Tag: COVID-19

July 16, 2021

Crude oil prices saw heavy selling pressure this week, with the WTI contact on pace for the biggest five-day drop since mid-March. Worries about slowing global growth and the follow-on headwinds for energy prices linked to the spread of the […]

July 12, 2021

Predictions that the pandemic will have a long-lasting impact on office space has yet come to pass, according to BBG, a leading national valuation and assessment commercial real estate services firm. Since the arrival of the COVID-19 pandemic, there has […]

July 12, 2021

Pandemic-fueled financial setbacks have hit women much harder than men, which should serve as a call to action for colleges and universities to do whatever it takes to provide the tools needed to close the financial fluency gap and work […]

July 2, 2021

In an encouraging burst of hiring, America’s employers added 850,000 jobs in June, well above the average of the previous three months and a sign that companies may be having an easier time finding enough workers to fill open jobs. […]

June 28, 2021

U.S. Education Secretary Miguel Cardona said Monday that Puerto Rico will receive nearly $4 billion in federal education pandemic relief funds to help boost the U.S. territory’s fight against COVID-19. The announcement was made during Cardona’s official three-day trip to […]

June 14, 2021

Amid a booming economy and rising inflation, the Federal Reserve this week could signal that it’s likely to move up the timetable for withdrawing the extraordinary stimulus measures it has enacted during the COVID-19 pandemic. The Fed meeting highlights a […]

May 6, 2021

The U.S. employment picture improved sharply last week, with first-time claims for unemployment insurance dipping below 500,000 for the first time since the pandemic crisis. Initial claims totaled 498,000 for the week ended May 1, against the Dow Jones estimate […]

April 29, 2021

Economic activity boomed to start 2021, as widespread vaccinations and more fuel from government spending helped get the U.S. closer to where it was before the Covid-19 pandemic struck, the Commerce Department reported Thursday. Gross domestic product, the sum of […]

April 21, 2021

Alaska Gov. Mike Dunleavy announced on April 20 that Alaska will be joining Florida in suing the US Centers for Disease Control and Prevention to bring cruising back. The CDC has maintained its pause on the cruise industry – via […]

April 21, 2021

NEW YORK — It looks like something to celebrate: small businesses posting “Help Wanted” signs as the economy edges toward normalcy. Instead, businesses are having trouble filling the jobs, which in turn hurts their ability to keep up with demand […]

April 20, 2021

President Joe Biden’s administration announced an increase Tuesday in the number of temporary seasonal workers who will be allowed to work in the U.S. this year as the U.S. economy recovers from the pandemic. The Department of Homeland Security said […]

April 19, 2021

Bull markets don’t die of old age, as investors have been often reminded during this most recent one, but how long on average do they live? Investors who consult the historical S&P 500 chart will find a technical answer to […]

April 19, 2021

For good or bad, the pandemic’s economic forces reshaped Americans’ personal finances over the last year. Everyday expenses including commuting fares, daycare and leisure activities like travel and dining out dropped off family budgets. At the same time, millions of […]

April 13, 2021

Consumer prices shot higher in March, given a boost by a strong economic recovery and year-over-year comparisons to a time when the Covid-19 pandemic was about to throttle the U.S. economy, the Labor Department reported Tuesday. The consumer price index […]

April 12, 2021

Determining how much to fund their school’s IT departments is a big issue facing higher ed leaders. Even before COVID-19, colleges and universities were feeling the pinch to reduce IT costs to decrease strain on their budgets. However, as institutional […]

April 2, 2021

Stock futures extended gains and Treasury yields rose Friday after a larger-than-expected addition of 916,000 US jobs in March underscored expectations the world’s largest economy continues to recover from the COVID-19 crisis. The moves in futures and government bonds took […]

March 31, 2021

It revealed that gross payouts linked to COVID-19 disruption were expected to have topped £6.2bn for the year as a whole – almost a record for a single event and on a par with the cost from the 9-11 terror […]

March 29, 2021

The Federal Reserve is not keeping monetary policy easy so the government can continue running up debts and deficits, Fed Governor Christopher Waller said Monday. Defending the Fed’s independence from the fiscal authorities in Congress, Waller rejected notions that the […]

March 26, 2021

Victoria’s Secret-owner L Brands on Friday raised its profit outlook for the first quarter, citing a boost from government stimulus and from loosened Covid-related restrictions. Its stock jumped more than 5% in premarket trading. The company now expects an adjusted […]

March 22, 2021

The U.S. economy is recovering from the Covid-19 recession, but some economic “scarring” may take a long time to heal, said Richmond Federal Reserve Bank President Thomas Barkin. Economic scarring refers to damage left behind by crises that will suppress […]