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Friday, July 3, 2020
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Racism and economic inequality have predisposed black workers to be most...

A new report by director of EPI’s Program on Race, Ethnicity, and the Economy Valerie Wilson and senior economist Elise Gould explores how racial and economic inequality have left many black workers with few good options for protecting

The Coming Greater Depression of the 2020s

After the 2007-09 financial crisis, the imbalances and risks pervading the global economy were exacerbated by policy mistakes. So, rather than address the structural problems that the financial collapse and ensuing recession revealed

Stocks rise on Wall Street, but US braces for 100,000 deaths

Stocks surged on Wall Street to their highest levels since the business shutdowns took hold in the U.S. over two months ago, climbing on optimism Tuesday about the reopening economy even as the nation’s official death

Fed sees Wall Street stress if virus takes ‘unexpected’ turn

The Federal Reserve said Friday that Wall Street remains vulnerable to another shock if the global pandemic takes an “unexpected course” putting renewed strains on the economy and the country’s financial system.

Why prospect of deflation could pose a threat to US economy

The economic paralysis caused by the coronavirus led in April to the steepest month-to-month fall in U.S. consumer prices since the 2008 financial crisis — a 0.8% drop that was driven by a plunge in gasoline prices.

Finances During A Pandemic

Now that the initial shock of the pandemic has started to wear off, it's time to take a step back and really start planning. Everyone is living through an unprecedented time. The uncertainty surrounding the Covid-19 pandemic is enough to rattle even the strictest saver.

Learning at Home: 5 Tips for Teaching Children Financial Literacy

If you have school-age children, you are probably one of the many parents facing the challenge of educating your kids at home. While there are countless learning options available—from virtual music classes to videos about zoo animals—financial literacy is one important subject that should not be overlooked.

Coronavirus pandemic breeds Washington lobbying boom

The coronavirus pandemic has gut-punched global markets, put 6.6 million Americans out of work and raised the likelihood

Stocks drop as coronavirus crunches the job market, economy

The stock market’s first reaction to Friday’s stunningly bad jobs report was to take it in stride. But Wall Street slid through

US sheds most jobs in a decade, ending record hiring streak

A record-long streak of U.S. job growth ended suddenly in March after nearly a decade, as employers slashed hundreds