(Zachary Stieber) The Trump administration, in a sharp reversal, is releasing the names of some businesses that received money from a federal government program created to alleviate burdens during virus-fueled lockdowns.
(Michael Snyder) Those that have been hoping for some sort of a “V-shaped recovery” have had their hopes completely dashed. U.S. workers continue to lose jobs at a staggering rate, and economic activity continues to remain at deeply suppressed levels all over the nation. Of course this wasn’t supposed to happen now that states have been “reopening” their economies. We were told that things would soon be getting back to normal and that the economic numbers would rebound dramatically. But that is not happening. In fact, the number of Americans that filed new claims for unemployment benefits last week was much higher than expected…
Body For Awareness Project: Your body. Your clothes. Your truth. On Sale Now.
(Rexruther99) Let’s say your business was struggling after the slow season, but sound and fine before health and government authorities started advising people to distance themselves from each other. At the moment, it is mandated that your business be shut down. You were preparing for the final four in Atlanta, and it would have meant paying off a lot of your existing loans. That money is gone forever now.
(Dianne Kennedy) We learned a lot from the 2008-2009 Great Recession. As a CPA and real estate investor, I learned that sometimes there was absolutely nothing you can do to save a bad deal. I learned that people often hang on to an old way of life much too long, putting their future in jeopardy. I learned that some people never recover, emotionally, from a financial loss while others bounce back, stronger than ever.