J.C. Penney becomes the latest in a line of major retailers to declare bankruptcy. Federal Reserve Chair Jerome Powell’s message to the government on COVID-19 relief. Walmart earnings and how our shopping habits have changed.
Federal Reserve Chair Jerome Powell thinks it might take until the end of 2021 for the economy to recover. Auto companies take steps to protect workers as car factories reopen. What’s it like to be hired remotely during this pandemic?
Will a $1 trillion stimulus be enough to spur Japan’s economic recovery? Seventy percent of India’s hotels could close due to COVID-19, as economic forecasts worsen. Airlines struggle to deal with the impact of quarantine measures.
A 16% drop in retail sales for April. Federal regulators have raised a question about the accuracy of a new COVID-19 test. Data that one vaccine from Oxford is working in monkeys. How farmers in the Northwest are doing.
As states ease restrictions, businesses begin making plans for reopening. And some of those plans call for the employees to enforce social distancing. Have oil prices bottomed out, with more people moving around? Pawnshops are seeing more business.
Bars and restaurants in much of Europe and Australia have started to welcome back customers. Germany heads into recession as the economy shrinks 2%. How mass transit systems around the world are trying to get back up and running.
Almost 3 million more people filed for unemployment last week. Some groups are getting hit harder than others. And, British cheesemakers lost a lot of business with the closing of restaurants. Direct-to-consumer sales are alleviating some of their surpluses.
Gig workers are eligible for unemployment benefits, but they might be getting less money than they should. And, Marketplace’s podcast “The Uncertain Hour” has a new season out now on public policy and “A History of Now.”
