The damage is done. Most small businesses will not come back, nor will jobs. t.co/2kiUuGFOz7
— š®šš š¢ļø (@chigrl) May 20, 2020
A Census Bureau report shows nearly half of U.S. households have lost income since the coronavirus pandemic prompted economic lockdowns t.co/uaTPphFDFJ
— WSJ Central Banks (@WSJCentralBanks) May 20, 2020
A gentle reminder that zombie companies donāt happen overnight. These walking dead were on life support before the coronavirus. The only reason restructuring is not the next step is because the Fed has pried capital markets back to delay the inevitable with liquidity infusions. t.co/qAqBDrxH6e
— Danielle DiMartino Booth (@DiMartinoBooth) May 20, 2020
Taxes on corporate income as a % of total corporate profits: pic.twitter.com/3HOn4NcGXq
— Eric Basmajian (@EPBResearch) May 20, 2020
Shopping Malls Are Reopening, but Visits Are Still Way Down. Here Are the Numbers.
After staying shut down for weeks, shopping malls across the country have opened their doors again as many states lifted lockdown restrictions.
But that doesnāt mean consumers are immediately returning to shopping the way they did before the pandemic. Many are still concerned about the danger of coronavirus infections in public spaces, and millions have lost their jobs. At the same time, some stores have imposed restrictions of their own, allowing fewer people to enter to allow for social distancing, or reducing operating…
Global Coronavirus Cases Top 5 Million