Alex Schroeder

Latest Stories from Alex (14)

COVID-19

Americans can now tap 401(k)s without penalty. Here's how it works.

People affected by the crisis can access of up to $100,000 of their retirement savings without the usual 10% penalty.
For those lucky enough to have retirement savings, this could be a crucial lifeline during the COVID-19 pandemic.
Pixabay
COVID-19

Startups always face bankruptcy risk. COVID-19 has made things worse.

"Small companies and a lot of us are getting a lesson in, 'Risk is real,'" one business professor says.
Startups don't have the cash flow or credit lines to deal with crises like big companies do.
Alex Wong/Getty Images
COVID-19

Why small business loans for COVID-19 relief may be delayed

The federal government's guidelines for banks only went out Thursday night — hours before the program was supposed to start.
Can banks really start writing emergency loans to small businesses today as expected?
Christian Petersen/Getty Images
COVID-19

Boeing used to give more money to shareholders than it made. Now it's getting stimulus help.

Washington Post columnist Allan Sloan says Boeing hasn't just parceled out profit to shareholders. The company "sent it out with a fire hose."
Scott Olson/Getty Images
COVID-19

What you need to do to get your COVID-19 stimulus check

If you got a tax refund or paid the IRS by paper check last year, you'll need to get your bank details in to the agency.
If the IRS has your direct deposit details, you don’t need to do anything.
Spencer Platt/Getty Images
COVID-19

How national and state parks are handling COVID-19 closures

Mar 30, 2020
Hundreds of parks have closed to fight the spread of the novel coronavirus. But many remain open, and some are even waiving entrance fees.
A closed sign is posted in front of a parking lot at China Camp State Park on March 25, 2020 in San Rafael, Calif. Gov. Gavin Newsom ordered all parking lots at state parks and beaches to be closed in an effort to discourage people from visiting.
Justin Sullivan/Getty Images
COVID-19

Demanding better COVID-19 protections, workers nationwide plan walkouts

Amazon, Instacart and Whole Foods face backlash from workers concerned about safe working conditions.
Instacart employee Monica Ortega holds bags of groceries she picked up from a supermarket for delivery to a customer on March 19, 2020.
Frederic J. Brown/AFP via Getty Images
COVID-19

Stop utility shut-offs during COVID-19 crisis, NAACP Legal Defense Fund president says

"We would love to have a nationwide moratorium on all utility shut-offs, but every day, turn-offs are happening," Sherrilyn Ifill says.
Some states have worked to stop utility shut-offs, including Maryland, Kansas and Kentucky.
Martin Bernetti/AFP via Getty Images
Econ Extra Credit with David Brancaccio

A way to save both lives and the economy during the COVID-19 pandemic

Nobel laureate and NYU professor Paul Romer says there's a path forward that limits the spread of the virus while letting most people get back to work over time.
"If we spent $100 billion right now, on protective gear and testing, we wouldn't be faced with a choice of let hundreds of thousands of people die or kill the economy," Nobel Prize-winner Paul Romer says.
Scott Olson/Getty Images
COVID-19

The U.S. is relaxing rules for medical professionals working across state lines

Both the states and federal government are lowering the barriers to physicians and nurses practicing in other states.
Karen Ducey/Getty Images

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As COVID-19 reshapes our economy, our newsletter will help you unpack the news from the day.