POLITICS: The US’s mind is on Iran. We’ll remind you: back in 2018, the US ditched the Iran nuclear deal. Cue controversy. Fast forward to yesterday, and Sec of State Mike Pompeo announced that the US wants to take action to prevent a weapons ban on Iran from expiring in a few months. Problem, since this ban is part of the Iran nuclear deal. And some European participants have kinda sorta pointed out that the US hasn’t been involved in the deal since it withdrew. Stay tuned. In other news, meet Rep Justin Amash. He’s the Michigan lawmaker who ditched the Republican party over Prez Trump. Now, it looks like he’s forming an exploratory committee for prez - and could be hoping to lead the Libertarian ticket.
ECONOMY: The week’s US unemployment claims are in - and they’re not any better than last week’s. As in another 3.8 million people filed for unemployment, bringing the total to about 30 million. We’ll repeat: 30 million people...lost their jobs...over the course of six weeks. Historic, BTW. This comes as the Federal Reserve has some not-so-good news about the future of the economy. Hint: the organization said the unemployment rate - which was previously at 3.5 percent - is expected to be in double digits next week. Plus that the economy is expected to shrink by as much as 30 percent this next quarter. Reassuring.
MONEY: All eyes are on ‘Pay for Play.’ Quick refresher: for forever, there’s been a debate over whether college athletes should be able to profit from their name, image, and likeness. The NCAA thinks so. See: last year, the organization nodded its head to letting athletes profit from their talents. Intro even more debating. Now, it looks like the NCAA’s nodding its head to a set of recommendations that’d let students make money from endorsement deals and other outside work - as long as their schools aren’t involved in the payments. Slam dunk. Meanwhile, Google’s intro’ing a new platform called Meet. Think: Zoom, but courtesy of Google - and completely free for anyone with a Gmail account. Zoomcopying.