The divide between Wall Street and Main Street has grown sharply in recent weeks, amid the coronavirus pandemic and widespread civil unrest. To many, the […]
Tag: Main
Why Main Street is suffering while Wall Street is soaring
Although nearly 40 million Americans have lost their jobs and small businesses are struggling to stay solvent, you might not realize that if you only […]
What happens to Main Street when even the biggest retailers can’t pay rent?
From Gap to Staples to Burlington Stores, retailers large and small have stopped paying rent amid the coronavirus pandemic. With April and May rent already […]
Is the Federal Reserve helping Main Street or Wall Street?
The Federal Reserve pledged Wednesday to keep interest rates at current levels, while noting that the coronavirus pandemic will continue to weigh heavily on the […]
What can the Fed do to help Main Street, not Wall Street?
The markets continued their downward trajectory Monday in spite of a sweeping pledge from the Federal Reserve to support the economy as coronavirus shutdowns accelerated […]