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Economy

Shoppers at Fashion Valley Mall on Nov. 28, 2020.

Study: Pandemic Could Cost U.S. $3-$5 Trillion In GDP Over Two Years

Nov. 30
By City News Service

Economists project that a best-case scenario for the United States hinges on whether initial mandatory closures and social distancing measures were sufficient to control the rise in coronavirus cases.

A sign in front of the Burrito Station in North...

California Providing $500M In Pandemic Aid For Small Businesses

Nov. 30
By Associated Press

California will provide temporary tax relief and $500 million in aid to small businesses struggling because of coronavirus outbreak restrictions, Gov. Gavin Newsom announced Monday.

Said Abiyow, the Executive Director of the Soma...

California's Crackdown On Unemployment Claims Keeping Immigrants From Their Promised Benefits

Nov. 30
By Max Rivlin-Nadler

As the state combats rampant fraud , some people with legitimate claims are finding themselves locked out of their accounts. Immigrant communities are suffering the most.

Sales Associate Carlos Lopez looks over new ska...

Small Business Saturday Especially Important During Pandemic

Nov. 27
By John Carroll

Small Business Saturday is 10 years old now, but it's more important than ever this year due to the pandemic.

A Tesla automobile sits outside the California ...

US Agency Investigating Tesla Front Suspension Failures

Nov. 27
By Associated Press

The U.S. government’s road safety agency is investigating complaints that front suspensions can fail on nearly 115,000 Tesla electric vehicles.

Visitors walk toward Sleeping Beauty's Castle a...

Disney To Lay Off 4,000 More At California, Florida Parks

Nov. 27
By Associated Press

The Walt Disney Co. is announcing plans to lay off 4,000 more workers in its theme parks division in California and Florida due to the COVID-19 pandemic's effect on the industry.

A package from Amazon Prime is loaded for deliv...

Tips To Avoid Scams While Shopping Online

Nov. 27
By Alison St John, Brooke Ruth

Michelle Singletary writes about personal finances for The Washington Post and joins Midday Edition on Friday with tips on protecting our financial wellbeing when shopping online.

Shoppers at Best Buy in Mission Valley on Black...

Virus Keeps Black Friday Crowds Thin, Shoppers Shift Online

Nov. 27
By Joe Hong and Anne D'Innocenzio, Josehp Pisani and Alexandra Olson / Associated Press

After months of slumping sales and businesses toppling into bankruptcy, Black Friday is offering a small beacon of hope. But a spike in coronavirus cases is threatening the economy’s recovery from the sudden plunge in the spring.

San Diego band Scary Pierre performs to an empt...

Roundtable: How COVID-19 Changed Local Arts

Nov. 27
By Bennett Lacy, Mark Sauer

A special edition of KPBS Roundtable discusses the impact of COVID-19 on local arts, from the cancellation of big events to the pandemic's influence on artistic expression.

A closed sign at the Currant American Brasserie...

Supervisors Approve $20 Million In Business Relief Due To COVID-19 Closures

Nov. 25
By Andrew Bowen, City News Service

The Board of Supervisors voted unanimously Wednesday to approve $20 million in aid for businesses affected by San Diego County's slide into the most-restrictive purple tier of the state's four-tiered coronavirus monitoring system.

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