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starboy

03/09/20 9:01 PM

#38861 RE: the cork #38860

Why the Outlook for the Economy Just Got Worse (NY Times)

https://www.msn.com/en-us/money/markets/why-the-outlook-for-the-economy-just-got-worse/ar-BB10X9S5?li=BBnb7Kz&ocid=hplocalnews

Excerpt: "The United States has experienced something like this before, in late 2015 and early 2016, when a drop in commodity prices caused an economic slump that was most pronounced in the oil patch and in heavy industry.

In that episode, the overall United States economy kept humming along because consumer spending and service industries were mostly unaffected. What makes the outlook for 2020 seem so different is that the oil price swoon is coming at the same time coronavirus appears likely to wallop those sectors."
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Giovanni

03/10/20 10:05 AM

#38865 RE: the cork #38860


Boston Business Journal March 10, 2020
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Students shouldn't return to campus, Harvard says, citing coronavirus

By Hilary Burns / In an effort to limit exposure to the growing coronavirus outbreak, Harvard University has asked students not to return to campus after spring break.

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