4.29.20 Unemployment compensation is still not going well; New consumer spending data; Where to cash your stimulus check; CVS & Walgreens testing stations

The Clark Howard Podcast

Clark Howard

Entrepreneurship, Business, Investing

4.6 • 5.2K Ratings

🗓️ 29 April 2020

⏱️ 41 minutes

🔗️ Recording | iTunes | RSS

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Summary

Florida is doing a terrible job getting unemployment payments to citizens who have applied. California is having a tough time funds to independent contractors, gig workers, and the self employed who are eligible. Consumer spending has fallen off a cliff. Clark talks about some of the numbers that are coming in and where the American economy stands right now. Walmart and Paypal are two of the best places to cash your physical stimulus check in order to avoid exorbitant fees. CVS & Walgreens are ramping up free Covid testing outside stores. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	It's wonderful to have you here on the Clark Howard Show where it's all about you and that
0:10.9	wallet of yours.
0:12.5	Right now we're all about helping you hold on to every dollar you have.
0:18.5	We've had questions from people about every type of event that you may have paid for that
0:26.4	now isn't happening and you haven't been able to get money back in a lot of cases.
0:31.4	What's happened is that is the focus moves from one type of organization to another, you
0:37.4	know, ticket master getting pounded and now finally agreeing to make refunds for events
0:44.1	that aren't taking place.
0:46.3	Now the attention turned to baseball.
0:49.7	That is supposed to be in the throes of completing its first month of the season without a game
0:57.1	and site.
0:58.6	And now the likeliest outcome is Major League Baseball in the United States will follow what's
1:05.4	going on in Asia, which is playing games and empty stadiums as TV events.
1:12.4	Major League Baseball has now put out communication to the, I think there are 30 Major League teams
1:19.9	on the procedures for making refunds because baseball fans have desperately been trying
1:25.7	to get refunds.
1:26.7	Think about if you're unemployed and you paid all that money for a season ticket, that
1:32.1	money would come in very handy and you'll start hearing over the next probably three to
1:38.0	five days procedures from each Major League team, how you'll be able to get a refund.
1:46.6	And so as to whether they're going to refund part of the season or do it in one month
1:53.2	chunks is each month doesn't happen.
1:56.8	That's unknown at this time.
	...

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