News

2020

August

10

• The coming eviction crisis. If the federal government repeats the mistakes of the last recession, millions of Americans will lose their apartments and homes.

• American could control the pandemic by Oct. if we start now.. Scientists have learned a lot about this coronavirus since the first cases were reported in the United States earlier this year. Just because America has largely bungled taking firm action so far doesn’t

• Dems assail Trump actions on payroll tax, jobless aid as unworkable. Trump administration officials defended the president’s moves and said they were necessary because Democrats wouldn’t compromise on a broad coronavirus relief package.

07

• Trump order requires government to ‘buy American’ for certain essential drugs. Impact is unknown, as the FDA is tasked with creating a list of medicines that must be manufactured in the United States.

• Small business relief program nears end. The Paycheck Protection Program provided respite for hard-hit small businesses, but it is ending soon. With no word on further government help, owners worry about their fate.

• The $600 unemployment aid debate, explained. The typical unemployed American was receiving about $930 a week from late March to late July. That has now been cut to about $330 a week.

• Wave of evictions expected as moratoriums end in many states. Around 30 state moratoriums have expired since May, according to The Eviction Lab at Princeton University. On top of that, some tenants were already encountering illegal evictions even with the moratoriums.

06

• Going cashless during COVID makes life even more difficult for the unbanked. The coronavirus pandemic has caused people to shift away from cash transactions for fear of coming in contact with coronavirus on the surface of dollar bills and coins they receive in change. Out of an

• Used car prices spiking. If you were hoping to find some savings during the COVID-19 pandemic, you won't find them in the used-car market, unfortunately. “It’s a seller’s market right now," said

• Interest rates are low, but loans are harder to get. Here’s why. It’s not unusual for lenders to tighten the credit reins during a downturn, but the current situation has made it especially challenging for them to get an accurate read on consumers’ financial

• The unique U.S. failure to control the virus. Nearly every country has struggled to contain the coronavirus and made mistakes along the way. Yet even with all of these problems, one country stands alone, as the only affluent nation to have suffered a

• Is it safe to book a flight after airline bailout restrictions expire?. Oct. 1 will be a day of reckoning for the airline industry: Airlines will then be free to start downsizing. American and Delta are also reportedly planning layoffs this year, as are smaller carriers like Alaska

05

• No relief bill, no vacation for Congress. On Friday, Congress effectively pushed millions of Americans off a financial cliff when it failed to extend the enhanced unemployment benefits put in place in March to soften the economic pain of the coronavirus pandemic.

• Student-parents struggle to juggle college, work and childcare. The pandemic and all of its health, financial and logistical challenges are amplifying the obstacles to earning a degree that student-parents face under normal circumstances, experts say.  For these parents, many of whom work,

• Evictions to hit ‘unprecedented’ level as federal relief stalls. Without federal intervention, housing experts and advocates warn of an unprecedented wave of evictions in the coming months, and one far more devastating than the round that came after the 2008 foreclosure crisis.

• Interest rates are lower. But loans are harder to get. Why?. The economic crisis caused by the pandemic has driven interest rates to rock-bottom levels, meaning there has hardly been a better time to borrow. But with tens of millions of people out of work

• Columna: Una “proliferación sin precedentes” de estafas por coronavirus está barriendo la nación. Los funcionarios advierten que las llamadas fraudulentas y las estafas de COVID-19 están aumentando como resultado de que la gente se quede en casa.

04

• For the unemployed, rising grocery prices strain budgets even more. The cost of groceries has been rising at the fastest pace in decades since the coronavirus pandemic seized the U.S. economy, leading to sticker shock for basic staples like beef and eggs and forcing

• Here's how to ride the stock market if you're close to retirement. "...if you’re within a few years of retiring or if you’re retired, it’s understandable that you’re still worried about losses for funds you need in the

• Juez: Negar asistencia pública discrimina a puertorriqueños. Un juez federal falló el lunes que es inconstitucional negar acceso a tres programas federales de asistencia pública a los puertorriqueños que viven en territorio de Estados Unidos, una importante