Erika Soderstrom

Latest Stories (52)

One key to fixing the economy? Getting low-wage workers help

Christopher Low, chief economist at FHN Financial, says low-wage workers are suffering the bulk of job losses — the opposite of what happened in 2008.
A pedestrian walks by a San Francisco restaurant closed because of COVID-19.
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U.S. economists win Nobel Prize for auction theory work

The winning economists designed auctions that allow for multiple bids over a period of time.
U.S. economists Paul Milgrom and Robert Wilson won the Nobel Prize in economics work on commercial auctions, including for goods and services difficult to sell in traditional ways such as radio frequencies, the Nobel Committee said.
Anders Wiklund/TT News Agency/AFP via Getty Images

How to find health care after a layoff in a pandemic

With the Affordable Care Act back in the spotlight, we break down the available options.
Frederic J. Brown/AFP via Getty Images

Trump's positive COVID test adds more uncertainty to volatile markets

It comes after the first presidential debate and the uncertain fate of more coronavirus relief.
Mandel Ngan/AFP via Getty Images

What Trump's taxes tell us about his finances and U.S. tax code

For years, wealthy people have gone into real estate in order to pay low or no taxes.
Joshua Roberts/Getty Images

New home sales in August hit highest level since before Great Recession

Some of what we're seeing might be making up for a spring in which people were stuck at home and not buying.
Sales of new single-family homes rose 4.8% in August and surpassed an annual rate of 1 million for the first time in 14 years.
Justin Sullivan/Getty Images

Why are banks letting corrupt money pass through their systems?

BuzzFeed senior Investigative reporter Jason Leopold talks about how and why banks have allegedly let trillions of ill-gotten money pass through their hands without taking action.
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Fed looks to overhaul laws meant to make sure lower-income Americans have access to loans

The law is meant to demand that when banks take deposits from a particular area, they also make loans there.
The Federal Reserve building in Washington, D.C.
Chip Somodevilla/Getty Images

What kind of marketing will it take to get people on board with a COVID-19 vaccine?

Health care providers are going to play an essential role in communication and education.
"The problem with the word speed is that it sounds like you're racing. And while there is a sense of a race here, the real issue is urgency," Glen Nowak says.
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U.S. debt is hitting historic heights. How much of a problem is that?

The last time the deficit was this high, as a percentage of the total economy, was 1946.
A national debt counter from mid-June. The U.S. is approaching a position it has not seen since World War II, as the amount of government debt is on pace to exceed the size of the nation's economy.
Olivier Douliery/AFP via Getty Images