Business leaders say the Swedish government’s approach is more sensible than many other countries. Some British banks are suspending dividends. A Scottish distillery has switched to making hand sanitizer.
Emergency COVID-19 money should materialize in bank accounts within three weeks. What business activity in China is looking like. Unemployment forecasts. International students deal with campus shutdowns.
Given the virus, Macy’s is now furloughing most of its 125,000 employees. Amazon has fired the employee who organized a walk-out on Monday. Food pantries struggle with staffing and logistics.
While new data suggests China’s economy is rebounding, the rest of Asia faces “economic pain.” India mulls direct cash transfers to help migrant workers. Worries over COVID-19 are boosting local fish sales in Kenya.
Oil prices hit an 18-year low. Workers at an Amazon warehouse in Staten Island are planning a strike for Monday. How this “cancellation economy” is affecting places like the Coachella Valley in California.
The COVID-19 relief bill signed into law last week sets aside more than $350 billion for loans to small businesses. How are convenience stores faring? Egg and orange juice prices soar.
With hospital parking lots busier due to COVID-19, what can health workers do? Global governments add more stimulus. Developing countries need increased health spending to tackle the pandemic.
The Dow has been up big the last couple of days, but history shows us there are occasional bull moments in bear markets. Some automakers are hoping to re-open factories in April. Does increasing unemployment compensation incentivize not working?
The House is scheduled to vote today on a third coronavirus relief package. An update on consumer confidence during COVID-19. Concerns about utilities like electricity or water being shut off in parts of the country.
Living paycheck to paycheck is common in countries like Kenya. Migrant workers in India struggle to access financial aid. A Portuguese cafe in east London is lending a hand with a hot meal for those in need.
