The Daily Populous

Thursday March 26th, 2020 evening edition

image for Breaking: US Initial Jobless Claims skyrocket to 3,283,000

"During the week ending March 21, the increase in initial claims are due to the impacts of the COVID-19 virus," noted the DOL in its press release.

Further details of the report showed that Continuing Jobless Claims for the week ending March 14 rose to its highest level since April 14, 2018, at 1,803,000.

Wall Street opens decisively higher despite record Jobless Claims figures.

After closing the previous two days with strong gains, Wall Street's main indexes opened sharply higher on Thursday as investors seem to have shrugged off the huge leap in weekly Initial Jobless Claims reading.

US Jobless Claims: Off the charts – RBC Economics.

US jobless claims were off the charts at 3.28 million last week.

USD Jobless Claims: We are now using millions – BMO. »

WATCH: In Fiery Floor Speech, Sanders Rips GOP for Relentless Efforts to 'Punish' Poor People

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"Some of my Republican friends still have not given up on the need to punish the poor and working people.".

"Meanwhile, these very same folks had no problem a couple years ago voting for a trillion dollars in tax breaks for billionaires and large profitable corporations.

Some of my Republican friends still have not given up on the need to punish the poor and working people. »

Fleeing Nazis shaped Austrian politics for generations after World War II

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Regions in Austria that witnessed an influx of Nazis fleeing the Soviets after WWII are significantly more right-leaning than other parts of the country.

Beyond anecdotal evidence, however, researchers have not yet identified effects of migrating extremists on the spread of actual political beliefs.

US-liberated regions north of the Danube River were reassigned to the Soviets, while the southern bank remained under US control. »

Cannes festival venue opens doors to homeless instead of cinema figures

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The Palais des Festivals, the venue for the Cannes Film Festival, should be preparing to welcome the hottest names in cinema onto its red carpet.

Instead the festival's venue is opening its doors to the town's homeless who have nowhere to go during the coronavirus lockdown.

"We have between 50 and 70 people here every night," said Dominique Aude-Lasset, an official at Cannes Town Hall. »