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COVID-19

Will the delta variant delay the return to downtown?

by Matt Levin
Jul 30, 2021
In New York, the occupancy rate for commercial office space has been rising, but the delta variant may thwart that revival.
Some companies have delayed their planned returns to the office, and more may follow.
Timothy A. Clary/AFP via Getty Images
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COVID-19

How much does the delta variant threaten the economic recovery?

by Sabri Ben-Achour
Jul 30, 2021
Delta could slow the economy in two main ways: Governments could restrict consumers — again — or consumers could restrict themselves.
Traders wear face masks at the New York Stock Exchange. The contagiousness of the delta coronavirus variant could restrain consumer spending.
Timothy A. Clary/AFP via Getty Images
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My Economy

Trade is still a mess, and that's keeping this customs broker busy

by Sean McHenry
Jul 30, 2021
Gretchen Blough, a customs broker at Logistics Plus in Erie, Pennsylvania, said that the ships, trucks, tariffs and supply shortages are peppering the shipping industry.
Containers stacked in the Port of Los Angeles on April 19, 2021.
Frederic J. Brown/AFP via Getty Images
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How sensitive are people to price hikes?

by Marielle Segarra
Jul 30, 2021
There is a usually a limit on how much consumers will pay for a given product. But figuring out what that limit is not easy.
Procter & Gamble, maker of Tide laundry detergent, reported expectation-breaking earnings Friday morning but warned of future product price hikes.
Joe Raedle via Getty Images
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This summer on Cape Cod, longer lines and help wanted signs

by Samantha Fields
Jul 30, 2021
Almost every restaurant and business is understaffed this summer. At the same time, there are more tourists on the Cape than ever.
At Mac’s on the Pier in Wellfleet, waiting in line has always been part of the experience. But according to the owner, waits have peaked from an hour and a half to five hours this summer.
Samantha Fields
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How are consumers feeling about the economy?

by Mitchell Hartman
Jul 30, 2021
There have been signs of robust economic growth, but consumer concerns are rising ... along with the surge of the Delta variant of COVID-19.
Some economists worry that the latest COVID-19 delta variant surge will make shoppers pull back again.
Angela Weiss/AFP via Getty Images
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Oil companies are expected to report a good quarter. So what'll they do with the profits?

by Andy Uhler
Jul 30, 2021
Usually they'd plow them back into drilling new wells. But right now, that's not what investors want.
A general view of an Exxon Mobil refinery in Rotterdam, Netherlands in April 2020. Exxon-Mobil and Chevron report their earnings on Friday to optimistic investors.
Dean Mouhtaropoulos via Getty Images
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COVID-19

In France, consumers and business owners react to new "health pass"

by John Laurenson
Jul 30, 2021
The health pass requires people to show proof of vaccination before going into cafés, restaurants and bars, among other venues, along with some forms of transportation.
A man shows his health pass to a vendor before sitting at a coffee shop in Benerville-sur-Mer on July 27.
Sameer Al-Doumy/AFP via Getty Images
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COVID-19

With pandemic safety net policies expiring, renters brace for eviction

by Jen Rice
Jul 30, 2021
The federal eviction moratorium is set to expire at the end of July. Houstonians won’t have a state or local moratorium in place to pause evictions.
Houston-area renters lined up at La Iglesia del Pueblo on July 5, 2021.
Jen Rice
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I've Always Wondered ...

How are the Olympic designers chosen?

by Janet Nguyen
Jul 29, 2021
Brands can be judged as stringently as the athletes they hope to dress.
A view of USA's delegation parade during the opening ceremony of the Tokyo 2020 Olympic Games.
BEN STANSALL/AFP via Getty Images
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