Latest Stories

Latest Stories

Companies scramble to protect their supply chains

May 29, 2020
The coronavirus pandemic has exposed vulnerabilities. Some firms are even supporting partners financially to keep vital links intact.
Workers produce N95 face masks at a Honeywell factory in Phoenix. Personal protective gear is part of a solid supply chain.
Brendan Smialowski/AFP via Getty Images

Trump terminates WHO funding, Hong Kong trade status

May 29, 2020
The administration's actions are expected to weaken the global health organization during the coronavirus pandemic and escalate tensions with China.
President Trump during his press conference at the White House on Friday.
Mandel Ngan/AFP via Getty Images

Incomes rose in April, but only because of government relief payments

May 29, 2020
The Bureau of Economic Analysis reports that personal income rose by 10.5% in April. But without government relief payments, it would have fallen by roughly 5%.
President Trump signs the CARES Act in March. Personal income rose last month mainly due to the relief payments included in the act.

Millions of Americans are waiting for their jobs to come back. They might not.

May 29, 2020
Almost one in four business owners worry their companies won't survive the pandemic, according to a U.S. Chamber of Commerce survey.
A boarded-up restaurant in San Francisco. Many layoffs that were believed to be temporary may become permanent, especially those involving higher-cost workers.
Josh Edelson/AFP via Getty Images

The Minnesota Freedom Fund raises donations to bail out protesters

May 29, 2020
The organization has been fighting against the concept of cash bail.
A memorial is left for George Floyd, a black Minneapolis man who died on Monday after a white police officer, Derek Chauvin, kneeled on his neck.
Kerem YucelL/AFP via Getty Images

Around the world, tourism boards are vying for your post-pandemic travel dollars

May 29, 2020
Scotland, Switzerland, South Africa, Germany, Mexico, Indonesia — they all want to be first on your list when you can travel again.
Tourists visit Edinburgh Castle in Scotland in January. In some countries, tourism can account for 20% or even 30% of GDP.
Jeff J Mitchell/Getty Images

As Austin bars open again, owners try to balance revenue and safety

May 29, 2020
Texas saloons and bars have lost at least $600 million since the pandemic forced them to shut down.
People listen to live music at the reopened Blind Pig Pub in Austin, Texas, on May 22.
Sergio Flores/AFP via Getty Images

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U.S. looking at “a tsunami of evictions” as moratoriums expire

May 29, 2020
By the beginning of June, more than half of states will have no protections in place for renters.
As state moratoriums expire, lawyers anticipate a spike in evictions.
John Moore/Getty Images

Early signs of an improving economy, but consumers haven't opened their wallets

May 29, 2020
With unemployment so high and concerns about the coronavirus spread, we likely won't see a rebound in consumer spending anytime soon.
Anxiety about personal finances is still sky-high.
David McNew/Getty Images

The U.S. consumed more renewable energy than coal in 2019

May 29, 2020
It's the first time that's happened since 1885.
Gabriel Bouys/AFP via Getty Images