Economy

As All 50 States Start Reopening, Questions on Virus Tracking Data Fuel Concerns
State News
As All 50 States Start Reopening, Questions on Virus Tracking Data Fuel Concerns

Florida Gov. Ron DeSantis is defending his administration’s reporting of coronavirus data, after a state Department of Health manager said she was fired for refusing to manipulate COVID-19 tracking data as officials moved to reopen the state. Rebekah Jones, who... Read More

House to Vote on Stand-Alone Small-Business Loan Program Fixes
Congress
House to Vote on Stand-Alone Small-Business Loan Program Fixes

WASHINGTON — The House will vote next week on legislation changing terms of the Paycheck Protection Program that have served as obstacles to some small businesses seeking relief under the forgivable loan program. “We saw a quick fix on how... Read More

Vermont Governor Proposes $400 Million Coronavirus Aid Package
State News
Vermont Governor Proposes $400 Million Coronavirus Aid Package
2020-05-20 21:19:39
by Gaspard Le Dem

Vermont’s Republican Gov. Phil Scott announced a $400 million coronavirus relief package on Wednesday that taps into some of the $1.25 billion in funding the state received through the federal Coronavirus Aid, Relief and Economic Security Act. In March, Congress... Read More

Surging Unemployment In Travel Sector Likely to Make for Memorial Day Like No Other
Economy
Surging Unemployment In Travel Sector Likely to Make for Memorial Day Like No Other
2020-05-20 17:18:38
by Dan McCue

WASHINGTON - Unemployment among the nation's travel sector workers has reached 51% heading into the Memorial Day weekend, as Americans continue to refrain from resuming their normal lives in the face of the slowly easing coronavirus pandemic, according to data... Read More

How Trump’s Tax Cuts and Tariffs Will Make Coronavirus Recession Worse
In The News
How Trump’s Tax Cuts and Tariffs Will Make Coronavirus Recession Worse

WASHINGTON — President Donald Trump’s pre-pandemic economic blueprint of massive tax cuts and global trade wars not only failed to deliver the promised spike in growth and domestic investment, it also now appears to have left the U.S. more vulnerable... Read More

Groundbreaking Survey Series Asks, 'What Will It Take to Return to Normalcy?'
In The News
Groundbreaking Survey Series Asks, 'What Will It Take to Return to Normalcy?'
2020-05-19 21:09:31
by Dan McCue

WASHINGTON - Would you be willing to take a cruise right now? How about attending a live sporting event? Or staying in a hotel? Perhaps flying? A new survey of the travel and leisure attitudes of Americans found that more... Read More

The Coronavirus Is Taking A Toll On The Renewable Energy Sector
Energy
The Coronavirus Is Taking A Toll On The Renewable Energy Sector
2020-05-19 20:21:22
by Gaspard Le Dem

The natural world has gotten a boost from the coronavirus pandemic.  With fewer cars on the roads and planes in the sky, the world has benefited from clearer skies and an unprecedented decline in carbon emissions.  Daily CO2 emissions decreased... Read More

Number of Female CEOs in the Fortune 500 Hits All-Time Record
Business
Number of Female CEOs in the Fortune 500 Hits All-Time Record
2020-05-19 20:08:44
by Dan McCue

The number of women running America's largest corporations has reached a record high with 37 of the companies on this year's Fortune 500 being led by female CEOs, Fortune magazine announced on Monday. The Fortune 500, which ranks America's largest... Read More

Little of the $500 Billion in Relief Fund for Businesses Has Been Spent
Economy
Little of the $500 Billion in Relief Fund for Businesses Has Been Spent

WASHINGTON — The Treasury Department has disbursed less than 8% — just $37.5 billion of $500 billion — of the emergency funds that Congress approved two months ago for loans and loan guarantees to help stabilize the economy, according to... Read More

Bipartisan, Bicameral Legislation Promises New Aid to State, Local Governments
Congress
Bipartisan, Bicameral Legislation Promises New Aid to State, Local Governments
2020-05-19 14:03:45
by Dan McCue

WASHINGTON - A bipartisan, bicameral effort is underway to provide hundreds of billions in funding to state and local governments reeling from the budgetary hit they've taken due to the coronavirus outbreak. The House bill introduced Monday by Reps. Josh... Read More

Powell Warns US Recovery Could Stretch Through End of 2021
Economy
Powell Warns US Recovery Could Stretch Through End of 2021

The U.S. economy will recover from the coronavirus pandemic, but the process could stretch through until the end of next year and depend on the delivery of a vaccine, said Federal Reserve Chairman Jerome Powell. “Assuming there’s not a second... Read More

CDC Posts Advice on Reopening After Earlier Version Was Held Back
Economy
CDC Posts Advice on Reopening After Earlier Version Was Held Back

WASHINGTON — New guidance from the U.S. Centers for Disease Control and Prevention advising states on how to reopen bars, restaurants and workplaces was posted by the agency on Thursday. The guidance outlines a series of steps that should be... Read More

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