As the coronavirus crisis has intensified, low-wage working families immediately experienced drastically reduced work hours and layoffs. The economic and psychological consequences for families have been severe.
By Elizabeth O. Ananat, Anna Gassman-Pines, Econofact
Health economists emphasize that how the U.S. responds to this crisis will affect the number of people who die not only from the virus itself, but from the side effects of an economic downturn.
By Gretchen Frazee
The coronavirus pandemic is causing immense economic damage. The number of Americans filing for unemployment benefits has surged as businesses nationwide close down and are forced to lay off workers. Has the country ever experienced anything like this? Paul Solman…
The fallout from the 2008 global financial crisis revealed that some of the world's most powerful banks were involved in reckless financial dealings. Germany’s Deutsche Bank took a particularly aggressive approach -- the consequences of which are still playing out…
By Paul Solman
By Grace Birnstengel, Next Avenue
"Those of us who are longtime survivors — there are other things popping up now because we weren’t expected to live this long," one HIV survivor said.
By Gretchen Frazee
For companies that have become heavily reliant on China, COVID-19 could serve as a wake-up call.
By Pamela Foohey, The Conversation
The Scouts’ initial bankruptcy documents state that 275 lawsuits are pending in state and federal courts across the country, and that attorneys for survivors estimate another 1,400 claims will be filed.
By Paul Solman, Diane Lincoln Estes
Many Americans plan to save for retirement in their 50s. But what happens if you're laid off at that age instead? According to researchers, the situation is common, and older workers have a harder time finding a new job --…
By Tony Cookson, The Conversation
Research shows that people who grow up in a bank desert on Native American reservations are more likely to fall behind on credit card and mortgage payments.
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