You Searched For "Coronavirus economic impact" and got 20 results
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2 mins read
US Chapter 11 bankruptcies surged to a decade-high in the 3rd quarter as stimulus dried up
Nearly 40% of the quarter's bankruptcy filings originated in the Southeast, where virus outbreaks r…
Ben Winck
6 mins read
These Indian states have seen the worst economic impact due to the COVID-19 pandemic
The coronavirus lockdown hasn’t been easy on India or its 29 states and seven union territories (UT…
3 mins read
Millennials said in a survey they needed $525,000 a year to be happy. Here's what a Nobel prize winner's research says about money and happiness.
If money can really buy happiness, a study found a positive link up to at least $500,000. Here's wh…
Ayelet Sheffey
3 mins read
The US economy unexpectedly shrank in the first quarter for the first time since the pandemic crash
US gross domestic product shrank at an annualized rate of 1.4% in the first three months of 2022, b…
Ben Winck
2 mins read
One jarring chart shows how China's latest COVID lockdown could threaten the US economic recovery
China's COVID lockdown has hurt its manufacturing industry. It's likely to hit the US economy as we…
Jason Lalljee
2 mins read
One measure of unemployment suggests Biden's $1.9 trillion stimulus plan could do more harm than good, says one top Wall Street strategist
The labor market has recovered far faster than in past recessions when measuring unemployment with …
Ben Winck
2 mins read
Services are roaring back to life in a 'post-Omicron rebound' according to one of the most closely watched business surveys
A popular gauge of service-sector health just improved for the first time in three months. Manufact…
Ben Winck
5 mins read
The Fed is confident it can stave off a recession in 2022, but others aren't so sure
Federal Reserve Chair Jerome Powell has said the economy is strong enough to withstand higher inter…
Ben Winck
2 mins read
US small business index rises despite 76% of firms still fearing virus' impact, Chamber of Commerce says
Nearly six in 10 small businesses said the economy's health is "poor," according to the Chamber of …
Ben Winck
4 mins read
The pain the US is feeling from inflation is the opposite of the slow, hellish recovery after 2008 — which was much worse for their finances
The country is rebounding far faster than it did after the 2008 financial crisis. All Americans see…
Ben Winck,Madison Hoff
2 mins read
Stimulus checks spurred nearly 50% declines in pandemic-era food shortages and financial worries, study shows
The checks' deliveries even coincided with improved mental health, with recipients reporting drops …
Ben Winck
3 mins read
5 ways Americans are preparing for even higher inflation, according to a new poll
Two-thirds of Americans expect the inflation problem to worsen over the next year, and they're usin…
Ben Winck
2 mins read
Americans suddenly feel much better about the economic rebound
The University of Michigan's Consumer Sentiment Index soared to 65.7 from 59.4 in early April, trou…
Ben Winck
2 mins read
Almost half of Americans used the $1,400 stimulus checks to pay off debt
Former Fed economist Claudia Sahm recently published a paper looking at how the third round of stim…
Madison Hoff
4 mins read
Reopening turned into economic recovery in March, but it's just the base of the mountain
The US added 916,000 jobs in March, besting the 660,000 estimate, yet Insider calculates some 14.3 …
Ben Winck
1 min read
5 charts show just how badly Latino and Black communities have been impacted by the economic fallout from the coronavirus
Some 2,000 Americans were surveyed by the Harris Poll, on behalf of the American Staffing Associati…
Marguerite Ward,Madison Hoff
2 mins read
Biden urged workers to return to offices. The February jobs report shows they already are.
The number of workers calling out sick halved. Telecommuting dropped, and fewer businesses closed d…
Ben Winck
2 mins read
A financial crisis could emerge from the coronavirus's lingering fallout, World Bank chief economist says
What began as a health crisis is creating "your classic balance sheet problems" for businesses, hou…
Ben Winck
4 mins read
The 1990 recession is a cautionary tale for today's economy
The 1990 recession was sparked by high oil prices, Fed tightening, and economic pessimism, not a bu…
Ben Winck
5 mins read
7 ways America's economy could change forever under Biden, from a top economics professor
Biden's spending plans suggest economic policy will now focus more on maximum employment and less o…