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Economy – Articles, Analysis, Opinion

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New research hints at why Germany’s death toll from COVID-19 was relatively low while Italy’s and America’s spiked. Piero Cruciatti/AFP/Getty Images

Fast-acting countries cut their coronavirus death rates while US delays cost thousands of lives

Over the first 100 days of the pandemic, countries that quickly implemented strong policies successfully lowered their death rates faster. There were also some surprises in the successes and failures.
The demand for services nonprofits offer is surging. Paul Bersebach/MediaNews Group/Orange County Register via Getty Images

A $300 charitable deduction, explained

This measure, included in a pandemic relief package, is supposed to encourage Americans to give more to nonprofits.
The courts are sheltering in place too. 101cats/Getty Images

Bankruptcy courts ill-prepared for tsunami of people going broke from coronavirus shutdown

The bankruptcy system has always been difficult to navigate, especially for minorities and other vulnerable groups. The pandemic is making it a lot harder.
Are they spending as much on the needs of others as the rest of us? cdwheatley/Getty Images

Rich folks aren’t that stingy after all

Reliable data on charitable giving is hard to come by. But based on the information available, very rich people are at least as generous as everyone else.
As larger percentages of the U.S. population become infected, a study shows how direct medical expenses for treating COVID-19 will rise. Those costs will come back to everyone. Scott Eisen/Getty Images

Coronavirus medical costs could soar into hundreds of billions as more Americans become infected

Reopening state economies too soon risks a second wave of the pandemic, and a surge in medical costs. Anyone who pays insurance premiums and taxes will be picking up the tab.