How to grieve the old economy

Kimberly Adams talks to Megan Devine, psychotherapist and author of "It’s OK That You’re Not OK," about grieving the old economy.
A trader reacts during the opening bell at the New York Stock Exchange on Friday as markets continue to drop from COVID-19 uncertainty.
Johannes Eisele/AFP via Getty Images

Why annualizing can make GDP forecasts look scarier than they are

Jun 11, 2020
If one quarter differs significantly from another, it's hard to paint a picture of the entire year.
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Stocks sink as virus cases spike

Jun 11, 2020
The Federal Reserve said the road back to recovery would be long, dimming some of the optimism investors.
Don Emmert/AFP/Getty Images

It's official: We're in a recession

Jun 9, 2020
In the past, the National Bureau of Economic Research has watched an economic decline for longer before declaring a recession. But this is no ordinary contraction.
Shuttered stores in downtown Los Angeles in April.
Mario Tama/Getty Images

Are we almost through the worst of the COVID-19 economic decline?

The National Association for Business Economics predicts our economy could be growing once again by the third quarter.
Overhanging any forecast is the risk that a second wave of the coronavirus could threaten the economy once again.
Gregg Newton/AFP via Getty Images

Here’s one (of many) numbers in the jobs report that surprised economists

Jun 5, 2020
More sectors of the economy gained jobs than lost jobs in May, Labor Department data shows.
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Economists expected more job losses. The economy added 2.5 million instead.

Jun 5, 2020
Chalk it up to parts of the economy reopening.
A Las Vegas restaurant tells potential patrons that it has reopened for dine-in business. Restaurants generated a healthy portion of May's job gains.
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Trump signs executive order allowing federal agencies to bypass environmental laws

Analysts say there's no question this executive order will be challenged in court.
The president says we need to speed up environmental reviews for big infrastructure projects.
Chip Somodevilla/Getty Images

Overdraft fees are hitting vulnerable communities the hardest

Jun 4, 2020
The fees can drive many out of the banking system entirely, experts say.
A man withdraws cash at a New York ATM in March. Banks charged over $11 billion on overdraft fees in 2019.
Cindy Ord/Getty Images

Mutual aid grows in popularity during protests and pandemic

Jun 4, 2020
Communities of color and activists have been practicing mutual aid for a long time. But it has become much more widespread recently.
Volunteers with the Bronx Mutual Aid Network buy and delivery groceries and run errands for people in the community.
Courtesy Thahitun Mariam/Bronx Mutual Aid Network