Why has COVID-19 hurt small businesses so much more than large ones?

New unemployment claims for last week dropped under a million for the first time since March. Congress left DC without passing another relief bill. Small businesses have gotten hammered by the pandemic, more than their bigger counterparts. Have the Federal Reserve's lending practices been fair or effective? David Fiorenza, Associate Professor of Practice at the Villanova School of Business joins KYW in Depth to break down the good news and the news that isn't so good about the American economy right now. See omnystudio.com/policies/listener for privacy information.

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