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  2. Data reveals rising economic 'distress' across America ... - AOL

    www.aol.com/finance/data-reveals-rising-economic...

    Data from the Economic Innovation Group's (EIG) Distressed Communities Index shows that as of 2023, local economies across America still hadn't fully recovered from the effects of the COVID-19 ...

  3. Economic impact of the COVID-19 pandemic in the United States

    en.wikipedia.org/wiki/Economic_impact_of_the...

    Due to the COVID-19 pandemic, Congress and President Trump enacted the $2.2 trillion Coronavirus Aid, Relief, and Economic Security Act (CARES) on March 18, 2020. The Congressional Budget Office estimated that the budget deficit for fiscal year 2020 would increase to $3.3 trillion or 16% GDP, more than triple that of 2019 and the largest ...

  4. Inflation rose to 5-month high in December. What that means ...

    www.aol.com/inflation-rises-third-month-2...

    And airline fares increased by 3.9%, a rise that Pantheon Macroeconomics traced to a busy holiday travel season. The cost of medical services rose 0.2% but that’s down from recent increases.

  5. Fed officials signal more gradual approach to lowering rates ...

    www.aol.com/finance/fed-officials-signal-more...

    Federal Reserve governor Lisa Cook said Monday it makes sense to lower interest rates more gradually given resilience in the job market and stickier-than-expected inflation, the latest central ...

  6. Financial market impact of the COVID-19 pandemic - Wikipedia

    en.wikipedia.org/wiki/Financial_market_impact_of...

    Economic turmoil associated with the COVID-19 pandemic has had wide-ranging and severe impacts upon financial markets, including stock, bond, and commodity (including crude oil and gold) markets. Major events included a described Russia–Saudi Arabia oil price war , which after failing to reach an OPEC+ agreement resulted in a collapse of ...

  7. Economic impact of the COVID-19 pandemic - Wikipedia

    en.wikipedia.org/wiki/Economic_impact_of_the...

    The Pandemic Emergency Purchase Programme (PEPP) was a monetary policy initiative launched by the European Central Bank (ECB) in March 2020 to mitigate the economic impact of the COVID-19 pandemic. Its primary goals were to maintain price stability, ensure favorable financing conditions across the eurozone, and safeguard the transmission of ...

  8. This is America’s ‘fatal flaw’ as the U.S. bubble gets ready ...

    www.aol.com/finance/america-fatal-flaw-us-bubble...

    The market expert followed up his earlier "mother of all bubbles" warning with another column in the Financial Times last week that laid out how the bubble of U.S. outperformance versus the rest ...

  9. Impact of the COVID-19 pandemic - Wikipedia

    en.wikipedia.org/.../Impact_of_the_COVID-19_pandemic

    As of 2023, the COVID-19 pandemic is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS CoV‑2). Its effect has been broad, affecting general society, the global economy, culture, ecology, politics, and other areas.