Are you getting tired of hearing the word ‘unprecedented’? I certainly am,but it does seem the best descriptor for the times we’re in. We’ve never experienced the combination of a health and economic crisis, and although there are positive signs on the horizon, the...
This coronavirus is novel not only for its first appearance in humans but also for the impact it stands to have on the world economy. The threat is unprecedented and the ultimate toll uncertain. The unfolding calamity is at turns similar to the financial crisis,...
The headlines about the coronavirus and reports of how it will impact the economy and potentially lead to a recession are all a cause for concern. The total impact of the extreme slowdown and virtual shutdown of many businesses is yet to be seen. However, many...
Coronavirus-related tax changes that will affect many Americans and many businesses are already on the table or about to be served up. As this column was written, Congress was working on a huge new coronavirus relief bill that will surely include a massive economic...
On Sunday, the Federal Reserve cut its short-term benchmark rate by 1 percentage point to near zero ahead of its scheduled March meeting to fight the economic fallout of the coronavirus pandemic. The move lowers the federal-funds rate to a range between 0% and 0.25%....
