economy_crash

July 30, 2020 

Covid Causes Economy to Shrink by 32.9% in Second Quarter

Gross domestic product shrank 9.5% in the second quarter from the first, a drop that equals an annualized pace of 32.9%, the Commerce Department’s initial estimate showed on Thursday. That’s the steepest annualized decline in quarterly records dating ...

congress.5e7e132560d03[1]

July 29, 2020 

Comparing the Senate and House Covid Stimulus Bills

As we head into August, when Congress is scheduled for a recess, lawmakers are poised to present another COVID-19 relief package to the president for his signature. But the Democratic-controlled House and the Senate Republicans still have to hash out ...

 San Francisco Voters to Decide on New “CEO Tax”

July 29, 2020 

San Francisco Voters to Decide on New “CEO Tax”

If approved, a tax between 0.1%-0.6% would be tacked on to the annual business tax payment of companies in the city that compensate their executives at a rate 100 times greater than their median employee.