Tag: recession

Economists Warn U.S. GDP Won’t Recover To Pre-Pandemic Levels Until 2022

TOPLINE The United States remains stuck in a recession and it will likely take years for economic growth to return to pre-coronavirus pandemic levels,...

The Coronavirus Accelerates Online’s Destruction Of Brick & Mortar Shopping

60% of respondents to a recent survey report buying household items like toilet paper online instead ... of...

Will New York City Survive The Covid Pandemic And Recession?

NEW YORK, NEW YORK - MAY 12: A view of The Shops at Hudson Yards amid the coronavirus...

The U.K. Is Officially In Recession After Suffering The Deepest Slump In Europe

TOPLINE The severe economic toll of the coronavirus crisis in the U.K. is starting to emerge as closure of shops, restaurants, hotels, and schools—ordered...

Stocks Are Rallying Too Much On Vaccine News, Says This Market Expert

TOPLINE While reports of positive data from potential coronavirus treatments have helped propel the market higher in recent months, investors are far too optimistic...

Dow Plunges 500 Points As U.S. Hits Record Number Of New Coronavirus Cases

TOPLINE The market opened lower on Friday, with stocks taking a hit from the Federal Reserve’s latest bank stress-test results and a new record...

Is Square In The Wrong For Withholding Thousands Of Dollars From Their Clients?

I don't have to tell you why 2020 has been a tough year for independent business owners. We're still in the middle of a...

Additional $600 In Unemployment Benefits Needed To Help Economy

Without additional unemployment insurance and other government aid, the labor market and job creation are too weak for economic recovery. But Congress has not...

Dow Falls 300 Points As U.S. Hits Record Number Of Daily New Coronavirus Cases

TOPLINE The market opened lower on Friday, with stocks taking a hit from the Federal Reserve’s latest bank stress test results and a new...

Federal Reserve Places New Restrictions On Banks, Freezing Stock Buybacks And Limiting Payouts

TOPLINE The Federal Reserve on Thursday placed new restrictions on the banking industry for the first time since the aftermath of the 2008 financial...

How COVID-19 Has Impacted Spending Levels In The U.S. [Infographic]

Dr. Anthony Fauci has warned of a "disturbing surge" in U.S. coronavirus cases as seven states reported a record increase in infections as well...

2 Ways How Coronavirus Has Severely Impacted Medical Education

For the past few months, the world has been in lockdown. With the intention of mitigating as much exposure to Covid-19 as possible, nearly...

U.S. And Worldwide Advertising Revenue Projected For 2020 And 2021

Advertising revenues projected down in 2020. Getty New estimates as to the impact of the...

Stocks End Worst Week Since March Despite Dow Rallying Almost 500 Points

TOPLINE The stock market rebounded slightly on Friday, attempting to recoup some of its losses from a day earlier when fears over a resurgence...

Stocks On Track For Worst Week Since March

TOPLINE The stock market continued to fall on Friday, after a failed attempt to recoup some of its losses from a day earlier when...

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