Economic Indicators

The result of the shutdowns has been an economic free fall that experts caution could rival the Great Depression.

The survey found that 11% of chief executives see coronavirus as a risk to the survival of their firm

The first round of PPP deprived many small businesses from getting their hands on the money while some larger profitable businesses feasted on the low-interest loans.

States use the money to administer regular unemployment benefits.

Coca-Cola said its sales volume has fallen about 25% globally since the beginning of April, led by a decline in the company’s away-from-home channels, which represent about half of its revenue.

Growing evidence that large companies have managed to secure the coveted loans has prompted a wave of backlash against the program.

The PPP legislation was intended to help small businesses hardest hit by the coronavirus-related shutdowns and quarantines.

Congress established the program for businesses that employ fewer than 500 workers, but restaurants and hotels were granted some flexibility.

The virus has forced economies throughout the world to come to a near standstill, bringing to a screeching halt global supply chains and caused tens of millions of workers to lose their jobs.

If small businesses don't have access to the stimulus funds, they will increase layoffs — many of these employees are minorities and all of them working-class Americans — or face bankruptcy, as is happening today.

Republicans want to approve an additional $250 billion for the Paycheck Protection Program, but Democrats maintain the aid should include funding for hospitals and local government.

Republicans want to approve an additional $250 billion for the Paycheck Protection Program.

If Americans filed a 2019 or 2018 tax return, which will be used by the agency to calculate eligibility, but did not provide direct deposit information, the tool can be used to input the necessary information.

Trump presented guidelines on Thursday for U.S. states to emerge from a shutdown in three stages

Analysts say policymakers face an uphill battle to revive growth as the coronavirus pandemic ravages global demand

Oil prices drop on Chinese economy contraction

China's coronavirus crisis is expected to have tipped its economy into its first decline since at least 1992, data is set to show on Friday, raising pressure on authorities to prop up growth as mounting job losses threaten social stability

The guidelines allow for a push for normalcy in some areas even before the April 30 date previously set by the White House.

In 2018, of the nation's 82.5 million families, about 80.8 percent had at least one employed member.

At least 32 states will provide the expanded federal benefits by the end of this week.