“The longer it takes, the deeper the ongoing slowdown will be,” said Pantheon Macroeconomics chief economist Ian Shepherdson. “Fed data shows that 40 percent of U.S. households would not be able to come up with $400 for an emergency expense, and data from 2019 shows that 53 percent of U.S.Continue Reading

By now, you may have noticed a divide among your friends. As social distancing and self-imposed quarantine wear on and more workplaces urge employees to avoid the office, the Covid-19 outbreak has left many people more alone than they’ve been in a long time, or ever. Some are responding byContinue Reading

In fairness to the Democrats, their 1,400-page draft had nothing about windmills. But in fairness to Trump, windmills were among the few Democratic priorities that didn’t appear in the “Take Responsibility for Workers and Families Act” that the House floated Monday night. The proposal did include extra funding for workersContinue Reading

“Our dining room table is now kind of command central,” said Rep. Dean Phillips (D-Minn.), who has spent the recess holding teleconference after teleconference, including one with Sen. Tina Smith, a fellow Minnesota Democrat, that drew thousands of attendees. The experience, according to lawmakers and aides, has been more thanContinue Reading