The coronavirus of 2020 and the Spanish flu pandemic of 1918 have many differences and share many similarities, but they also combine at one point: their impact on the economy and employment, and in particular, how richer people had better opportunities to survive their respective pandemics. Both pandemics involve new, …
Read More »
These days, older workers and retirees are understandably worried that their retirement plans will be disrupted by the COVID-19 pandemic and the resulting economic downturn. There are concerns that pre-retirement and recent retirees may have about any economic downturn, and strategies designed to help them cope with multiple financial crises, …
Read More »
The Federal Emergency Management Agency, which oversees program funding, had approved 13 states to offer the additional unemployment benefits starting at noon ET on Friday. Those states are: Arizona, Colorado, Idaho, Iowa, Kentucky, Louisiana, Maryland, Michigan, Missouri, Montana, New Mexico, Oklahoma and Utah. Seven others – Alabama, Alaska, Arkansas, California, …
Read More »
Americans are in a hurry to buy a home right now. But should you be one of them? Sales of former homes in the U.S. rose 24.7 percent between June and July to an annual adjusted annual rate of $ 5.86 million, the National Association of Realtors reported Friday. Not …
Read More »
Even if the pandemic continues, many protections for eviction will come to an end. No-Mad | iStock | Getty Images President Donald Trump said earlier this month that he did not want people to be fired during the pandemic and that his executive action “will solve that problem for the …
Read More »