EconomyCommentary
COVID-19 Rocks Hospitality Industry as Economy Sheds 701,000 Jobs
The start of the devastation from the Chinese virus is clearly reflected in the new monthly jobs report from the U.S. Bureau of Labor Statistics,… Read More
EconomyNews
March Jobs Report: 701,000 Jobs Lost, Unemployment Jumps to 4.4%
The U.S. economy lost 701,000 jobs in March, while the unemployment rate rose to 4.4%, according to Department of Labor data released Friday. Total nonfarm… Read More
EconomyNews
Small Business Loans to Expand for COVID-19 Relief
Small businesses will be able to access new loans starting Friday to help them stay afloat during the economic crisis wrought by the coronavirus. The… Read More
EconomyCommentary
As Unemployment Nears 10%, Here’s How Congress Can Soften the Blow
Unemployment claims spiked by 6.6 million last week, meaning more Americans became unemployed during one week than the total already unemployed before COVID-19 hit the… Read More
EconomyCommentary
Why National Environmental Policy Act Reform Matters for National Parks
One of the hidden blessings of the coronavirus pandemic is the chance to social distance at national parks, free of admission. This doesn’t make it… Read More
EconomyNews
Textile Industry Aims to Manufacture 10 Million Face Masks a Week
Businesses that normally make underwear are among those pivoting almost seamlessly to make protective face masks during the coronavirus crisis. Parkdale Mills Inc., one of… Read More
EconomyCommentary
A Warning From the Dark Hole of Debt
It is not cognitive dissonance—the impossibility of holding two or more contradictory beliefs simultaneously—to favor the $2 trillion coronavirus stimulus bill passed by Congress and… Read More
EconomyCommentary
Managing a Disaster
I’m not sure whether COVID-19, first identified in Wuhan, China, qualifies as a true disaster in the U.S. Putting the disease in perspective, we might… Read More
EconomyCommentary
Costly, Ineffective Climate Mandate for Airlines Rightly Left at Gate in COVID-19 Bill
Only in Washington would it make sense to “help” an industry and its consumers by imposing a new regulation. The House of Representatives’ coronavirus relief… Read More
EconomyCommentary
Feminists’ ‘Equal Pay Day’ Compares Apples and Oranges
Both men and women are gravely affected by the surge in unemployment due to measures aimed at containing the spread of the novel coronavirus in… Read More
EconomyCommentary
COVID-19 Underscores Need to Preserve Economic Freedom in a Crisis
The Heritage Foundation’s newly released 2020 Index of Economic Freedom provides plenty of evidence of the value of economic freedom. People in freer societies live… Read More
EconomyCommentary
Latest UN Report Forecasts Grave Economic Consequences From COVID-19 Shutdowns
The latest report from the U.N. agency that monitors worldwide trade and investment predicts a global decline in foreign direct investment of 30%-40% during 2020-2021. … Read More
EconomyAnalysis
4 Charts Show Why Temporary, Targeted Support Beats Checks to Everyone
Although everyone has been affected by COVID-19, not everyone has been affected equally. The United States now leads the world in confirmed cases of COVID-19,… Read More
EconomyCommentary
Unemployment Claims Just Spiked 1,000%. How the Left’s Approach Will Make It Worse.
Unemployment claims spiked more than 1,000% last week, with initial claims rising from 282,000 to 3.3 million as businesses laid off workers during the coronavirus… Read More
EconomyCommentary
America Needs a Formula for Reopening
This week, President Donald Trump began openly considering at what point the American government ought to take steps to reopen the American economy. He explained:… Read More
EconomyCommentary
A Public Health Crisis Is No Time for Private Pension Bailouts
Now is the time to address the COVID-19 crisis, not throw money at decades-long problems. House Democrats’ inclusion of a massive taxpayer bailout for a… Read More
EconomyCommentary
3 Fixes to Ensure a Stable Food Supply During the Coronavirus Pandemic
Maintaining a safe and reliable food supply is one of the most important concerns during the coronavirus pandemic. This includes making sure there’s enough food for… Read More
EconomyCommentary
Virtue Signaling of Plastic Bag Ban Ends Quickly in a Pandemic
Mindless virtue signaling doesn’t fare well in a real crisis. As the nation and the world confronts a deadly pandemic, and citizens, businesses, and governments… Read More
EconomyCommentary
A Harsh Lesson From the Coronavirus
If anything good can come from the coronavirus pandemic, it is the revelation of America’s overreliance on China, especially when it comes to drugs. Interviewed… Read More
EconomyAnalysis
13 Key Things to Know About the Senate’s Giant Coronavirus Bill
Congress’ response to the economic consequences of the coronavirus should be targeted, temporary, and directed at public health efforts while limiting politically motivated bailouts and… Read More
EconomyCommentary
Senators’ Images as Insider Traders Erode Public Trust in Rule of Law
Four senators came under fire last week for making financially advantageous stock trades after receiving information about the then-approaching coronavirus pandemic. The optics of that… Read More
EconomyAnalysis
Amid Coronavirus Upheaval, How to Keep Employees and Employers Connected to Jobs
The economic fallout from the national emergency over the coronavirus outbreak could last much longer than the health consequences. To limit disruption of economic activity,… Read More
EconomyAnalysis
Coronavirus Pandemic Highlights Importance of Economic Freedom
More than ever, economic freedom matters. The mysterious coronavirus, which originated in December in Wuhan, China, has engulfed countries across the globe. In dealing with… Read More
EconomyCommentary
Coronavirus Aid for Travel Industry: Prepayments, Tax Relief, Not Bailouts
While the coronavirus pandemic and its related effects have harmed all sectors of the economy, the transportation and hospitality industries have taken an especially hard… Read More
EconomyCommentary
One Small Change in the Tax Code Could Help Many Businesses in Uncertain Time
In response to coronavirus, people are staying home, canceling flights, postponing vacations, and not eating out. All the businesses that were counting on those customers… Read More
EconomyCommentary
New Index Finds Rising Tide of Economic Freedom
Governments around the world are responding to the coronavirus epidemic with a variety of measures that have the potential to curtail economic activity. It’s vital… Read More
EconomyNews
Sen. Toomey Rises ‘in Defense of Capitalism’ Against Critics on Left, Right
Families today are driving safer cars, living in larger houses, and using technology unimaginable 20 years ago. The standard of living in the United States… Read More
EconomyCommentary
How Congress Can Help Retirees Amid Market Turmoil
Stocks have plunged in recent weeks. The S&P 500 is down about 27% from its high on Feb. 19 but still hasn’t dropped to the… Read More
EconomyCommentary
Trump Should Heed Senate’s Call for Talks With Taiwan on Free Trade Pact
The Senate on Wednesday night again passed the Taiwan Allies International Protection and Enhancement Initiative (TAIPEI) Act. Sponsored by Sen. Cory Gardner, R-Colo., in the… Read More
EconomyCommentary
EPA Chief Andrew Wheeler Pulls Back His Agency’s Overreach
Andrew Wheeler recently completed his first year as the official administrator of the Environmental Protection Agency, and what a busy year it was. The EPA… Read More
