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Economy

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COVID-19 is putting the economy on fast-forward

by Scott Galloway
Nov 24, 2020
Will that make it better or worse? Scott Galloway, professor at the NYU Stern School, weighs in with his new book, "Post Corona: From Crisis to Opportunity."
People wait in line to receive donated groceries on May 6, 2020, in the Queens borough of New York City.
Bryan Thomas/Getty Images
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What you need to know about “austerity”

by Kai Ryssdal and Maria Hollenhorst
Nov 16, 2020
Calls for austerity likely slowed the economic recovery from the Great Recession. Could that happen again?
Government spending during a recession needs to be like "turning into a skid," said economist J.W. Mason. "When your tax revenue is falling, you need to pick up the spending."
Matt Cardy/Getty Images
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Elections 2020

Exit poll: Americans are deeply divided on COVID-19 and the economy

by Mitchell Hartman
Nov 5, 2020
Those who voted for Biden said they are having a harder time in the COVID economy, according to exit polls done for major television networks.
A man casts his ballot at Tippecanoe Library on the first day of in-person early voting in Milwaukee, Wisconsin, on Oct. 20, 2020.
Kamil Krzaczynski/AFP via Getty Images
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The U.S. dollar's safe haven status may be in question, but it's intact for now

by Kai Ryssdal and Alli Fam
Oct 30, 2020
It's all about trust in a stable U.S. economy.
The dollar is not only the global reserve currency, it's a safe haven in times of uncertainty.
ATTA KENARE / Contributor Getty Images
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GDP jumped 33%, but how about that output gap?

by Nancy Marshall-Genzer
Oct 29, 2020
The growth is good, but it'll be a while before the U.S. economy is back to where it was before COVID-19 happened.
Cargo containers are stacked on a ship docked at the Port of Oakland in California. Economic output in the United States hasn't caught up yet to pre-pandemic levels.
Justin Sullivan/Getty Images
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Texas restaurants are just trying make it through this

by Andy Uhler
Oct 29, 2020
Hundreds of thousands of food industry workers still haven't been able to come back to work.
A group of women have lunch at a restaurant in Austin, Texas, June 26, 2020.
Sergio Flores/AFP via Getty Images
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As companies like Boeing go, so goes the U.S. economy

by Andy Uhler
Oct 28, 2020
What's happening to Boeing shows a ripple effect that impacts its thousands of suppliers.
Boeing's first 737 MAX 9 is rolled out for the media at the Boeing factory in Renton, Washington, in 2017.
Jason Redmond/AFP/Getty Images
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Elections 2020

Trump and Biden address the minimum wage, tariffs and unemployment during final debate

by Janet Nguyen
Oct 23, 2020
We took a closer look at some of the economic claims made during the debate.
President Donald Trump speaks as Democratic presidential candidate and former Vice President Joe Biden looks on, during the final presidential debate on Thursday.
Jim Watson/AFP via Getty Images
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Elections 2020

Pandemic economy, relief factor heavily in second Trump-Biden debate

by Associated Press
Oct 23, 2020
The presidential race has been dominated by Trump's response to the pandemic and its economic fallout.
Chip Somodevilla/Pool/AFP via Getty Images
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Elections 2020

What would delayed election results mean for the economy?

by Kai Ryssdal and Andie Corban
Oct 22, 2020
The results from the election could remain uncertain for weeks. "And uncertainty is generally really bad for economy activity," said Brookings' Wendy Edelberg.
Even with record-breaking early voting, it could take some time to know who won the presidential election this year.
Elijah Nouvelage/Getty Images
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