An executive order temporarily closing or limiting some Minnesota businesses is expected to trigger the largest unemployment payout in state history. The commissioner handling that effort spoke with MPR News’ All Things Considered host Tom Crann.
Some Republican lawmakers are questioning whether Gov. Tim Walz went too far in ordering bars, restaurants and other businesses to close in an effort to slow the spread of COVID-19.
In a rebound from its record plunge, the Dow gained more than 1,000 points as the White House planned a massive stimulus package and the Fed set up a new loan program to boost the economy.
Nearly 20% of U.S. households have experienced either a layoff or a reduction in work hours because of the coronavirus, according to a new NPR/PBS Newshour/Marist poll.
The White House is proposing a roughly $850 billion emergency stimulus to address the economic cost of the new coronavirus. The request will be outlined to Senate Republicans Tuesday and will aim to provide relief for small businesses and the airline industry and include a massive tax cut for wage-earners.
The Minnesota Department of Employment and Economic Development is encouraging people who’ve lost work because of the novel coronavirus to apply for unemployment benefits promptly.
The Dow tumbled nearly 13 percent after the Federal Reserve aggressively cut interest rates to near zero and as the nation imposed more restrictions in an effort to curb the spread of the coronavirus.
Thousands of bottles of hand sanitizer and packs of antibacterial wipes and medical masks have been donated after a failed attempt by two Tennessee brothers to resell them for profit.
With businesses and schools closing their buildings to stop the spread of the coronavirus, many Minnesotans are quickly learning the realities of working from home. Making it work involves planning and some ingenuity, particularly if there are children at home.
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