a MeganPlays, is earning millions each year from people watching her play video games on Roblox, a gaming platform that's a hit among preteens. Episodes to binge watch nowOne question, answeredHow did India's Covid crisis get so bad? Earlier this month, the country was celebrating its success against the virus. Now, its health system is crumbling. Less than 2% of its 1.3 billion citizens have been vaccinated and super-spreader events of more contagious variants have left hospital beds and oxygen in short supply and crematoriums overrun.  We want to knowWaiting for a rebound. New York City Mayor Bill de Blasio on Thursday declared the city would fully reopen by July 1. But a Big Apple rebirth will depend, in part, on the subway. Daily ridership is a fraction of pre-Covid levels even as more people get vaccinated, suggesting safety concerns and hesitancy to return to the office still prevail among straphangers. So, New Yorkers, what's keeping you from swiping your MetroCard again? Tell us here.  Our favorites of the weekWe launched a 24/7 streaming network to reinvent news with live global coverage and original shows on business, tech, politics and culture. Make sense of the biggest stories changing your business and your world. Stream now for free. |
Post a Comment