A new rule proposed by the Department of Labor could bring partial relief to businesses struggling to stay afloat amid the COVID-19 pandemic’s economic fallout. It could also help millions of workers who are straining to maintain their livelihoods or attempting to find new ones.
The middle class is dying as high-income earners take more of the wealth, turning middle-income earners into low income earners. At least that’s what’s been repeated by many on the left.
Maine Gov. Janet Mills, New Hampshire Gov. Chris Sununu and Vermont Gov. Phil Scott assert the reimposition of a 10 percent tariff on imports of non-alloyed unwrought aluminum from the U.S.’s northern neighbor is detrimental to manufacturers and supply chain businesses.
No wonder the sale of colleges is a hot market with sale prices so far-off their historical valuations and so many options for repurposing. Could there be a silver lining here that is being missed?
More than 20 percent of small business owners said they will have to close permanently if current economic conditions do not improve within the next six months, according to a survey conducted by the National Federation of Independent Business.
Recent reports indicate New Yorkers frustrated with high taxes and fearing for their safety during the COVID-19 pandemic are flocking to New Hampshire.
User review platform Yelp is reporting that about 300 businesses in New Hampshire shuttered their doors permanently since the COVID-19 pandemic began. Also, a New Hampshire researcher warns that the spike in unemployment is leading to a rise in those lacking health insurance.
More than 5 million people lost their health insurance coverage over the past several months because of COVID-19 restrictions as costs for lifesaving medications and treatments for cancer also skyrocketed.
Some unemployed workers received nearly twice as much money through unemployment insurance (UI) payments authorized through the CARES Act than they earned when they were employed, a new study from the Foundation for Government Accountability found.
The United States gross domestic product (GDP) fell 32.9% in the second quarter of 2020, marking the largest decline the country has ever seen. The Department of Labor reported Thursday that over 1.43 million Americans filed initial claims for unemployment last week.
Gov. Phil Scott doesn’t think the universal mask mandate he announced Friday will make Vermonters less willing to patronize businesses in-person. The opposite will be true, he predicted.
Democrats support extending the current benefits, while Republicans want a more limited plan with incentives to return to work.