Economy

Millennials Bearing Financial Brunt of COVID-19: Survey

Millennials are bearing the brunt of the financial impact of the coronavirus pandemic across the globe and here in the United States, according to research that was released yesterday by TransUnion. Worldwide, 76% of Millennials who participated in a survey said their household incomes have been negatively impacted by COVID-19, …

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Sinking Economy May Create Record Number of BK Filings

The coronavirus pandemic has created a situation where bankruptcy professionals are “overwhelmed” with the number of inquiries they are receiving from consumers and businesses who are out of work and are running out of options, according to the executive director of the American Bankruptcy Institute, who was quoted in a …

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