economic
The Tax-Break Bonanza Inside the Economic Rescue Package
As the federal government dispenses trillions of dollars to save the economy, small businesses and out-of-work individuals are jostling to grab small slices of aid before the funds run out. But another group is in no danger of missing out: wealthy individuals and big companies that are poised for tax windfalls. Some of the breaks …
UK coronavirus deaths rise above 11,000, government grapples with economic toll
LONDON (Reuters) – The death toll from COVID-19 in British hospitals rose to 11,329 on Monday as the government – without its recuperating leader Boris Johnson – faced questions over its handling of the outbreak and the impact on the economy. Finance minister Rishi Sunak has told colleagues Gross Domestic Product could shrink by up …
Transgender Americans experience significant economic, health challenges: Study | Vanderbilt News
Christopher Carpenter (Vanderbilt University) Transgender adults experience considerably greater economic hardship and worse health than cisgender adults, according to the first study to document the socioeconomic struggles of this population in the United States. The study was coauthored by Kitt Carpenter, E. Bronson Ingram Professor of Economics and director of the Program in Public Policy …
Restaurant break-ins add to San Jose businesses’ economic woes
It’s troubling to hear that San Jose restaurants, including Capers Loft in downtown and Jack Holder’s in Willow Glen, have been recently burglarized during the coronavirus pandemic. Restaurants and bars all over the city and the state have been absolutely pummeled economically by the shelter-in-place orders. Some have closed, we hope temporarily, while others have …
U.S. stocks tumble as grim news mounts on health, economic fronts
As the country looks for a whisper of good news on the health or economic fronts, Wednesday’s waterfall plunge in stock markets says Wall Street is bracing for economic damage after just finishing one of its worst quarters ever. Investors read President Trump’s admonition on Tuesday that the country should be prepared for a “a …
Sarah Zhang, Founder and CEO of Points Technology, was invited to attend World Economic Forum Annual Meeting 2020 in Davos
DAVOS, Switzerland, March 30, 2020 /PRNewswire/ — Sarah Zhang, founder and CEO of Points Technology, was invited to attend World Economic Forum Annual Meeting 2020, held from January 21 to 24 in Davos, Switzerland. The theme for Davos 2020 is Stakeholders for a Cohesive and Sustainable World. A new paper, Reimagining Digital Identity: A Strategic Imperative, which …
Australia’s economic victims of coronavirus, just like the health victims, need help now | Richard Denniss | Opinion
Most people agree we should do all we can to help those who – through no fault of their own – contract Covid-19. The government is, rightly, about to spend billions of dollars on health services to help those who need it. No one expects people to get through coronavirus on their own. But when …
Trump administration seeks roughly $850 billion stimulus package for coronavirus economic fallout
The White House’s support of this idea, which has won backing from Democrats and some Republicans in Congress, shows how fast talks are evolving. President Trump had initially supported a payroll tax holiday, but said Tuesday that would take too long to deliver relief to Americans. “Payroll tax is one way, but it does come …
Coronavirus and economic uncertainty: Technology strategies hoteliers should evaluate to weather the storm
Some macro events are impossible to predict. As 2019 ended, marking the longest bull run in the history of the S&P 500, we entered 2020 with ever-increasing speculation as to how long the good times would last. Over a decade of unprecedented performance and optimism has naturally given way to broad-based economic uncertainty and a …
Trump administration, Congress at odds as they collide on coronavirus economic plans
On Monday, Trump proposed seeking a large payroll tax cut and offering assistance to airlines, hotels and the cruise industry, which have been rocked by cancellations because of coronavirus fears. His proposal caught many lawmakers by surprise. Many Republicans are uneasy about Trump’s proposed payroll tax cut, and Democrats are focused on other ideas, such …
