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Economic recovery

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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The pandemic recession only lasted two months. Wait, what?

by Sabri Ben-Achour
Jul 20, 2021
For a lot of people, the downturn doesn't feel over and may not for years. So what does "over" mean in this case?
The pandemic recession may be over, but many businesses are still closed or nearly empty at Union Station in Washington, D.C., more than a year after the COVID-19 shutdown.
Saul Loeb/AFP via Getty Images
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COVID-19

Leisure travel is back to pre-pandemic levels. But business travel? Not even close.

by Mitchell Hartman
Jul 5, 2021
The pandemic seems to have taught a lot of businesses that employees don't need to travel as much as they used to.
People walk through a terminal at John F. Kennedy Airport (JFK) on January 31, 2020 in New York City. While air travel for leisure has picked up since then, travel for business is still struggling.
Spencer Platt/Getty Images
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Even after a good jobs report, potholes remain on road to economic recovery

by Mitchell Hartman
Jul 2, 2021
The good news? The U.S. economy created 850,000 jobs in June. The bad news? There are still 7 million fewer jobs than before the pandemic.
The number of jobs created has risen steeply over the past few months, but employers may not find workers as easy to attract as in the past.
Joe Raedle / Getty Images
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Back to Business

The economic models of the past didn't figure on a pandemic

by Kimberly Adams
Jun 14, 2021
The Fed is trying to create a way forward in monetary policy — but in nearly uncharted economic conditions.
The Federal Reserve is navigating between rising inflation and the risks caused by the pandemic. Its interest rate policy committee will meet this week.
Daniel Slim/AFP via Getty Images
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Food prices are rising. Is that a problem?

by Justin Ho
Jun 10, 2021
The latest numbers from the Bureau of Labor Statistics show that food prices rose in May. That's a trend that will likely continue in the short term.
Food prices jumped about half a percent in May, mostly because of meat, poultry, fish and eggs.
Elaine Cromie/Getty Images
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What's it going to take to juice U.S. job growth?

by Mitchell Hartman
May 7, 2021
The pandemic's still weighing down the economy, despite some encouraging signs.
People who are refusing to get vaccinated are the greatest factor holding back economic recovery, some experts say.
Patrick T. Fallon/AFP via Getty Images
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Federal Reserve points to risks in the current economy

by Justin Ho
May 7, 2021
Soaring asset prices, as in the stock market, and risky bets by financial firms could be vulnerabilities.
The lofty levels of stock prices are among the risks to financial stability the Fed is monitoring.
Johannes Eisele/AFP via Getty Images
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Do we really want to go back to the pre-pandemic economy?

by Kristin Schwab
Apr 29, 2021
True, the economy was in good shape before COVID-19. But it wasn't working for many.
Before the pandemic, Black workers were seeing historically low unemployment rates but were still almost twice as likely to be jobless as white workers. Above, a woman in Hollywood, Florida, uses her laptop to file for unemployment benefits in March 2020.
Joe Raedle/Getty Images
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GDP grows at fastest rate since Reagan era, but there's still pain

by Sabri Ben-Achour
Apr 29, 2021
Economists expect the U.S. to surpass the GDP we’d have seen if COVID-19 hadn’t happened. But many still wait for jobs to come back.
Even as the U.S.' GDP improves, it'll take a while for that to have an impact of jobseekers, if it ever does.
Spencer Platt/Getty Images
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