Retail sales fell dramatically in March, slightly more than the pessimistic forecasts of economists. How to gradually lift stay-at-home orders and phase in economic activity. Do we pay enough to workers at the frontlines of this pandemic? Airlines reach a bailout deal.
When you turn off large parts of the economy, cities and states aren’t collecting as much in taxes. New numbers on homebuilders’ confidence — or pessimism. Even before the pandemic, online therapy and therapy apps were booming.
The G-20 decides whether to suspend debt payments for the poorest economies. Spain slowly emerges from lockdown. And one top chef swaps the banquet hall for the school lunch hall.
The market is clearly pricing in a recession. More Americans are putting their mortgage payments on hold. The latest on business interruption insurance. NBCUniversal is set to launch its Peacock streaming service.
The season for corporations to report their January to March results is upon us, and many will contain educated guesses about how the COVID-19 Economy will play out. Inside the confusion over the $350 billion in loans for smaller businesses.
Italy, Spain and Austria start to go back to work while France extends its lockdown until 11 May. India is forecast to see no economic growth this year, as it extends its lockdown. India’s call center sector faces job losses.
A whole lot of “meh” from the markets when it comes to price changes for oil. Online grocery delivery companies are having trouble keeping up with demand. Britain’s textile industry gets an unexpected boost from COVID-19.
The IRS says it has started distributing emergency aid payments. Public health advocates call for limits or bans on the sale of tobacco products during COVID-19. Some are buying firearms for the first time right now.
Countries in Europe start to relax COVID-19 restrictions to revive economies. Are oil production curbs enough to tackle price slumps? Entertainers make ends meet by working in local grocery stores.
Innovation from the likes of Amazon and WeWork to make the COVID-19 workplace function. Wholesale food businesses turn to door-to-door delivery. Where does the Federal Reserve find $2.3 trillion?
