Raising the minimum wage during the coronavirus pandemic is smart policy, according to the Economic Policy Institute. Corporate America is getting slammed by the coronavirus recession. More than 45 million people were cut from their employers’ payrolls over the past three months. Business groups have turned their focus to planned minimum wage increases, pressuring city […]
The National Bureau of Economic Research said Monday that the COVID-19 crisis has officially launched the U.S. economy into a recession, thus ending the longest economic expansion on record. The NBER’s business cycle dating committee calls recessions based on broad...
Thursday, May 21, 2020 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe It’s a long road ahead for the U.S. economy As of Wednesday, all 50 states had begun to loosen coronavirus-related restrictions in some form or...
Whither, limited government? Unprecedented U.S. policy stimulus to combat the effects of the coronavirus pandemic — and resulting lockdowns decimating jobs and growth — are ricocheting across the economy in multiple and long-lasting ways. Among the best minds in...
The streaming content movement is gaining more ground, and at a faster clip. Investors opted to take profits on red-hot Roku (ROKU) shares in the wake of first quarter-earnings on Friday amid concerns about weak advertising spending on the platform during the COVID-19...
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