Economy

Economy
Many Jobless Still Waiting For Unemployment Checks
June 02, 2020

Even as the federal government has paid out unemployment cash at an unprecedented level over the last three months, an estimated one-third of those laid off due to the pandemic’s economic meltdown have not gotten checks. Get the Full Story Complete the form to unlock...

Economy
The Drive-In Dance Club And The Future Of Social Gatherings
June 02, 2020

There are some experiences that seem impossible in light of the social distancing rules emerging in the post-lockdown period. Yes, you can modify dining out and going to the movies, but it would seem that crowded concerts and dance clubs are likely out of the question until a...

Economy
OCC: Lockdowns Could Challenge Stability Of Banking System
June 02, 2020

Brian P. Brooks, Acting Comptroller of the Currency, said in a series of letters that some states’ long-term efforts to curb the coronavirus could lead to reduced real estate values and debt payments. Get the Full Story Complete the form to unlock this article and...

Economy
Coronavirus’ Economic Impact Could Last 10 Years, Cost $8 Trillion
June 01, 2020

The final financial toll of the coronavirus will likely be a reduction of $7.9 trillion to the U.S. gross domestic product (GDP) until 2030, the Congressional Budget Office said Monday (June 1), according to CNBC. Get the Full Story Complete the form to unlock this...

Economy
Is The Old-Fashioned Carhop About To Make A Comeback?
June 01, 2020

Carhops and drive-in restaurants are classic parts of the American dining experience immortalized by George Lucas’s 1973 debut film “American Graffiti,” although the carhop was already a dying institution by the film hit the silver screen. But with COVID-19 and social-distancing rules slamming sit-down restaurants,...

Economy
Problems With Stimulus Debit Cards Continue For Americans
June 01, 2020

Americans continue to face problems with accessing stimulus debit cards, with some people receiving cards they can’t use due to the wrong names being printed on them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Economy
US Manufacturing At 11-Year Low, But Bright Signs Emerge
June 01, 2020

The nation’s manufacturing sector fell to its lowest level in 11 years in May, but other indicators suggest the worst impacts of the COVID-19 pandemic could be over, according to new data from the Institute for Supply Management (ISM). Get the Full Story Complete the...

Economy
Coronavirus Refunds: Disney World Provides Reimbursement, Extension Options
June 01, 2020

As the pandemic continues to disrupt everyday life the world over, many consumers want refunds for things they paid for but aren’t able to use. Entertainment companies, in one case, are offering reimbursements for annual theme park passes. Get the Full Story Complete the form...

Economy
CFOs Downbeat As US Economy Begins COVID-19 Reopening
June 01, 2020

Among other efforts to stem the economic carnage, the U.S. government has passed a series of stimulus bills responding to the COVID-19 crisis, including the $2.2 trillion CARES Act, which included the Paycheck Protection Program, geared to small and medium-size businesses (SMBs). Get the Full...