Black and minority ethnic businesses need support to weather the pandemic

Nov 02, 2020 10:28 am UTC| Economy

The coronavirus pandemic has highlighted underlying inequalities that ethnic minorities face in the UK. In England, both death rates and hospital admission rates are more than twice as high for Black people or people from...

COVID-19 is increasing poverty – but also support for tax rises to tackle it

Nov 02, 2020 10:27 am UTC| Economy

Poverty and inequality were already high and rising in the UK before the coronavirus hit. Now, the pandemic is creating an even greater gulf between those whose debts are increasing and those whose savings are growing....

Fact check US: Is the US economy recovering, as Donald Trump claims?

Nov 02, 2020 09:26 am UTC| Economy

His eye on the upcoming election, Donald Trump keeps repeating that the US economy is on an upswing and the phenomenal job of his administration did is responsible. So we built the greatest economy in history… we...

The demise of the department store heralds a shift in downtown areas

Nov 02, 2020 09:17 am UTC| Economy

Over the past year, cities have become remarkably different places. The response to the ongoing coronavirus pandemic has resulted in less active public and shared spaces like parks, malls, streets and retail. In most...

Huge government debts mean Canada is robbing its kids

Nov 02, 2020 09:16 am UTC| Economy

Before the pandemic, the combined federal and provincial Canadian debt totalled $1.4 trillion. And since then, this debt has rapidly grown, with governments borrowing another $300 billion in the current year alone. This...

The suburbs are the future of post-COVID retail

Nov 02, 2020 07:05 am UTC| Economy

The COVID-19 pandemic delivered a body blow to CBD retailers, but its just the latest of their challenges in recent years. They were already under pressure from cautious consumer spending, intense competition from online...

US consumer spending surpasses expectations in September, but outlook dimmer in Q4

Oct 31, 2020 22:56 pm UTC| Economy

US consumer spending rose 1.4 percent in September, surpassing analysts expectations of a 1 percent increase, but decreasing benefits for the unemployed, cooling temperatures and a COVID-19 resurgence could cut spending in...