An AICPA survey finds "a resurgent sense of optimism about the economy overall, despite the deep pain that remains in key sectors and industries."
But even amid the current surge in COVID-19 cases, an AICPA survey found executives had an improved outlook on the U.S. economy.
The central bank chair said fiscal stimulus is needed to help the economy recover from the effects of the coronavirus.
The proposal includes direct cash payments to Americans but Democrats say it unduly favors corporations.
"The strong U.S. dollar is slamming global capital markets like a sledgehammer today."
“What they want to do is hit Social Security like a wrecking ball with a massive tax cut for the country’s biggest corporations."
Amid "pervasive uncertainty" over trade, "the ECB and the U.S. Federal Reserve appear to have given up on plans to tighten [monetary] policy."
The government can't go broke, says a leading proponent of Modern Monetary Theory. What's more, the huge and growing national debt is great for the economy.
