Tag: time

Dispatches From the Gender Gap: Work-From-Home Moms in the Time of Coronavirus

“Mommy…are you gonna go to yoga?” It was when her 11-year-old son asked her when she planned on leaving the house again, “after five treacherous days of sheltering in place with a husband and three kids,” that Roxana Orbegoso, a physician in Scottsdale, Arizona, knew the reality of the global pandemic had sunk in with her children. “‘Because, Mommy, you need to go to yoga,’ he says. And I was like, you think?”

While staying home to combat the spread of COVID-19 is something of a privilege, when so many Americans still have to go out to work, for many mothers now working from home, this has meant an increase in their responsibilities unequal to that of their husbands. In ordinary times, most working mothers who are married to men spend almost twice as much time on childcare and household chores; and the exigencies of the current crisis have not

Read More

Great time for long-term investors to put money into U.S.: Mnuchin

WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Monday that the U.S. economy would have a “rough quarter” due to the coronavirus, but the underlying fundamentals were sound and it was a great time for long-term investors to put money into the United States.

FILE PHOTO: U.S. Secretary of the Treasury Steven Mnuchin walks to a meeting during negotiations on a coronavirus disease (COVID-19) relief package on Capitol in Washington, U.S., March 24, 2020. REUTERS/Al Drago/File Photo

Mnuchin told Fox Business that small businesses would receive details on Monday on where and how to apply for some $350 billion in emergency virus-relief loans, and the Trump administration was ready to ask Congress for more funding if the current program did not suffice.

“I expect that with all of this liquidity we’re putting into the economy to get through the next couple of months, when we reopen, we’ll be

Read More