The roughly $3 trillion in pandemic aid pumped into the economy in the spring worked to such an extent that it most likely prevented an increase in personal and commercial bankruptcies. But that is likely to change as the long shadow of the economic shock causes firms and individuals to turn to the courts ... READ MORE >
bankruptcies
Turning to self-employment: Business formation surges amid pandemic
Nine months into the era of pandemic economics, it is clear that small firms that provide services in transportation, leisure, hospitality, food and beverages are taking it on the chin. According to the Opportunity Insights economic tracker, the number of small firms has fallen 24.1% from January ... READ MORE >