by Malik Runswick | Mar 27, 2020 | Business Economics
The historic $2 trillion emergency relief bill approved by the U.S. Senate includes a $350 billion loan program aimed at helping small businesses weather the economic storm from the coronavirus. CNBC said the Paycheck Protection Program could be a “potential lifeline” for small businesses though an official at the National Federation of Independent Business said […]
by Malik Runswick | Mar 15, 2020 | Business Education
U.S. airlines are strong enough financially to weather at least a temporary drop in demand due to travel restrictions resulting from the coronavirus outbreak, according to Fitch Ratings. The credit rating agency said in a report that “North American carriers should be...
by Malik Runswick | Mar 11, 2020 | Business Economics
As the coronavirus outbreak impacts the sale of poultry, jackfruit (“kathal”) is emerging as a preferred alternative according to media reports. Jackfruit is now selling at ₹120 per kilogram, more expensive than the standard price of ₹80 for chicken. The prices of...
by Malik Runswick | Mar 9, 2020 | Business Ownership
Investors spooked by the coronavirus outbreak continued to flock to the safe haven of government debt on Friday, driving the yield on the 10-year Treasury note to record lows. After sinking to an all-time low of 0.6572% early in the day, the yield on 10-year debt...
by Malik Runswick | Mar 4, 2020 | Business Education
The U.S. Federal Reserve did a monetary about-turn on Tuesday in response to the coronavirus outbreak, announcing an emergency cut in the benchmark interest rate to preempt a sharp downturn in the economy. As recently as late January, the Fed had signaled it had no...
