Also: What’s driving the housing shortage, how New Yorkers feel about COVID-19 restrictions lifting, and how the pandemic changed economic forecasting.
About half of the unemployed adults in the U.S. are pessimistic about their future employment, a survey shows.
Construction of homes, especially those that are affordably priced, has fallen in recent years, according to National Assn. of Realtors.
Demand for instruments hasn’t slowed down during the pandemic, and the reopening of venues means even more business.
Many offices are still closed and mask guidance is inconsistent, but parks in midtown Manhattan are packed at lunchtime.
For Ellen Zentner, chief U.S. economist at Morgan Stanley, the pandemic meant scrapping all the models and going back to the fundamentals.
A higher debt limit does not mean funding more government programs. It is paying for the bills already due.
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