Mexico Is Struggling To Help Businesses During The Pandemic Mexican President Andrés Manuel López Obrador has no plans to rescue the country’s businesses beyond small loans for small firms. Hurt by the COVID-19 shutdown, the country’s in a deepening recession. Read more on NPR
Month: April 2020
Economy Update From NPR: Lessons The U.S. Can Learn From Europe In Dealing With Unemployment
Lessons The U.S. Can Learn From Europe In Dealing With Unemployment European governments are paying workers without jobs directly. NPR’s Mary Louise Kelly talks with Michael Birnbaum, Brussels bureau chief for the Washington Post, about lessons the U.S. can learn. Read more on NPR
Economy Update From NPR: Regulators Are Thinking To Cap Oil Production For 1st Time In Nearly 50 Years
Regulators Are Thinking To Cap Oil Production For 1st Time In Nearly 50 Years Both demand and prices for crude oil have plummeted due to the economic shutdown. Now, U.S. oil regulators are debating whether to cap the production — for the first time since the 1970s. Read more on NPR
Economy Update From NPR: Coronavirus Updates: 30 Million Americans Applied For Unemployment In Six Weeks
Coronavirus Updates: 30 Million Americans Applied For Unemployment In Six Weeks More than thirty million Americans have applied for unemployment in just six weeks. NPR’s economics and science correspondents update on the latest developments in the coronavirus crisis. Read more on NPR
Economy Update From NPR: Activists Refuse To Pay Rent As New York Struggles With The Coronavirus Outbreak
Activists Refuse To Pay Rent As New York Struggles With The Coronavirus Outbreak With New York having the largest coronavirus outbreak among U.S. states, activists and community organizers are putting together strikes, refusing to pay rent on May 1. Read more on NPR
Economy Update From NPR: The City Of Dayton Faces Financial Struggles During The Pandemic, Lays Off Workers
The City Of Dayton Faces Financial Struggles During The Pandemic, Lays Off Workers NPR’s Mary Louise Kelly talks with Mayor Nan Whaley of Dayton, Ohio, about the city’s financial struggles amid the pandemic and a lack of federal help that might affect essential services. Read more on NPR
Economy Update From NPR: In Gaza, Coronavirus Sparks Wedding Fever
In Gaza, Coronavirus Sparks Wedding Fever With wedding halls closed, Palestinians have saved big money with low-key parties. Read more on NPR
Economy Update From NPR: How The CARES Act Became A Tax-Break Bonanza For The Rich, Explained
How The CARES Act Became A Tax-Break Bonanza For The Rich, Explained New York Times reporter Jesse Drucker says the economic relief package is full of provisions aimed at big companies and wealthy individuals — some of whom may not have been impacted by the pandemic. Read more on NPR
Economy Update From NPR: A Staggering Toll: 30 Million Have Filed For Unemployment
A Staggering Toll: 30 Million Have Filed For Unemployment Another 3.8 million people filed claims for unemployment last week, as the coronavirus pandemic continues to weigh on the U.S. job market. That brought the total for the past 6 weeks to 30.3 million. Read more on NPR
Economy Update From NPR: Brown University President On Why Universities Need To Reopen By Fall
Brown University President On Why Universities Need To Reopen By Fall NPR’s Steve Inskeep talks to Brown University President Christina Paxson about why reopening college and university campuses for the fall semester should be a “national priority.” Read more on NPR