Posted in CARES Act CNBC Congress Economics Heritage Foundation HEROES Act Rachel Greszler Small Businesses unemployment Washington

Another 2.4 Million Americans Filed For Unemployment Last Week, 38 Million Since March

More than 38 million Americans have filed for unemployment benefits since state and local lockdowns initiated widespread economic self-destruction.

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Posted in Chamber of Commerce Congress coronavirus Economics Harvard Harvard Business School Heritage Foundation Illinois Mitch McConnell Nancy Pelosi pandemic Small Businesses unemployment University of Chicago University of Illinois

100,000 Businesses Have Permanently Collapsed Under Pandemic Lockdowns

More than 100,000 small businesses have permanently shuttered within just two months as pandemic lockdowns devastated the nation’s economy.

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Posted in CARES Act Congress coronavirus Economics HEROES Act Jobless Nancy Pelosi pandemic Pandemic Panic unemployment Wuhan coronavirus

Pandemic Panic Laid Off Nearly 3 Million Americans Last Week, 36 Million Within Two Months

New data from the Department of Labor released Thursday shows nearly 3 million Americans filed for first-time unemployment benefits last week as the economic toll…

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Posted in blue-collar jobs Congress coronavirus Covid-19 debt deficit Economics Economy Government Spending pandemic retirement Stock Market Taxes Wuhan coronavirus Wuhan virus

How Trillion-Dollar Deficits Kill Blue-Collar America, And Coronavirus Bailouts Make It Worse

Because of the coronavirus bailouts, the federal deficit is now expected to be $3.7 trillion for fiscal year 2020. This is a huge drag on…

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Posted in CARES Act Congress coronavirus Economics Heritage Foundation Jobless Labor Department pandemic unemployment

Over 33 Million People Have Filed For Unemployment Since Coronavirus Panic Began

New data from the Department of Labor shows 3.2 million Americans filed fresh claims for unemployment last week bringing the pandemic total over 33 million.

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Posted in CARES Act Congress Economics Jobless Labor Department stimulus testing unemployment Vaccine

New Unemployment Claims Top 30 Million As Pandemic Panic Pushes People Out Of Work

New data from the Department of Labor Thursday reveals more than 3.8 million people filed for unemployment bringing the six week total to 30 million.

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Posted in Climate Change Congress coronavirus Economy Environment Green New Deal Greta Thunberg health Left Media Politics Rashida Tlaib socialism Sonya Renee Taylor

Americans Persevere amid Coronavirus Crisis Despite Left’s Efforts to Remake America

The American people have daily faced the grim realities of coronavirus, but leftists hope the disease will change America forever.

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Posted in Amazon Congress Economy Jeff Bezos Master of the Universe Politics Tech Wall Street Journal

WSJ: Amazon Uses Data from Sellers to Launch Competing Products

If you’re a business selling your products through Amazon, the e-commerce giant may use data on your products and sales to develop its own, competing…

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Posted in CARES Act CNBC Congress Economics Labor Department PPP small business spa unemployment Washington state

Spa Workers Making More On Unemployment Upset To Receive Small Business Loan

Employees at a spa in Washington state are upset to be going back on payroll through the PPP after raking in more cash on unemployment.

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Posted in 2017 Tax Cuts and Jobs Act Business businesses CARES Act Congress coronavirus Covid-19 Sheldon Whitehouse small business owners stimulus package Taxes Wuhan coronavirus Wuhan virus

No, Boosting Small Businesses Isn’t Rich People ‘Looting’ Taxpayers

Far from a naked handout to rich guys, the minor change under the stimulus package reduces taxes on business owners with the aim of making…

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Posted in Congress Democrats Economics Economy Labor Department MetLife Republicans Senate Small Businesses Tennessee U.S. Chamber of Commerce

Unemployment Claims Continue To Skyrocket Amid Wuhan Virus Pandemic With 6.6 Million New Filings Last Week

The three-week total of new unemployment claims is 16.8 million as the economic fallout over the Wuhan coronavirus continues to take its toll.

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Posted in Congress coronavirus Donald Trump Economy health infrastructure Politics

Donald Trump: Phase Four of Coronavirus Rescue Should Be $2 Trillion Infrastructure Bill

President Donald Trump on Tuesday announced that he wanted Congress to pass a $2 trillion infrastructure bill to strengthen the economy during the coronavirus crisis.

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Posted in Congress DHS Donald Trump Economy EEOC H-1b visas Immigration India Indian workers Jame Otto John Miano labor rights Politics Ron Hira visa workers

U.S. Graduates Expect Mass Layoffs as Companies Keep Hiring H-1B Visa Workers

Many American graduates will lose their jobs in the coronavirus meltdown unless they pressure C-suite executives to shrink the million-plus H-1B visa workers on the…

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Posted in Business Congress coronavirus employment pandemic small business small business owners unemployment Wuhan flu Wuhan virus

Dear Congress: I’m A Small Business Owner. Here’s What My Business Needs To Survive

People would rather keep their jobs than be unemployed and receive a monthly check that doesn’t cover their bills.

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Posted in Budget Congress Congressional Budget Office debt deficit Entitlements federal budget federal debt Federal Reserve federal spending Green New Deal Jerome Powell Medicare for all

Federal Reserve Chair: Our Massive Federal Budget Deficits Are Unsustainable

Jerome Powell, the chairman of the Federal Reserve, issued an ominous warning to lawmakers Wednesday that the federal budget is on ‘an unsustainable path.’

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