Managing Finances And Retirement During A Stay In Place Order

 

The coronavirus pandemic has created economic anxiety as the stay-at-home orders have stopped many businesses from operating and thousands of people from working.

Many federal unemployment claims have been unable to be filed because of the overwhelming demand. Monday the Illinois Department of Financial and Professional Regulation announced help for consumers struggling to make payments on their debts on the local level. On the federal level, Congress has passed a nearly $2-trillion dollar coronavirus response bill to speed up relief across the American economy.

Guests: 

Annie Logue, author and Business and Finance Lecturer at the University of Illinois Chicago.

Ben Harris, visiting professor at Northwestern University Kellogg School of Managment and former Chief Economist to Vice President Joe Biden.