WASHINGTON, July 20 (Reuters) – During a blue sky moment in 2018 near the end of a decade-long economic expansion, it was the United States that helped propel the world as extra money flowed from cuts in taxes and government spending. national and global markets. But if it was US …
Read More »When the United States sneezes, the world catches a cold. What happens when you have severe COVID-19?
WASHINGTON (Reuters) – During a blue sky moment in 2018 near the end of a decade-long economic expansion, it was the United States that helped propel the world as additional cash from tax cuts and spending by the government flowed through national funds and global markets FILE PHOTO: A 3D …
Read More »Waves of viruses. Plateau working hours. America may be flattening the wrong curve
(Reuters) – The United States’ economic recovery showed signs of stagnation last week when the country struggled against rising coronavirus cases and an increasingly fractured government response, according to data from a broad set of industry sources and government. FILE PHOTO: A waitress takes customers’ temperatures when they come to …
Read More »Study Shows Americans Who Receive COVID-19 Unemployment Benefits Spend More Than They Work
FILE PHOTO: People line up outside the Kentucky Career Center before it opens to find help with their unemployment claims in Frankfort, Kentucky, USA, June 18, 2020. REUTERS / Bryan Woolston (Reuters) – Americans who received higher unemployment benefits due to the coronavirus pandemic spent more than when they worked, …
Read More »US Paycheck Protection Reached Some of Its Brands, But Lost the Most Vulnerable
(Reuters) – The Paycheck Protection Program appears to have thrown a critical safety net under the US mid- and upper-middle-income jobs, but faltered when it comes to lower-paid jobs and industries hardest hit by the coronavirus pandemic, according to a Reuters analysis of the loan details. FILE PHOTO: People visit …
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