Will we learn to live with less? Some lessons were learned when the U.S. initially closed up shop and told everyone to stay home. Continue reading
A study published in May in the Journal of Virus Eradication reported on nine potential medications that could be used to treat the coronavirus. Continue reading
In 1960, the average American spent about $147 a year on health care expenses. In 2017, that number was $10,739. In the ’60s, the health care industry represented 5% of GDP. In 2017, it was nearly 18%. Continue reading
It will be interesting to see how the job market fares over the next few months. While millions of workers have been laid off due to the coronavirus pandemic Continue reading
Sole proprietors in the U.S. caught a huge break in April. The Paycheck Protection Program, borne out of the economic hardship caused by the COVID-19 pandemic, became available to solo entrepreneurs and independent contractors on April 10, 2020. Continue reading
After a press conference in which President Trump mentioned scientists were testing the potential of using disinfectants as a coronavirus cure, poison control centers across the country reported a spike in calls. Continue reading
A recent survey by the National Endowment for Financial Education found that almost 90% of Americans were feeling anxious about their money situation. Continue reading
The Great Recession of 2008 was largely compounded by weaknesses in the U.S. banking system, making it vulnerable to economic and market declines. Continue reading
Pandemic or not, America’s businesses clearly need a plan to survive an economic downturn. If the owner of a small business has not delegated authority, a health issue affecting the owner could derail that business. Continue reading
About 8.5% of U.S. households are headed by a self-employed person. While self-employed households tend to earn higher income than salaried households, research shows they also tend to take the biggest hit during an economic downturn. Continue reading