New startling data reveal than just 29% of the unemployed in the U.S. received benefits in the month of March. Payment rates varied among states. In the worst state, Florida, only 7.6% of claimants received benefits. Continue reading Study: Less than 1/3 of Unemployed Americans Received Benefits in March
As of 4/27, the billionaire mogul’s net worth was $144 billion, up from $113 earlier in the month — a 27% increase. Continue reading Jeff Bezos is Over $30 Billion Richer Amid Covid-19 Pandemic
Disney has cut pay for 100,000 in response to the Covid 19 pandemic. Abigail Disney, grand-niece of founder Walt Disney, publicly criticized the move. A $1.5 billion dividend package for investors and executives will be left intact. Continue reading “WHAT THE ACTUAL F***??” Abigail Disney calls out Disney for Cutting Pay for 100,000 Workers
This is the fifth historic week for unemployment numbers, bringing the total to 26.5 million since March 14th. Continue reading Additional 4.4 Million Americans Filed for Unemployment This Week
New data show that nearly 1/3 of U.S. renters did not pay rent for the month of April.
The Covid-19 pandemic continues to ravage economic life for workers in the U.S. Continue reading Nearly 1/3 of Renters Did Not Pay Rent in April
22 million people, or 13.5% of the entire U.S. workforce has filed for unemployment in the last month. Continue reading 22 Million People Have Filed For Unemployment in the Last Month
Retail spending cratered a record 8.7% in March. The new record dwarfs the previous record of 3.9%. Continue reading Retail Sales Plunge Record 8.7% Last Month
A new survey finds 43% of U.S. small businesses are fighting for survival in the wake of the Covid-19 pandemic.
24% of businesses surveyed have already closed on a temporary basis. Continue reading Survey Finds Almost Half of U.S. Small Business Will Permanently Close Without Help Soon
The study found that of the 379 profitable companies, 91 paid no federal income taxes. A further 56 companies paid rates between 0% and 5%. Continue reading Study: One Quarter of Profitable Fortune 500 Companies Paid $0 in Federal Income Taxes in 2018
The bill includes one-time payments of up to $1,200 for individuals, $2,400 for married couples filing jointly, and $500 per child. Continue reading $2 Trillion Coronavirus Relief Bill Signed into Law