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Uneven vaccine access is warping the global economy

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A nurse administers the Moderna COVID-19 vaccine at Kedren Community Health Center, in South Central Los Angeles, California on February 16, 2021.

Apu Gomes/AFP via Getty Images

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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."

Supreme Court ruling for farmers against organized labor has broad implications

by Caroline Champlin Jun 24, 2021
The justices have expanded property rights in a number of recent cases.
Fast-Track Vaccines

Uneven vaccination rates may worsen global inequality

by David Brancaccio , Meredith Garretson and Daniel Shin Jun 24, 2021
Zanny Minton Beddoes of the Economist says a lack of virus protection could hinder many nations’ economic recoveries.

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Myth Beach House

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