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COVID-19

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Make Me Smart | Episode 164

Start getting comfortable with the word "depression"

Apr 3, 2020
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Here’s what we know about the government’s small business loan program (so far)

by Janet Nguyen
Apr 3, 2020
About $349 billion, in the form of loans, has been set aside for small businesses.
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With unemployment rising, millions could fall behind on their mortgages

by Amy Scott
Apr 3, 2020
Homeowners with federally backed mortgages can pause their monthly bill for up to a year. But they may get hit with a balloon payment at the end.
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"Suppliers are sexy," but the real oil collapse story is demand

by Scott Tong
Apr 3, 2020
A historic plunge in demand during the global pandemic has pushed U.S. average gasoline prices to $1.91 a gallon.
There's a lack of demand for oil as people stay home during the COVID-19 pandemic. Above, a woman wearing gloves gases up her car in Los Angeles on March 18.
Chris Delmas/AFP via Getty Images
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Advertisers are trying to adapt to COVID-19

by Kristin Schwab
Apr 3, 2020
It starts with replacing old ads that seem cringeworthy under quarantine.
Advertisers are pivoting to ads that capture the moment with a quiet, contemplative tone that's focused on family.
Joe Klamar/AFP via Getty Images
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Funeral services in the age of COVID-19: "You have no idea what it's like"

by Jasmine Garsd
Apr 3, 2020
The things that can make funerals cathartic aren’t possible right now.
Due to a surge in deaths caused by the Coronavirus, hospitals are using refrigerator trucks as makeshift morgues. Above, medical workers remove a body from a refrigerator truck outside of the Brooklyn Hospital on March 31.
Stephanie Keith/Getty Images
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Jobs report shows even early March saw severe economic damage from COVID-19

by Mitchell Hartman
Apr 3, 2020
We're already seeing the biggest one-month rise in unemployment since 1975.
We’ll have to wait for the April report — in more than a month — to see the entire impact of the COVID-19 pandemic.
Apu Gomes/AFP via Getty Images
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U.S. economy loses 701,000 jobs, unemployment rises to 4.4%

by Janet Nguyen
Apr 3, 2020
Today's jobs report breaks a more than 9-year streak of job gains.
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Airlines hit by COVID-19 start applying for government aid

by Jack Stewart
Apr 3, 2020
The government is making $50 billion available in loans and grants.
United, Delta and American have parked almost their entire international fleets, and domestically will fly about 60% to 70% fewer flights than at this time in 2019.
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Why small business loans for COVID-19 relief may be delayed

by David Brancaccio , Nancy Marshall-Genzer and Alex Schroeder
Apr 3, 2020
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?
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