(Reuters) – While the U.S. economy has seen improvement in areas that benefit from low interest rates, such as housing, there are areas that will take longer to rebound and that will depend on the coronavirus, Cleveland Federal Reserve Bank President Loretta Mester said Monday.

For example, some people are able to work at home and there has been an increase in auto sales. But industries in the service sector, including restaurants, small businesses and others that require face-to-face interaction, are lagging, Mester said.

“It’s almost like a tale of two cities,” Mester said while answering questions during a webinar organized by the African American Chamber of Commerce of Western Pennsylvania. “You have a lot of the economy now where activity is picking up, but you have a great part of the economy – travel, leisure and hospitality – where you’re not seeing a pickup. I think that’s going to

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DeSoto BMX is more than just a park where kids go to learn about the ins and outs of the bicycle motocross — it also serves as refuge and a place where life lessons are taught.

Owner Christopher Allen inherited the park, which has been a staple in the community for 20 years, five years ago.

“When we invite people in, we want them to feel and see the history — the 20-year-old paint on the wall,” Allen said. “We just don’t want to take away from the nostalgia and history that resides here.”

BMX parks are plentiful across the country, but this one is unique because of one distinguishing quality: a roof. This allows races to be held no matter the weather.

In its history, the park has even produced an Olympian, Kyle Bennett.

BMX rider Jacoby Irvin puts is caught mid action putting on a show during a demo at DeSoto BMX.
BMX rider Jacoby Irvin puts is caught mid action putting on a show during a
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  • The S&P 500 and Nasdaq’s new record highs show how divorced the stock market is from the economy, Jim Cramer said on Tuesday.
  • “The S&P’s new highs are a tale told by an idiot,” the “Mad Money” host said during his show.
  • Cramer dismissed the idea that the market recovery reflects a V-shaped economic recovery, as the Dow Jones Industrial Average would have rebounded too in that case.
  • “The winners in this market are the companies that are most divorced from the underlying economy,” Cramer said.
  • Visit Business Insider’s homepage for more stories.

The S&P 500 and Nasdaq’s record closes on Tuesday highlight the stark disconnect between the stock market and the economy, according to Jim Cramer.

“The S&P’s new highs are a tale told by an idiot,” the host of “Mad Money” on CNBC said during his show on Tuesday.

“Full of sound and fury, signifying nothing about

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