About 3 years ago

04/20/2020 - Lack Of Savings Worsens The Pain Of Coronavirus Downturn

-The Wall Street Journal
Many of the millions of restaurant, hotel and store workers affected by shutdowns are expected to fall behind on rent and other bills
– The New York Times
From the New York Times opinion page: “Corporations are always concerned about new information that could harm their reputation with customers, but the pandemic has intensified their sensitivity. Today, a corporation that customers believe is not showing sufficient concern for the safety of its customers and employees could incur severe damage. So companies are willing to take significant action to avoid that fate.”
– The Wall Street Journal
In an op/ed, former FDA Head Scott Gottleib offers solutions for employers.
– The Washington Post
Fear of contagion could accelerate the general trend to more digital payments, according to the Bank of International Settlements.