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Fear and desperation on Main Street as small businesses struggle to survive despite PPP and other federal loan programs
Millions of small business owners have not received government loans under the CARES Act. Many are bootstrapping, crowdfunding and deferring mortgage payments to stay afloat.
Essential workers fall into an unemployment trap
You can’t get unemployment insurance if you’ve been deemed “essential.”
Double black swan hitting Texas drags down rest of US
In all his years in the Texas oil patch, the billionaire Russell Gordy has never seen a bust like this.
50 stocks that billionaires love
50 Top Stock Picks That Billionaires Love
Former Google CEO Eric Schmidt is reportedly no longer an advisor to the company
While Schmidt might not have his technical advisor role anymore, he remains an Alphabet shareholder after leaving the board seat he held for 18 years.
Tesla sues California county over plant shutdown
Alameda County ordered the facility closed to prevent the spread of coronavirus and said it was working with Elon Musk's electric car company to resolve the issue.
Dental practices led record job losses in April but are already bouncing back
Dental practices shed a record 503,000 jobs in April, but are already starting to bring workers back this month.
A distinct possibility: 'Temporary' layoffs may be permanent
In late March, Britney Ruby Miller, co-owner of a small chain of steakhouse restaurants, confidently proclaimed that once the viral outbreak had subsided, her company planned to recall all its laid-off workers.
80 million Chinese may already be out of work
The pandemic all but shut down China for several weeks this year, wreaking havoc on the world's second largest economy and forcing millions of people out of work.
US economy may be in for a 'square root'-shaped recovery
A small dead-cat bounce and then lower for longer is what a “square root” implies.
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