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According to Business Insider, research shows that Americans who work for themselves report high levels of happiness and satisfaction. And considering the US now has a higher rate of unemployment than during the Great Depression, perhaps it's time to think about creating your own job. If you're thinking about starting your own business, the first thing to do is to get started. Think about what you want to do or sell, and if there's a market for it.
Kanye West said he intended to run for president of the United States. West announced his presidential ambitions on Twitter on Saturday. "We must now realize the promise of America by trusting God, unifying our vision and building our future. I am running for president of the United States!" Business Insider reports that West received a range of reactions. The deadline to file as an independent presidential candidate has passed in six states. Seven other states have deadlines fast approaching.
As many as 20 major EU banks are set to announce details for a new payments initiative in the very near future. This announcement came from Electronic Payments International. Business Insider reports the system is referred to as the Pan European Payment System Initiative (PEPSI). It will process card payments in addition to making fund transfers and mobile payments without using Mastercard's or Visa's network.
Economist Christophe Barraud has been ranked Bloomberg's most accurate forecaster of US economic data eight years in a row. And according to Business Insider, he's made a fairly gloomy prognostication about the US economy. Barraud predicts the US won't return to its fourth-quarter 2019 GDP of 2.1% until at least 2022. European countries aren't likely to bounce back until 2023.
A new strain of the novel coronavirus is rapidly spreading from Europe to the US. According to Business Insider, a new study says the virus is more infectious than its predecessor but is not making people any sicker than before. According to Business Insider, researchers call the new strain G614 and the previous strain D614. One researcher says the new mutation is "now the dominant form infecting people." The US has reported a total of 2,795,437 cases of the disease.