For subscribers: Stocks for a 'world after Covid,' according to Bank of America Check out CNBCPro for a free trial.
The bank identified five themes that will change the business world after the crisis, and picked stocks that were good bets to take advantage of the shifts.
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Americans without bank accounts must wait for federal checksAdvocates for the poor say the pandemic is an opportunity to get Americans without bank accounts into the traditional financial system. Millions of workers without direct deposit are having to wait for weeks to get their federal relief payments.
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Americans without bank accounts must wait for federal checksMillions of U.S. workers without traditional bank accounts must wait weeks for federal relief paper checks during the pandemic. They are disproportionately black and Hispanic and often have little choice but to use expensive check-cashing services.
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Bank Allows Her To Skip Mortgage, But She's 'Terrified' About A Balloon PaymentAfter Tracy lost her job, her biggest concern has been her mortgage. Her lender allowed her to defer her monthly payment — but she's worried about the fine print. She says she's 'pretty much terrified' about a balloon payment.
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Mark Cuban urges small businesses to ‘bank shop’ to secure PPP loansMark Cuban urges small businesses in need of a Paycheck Protection Program loan to 'bank shop' in order to secure financial aid. 'It doesn't matter if you apply at one bank, five banks, or twenty banks as long as you only take one loan.'
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Fmr. World Bank pres.: 'Public health departments have been starved'Fmr. World Bank President Jim Yong Kim: 'It shouldn't surprise us that public health departments throughout the US gave up so early, because they had no resources and they just couldn't even imagine that they would have the resources that they would need.'
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UK coronavirus death toll set to overtake Italy's with exit strategy still unknownAs of Sunday, the U.K. has seen 28,446 deaths as a result of Covid-19, closely behind Italy's 28,884 deaths, according to data from JHU.
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