Remove Adjustments Remove Economy Remove Shutdown
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Gov’t Shutdown Costs Creep To $11B

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A new report says that the government shutdown has cost the country about $11 billion in gross domestic product, and will impact the United States’ economic growth for the rest of the year. Earlier this month, Federal Reserve Chairman Jay Powell warned that an extended government shutdown could be damaging to the U.S.

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NY Fed President: Gov’t Shutdown Could Hinder Economic Growth

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While the Fed has hinted that it has been adjusting its U.S. 18) that the shutdown has become a hindrance for the economy, Financial Times reported. The news comes as Federal Reserve Chairman Jay Powell said earlier this month that an extended government shutdown could be damaging to the U.S.

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How Showfields Adapted To The New Digital Economy

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Showfields was faced with either closing its operation or changing its business model to shift its business online during the statewide shutdown. Adjusting to the digital shift at the pandemic’s onset was not easy, however, as it called for a fundamental reimagining of Showfields’ business model.

Economy 60
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Helping SMBs Step Up And Scale Securely In The New Digital Economy

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Both are trying to adjust their operations in real time while being besieged by an influx of fraudsters who are also determined not to let the crisis go to waste. It’s a challenge, Cohen said, but one that can be overcome — provided those SMBs can get the right kind of support.

Economy 74
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Study: New COVID Restrictions Could Permanently Close A Third Of US Restaurants

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Census Bureau data indicating a seasonally adjusted decline in restaurant sales in October — the first slippage since the industry began to claw its way back from the damage inflicted by the first wave of shutdowns. are too commonly labeled as 'super-spreaders,' and have become a convenient scapegoat for reflexive shutdowns.".

Shutdown 112
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ADP Reports Disappointing Private Sector Job Growth In July

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While the revised number for June was good news for the economy after May’s increase of 3.3 million jobs was added, the nation’s job market is short of the nearly 20 million jobs lost earlier this year as shutdowns began to prevent the spread of the coronavirus. ADP found that while June’s payroll was revised upward to 4.3

Payroll 78
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Restaurant Operators Say New COVID Restrictions Could Permanently Close A Third Of US Restaurants

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Census Bureau data indicating a seasonally adjusted decline in restaurant sales in October — the first slippage since the industry began to claw its way back from the damage inflicted by the first wave of shutdowns. are too commonly labeled as 'super-spreaders,' and have become a convenient scapegoat for reflexive shutdowns.".