Tag: economy
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From restaurants to retailers, virus transformed economies
When the viral pandemic erupted in March, employees of the small insurance firm Thimble fled their Manhattan offices. CEO Jay Bregman planned to call them back soon — as soon as New York was safe again.
New White House offer adds $600 checks to COVID-19 relief
The Trump administration dove back into Capitol Hill's confusing COVID-19 negotiations on Tuesday, offering a $916 billion package to House Speaker Nancy Pelosi that would send a $600 direct payment to most Americans — but eliminate a $300 per week employment benefit favored by a bipartisan group of Senate negotiators.
Powell says pace of economic improvement has moderated
Federal Reserve Chairman Jerome Powell says that the pace of improvement in the economy has moderated in recent months with future prospects remaining “extraordinarily uncertain.”
Bidenomics: More stimulus, tougher regulation, and gridlock
President-elect Joe Biden will inherit a vulnerable economic recovery under threat from a resurgent virus, likely with a divided Congress that will hinder his ability to address the challenges. Yet despite the obstacles, the former vice president and senator will pursue a drastic shift in America's economic policy.
HHT CONTINUES TO MOVE FORWARD DESPITE QUARANTINE
Since the COVID-19 quarantine began, the Historic Hemet Theatre has postponed a total of 17 concerts, including the entire Season Two of their popular Tribute Mania Concert Series. But behind the scene at Hemet’s performing arts center, progress is still moving forward with big plans for the future.
