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Economy

How to grieve the old economy

by Kimberly Adams and Candace Manriquez Wrenn
Jul 3, 2020
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
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Kai Explains

Why annualizing can make GDP forecasts look scarier than they are

by Kai Ryssdal and Maria Hollenhorst
Jun 11, 2020
If one quarter differs significantly from another, it's hard to paint a picture of the entire year.
Peter Macdiarmid/Getty Images
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Stocks sink as virus cases spike

by Associated Press
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
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COVID-19

It's official: We're in a recession

by Justin Ho
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
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COVID-19

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

by Sabri Ben-Achour and Alex Schroeder
Jun 8, 2020
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
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Here’s one (of many) numbers in the jobs report that surprised economists

by Maria Hollenhorst and Kai Ryssdal
Jun 5, 2020
More sectors of the economy gained jobs than lost jobs in May, Labor Department data shows.
Hulton Archive/Getty Images
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Economists expected more job losses. The economy added 2.5 million instead.

by Mitchell Hartman
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.
Ethan Miller/Getty Images
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Trump signs executive order allowing federal agencies to bypass environmental laws

by David Brancaccio , Nancy Marshall-Genzer and Alex Schroeder
Jun 5, 2020
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
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Overdraft fees are hitting vulnerable communities the hardest

by Justin Ho
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
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COVID-19

Mutual aid grows in popularity during protests and pandemic

by Samantha Fields
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
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