U.S. economy deteriorating faster than anticipated as 80 million Americans are forced to stay at home Economics |
- U.S. economy deteriorating faster than anticipated as 80 million Americans are forced to stay at home
- Cramer worries that post-coronavirus US could have just three retailers: Amazon, Walmart, Costco
- Denmark’s Idea Could Help the World Avoid a Great Depression: “We are freezing the economy.”
- Goldman Sachs now says US GDP will shrink 24% next quarter amid the coronavirus pandemic - which would be 2.5 times bigger than any decline in history
- Coronavirus cases top 300,000 worldwide as US becomes one of worst hit countries
- U.S. market sell-off brings short sellers $344 billion profit
- In the United States, an average of 4,000 more people die annually for each 1% increase in unemployment. Unemployment caused by COVID may end up causing more deaths than COVID itself.
- At the current rate of Coronavirus spread, there will be 1 million infected outside of China by the end of March (in 9 days!). Source Worldometers.
- The Real Pandemic Danger Is Social Collapse
- Coronavirus credit crunch could make 2008 look like 'child's play'
- This Is Not a Recession. It’s an Ice Age. No one alive has experienced an economic plunge this sudden.
- Matt Stoller on the deal they’re fixing to screw us with in Congress right now
- 1,200 Airport Workers in N.Y.C. Area Abruptly Laid Off With No Severance: Amid the spreading pandemic, thousands of employees of businesses in the airports around New York City may have their benefits cut off.
- 23 million American jobs in immediate danger from the coronavirus crisis
- Much of global commerce has ground to a halt Some companies will never restart
- US airlines warn of 'draconian' steps if Congress fails to help
- The dollar is on a tear. Here's why that's troubling
- Businesses are sheltering in place. How long can the economy survive that?
- The Post-Virus Economic Recovery Could Be a Green One
- Thanks to Sanctions, Russia Is Cushioned From Virus’s Economic Shocks
- The Case for Targeted Pandemic Payments: How to Fight a Pandemic and Global Recession at the Same Time
- Airbnb Racks Up Hundreds Of Millions In Losses Due To Coronavirus
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