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COVID-19

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Workplace Culture

The pandemic is pushing some older workers into retirement early

by Meghan McCarty Carino
Oct 5, 2020
But some may leave before they are financially prepared for retirement.
For retirees in their 50s and early 60s, not only do they have less time to save, they won’t be eligible for Medicare or full Social Security benefits.
Chandan Khanna/AFP via Getty Images
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COVID-19

Tricky pandemic Halloween might be a treat for businesses

by Kristin Schwab
Oct 5, 2020
"It could either be the worst year we've ever had or the best year we've ever had," said one costume retailer.
Halloween is a nearly $9 billion industry, according to the National Retail Federation. Above, people shop for Halloween items in Alhambra, California.
Frederic J. Brown/AFP via Getty Images
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Fast-Track Vaccines

World Bank proposes a $12 billion fund for COVID vaccine dispersal to poor and developing countries

by David Brancaccio and Daniel Shin
Oct 5, 2020
World Bank President David Malpass believes his institution will be well situated to both fund and assist in a global COVID vaccine distribution effort.
"Up to $12 billion is a signal to the pharmaceutical manufacturers that there's going to be a big demand, and that there's financing for it, and that the countries will be looking for a safe vaccine. And so it fills that void that would otherwise be there," says World Bank President David Malpass.
Sajjad Hussain/AFP via Getty Images
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COVID & Unemployment

Job gains don't paint a clear picture of the recovery

by Sabri Ben-Achour
Oct 2, 2020
The jobs created in September obscure the fact that thousands were lost permanently and millions of people have stopped looking for work.
A restaurant displays a "Now Hiring" sign amid the coronavirus pandemic, on Aug. 4 in Arlington, Virginia.
OLIVIER DOULIERY/AFP via Getty Images
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COVID-19

COVID-19 sparked a U.S. coin shortage, but a U.K. surplus

by Victoria Craig
Oct 2, 2020
Technology has made the transition to digital payments quicker in the U.K.
"It's absolutely certain that coronavirus will accelerate the shift to digital," says Natalie Ceeney, chair of Innovate Finance. But the virus has also shown a spotlight on vulnerability and people who are getting excluded by the shift to digital.
Justin Tallis/AFP via Getty Images
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COVID-19

Teachers turn to crowdfunding for pandemic supplies

by DJ Cashmere
Oct 2, 2020
In-person schooling? Remote learning? Either way, teachers say they need more supplies.
Teachers need supplies for remote learning: headphones, laptops, tablets, cameras. They also need safety equipment for in-person learning: air purifiers, face masks, hand sanitizer, and thermometers.
Michael Loccisano/Getty Images
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COVID & Unemployment

U.S. unemployment rate falls to 7.9%, hiring slows again

by Associated Press
Oct 2, 2020
America’s employers added 661,000 jobs in September, the third straight month of slower hiring.
The September jobs report coincides with other data that suggests that while the economic picture may be improving, the gains have slowed since summer.
Olivier Douliery/AFP via Getty Images
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COVID-19

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

by David Brancaccio , Meredith Garretson , Erika Soderstrom and Alex Schroeder
Oct 2, 2020
It comes after the first presidential debate and the uncertain fate of more coronavirus relief.
Mandel Ngan/AFP via Getty Images
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COVID-19

Trump tests positive for coronavirus; stocks, oil prices sink

by Associated Press
Oct 2, 2020
U.S. stock futures and Asian shares fell Friday after the president said he and first lady Melania Trump had tested positive.
Trump tweeted news of his test results just hours after the White House announced that senior aide Hope Hicks had come down with the virus after traveling with the president several times this week.
Saul Loeb/AFP via Getty Images
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COVID-19

Bars struggle amid suspicion and closures during pandemic

by Sabri Ben-Achour
Oct 1, 2020
Social places by nature, bars have faced tighter restrictions than many other businesses, and are suffering the consequences.
A group of people takes shots before they watch the first presidential debate at a sports bar on Sept. 29 in Washington, D.C.
Sarah Silbiger/Getty Images
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