The Centers for Disease Control and Prevention implemented a temporary eviction moratorium through the end of the year, protecting U.S. renters from losing their homes during the COVID-19 pandemic, the Trump administration announced Tuesday. The CDC’s moratorium will apply to all rental units nationwide until Dec. 31 and goes into …
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Roman Pilipey/Shutterstock HONG KONG ( Project Syndicate) – In 1960, the Nobel laureate economist Ronald H. Coase introduced the “problem of social cost”: human activities often have negative externalities, so individual rights cannot be absolute. Institutions must intervene. There is no better example of this dynamic than the COVID-19 crisis. While virtually …
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“ Every business is at risk of losing those who drive innovation. ” When employees shifted to working remotely five months ago, few thought it would last this long. Now, an estimated 30 million Americans are unemployed, with one in five workers collecting unemployment benefits. The U.S. recession is deepening, …
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Failing to hand over refunds to customers is a direct breach of guidance from European and U.K. authorities. Yet several tour operators have failed to refund customers their money. Some of Europe’s largest travel companies are holding on to their customers’ cash months after trips were canceled because of coronavirus. …
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A woman wears a face mask and goggles walks at LAX airport in Los Angeles. A new study in the latest edition of the American Journal of Tropical Medicine and Hygiene identified 2,311 reports of rumors, stigma and conspiracy theories in 25 languages from 87 countries related to COVID-19. (Photo: …
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Americans didn’t feel any better about the economy or their own financial situation in August than they did in the previous month, reflecting broad worries about the still-spreading coronavirus and the likelihood of a slow recovery, a new survey showed. The preliminary reading of the consumer sentiment survey in August …
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President Donald Trump on Friday evening signaled he is close to issuing executive orders to make an end run around a stalled stimulus package with Congressional Democrats but stopped short of issuing them. Trump said the orders might be issued before next week. “They are being drawn by the lawyers …
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The U.S. case tally for the coronavirus illness COVID-19 rose by fewer than 50,000 on Monday for a second straight day, data aggregated by Johns Hopkins University showed, although cases were rising in some states that had seemed to get the spread under control earlier this year. The U.S. added …
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Melbourne, which had been named the “world’s most livable city” for seven straight years before being beaten out by Vienna in 2018, won’t be feeling quite so livable for the next six weeks. Australia’s second-biggest city faces strict lockdown measures as the state of Victoria saw another record spike in …
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