Crain’s Chicago Business: Banks Pledge COVID Housing Relief Chicago
Some lenders and landlords signed a nonbinding declaration. Critics say such moves aren’t enough.
Crain’s Chicago Business: Banks Pledge COVID Housing Relief Chicago Read More »
Some lenders and landlords signed a nonbinding declaration. Critics say such moves aren’t enough.
Crain’s Chicago Business: Banks Pledge COVID Housing Relief Chicago Read More »
On May 1st, frontline workers at some of the biggest corporations in the country will lead a mass strike action, asking customers to boycott Amazon, Instacart, Whole Foods, and Target.
Vice: Amazon, Whole Foods, Instacart Workers Organize a Historic Mass Strike Read More »
Department stores still represent about 60% of the anchor space within malls today, according to Green Street Advisors. Green Street is forecasting more than half of the department stores anchoring America’s malls are going to close permanently by the end of next year.Â
The Trump administration blew $349 billion in small-business pandemic aid in four weeks, less time than it took for me to grow out my quarantine beard. That is nothing to be proud of, but President Trump still took his victory lap on Tuesday, boasting about breaking speed records for loans like it was an Olympic sport.
Rolling Stone: America Is Living Paycheck to Paycheck – On Purpose Read More »
It’s a Philadelphia story as old as Ben Franklin — with a coronavirus twist.When he came to Philadelphia 20 years ago, Diego Vivas went door to door, passing out pizza shop ad flyers to earn his bread.
A campaign dubbed Our Homes, Our Health is pressuring lawmakers to suspend rent and mortgage payments nationwide during the coronavirus crisis.
City Lab: ‘Cancel the Rent’ Could Be Just the Beginning Read More »
A top U.S. housing-market regulator said he isn’t likely to heed mortgage companies’ calls to help ease the cash-flow crunch they are expecting when Americans who lose their jobs stop making mortgage payments.
Are we at the beginning of a revolution that has yet to be named? Do we want to be? That we are on the verge of a major transformation seems obvious.
The Atlantic: The Revolution Is Under Way Already Read More »
One of the main coronavirus relief fund sources for suffering small businesses hit its $350 billion limit Thursday and is no longer accepting any more lenders or applications, the Small Business Administration announced.
The CARES act bails out homogeneous chains but ignores the local restaurants that have transformed every region of this country.
One thing we know for certain about the COVID-19 crisis is that the pain will not be shared equally. Wealth can determine everything from the quality of healthcare people can access to how well they can ride out a job loss. And inequality is baked into the system.
MarketPlace: Inequality By Design: How Redlining Continues to Shape Our Economy Read More »
Senate Majority Leader Mitch McConnell said Wednesday he favors allowing states struggling with high public employee pension costs amid the burdens of the pandemic response to declare bankruptcy rather than giving them a federal bailout.
Bloomberg: McConnell Says He Favors Allowing States to Declare Bankruptcy Read More »
They say you cannot see hunger. But what do you see in thousands of cars outside a food bank in San Antonio? Or cars lined up for hours outside supermarkets in Puerto Rico when people heard about food and water deliveries after Hurricane Maria?
The Washington Post: Our People Are Hungry. We Need a Leader Who Will Feed Them. Read More »
One day in the fall of 1969, Denis Hayes, a graduate student at Harvard, snagged a 10-minute meeting with Gaylord Nelson, a United States senator from Wisconsin who had been talking up his idea for a national teach-in about environmentalism.
The past few weeks have exposed just how much a person’s risk of infection hinges on class. Though people of all incomes are at risk of being laid off, those who can work from home are at least less likely to get sick.
The Atlantic: How the Coronavirus Could Create a New Working Class Read More »