The majority of the economic disruption will occur in fiscal 2020, but the revenue impacts will extend into the first half of fiscal 2021, says Moody's Analytics Dan White.
The Ohio Democrat argued that the public wouldn't be able to meaningfully provide feedback on rules given the stressful circumstances related to the outbreak.
The authority, which tapped its $1 billion credit line and received a warning shot from Moody's, says COVID-19 is a disaster that requires a national response.
The company's bank tellers, call-center workers and support staff are part of the roughly 70% of American workers who don’t have the ability to work from home.
Sales of previously owned homes surged in February to the fastest pace in 13 years, highlighting a flurry of activity in the housing market before the economic repercussions of the coronavirus.
More than 245,000 people were registered for the June exam as part of the three-level program to earn a credential from the most challenging test in finance.
Almost overnight, the pandemic has created a booming work-from-home economy as tens of millions of Americans are thrust into setting up home offices on the fly.
Treasury Secretary Steven Mnuchin tweeted Friday that President Trump has directed him to move Tax Day to July 15, giving taxpayers more time to file their taxes in the midst of the coronavirus pandemic.
Even for companies that support remote work, having an entire staff working from home on short notice opens new complications for B2B payments and accounts receivable.
Moody’s lowered the giant IBD network’s credit rating with sobering words that could resonate across wealth management.