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

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

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

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

Why leaders look to infrastructure spending in recessions

The pitch for infrastructure projects recalls Depression-era investment in roads and bridges.
The on-ramp to the Golden Gate Bridge in San Francisco was built as part of the Works Progress Administration during the Great Depression.
Justin Sullivan/Getty Images

Today’s Numbers: The COVID Economy

May 29, 2020
A daily snapshot of the COVID-19 pandemic.
Kira-Yan/Getty Images

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Job losses indicate we are in a "she-cession"

May 28, 2020
Women are disproportionately impacted by the coronavirus pandemic when it comes to jobs.
Two servers at a reopened restaurant in Las Vegas. The jobs that have been lost recently,  like servers and retail clerks, are mostly done by women.
Ethan Miller/Getty Images

Distressed retailers play "hot potato" with landlords and suppliers

May 28, 2020
Everyone is trying to pass the economic pan to someone else.
A "closed" sign on the Victoria's Secret shop in Herald Square.
Eduardo Munoz Alvarez/Getty Images

Companies are borrowing like crazy, even though their incomes are down

May 28, 2020
For some, borrowing's a lifeline. For others, it's a bargain.
A Hertz car-rental office in New York. The company filed for bankruptcy after amassing $19 billion in debt.
Cindy Ord/Getty Images