Articles filed under Economy
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Stimulus may come too late for U.S. businesses already stretchedApr 04, 2020 6:16 am - The economic peril from the coronavirus is growing more stark every day, and the $2 trillion stimulus may not deliver a rescue in time for the many small businesses and ...
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Some companies are pledging not to lay off employees, for nowApr 04, 2020 6:10 am - On the evening of March 19, as statewide stay-at-home orders were just beginning, reports of job layoffs were surging and the number of U.S. coronavirus cases topped 14,...
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New rallying cry: No one should pay rent until the coronavirus endsApr 04, 2020 6:00 am - After losing his job as a restaurant cook last month, Casey James began contacting his Atlanta neighbors with an idea: No one should pay rent until the coronavirus pande...
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Pension funds will take a big coronavirus hitApr 04, 2020 6:00 am - The coronavirus crisis is still unfolding, but it's not too soon to think about lasting financial impact and how to limit the fallout. One major financial crisis that ma...
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More than 14K Illinois jobs lost in March due to virusApr 03, 2020 1:00 am - Note: This story has been updated to remove mention of layoffs by Fabrik Molded Plastics at its McHenry plant, as they have been removed from the state report. And i...
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A growing number of Americans say they can't afford to stock up on groceriesMar 29, 2020 6:24 am - She was running out of food, but Patricia Brown had to wait. She waited until the third Wednesday of the month, the day her Social Security check landed in the bank, bef...
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American parents now have the world's most distracting co-workersMar 29, 2020 6:18 am - On Monday, Amanda Goetz found herself stuck alone inside her 1,000-square-foot Manhattan apartment with three kids under 7. The coronavirus had canceled school for her 2...
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Working from home reveals another fault line in America's racial and educational divideMar 28, 2020 6:24 am - At the Bath Iron Works on Maine's Kennebec River, workers are showing up by the hundreds to build ships for the Navy. At Mike Doherty's auto repair shop in Everett, Wash...
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As layoffs skyrocket, America's unemployment safety net is underpreparedMar 22, 2020 6:24 am - U.S. workers are getting laid off at an unprecedented pace as the coronavirus outbreak shuts down much of the economy, and the government safety net to help the newly jo...
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Low-wage workers could be especially hard hit by this recessionMar 21, 2020 6:19 am - The coronavirus recession is likely to do something that we haven't really seen before: It's going to hammer services, like restaurants and retailers, first. The closing...