By Paul Shafer and Katherine Gutierrez, The Conversation The big idea The discontinuation of the Biden administration’s monthly payments of the child tax credit could leave millions of American families without enough food on the table, according to our new study in JAMA Network Open. The first missed payment on Jan.
By Steve Goldstein, Market Watch Global debt reaches $281 trillion Governments and countries accumulated more debt during the COVID-19 pandemic than they did during the 2008-09 financial crisis, a leading trade group said on Wednesday. The Institute of International Finance said global debt-to-GDP surged by 35 percentage points to over
By Enda Curran, Michelle Jamrisko and Catherine Bosley, Yahoo Finance (Bloomberg) — Economic shocks like the coronavirus pandemic of 2020 only arrive once every few generations, and they bring about permanent and far-reaching change. Measured by output, the world economy is well on the way to recovery from a slump
Woman sells clothing item at Washington Square Park amid coronavirus (Covid-19) pandemic as daily life continues. – November 14, 2020 (Shutterstock) By Mark Davidson & Kevin Ward, The Conversation U.S. cities are fast running out of cash. The pandemic will reduce local government revenues by an estimated US$11.6 billion in
By Megan Leonhardt, CNBC Most voters do not believe the U.S. will quickly rebound from the recession caused by the effects of coronavirus pandemic. In fact, about 65% of registered voters expect the U.S. economy to take more than a year to recover. That’s according to a new survey bill pay
