Worst economy in a decade. What’s next? ‘Worst in our lifetime.’ (NYT)
U.S. gross domestic product declined in the first quarter, dragged down by the pandemic’s grip in March. Don’t even ask about...
Backlash grows as pandemic relief stumbles (Politico)
And lawmakers are getting anxious as problems crop up in the recovery effort.
Congress’ mad dash to...
CUNY’s Stone Center on pandemic’s impact on inequality
In a medical sense, Covid-19, as highly contagious as it is, can be thought of as the great leveler. No one has...
Coronavirus crisis hastens the collapse of local newspapers. Here’s why it matters (LA Times)
Jeff vonKaenel has weathered wildfires, recessions and getting sued by a mayor in his nearly 50 years running weekly newspapers.
Exclusive: A new Senate plan would guarantee paychecks for workers who are furloughed or...
The proposal would cover part of companies’ payroll costs.
Support for a once-radical idea — the government...
The Trump Administration is writing a death sentence for America’s most important restaurants (Esquire)
The CARES act bails out homogeneous chains but ignores the local restaurants that have transformed every region of this country.
With 11 million jobs on the line, 80% of restaurants not certain they can...
Armed with new data showing that restaurants and bars accounted for 60 percent of the U.S. jobs lost in March, representatives of...
Small biz owners have no hope Washington will help them (Daily Beast)
Thursday was a one-two punch in the gut for the economy.
Just hours after the U.S. Department of Labor...
Small-business rescue shows not all states are created equal (Bloomberg)
During the first 13 days of the federal government’s small-business rescue program, the spigot was wide open in Nebraska. Firms there got enough money...
China’s economy shrinks, ending a nearly half-century of growth (NYT)
The contraction comes at a time when the rest of the world needs an economic boost, underscoring how momentous the task...
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