Personal loans could help cover unexpected expenses with lower interest rates. (iStock) Millions of Americans face unprecedented personal finance concerns as the coronavirus pandemic continues to affect unemployment rates months after the first case of COVID-19 was reported in the United States. The Federal Reserve took steps in March to encourage […]
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The four spending bills that Congress passed earlier this year to address the coronavirus crisis amounted to one of the costliest relief efforts in U.S. history, and the undertaking soon won praise across the political spectrum for its size and speed. The $4 trillion total of government grants and loans […]
Beatrice Granberg spent part of her 79th birthday on Feb. 27 undergoing her first chemotherapy treatment. Just days earlier, she had been diagnosed with two types of lymphoma. Family members knew something was wrong after the normally independent Staten Island mother – a proud “Nana” to 11 grandchildren and four […]
This summer, we face two simultaneous crises: a public health crisis caused by the coronavirus — a novel virus that has killed hundreds of thousands of people worldwide and more than 10,000 people in Texas — and an economic crisis that has resulted in millions of Americans losing their jobs. […]
The COVID-19 pandemic is expected to reduce global macroeconomic resilience by about 20% in 2020 from 2019 levels as stimulus packages deplete countries’ fiscal and monetary buffers around the world. At the same time, the combined global protection gap for key perils is reaching a new high. According to the […]
$600 unemployment checks are about to stop. Congressional Republicans have put forward a stimulus plan. We’ll dig into the details. Guests Claudia Sahm, director of macroeconomic policy at the Washington Center for Equitable Growth. (@Claudia_Sahm) Kenneth Rogoff, professor of economics and public policy at Harvard University. Co-author of “This Time Is […]
EU finance ministers wrangle over coronavirus rescue package (Reports). EU talks on how to help southern Eurozone countries badly affected by the coronavirus epidemic have stalled after 16 hours. The European Central Bank says the bloc may need up to €1.5tn ($1.6 trillion; £1.3tn) to tackle the crisis. European finance […]
It’s expected that 47 million Americans could be out of work by June in the wake of the novel coronavirus. For many, money is tight, which is why people are looking for alternative ways to sustain themselves after losing income as a result of business shutdowns. Inside Edition talked to “Shark […]