Economy

Economy
Vaccine Distribution Issues Put Economic Recovery Hopes On Hold
December 30, 2020

As anyone who has ever been through a long and agonizing wait knows, the longest part of any waiting period is always the end. With two COVID-19 vaccines approved and in circulation — and another on the way — there’s light at the end of the tunnel....

Economy
Report: ‘K-Shaped’ Recovery Divides Corporates, SMBs
December 29, 2020

The biggest brands in the U.S. — think Amazon, Starbucks, McDonald’s and Walmart — are expected to get even bigger post-pandemic, while small- to medium-sized businesses (SMBs) fight for survival, the Financial Times (FT) reported Tuesday (Dec. 29). Get the Full Story Complete the form...

Economy
COVID-19 Vaccine Distribution Will Miss Year-End Targets
December 29, 2020

About two million people have received their first COVID-19 vaccine, which is far from the goal of vaccinating 20 million people by the end of the year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Economy
Spain To Register Citizens Who Reject COVID Vaccine
December 29, 2020

With COVID-19 vaccine campaigns underway in many countries, the question of what to do about people who refuse to participate is coming to the fore. Scientists say that to stop the spread of the coronavirus in the U.S., most people would have to be immune...

Economy
No Lapses Seen For Unemployment Benefits, Despite Congressional Delays
December 29, 2020

The U.S. Department of Labor (DOL) said it doesn’t anticipate any lapses in unemployment benefits, despite repeated delays by Congress in passing COVID-19 economic relief legislation that would extend such payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Economy
US House OKs $2,000 Stimulus Checks, Sends Bill To Senate
December 28, 2020

The U.S. House of Representatives voted Monday (Dec. 28) to pass legislation raising individual stimulus check payments to $2,000 instead of $600, CNBC reported, in line with a call from President Donald Trump last week. Get the Full Story Complete the form to unlock this...

Economy
Advisor: Biden Will Invoke Defense Production Act For Vaccine Production
December 28, 2020

The incoming administration of President-elect Joe Biden will likely look into boosting vaccine production by invoking the Defense Production Act, according to a member of his team, Axios reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Economy
FinCEN Issues Warning About COVID-19 Vaccine Scams, Cyberattacks
December 28, 2020

As the distribution of the COVID-19 vaccine continues to roll out to medical workers and high-risk populations, the Financial Crimes Enforcement Network (FinCEN) is asking financial institutions to be extra vigilant when it comes to cybersecurity.  Get the Full Story Complete the form to unlock...

Economy
Will The New Round Of Stimulus And PPP Loans Save SMBs?
December 28, 2020

After months of waiting and another week of speculation that President Donald Trump might veto the bill, the new $900 billion round of stimulus has been approved by Congress and signed into law by the president. Get the Full Story Complete the form to unlock...