Shirley12

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Shirley12
Businesses On The Verge Of Commence
~0.5 mins read
Governor Gavin Newsom and state officials revealed the guidelines reopen some "low-risk" workplaces to reopen with restrictions.

With these guidelines, California will be able to move into Stage 2 if the roadmap to recovery, meaning businesses like clothing stores, florists, bookstores, and sporting goods stores will be allowed to reopen with curbside pickups. The stores will be able to open as early as Friday

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Shirley12
The Economy
~0.7 mins read
As the fallout from COVID-19 adds hundreds of billions of dollars to the national debt, senior federal officials say there will be no aggressive attempts at deficit reduction until Canada's economic recovery is well underway.

Instead, the immediate aim will be to keep using the government's balance sheet to extend federal aid programs and eventually ramp up stimulus spending, instead of trying to quickly reduce the deficit.

"I think [deficit reduction] really can't happen until you know the full extent of the damage and until you get a measurement of what this did to us," said a senior federal official speaking on background.

"If you want to make this as painless as possible for people, you wouldn't rush it."

The federal deficit is ballooning due to the combination of multi-billion dollar aid programs and an economic slump that dwarfs any other recession in modern history.

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