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Weekly News Digest

US Banks Look Better than Fed Stress Tests SuggestAlliance Bernstein. The Fed’s recent stress tests triggered sharp declines in US bank stocks amid concern over new capital buffer requirements. But bank fundamentals haven’t changed much, and earnings may be more resilient than expected in the face of a terrible economy.

 How Remote Work Divides America - ReutersWith government benefits set to expire at the end of July, new studies show that workers who were struggling financially before the pandemic face returning to jobs that require close personal contact.

 How Pandemics Wreak Havoc--And Open Minds - The New Yorker.  The plague marked the end of the Middle Ages and the start of a great cultural renewal. Could the coronavirus, for all its destruction, offer a similar opportunity for radical change?

The Bizarre Stories of Everyday Life Within the NBA Bubble - Slate.  "The NBA has now built a bubble in the middle of Walt Disney World, where 22 NBA teams are set to resume their 2020 season next week. Before they can do that, anyone and everyone who is associated with the league has been locked down in a kind of luxury quarantine."

MLB's Newest Ballpark Is A Shift Away From Retro-Era Stadiums - FiveThirtyEight.  "The newest park in baseball will offer a number of firsts. It will pull fans closer to the action. But it will also keep them further from nearby city centers, again departing from a key tenet of the retro era. For better or worse, this might be the beginning of a new era, a new standard, of ballparks."

R.I.P. Cable TV: Why Hollywood Is Slowly Killing Its Biggest Moneymaker – Variety. As subscribers and viewers flee, media companies that once relied on cable TV are chasing streaming dollars instead.

Google Maps Hacks (a little something funny) - 99 secondhand smartphones are transported in a handcart to generate virtual traffic jam in Google Maps.