Stories tagged: "economic crisis"


AP Photo/Matt Rourke
Big Companies — Not Small Businesses — Made Bank Off of Trump’s Paycheck Protection Program

Nearly 400 publicly traded companies received almost $1.3 billion in loans intended to help small businesses survive, according to an independent analysis of financial record filings.

A man walks past a closed business, Wednesday, April 29, 2020, in Chagrin Falls, Ohio. (AP Photo/Tony Dejak)
More Than 30 Million People Have Now Applied for Unemployment Benefits Since Mid-March

With more employers cutting payrolls to save money, economists have forecast that the unemployment rate for April could go as high as 20%.

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Tens of Thousands of Tenants Are Planning the Largest Rent Strike in Decades

About a third of renters didn’t pay rent in April, and with the number of unemployed at over 26 million and counting, even more are expected to have trouble paying in May.