From This Collection

Most fast-food franchises have bounced back in short order

Aug 5, 2020
Pizza chains and others that allow for social distancing have done especially well. Those that depend on breakfast haven't.
An employee directs drive-thru traffic at a crowded McDonald's in Scotland.
Jeff J. Mitchell/Getty Images

College students and businesses unsure what the fall semester will look like

Aug 4, 2020
A look at how businesses on the campus of the University of Texas at Austin will be affected.
Students walk on Havard University's campus in July.
Maddie Meyer/Getty Images

One reason why Black-owned businesses have fared worse in the pandemic: weaker banking relationships

Aug 4, 2020
That leaves them restricted access to capital, according to a study by the New York Fed.
A beauty product booth at a Black-owned business expo in Florida. The number of Black business owners in the U.S. fell more than 40% between February and April, according to a New York Fed study.
Octavio Jones/Getty Images

CEOs call on Washington to help small businesses

Aug 4, 2020
Over 100 current and former corporate leaders sign a letter urging Congress to provide more relief to a huge sector that includes many of their suppliers and customers.
A shuttered small business in Brooklyn. Large corporations want small businesses to be kept afloat because the two sectors are interdependent.
Spencer Platt/Getty Images

When collegiate sports are sidelined, schools and local economies take a hit

Aug 4, 2020
Competitive athletic programs are vital to collegiate economics, one expert says. Local businesses depend on them, too.
The Virginia Cavaliers celebrate their victory over the Texas Tech Red Raiders in the 2019 NCAA championship. The men's basketball tournament is the financial engine that drives the NCAA.
Streeter Lecka/Getty Images

With fewer people on health insurance, health care jobs could be in jeopardy, report says

The employer-provided health insurance losses projected to come could cost the U.S. economy another 1.5 million to 2.5 million jobs.
In the middle of the COVID-19 pandemic, reduced revenue to health care providers made up 29% of the historic second-quarter GDP decline.
Chip Somodevilla/Getty Images

Trump considers carrying out COVID-19 economic relief with executive orders

That includes an eviction moratorium and a payroll tax cut.
President Trump has said he wants to bring back some of the coronavirus pandemic relief himself, through executive orders.
Drew Angerer/Getty Images

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Tyson Foods appoints new CEO while meat industry struggles with continued COVID-19 challenges

Aug 4, 2020
The industry has had to change how it prepares products, pivoting from places like restaurants and arenas to grocery stores.
Food companies like Tyson have not been able to make up all of the ground they lost during the pandemic through grocery store sales.
Drew Angerer/Getty Images

Post COVID-19, the Fed and the Feds will have to tread carefully

Aug 3, 2020
The nature of the economic crisis resulting from the pandemic means we know little about how to deal with its aftermath.
Federal Reserve Chair Jerome Powell, left, and Treasury Secretary Steven Mnuchin greet each other after testifying before a House committee in June. For now, the Fed is more focused on keeping people employed than inflation.
Tasos Katopodis/Getty Images