Category «Economy»

The Coronavirus Aid, Relief, and Economic Security (CARES) Act—Tax Relief for Individuals and Businesses

Via LC – The Coronavirus Aid, Relief, and Economic Security (CARES) Act—Tax Relief for Individuals and Businesses Updated April 28, 2020: “The Coronavirus Aid, Relief, and Economic Security (CARES) Act—Tax Relief Congressional Research Service 1ongress has considered a number of proposals that seek to mitigate the economic effects of the Coronavirus disease 2019, or COVID-19, …

Subjects: Congress, Economy, Financial System, Government Documents, Legal Research, Legislation

Fintech: Overview of Innovative Financial Technology and Selected Policy Issues

EveryCRSReport.com – Fintech: Overview of Innovative Financial Technology and Selected Policy Issues, April 28, 2020: “Advances in technology allow for innovation in the ways businesses and individuals perform financial activities. The development of financial technology—commonly referred to as fintech—is the subject of great interest for the public and policymakers. Fintech innovations could potentially improve the …

Subjects: Congress, Economy, Financial System, Government Documents, Legislation

Small Businesses and COVID-19: Relief and Assistance Resources

Via LC – Small Businesses and COVID-19: Relief and Assistance Resources Updated April 28, 2020 – “This CRS Insight presents selected websites and CRS products potentially relevant to small businesses that are directly affected by the Coronavirus Disease 2019 (COVID-19) pandemic and seeking economic relief and assistance. For an analysis of the small business provisions …

Subjects: Congress, Economy, Financial System, Government Documents, Legal Research, Legislation

Did the Paycheck Protection Program Hit the Target?

Granja, Joao and Makridis, Christos and Yannelis, Constantine and Zwick, Eric, Did the Paycheck Protection Program Hit the Target? (April 25, 2020). Available at SSRN: https://ssrn.com/abstract=3585258 “This paper takes an early look at the Paycheck Protection Program (PPP), a large and novel small business support program that was part of the initial policy response to …

Subjects: Economy, Financial System, Government Documents, Legal Research

89% fear economic collapse

“89% of Americans — both Republicans and Democrats — now worry about the economy collapsing, Axios White House editor Margaret Talev writes from the newest Axios-Ipsos Coronavirus Index. Why it matters: In this 50-50 nation, we almost never see lopsided results like that. This figure is one of the most vivid indications yet that real …

Subjects: Economy, Financial System

How our favorite pastimes will change in post COVID-19 world

Morning Consult Analysis – “The coronavirus outbreak has separated many Americans from their typical pastimes, relegating people to their homes during any free time they may have. With this, certain pastimes are seeing new life. But how likely is it that consumers will continue to enjoy these pastimes post-pandemic, and which ones are just temporary …

Subjects: Economy, Education, Financial System, Food and Nutrition, Health Care, Internet, Knowledge Management, Social Media, Transportation

White House is reviewing detailed guidance for gradual reopening

Washington Post – “…The guidance under review, drafted by the Centers for Disease Control and Prevention, is considerably more detailed. Changes could be made, but the guidance is likely to be released within the next seven days, officials said. The 17-page guidance lists recommendations for each of six settings. It says all decisions should be …

Subjects: Economy, Education, Financial System, Government Documents, Health Care

German minister backs creating legal right to work from home

AP: “Germany’s labor minister wants to enshrine into law the right to work from home if it is feasible to do so, even after the coronavirus pandemic subsides. Labor Minister Hubertus Heil told Sunday’s edition of the Bild am Sonntag newspaper that he aims to put forward such legislation this fall. He said initial estimates …

Subjects: Economy, Financial System, Health Care, Legal Research

The Virus vs The Virus A Trump Twitter Timeline, Self Praise, and American Medicine in Crisis

Dave Pell: “Here’s a look at what the President of the United States was Tweeting as America’s Covid-19 body count continued to mount. The below examples are not exhaustive. But they are certainly exhausting…” See also The New York Times – 260,000 Words, Full of Self-Praise, From Trump on the Virus See also The New …

Subjects: Economy, Education, Government Documents, Health Care, Internet, Knowledge Management, Legal Research, Medicine, Social Media

The Pandemic Will Change American Retail Forever

The Atlantic– “…To see how the pandemic is already reshaping American retail, you don’t even have to go outside and count storefronts. Your receipts and credit-card statements tell the whole story. On Thursday, the U.S. Commerce Department reported that retail spending in March collapsed by the largest number on record. Travel spending—including on airlines, hotels, …

Subjects: E-Commerce, Economy, Financial System, Health Care, Medicine

COVID-19 Demographic and Economic Resources

“[On April 23, 2020] the U.S. Census Bureau released a new resource page on census.gov to help federal agencies, businesses and communities make decisions related to the COVID-19 pandemic. Similar to the Census Bureau’s resource pages created during natural disasters, this resource page includes information on population demographics, economic indicators and businesses. It features a new interactive …

Subjects: E-Government, Economy, Health Care, Knowledge Management

This 3-D Simulation Shows Why Social Distancing Is So Important

The New York Times – “Public health experts and elected officials have emphasized again and again that social distancing is the best tool we have to slow the coronavirus outbreak. The Centers for Disease Control and Prevention encourages people to stay home. If you must venture out, you should stay at least six feet away …

Subjects: Economy, Government Documents, Health Care, Knowledge Management