Opinion | The Nightmare on Pennsylvania Avenue

Trump is the kind of boss who can’t do the job — and won’t go away. Opinion | The Nightmare on Pennsylvania Avenue – The New York Times Another quote from this opinion piece: Thanks to Republican inaction, millions of unemployed workers have seen their last checks from the Pandemic Unemployment Compensation program, which wasContinue reading “Opinion | The Nightmare on Pennsylvania Avenue”

GDP Down 9.5%; US Economy at Its Worst: Live Market Updates

Economic output fell at its fastest pace on record last spring as the coronavirus pandemic forced businesses across the United States to close their doors and kept millions of Americans shut in their homes for weeks. GDP Down 9.5%; US Economy at Its Worst: Live Market Updates – The New York Times

‘Less Optimistic’ and ‘More Cautious’: Top C.E.O.s Fret as Virus Cases Rise

Many of the nation’s business leaders are steeling themselves for a period of prolonged economic disruption and the prospect of a slow, halting recovery. ‘Less Optimistic’ and ‘More Cautious’: Top C.E.O.s Fret as Virus Cases Rise – The New York Times Read about what business leaders say about their plans for the future. “Most C.E.O.sContinue reading “‘Less Optimistic’ and ‘More Cautious’: Top C.E.O.s Fret as Virus Cases Rise”

I.M.F. Predicts Deeper Global Downturn Even as Economies Reopen

“World finance group expects a 4.9 percent contraction this year instead of its previously forecast 3 percent drop, underscoring the scale of the task facing policymakers.” I.M.F. Predicts Deeper Global Downturn Even as Economies Reopen – The New York Times

Coronavirus Live Updates: Stocks Dropping Sharply

“Known cases in Africa doubled in the last 18 days.” “Attendees (to Trump’s rally) cannot sue the campaign or the venue if the contract the virus in the event.” “1.5 million mew U.S. workers file for unemployment, and (yet) Congress is divided on extending aid.” Education Department is trying to keep foreign students from obtainingContinue reading “Coronavirus Live Updates: Stocks Dropping Sharply”