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Stringer attacks de Blasio budget, eyes tax hike
Mayor Bill de Blasio is drawing down the city’s fiscal reserves too quickly and failing to seek enough cost savings from agencies amid the unprecedented fiscal meltdown caused by the economic... To view the full story, click the title link......»»
"All night, my eyes are open": After mass job losses, Americans forced to choose: Pay bills or buy food?
In seven weeks, 30 million Americans filed for unemployment. The economic cris.....»»
Scotland eyes universal basic income amid pandemic
Scotland First Minister Nicola Sturgeon said the "time has come" to look at cash handouts to solve the economic consequences of the pandemic......»»
Scotland eyes universal basic income amid pandemic
Scotland First Minister Nicola Sturgeon said the "time has come" to look at cash handouts to solve the economic consequences of the pandemic......»»
Key Words: Trump says China will ‘do anything they can’ for him to lose election
President Donald Trump says China wants him to lose his re-election bid, and suggested the economic truce following a trade deal earlier this year has been “upset very badly†by China’s inability to contain the coronavirus......»»
StanChart eyes quick recovery as profit falls 12% on coronavirus crisis
Standard Chartered PLC's first-quarter profit tumbled 12% on increased credit impairment and provisions for future loan losses as the coronavirus crisis hammered its borrowers, even as it expects an economic recovery later this year......»»
CVS Health boosts coronavirus self-swab testing as White House eyes economic restart
White House officials met with executives from CVS Health, Walmart, Walgreens, Rite Aid and several other firms on Monday.....»»
Opinion: Seattle businesses need to recover, not pay more taxes
The world is changing before our eyes, causing immeasurable harm, and we have yet to see the full impact. In the midst of the worst global economic downturn in nearly a century, members of our Seattle City Council are proposing a new tax on businesses.....»»
Economic Preview: All signs point to deepening recession even as U.S. eyes how to reopen for business
The hits to the U.S. economy keep coming. This week’s upcoming reports on layoffs, housing, consumer confidence and the health of businesses are all going to be ugly. Again......»»
LIVE UPDATES: Dow plunge hints at coronavirus economic impact, Trump eyes another round of cash payments for Americans
We'll keep this page updated with the biggest coronavirus headlines of the day. Scroll down for more information on each .....»»
Birmingham employment law experts on COVID-19, 2020 election and more
The economic disruption sparked by COVID-19 has quickly become the dominant concern for all industries in Birmingham, but the pandemic is one of many issues impacting labor and employment law in the Magic City. Last week’s List of law firms high.....»»
U.S. eyes aid for airlines, "significant" coronavirus stimulus package
White House economic adviser Larry Kudlow told CBS's "Face the Nation" program the administration would discuss "a number of new proposals" for the airlines with U.S. lawmakers this week. This report produced by Chris Dignam......»»
Bear market fears grip global shares as pandemic declared, eyes on Trump
Global shares were set for a rocky ride on Thursday as investors tally the economic damage of coronavirus, a day after the U.S. Dow Jones industrials entered bear market territory and world health officials declared the virus a pandemic......»»
EUR/USD Forecast: Fills The Weekly Opening Gap On US Dollar Recovery
Current Price: 1.1303 US stocks remain volatile, and tensions elevated, eyes turn to coronavirus economic stimulus packages. EUR/USD fills the weekly opening gap on US dollar recovery. read more.....»»
Wall Street drops over 3% on virus fears, travel shares slammed
U.S. stocks tumbled on Thursday, with shares of banks and travel companies taking a beating, as a new wave of fear about the spread of the coronavirus and its economic impact gripped investors just one day after election results powered a rally......»»
Fed cites coronavirus, presidential election as potential economic risks
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Peter Morici: Trump’s campaign may be banking too much on a strong economy
President Donald Trump is counting on a strong economy to propel his re-election, but this economic optimism ignores increasingly tough structural challenges and creeping decadence......»»
Trump is headed for a political reckoning as his response to the coronavirus paints a grim picture of his ability to handle a potential pandemic
Reuters While officials struggle to contain the spread of the deadly coronavirus in the US and the resulting global economic downturn, all eyes are on President Donald Trump. Trump's response to the potential pandemic i.....»»
White House officials express hopes that coronavirus will advance "America First" agenda
Associated Press For some administration officials, the coronavirus outbreak could present an economic opening in the US. As President Donald Trump vies for re-election in November, it could advance an "America First" agenda. The administration has renew.....»»