The article presents insights on the emergence of fraud involved in the Covid-19 relief funds in the U.S. Topics discussed include results of a study by the U.S. Department of Labor's Inspector General on the Covid-19 relief, the estimated amount of funds that may be obtained by fraudsters through issuance of unemployment insuran...
The longer the recession, the more likely additional policy actions will be needed. The $2 trillion relief bill is roughly 10% of annual gross domestic product. Thus, it makes up for perhaps 1 month of the contraction the economy is currently experiencing. If the retrenchment goes much longer...
How will personal care and beauty categories perform after the outbreak of Covid-19? We have the following predictions: 1. Short-term influence on hair care During SARS outbreak in 2003 there was no official quarantine policy from government so most consumers still maintained their regular pace...
How will the coronavirus crisis affect payments economics?There is no definitive answer. Much depends on the complex interplay between economic activity, the interest-rate landscape and associated liquidity patterns, and the evolution of individual and collective behavior....
The COVID-19 pandemic promises to intensify the appeal of this hot field and its growing array of programs at the college level.
In the wake of financial challenges caused by the COVID-19 pandemic, the federal government provided temporary relief to many federal student loan borrowers. In March 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security Act, known as the CARES Act, which suspended m...
As India faces a devastating second surge of the COVID-19 pandemic, we are seeing yet again the ways in which disasters magnify existing inequities.Across
the House is expected to pass the $1.9 trillion COVID relief package, and then President Biden will sign it into law. The legislation sends money just about everywhere — to families struggling to get by, to states and cities where tax revenue has fallen, to restaurants and to the unemploye...
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