US Economy Shrank 3.5% in 2020 After Growing 4% Last Quarter
Stuck in the grip of a viral pandemic, the U.S. economy grew at a 4% annual rate in the final three months of 2020 and shrank last year by the largest amount in 74 years. read more >
Stuck in the grip of a viral pandemic, the U.S. economy grew at a 4% annual rate in the final three months of 2020 and shrank last year by the largest amount in 74 years. read more >
Arkansas' seasonally adjusted unemployment rate was 4.2% in December, down from 6.3% in November, the state Department of Workforce Services reported Tuesday. read more >
YouTube’s algorithm isn’t perfect, but it’s pretty smart, and I have begun to understand how people could follow it into dark places. read more >
At a time when our stress levels can run high, I am taking on “It ain’t what you say. It’s the way that you say it.” read more >
The Paycheck Protection Program (PPP) has been extended and expanded to provide more funding for first-time borrowers and to allow some existing borrowers the opportunity to receive additional help. read more >
The way to put a stop to the rampage and tragedy of the COVID-19 virus is a widespread vaccination campaign. Education, transparency and thoughtful conversations are needed. read more >
I am no constitutional scholar, but the deadly insurrection against Congress for doing its constitutional duty and subsequent fallout proves that even the president of the United States didn’t understand the constitutional process by which he was elected (and then sent packing). read more >
While the deadly viral pandemic is far more serious than a cartoon, the social and economic impact of COVID-19 has indeed reduced many norms to mere fragments: smithereens! read more >
The Deloitte Center for Financial Services is forecasting that the average return on equity in the U.S. banking industry could drop to 5.6% in 2020 but then recover to 11.7% in 2022. read more >
The second $284 billion Paycheck Protection Program, which will offer more forgivable loans designed to soften job losses from the pandemic, began accepting applications from businesses today. read more >
A Federal Reserve survey of U.S. business conditions has found modest economic gains at the start of the year, although some parts of the country saw slowdowns stemming from a renewed surge of COVID-19 cases. read more >
Layoffs spiked in November compared with the previous month and the number of job openings slipped, signaling that the job market has stalled as the resurgent coronavirus has brought about another wave shutdowns of restaurants and bars and hobbled consumer spending. read more >
The Little Rock metropolitan statistical area saw its sharpest short-term job loss of modern history in April, with its service-oriented economy being especially vulnerable to the pandemic, a recent report by planning agency Metroplan shows. read more >
If this is the very best the Republican Party has to offer, it’s time for a new conservative party. read more >
The latest COVID-19 relief package includes some notable components for health care providers. read more >
In the second quarter of 2020, health services spending fell by 8.6% compared with the second quarter of 2019. read more >
U.S. employers shed jobs last month for the first time since April, cutting 140,00 positions, clear evidence that the economy is faltering as the viral pandemic tightens its grip on consumers and businesses. read more >
We have a vaccine, so this COVID thing will be over soon, right? Dr. Shane Speights, dean of New York Institute of Technology College of Osteopathic Medicine, says not exactly. read more >
The number of Americans seeking unemployment aid fell slightly to 787,000, evidence of a job market stumbling in the face of the viral pandemic and the damage it has inflicted on the economy for nearly 10 months. read more >
With COVID-19 vaccinations on the horizon, employers have the opportunity to think through whether vaccines should be mandatory or at the discretion of the employees. There are also legal implications to wiegh. read more >
