Main menu


You are here

Economics

What the data say about border closures and COVID spread

As countries in Europe rush to close their borders to the United Kingdom to prevent transmission of a new — and potentially more transmissible — variant of SARS-CoV-2, research has estimated the effect of international travel restrictions on COVID-19 spread earlier in the pandemic.

Country / Region Tags: 
Problem, Solution, SitRep, or ?: 

Pharmacies’ starring role in vaccine push could result in unequal access

The Trump administration has made pharmacies a centerpiece of the country’s historic coronavirus vaccination campaign — a decision that could bypass low-income and minority populations hardest hit by the pandemic.

Country / Region Tags: 
Problem, Solution, SitRep, or ?: 

States Try to Rescue Small Businesses as U.S. Aid Is Snarled

With the economic recovery faltering and federal aid stalled in Washington, state governments are stepping in to try to help small businesses survive the pandemic winter.

The Colorado legislature held a special session last week to pass an economic aid package. Ohio is offering a new round of grants to restaurants, bars and other businesses affected by the pandemic. And in California, a new fund will use state money to backstop what could ultimately be hundreds of millions of dollars in private loans. Other states, led by both Republicans and Democrats, have announced or are considering similar measures.

Country / Region Tags: 
Problem, Solution, SitRep, or ?: 

COVID-19 Data Release Shows Where Hospitals Around The Country Are Filling Up

New data released by the Department of Health and Human Services on Monday gives the most detailed picture to date of how COVID-19 is stressing individual hospitals in the United States.

The information provides nationwide data on hospital capacity and bed use at a hospital-by-hospital level. This is the first time the federal agency has released the COVID-19 hospital data it collects at the facility level. Previously, HHS released data aggregated at the state level only.

Country / Region Tags: 
Problem, Solution, SitRep, or ?: 

As pandemic lifelines expire, Americans in housing free fall

NEW YORK (Reuters) - Clarence Hamer doesn’t expect to hang on to his house much longer.

His downstairs tenant owes him nearly $50,000 in back rent on the four-bedroom duplex he owns in Brownsville, Brooklyn. Without those rental payments, Hamer has been unable to pay the thousands he owes in heat, hot water and property taxes. In September, after exhausting his life savings, he stopped paying the mortgage, too.

“I don’t have any corporate backing or any other type of insurance,” said Hamer, a 46-year-old landlord who works for the city of New York. “All I have is my home, and it seems apparent that I’m going to lose it.”

America’s mom-and-pop landlords, along with their tenants, have been dangling by a thread for nine months. Now, with Congress still deadlocked over the contours of a second pandemic stimulus package, they are entering a new housing abyss, a perilous period of pandemic limbo as the last of the safety nets are set to expire.

Country / Region Tags: 
Problem, Solution, SitRep, or ?: 

Pages

Subscribe to Economics
howdy folks