The stimulus payments may not have done much to, well, stimulate the economy at large. A recent report by the National Bureau of Economic Research (NBER) finds that recipients of the initial $2.2 trillion in stimulus checks tended to use those payments to bolster their savings or pay...
In girding for battle, it’s critical to stock up on supplies, on weapons. To that end, in the United States, nonfinancial business debt surged in the first quarter as companies took on funding to grapple with the mounting effects of the coronavirus. In a report...
If there was any doubt that the U.S. is in a recession, the nation’s scorekeepers made it official on Monday (June 8). “The unprecedented magnitude of the decline in employment and production, and its broad reach across the entire economy, warrants the designation of this...
The ongoing coronavirus pandemic will cause the death of more than 100,000 small and medium-sized businesses (SMBs), triggering a tsunami of bankruptcies nationwide, new research shows. The average business has in excess of $10,000 in monthly expenses and barely enough cash on hand to survive...
October 28, 2022
COVID changed everything. From consumption patterns to communication standards, the idea that changes resulting from the events of 2020 and 2021 would disappear as soon as a vaccine was developed has been proven drastically shortsighted. For example, with the U.S.’s great post-pandemic reopening now well underway, recent research shows that many people have no intention […]
June 08, 2020
If there was any doubt that the U.S. is in a recession, the nation’s scorekeepers made it official on Monday (June 8). “The unprecedented magnitude of the decline in employment...
May 13, 2020
The ongoing coronavirus pandemic will cause the death of more than 100,000 small and medium-sized businesses (SMBs), triggering a tsunami of bankruptcies nationwide, new research shows. The average business has...
November 14, 2016
Making the minimum may require minimum effort … and it provides minimum benefits. We’re talking here about making the minimum payments on credit cards. As the New York Times reported this past weekend,...
