Personal Finance Daily: Not all COVID small-business stories end badly and wealthier parents are more likely to send their kids back to physical classrooms

This post was originally published on this site

Stay safe, MarketWatchers, and don’t miss these top stories:

Personal Finance
Reports of COVID cases are growing on college campuses as schools bring students back for in-person classes

The University of North Carolina moved classes online after reporting multiple clusters of coronavirus cases. Colleges across the country that have brought students back to campus are reporting dozens of positive cases of COVID-19.

‘It’s a huge decision’: Judge hands a win to businesses demanding insurance coverage for lost income due to coronavirus

At least 1,000 lawsuits related to insurance coverage have been filed during the outbreak, according to one count.

Here’s one depressing thing COVID-19 and the 1918 Spanish flu have in common

A new working paper looks at the effects of the 1918 influenza and COVID-19 pandemics on mortality and the economy, plus the role of non-pharmaceutical interventions.

Wealthier parents are more likely to send their kids back to physical classrooms — here’s why

The parents most likely to keep their kids home made less than $50,000 a year, according to a new survey.

Not all COVID small-business stories end badly — sales sprouted at this very vertical Chicago mushroom grower

Business has bloomed beyond the typical restaurant buyers for Guy Furman, who runs the once almost exclusively wholesale Windy City Mushroom in Chicago. The mushroom “factory’s” survival — expansion, even — was the result of evolving consumer palates, home delivery and a push to buy local during food shortages.

Republicans and Democrats are split over whether estate and income taxes are ‘unfair’

‘Fairness truly is in the eye of the beholder,’ according to a new study.

Does sunshine kill coronavirus? Will antibiotics help? These are the most widely shared misconceptions about COVID-19

Six months into the coronavirus pandemic, some people are on edge, while others are just plain confused.

‘We’re all in this together’: Dr. Fauci outlines how the U.S. can learn from other countries in the battle against COVID-19

The infectious-disease expert said, ‘To think that you can ignore the biologic and get the economy back, it’s not going to happen. You have got to do both.’

The COVID-19 recession will widen the gender pay gap — but there might be a silver lining

While normal recessions close the gender wage gap by 2 percentage points, a pandemic recession widens the gap by 5 percentage points, new research suggests.

Elsewhere on MarketWatch
House Democrats add $25 billion in support for Post Office to their stand-alone bill

At first, House Democrats said they would only vote to block policy changes at the Post Office favored by the White House. But the final plans announced Monday added the $25 billion in funding.

Here’s how to watch the Democratic convention — plus who’s speaking, and when

Beginning Monday on a computer screen or TV set near you: the 2020 Democratic National Convention.

If history repeats, the stock market will hit a new high by the end of August

The S&P 500 made two failed attempts last week to take out its record close for February, causing some investors to worry the rally is running out of steam. History, on the other hand, suggests — but doesn’t guarantee — that a new high is likely by the end of the month, says CFRA’s Sam Stovall.