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Articles on US Economy

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Highly skilled workers and international students in the U.S. are the latest group to be targeted by the Trump adminstration’s restrictive immigration policies. THE CANADIAN PRESS/Ryan Remiorz

Trump’s suspension of H-1B visas is a racist attack on immigrants — and a bad move for the economy

By making skilled workers the target of his latest anti-immigration policy, U.S. president Trump signals that he is willing to play to his far right base even if it undermines America's economic interests.
People wearing protective masks form lines to receive free food from a food pantry run by the Council of Peoples Organization on May 8, 2020 in the Midwood neighborhood of Brooklyn, New York. Andrew Lichtenstein/Corbis via Getty Images

Coronavirus-related debt will live in digital profiles for years – hurting Americans’ ability to get jobs, apartments and credit

For economically strapped Americans, the financial fallout from the epidemic may be permanently embedded in their digital profiles, making it harder for them to regain their economic footing.
When the shuttered economy reopens, how many black Americans will be left out in the cold? http://www.apimages.com/metadata/Index/Virus-Outbreak-Unemployment-Funds/390acd85a7b94a2a8cfddfdd414dacfa/1/0Mark Lennihan

Black Americans are bearing the brunt of coronavirus recession – this should come as no surprise

Black Americans were left especially vulnerable to the economic impact of COVID-19 and history shows it will take them longer to rebound.
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.
California is working with Oregon and Washington on coordinated plans for phasing in the reopening of restaurants, stores and other parts of their economies in a way that can keep the coronavirus pandemic at bay. Amy Sussman/Getty Images

Why there isn’t a one-size-fits-all plan for states to reopen their economies

How and when the US economy reopens will look different state to state, and for good reasons. This Q&A explains why, and why some states are working together.

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