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Coronavirus has killed over 1,000 Americans. How do you choose between saving the U.S. economy and sparing lives?

President Trump warns of ‘suicides,’ and Bill Gates talks of ‘pile of bodies,’ but they’ve both touched upon an economic term known as the Identifiable Victim Effect......»»

Category: topSource: marketwatchMar 26th, 2020

‘It’s a very difficult trade-off.’ How can you choose between saving the U.S. economy from coronavirus and saving lives?

‘It’s appalling to attach a dollar number to a human life — for noneconomists,’ said Colin Camerer, a professor of behavioral finance and economics......»»

Category: topSource: marketwatchMar 28th, 2020

Coronavirus cases in the U.S. now exceed China. How can you choose between saving the U.S. economy and saving lives?

‘It’s appalling to attach a dollar number to a human life — for noneconomists,’ said Colin Camerer, a professor of behavioral finance and economics......»»

Category: topSource: marketwatchMar 26th, 2020

How can you choose between saving the U.S. economy and saving lives?

‘It’s appalling to attach a dollar number to a human life — for noneconomists,’ said Colin Camerer, a professor of behavioral finance and economics......»»

Category: topSource: marketwatchMar 27th, 2020

32 prominent economists from both parties just signed a letter arguing that saving lives from coronavirus would also save the economy

REUTERS/Jonathan Ernst Thirty-two p.....»»

Category: topSource: businessinsiderMar 25th, 2020

The coronavirus has killed over 100,000 people in the US in just 4 months. This chart shows how that compares to other common causes of death.

Alexi Rosenfeld/Getty Images The novel coronavirus has killed over 100,000 Americans in just the four months since the first confirmed case in th.....»»

Category: topSource: businessinsiderMay 31st, 2020

The coronavirus has killed more than 100,000 Americans in just over 4 months

ANGELA WEISS/AFP via Getty Images More than 100,000 Americans hav.....»»

Category: topSource: businessinsiderMay 27th, 2020

Staffing Solution GigSmart Launches COVID-19 Unemployment Resource Center

GigSmart, a staffing solution for the gig economy, launched the Coronavirus Unemployment Resource Center to help Americans affected by the pandemic find information on unemployment insurance, financial aid, and healthcare benefits. read more.....»»

Category: blogSource: benzingaMay 27th, 2020

7 charts that show the silver linings of the coronavirus pandemic, from people saving more to the cleanest air in decades

Mario Tama/Getty Images More than 100,000 Americans have died from COVID-19, the disease caused by the novel coronavirus.&nb.....»»

Category: topSource: businessinsiderMay 27th, 2020

Economic Report: Consumer prices post biggest decline since 2008 as coronavirus puts clamps on inflation

One thing anxious Americans don’t have to worry about, with the COVID-19 pandemic shutting down large slices of the economy, is inflation. Consumer prices sank 0.8% in April to mark the biggest decline since the 2008 Great Recession......»»

Category: topSource: marketwatchMay 12th, 2020

No "V"-shape return from devastating U.S. job loss, Fed policymakers say

As many parts of the world's biggest economy begin to reopen after weeks of stay-at-home orders that slowed the spread of the coronavirus but gutted jobs, Americans should not expect a quick return to growth, U.S. Federal Reserve officials said on Friday......»»

Category: topSource: reutersMay 8th, 2020

The same number of people could die from ‘deaths of despair’ as have already died in the U.S. from coronavirus, new study finds

‘More Americans could lose their lives to deaths of despair, deaths due to drug, alcohol, and suicide, if we do not do something immediately.’.....»»

Category: topSource: marketwatchMay 8th, 2020

More than 3 million Americans filed for unemployment benefits again last week

The number of Americans filing for unemployment benefits topped 3 million for a seventh straight week, signaling little relief in sight for the economy since the coronavirus pandemic began closing... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMay 8th, 2020

U.S. unemployment rolls seen swelling as coronavirus restrictions bite

Millions more Americans likely sought unemployment benefits last week, suggesting a broadening of layoffs from consumer facing industries to other segments of the economy and could remain elevated even as many parts of the country start to reopen......»»

Category: topSource: reutersMay 7th, 2020

New Rules of Retirement

For many Americans, the coronavirus economy has blown up plans for a next chapter after full-time work......»»

Category: smallbizSource: nytMay 4th, 2020

Warren Buffett backed away from potential mega-deals after the Fed announced market-saving stimulus efforts

Alex Wong / Getty Images Warren Buffett considered making a deal as the coronavirus rocked the US economy, but the Federal Reserve's unprecedented stimulus efforts erased any appealing opportunities. The legendary investor stepped in with billions of dol.....»»

Category: topSource: businessinsiderMay 4th, 2020

Where"s the beef, chicken: Should we worry about a meat shortage?

As the coronavirus pandemic wreaks havoc on the economy, it could impact Americans' ability to find and pay for meat......»»

Category: topSource: moneycentralMay 2nd, 2020

State Economies Most Likely to Be Crippled by COVID-19

To slow the spread of the novel coronavirus and save lives, millions of Americans nationwide have been urged or ordered by their state or local government to stay at home. In addition to stay-at-home........»»

Category: blogSource: 247wallstApr 30th, 2020

Personal Finance Daily: How to trust that your financial adviser can shield you from the coronavirus fallout and can the economy be saved without sacrificing lives?

Wednesday’s top personal finance stories.....»»

Category: topSource: marketwatchApr 29th, 2020

Coronavirus update: U.S. deaths to COVID-19 exceed Vietnam War toll, and Pence slammed for not wearing face mask

The U.S. death toll from the coronavirus that causes COVID-19 has surpassed the number of lives lost in the Vietnam War as more than 1 million Americans are confirmed to have had the deadly illness......»»

Category: topSource: marketwatchApr 29th, 2020

Report: Millions of Americans can"t afford food and rent

The coronavirus is deepening existing fissures in an economy destabilized by decades of rising inequality......»»

Category: topSource: moneycentralApr 28th, 2020