economy
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Biden is preparing to detail his proposal for a new COVID-19 relief package. Potential aspects of the stimulus effort from the new administration that are said to be of the utmost importance to Biden include $2,000 stimulus checks, boosted funds for city and state governments to help with pandemic concerns, money for schools, and a […]
Employees who work for Disney parks in Florida and California got some grim news this week when they learned from a memo that their employer (The Walt Disney Co.) was planning to lay off 28,000 people. This was attributed to the substantial COVID-19-induced attendance losses experienced by those tourist attractions, which is perhaps something you saw coming if […]
In a conclusion that should be no shock to stressed-out poor people, workers holding multiple jobs just to live paycheck-to-paycheck, renters with obnoxious ass roommates they’re forced to depend upon, and literally thousands of other hypotheticals we could both come up to continue belaboring the point, a new report found that money may indeed buy […]
As the deaths of George Floyd, Breonna Taylor, Tony McDade, and countless others have sparked a global uprising against racial injustice, protesters have revisited another avenue to push the agenda—Black capitalism. On July 7, 2020, #BlackoutDay2020 aims to unite Black people in economic solidarity through a campaign encouraging participants to support Black-owned businesses exclusively. Similar digital […]
The nation’s second largest bank is contributing $1 billion to the fight against racial inequality. Bank of America announced the donation Tuesday, as the country continues to grapple with the economic disruption caused by the coronavirus pandemic. According to the bank’s press release, the $1 billion will benefit communities of color over the next four years, with […]
Missouri will be the first state to resume live events on May 4. The latest measure was included in Gov. Mike Parson’s Show Me Strong recovery plan, which also outlines how the state’s economy will begin reopening on Monday, Billboard reports. Large events and gatherings are no longer forbidden; residents will be able to attend concerts […]
On Monday, the Governor of Texas, Greg Abbott, announced he’d be letting the state’s stay-at-home order come to end at the conclusion of April, when it was originally set to expire. This will set into motion a multi-phase plan to reopen the state’s businesses, beginning on Friday (see: May 1). The first businesses to re-open […]
About a month ago, Texas Lt. Governor Dan Patrick cited himself to tell Fox News’ Tucker Carlson that older people were ready to risk their lives to get the economy back up again for the younger/future generations. “No one reached out to me and said, as a senior citizen, are you willing to take a […]
Dr. Phil McGraw of Dr. Phil fame is getting criticized for comments he made about COVID-19 deaths while on Fox News‘ The Ingraham Angle. McGraw, who has a doctorate in clinical psychology, compared COVID-19 deaths to those from car crashes, cigarettes, and swimming pool accidents while arguing against the lockdowns that have impacted the nation’s economy in […]
The first-round of stimulus checks have found their way into Americans’ bank accounts, and while this would seem to be a good time for a social experiment to learn what crazy things people would do with free(ish) money, it turns out it’s actually much more dull (and practical) when played out in real-life. Early data […]
