Segments From This Episode

• Q1 GDP increased at a 6.4% annualized rate. That's not because of the red-hot housing market, though.

  A lot of it is because of consumers getting back out and spending, especially on services, said Diane Swonk, chief economist at Grant Thornton. “We’re seeing really strong gains in spending,” Swonk said, “the pivot from spending on everything for your home and exercise equipment and things to make it comfortable in quarantine. People want to see and be seen, and they’re spending everything from clothing and makeup and luggage to getting out and stepping out and traveling.”

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• Supreme Court ruling for farmers against organized labor has broad implications

  by Caroline Champlin

  

  The justices have expanded property rights in a number of recent cases.

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• Uneven vaccination rates may worsen global inequality

  by David Brancaccio, Meredith Garretson Morbey and Daniel Shin

  

  Zanny Minton Beddoes of the Economist says a lack of virus protection could hinder many nations’ economic recoveries.

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