Economy

Economy
Jamie Dimon: Pandemic Is ‘Wake-Up Call’ For Inclusive Recovery
May 19, 2020

Jamie Dimon, CEO of JPMorgan Chase, said in a memo that the coronavirus pandemic has revealed weaknesses that require a bipartisan approach to correction. The note came out ahead of the shareholder meeting that was held remotely on Tuesday (May 19). Get the Full Story Complete the...

Economy
Coronavirus Refunds: Air France-KLM Lets Travelers Get Reimbursements
May 18, 2020

As the coronavirus pandemic continues to disrupt everyday life the world over, many consumers want refunds on things they paid for but aren’t able to use. Airlines are offering refunds or vouchers for future travel. Get the Full Story Complete the form to unlock this...

Economy
Moderna’s Coronavirus Vaccine Trial Could Offer Light At The End Of The Tunnel
May 18, 2020

A COVID-19 vaccine being developed by the Cambridge, Massachusetts firm Moderna is showing early signs of promise, with an early-stage human trial showing some compelling results. This much-awaited bit of good news in the fight against the novel coronavirus sent shivers of anticipation through the stock market,...

Economy
IRS Stimulus Check Round 2, Will It Happen?
May 18, 2020

After a slightly rocky rollout, complaints that funds took a long time to arrive and that a few dead people got payouts they can’t really use, the first round of $1,200 stimulus funds has largely been delivered. Americans have been expending the money on things like rent, groceries, bills and...

Economy
Mark Cuban Calls For Stimulus Cash, COVID-19 Jobs Program
May 18, 2020

In a series of tweets, entrepreneur Mark Cuban has called for a sea change in federal government policies to address the COVID-19 pandemic, on both the medical and economic fronts. He said the federal Paycheck Protection Program (PPP) has fallen short because “no amount of...

Economy
Why Consumers Are Embracing Digital Life — And Why 23 Pct Will Leave Offline Behind
May 18, 2020

Wholesale change — the type that leads to seismic shifts, upending daily life across the way we travel, eat, live, work — always comes when a tipping point is reached, when the “old” way of doing things no longer makes sense, or is no longer...

Economy
NEW DATA: Examining The Pandemic’s $158 Billion Digital Shift
May 18, 2020

The COVID-19 pandemic has upended millions of consumers’ lives, be it through health complications, job loss, stay-at-home orders or a more general anxiety about what the future holds as consumers across the United States share in the experience of being stuck at home. Get the...

Economy
Fed’s Powell: US Economic Recovery Could Take To End Of 2021
May 17, 2020

Federal Reserve Chairman Jerome Powell, speaking on “60 Minutes,” said an economic recovery could take as long as another year and a half, but he said he believes the economy could begin recovering as early as the second half of this year. Get the Full...

Economy
MLB: Baseball With No Fans Could Mean $640,000 Per Game Loss
May 17, 2020

The New York Yankees are looking at a shortfall of $312 million if this year’s Major League Baseball (MLB) season ends up going forward with no fans in the stadium. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...