"There is a real danger that the economic crisis that comes out of this health crisis is worse than what we experienced in 2008," Jason Furman, formerly a top economist for the Obama administration,"There is a complete shutdown of economic activity across the entire planet ... of a type we've never seen before."
Many major companies, once titans of industry, are now in dire financial straits and laying off workers. And more are pleading for a bailout from the federal government.a colossal $2 trillion federal rescue package
Jojo said she is busy with cooking in the closed school bc she needs to provide free lunch for the students coming from the lower salary families . I am happy for jojo to keep her job bc as a new immigrant from China she doesn’t understand English although I feel it’s not a good
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US weekly jobless claims hit record 6.6 million as coronavirus spreads - Business Insider'It's remarkable. These are unprecedented numbers,' said Bank of America economist Joseph Song. 'But we're also facing an unprecedented pandemic.' See how the coverage compares against other news outlets on Ground News COVID19 DonaldTrump Economy unemploymentrate Business TheFireTracker2 Gods thing trumps bringing in migrant workers! Hahahahaha hahahahaha
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Tech incubator inside former US consulate helps cross-border startups - Business InsiderThe Bridge Accelerator Program gives companies along the US-Mexico border the skills to compete for contracts from multinational corporations.
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US neobank Moven shutters as the coronavirus dries up funding - Business InsiderMoven, an early entrant to the US neobank market, is closing all accounts on April 30 after funding fell through due to the coronavirus pandemic.
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US response to coronavirus: Defense Production Act and wartime economy - Business InsiderTrump called himself a 'wartime president' and said the US would invoke a wartime law on March 18. He actually invoked it, for one company, March 27. Trump admin needs to be disbanded. 🤡 was dismissive, tweeting, golf, rallies. His FAILURE to fill top positions with qualified candidates. CDCgov (Robert Redfield); US_FDA (Stephen Hahn); HHSGov (Alex Azar). = Lack of testing, lack of containment and death count💔 Why a pic of Biden here? He votes for wars, is that why you included him, because he's not President? США у Германии помощи просить нужно, и у Китая ;))
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Morgan Stanley hire DB's Weinstein as distressed trading head in US - Business InsiderMorgan Stanley has hired a top trader away from Deutsche Bank in distressed credit — an area primed for a boom as corporate debt gets crushed If I were the top trader, I would quit & work from home. It makes no sense the top trader still works for banks.
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Trump is blowing the US response to coronavirus because he can't handle bad news - Business InsiderTrump spent his business career lying his way through disaster and faking his successes, now he's applying the same instincts to managing a pandemic. lopezlinette Trump performing the Islamic call to prayer. Beautiful 🙏🏽
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