New unemployment claims hit the largest number since mid-September. Forget about a holiday hiring boom this year? Just a few more weeks until many programs that have helped Americans through the pandemic expire. If congress doesn't act, this could get ugly. And to top it all off, the virus is completely out of control and new restrictions are being implemented in places around the country. When you put all these things together, what does it mean for the economy? David Fiorenza, Associate Professor of Practice at the Villanova School of Business joins KYW Newsradio in Depth to break down the biggest economic questions of the week and talk about what the week's news means for our economy.
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