Apr 13, 2021
The era of the COVID lawsuit
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We start with news on the Johnson & Johnson COVID-19 vaccine: Federal health officials want a temporarily pause on giving it out. Plus, a former employee of the online retailer Wayfair sued the company, claiming he was fired because he needed to care for his kids during the pandemic. More cases like this are on the way, corporate lawyers say. Also, the latest reading of consumer prices shows they're up, but let's take a step back and look at the bigger picture. And, White House data on how it thinks each state would benefit from the American Jobs Plan infrastructure proposal.
Segments From this episode
Some of the increase for consumer prices that we're seeing today "will prove to be temporary"
That's according to Jeffrey Cleveland, chief economist at Payden & Rygel. U.S. consumer prices increased a sharp 0.6% in March, the biggest increase since 2012, while inflation over the past year rose a sizable 2.6%. But Cleveland says it might be too early to draw sweeping conclusions about inflation. "The economy shut down a year ago. So prices, actually, in March, April and May of 2020 fell. And so as we proceed through April and May, we will have very easy year-on-year comparisons. The way central bankers think of inflation is a multiyear process. So it's prices going up year after year after year, not just a few months or a few quarters of price pressures."
A more granular look at what certain states would get from Biden's infrastructure proposal
Marketplace's Nancy Marshall-Genzer has more.
Many people have lost jobs due to the pandemic. Some are suing their former employers.
David Brancaccio Host
Nicole Childers Executive Producer
Victoria Craig Producer, BBC
Stephen Ryan Producer, BBC
Jonathan Frewin Producer, BBC
Daniel Shin Producer
Jay Siebold Engineer
Brian Allison Engineer
Alex Schroeder Digital producer
Meredith Garretson Producer
Erika Soderstrom Producer/Director
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