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Here's why some are too optimistic about the pandemic

Oct 15, 2020
Behavioral economics helps explains why we're prone to letting our guard down.
Optimism bias can cause some to flout safety guidelines, like mask wearing and social distancing.
Sergio Flores/AFP via Getty Images

There are signs the economy may be improving

Oct 14, 2020
The modest increase in Producer Price Index numbers could be good inflation, considering.
Producer price hikes on items like chicken could raise the price you pay at the grocery store — but it could also not.
Drew Angerer/Getty Images

Why big banks are reporting better-than-expected earnings during the pandemic downturn

Oct 14, 2020
Quarterly earnings for big banks like Citigroup and JPMorgan Chase are beating expectations thanks to a soaring stock market.
Citigroup's net income of $3.2 billion, or $1.40 per share, topped analyst expectations for the third quarter.
Justin Sullivan/Getty Images

IMF encourages countries affected by COVID to keep spending on safety net

Oct 13, 2020
For the world's poorest, the pandemic has exacerbated their situation.
A woman walks past a promotional poster for the virtual 2020 International Monetary Fund annual meetings, outside their  headquarters in Washington, D.C., on Oct. 13, 2020.
Andrew Caballero-Reynolds/AFP via Getty Images

Disney's reorganization puts the spotlight on streaming

Oct 13, 2020
How will the shift away from movie theaters and broadcast TV change what and how we watch?
In addition to Disney Plus, the company also owns Hulu and ESPN Plus.
Robyn Beck/AFP via Getty Images

Voting-related legal challenges likely to continue past Election Day

Oct 13, 2020
Campaigns and outside groups are spending tens of millions of dollars on legal challenges leading up to the election, trying to avoid even more damaging — and expensive — fights after polls close.
People vote early in San Jose, California, on Oct. 13. More people are voting early or by mail due to the COVID-19 pandemic.
Justin Sullivan/Getty Images

COVID-19 holiday creep is already here

Oct 12, 2020
Holiday shopping is early and mostly online this year, experts say. Avoiding supply-chain delays is part of the reason.
Consumers return to retail shopping at the a mall in Glendale, Arizona, in June. Holiday shopping will be mostly online this year due to the pandemic.
Christian Petersen/Getty Images

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Airlines are burning a lot of cash — so what does that mean?

Oct 12, 2020
Expenses don’t go away just because people aren’t flying.
An employee disinfects an airplane at Ronald Reagan National Airport in Virginia in July. Airlines are burning cash because there are still expenses, regardless if people are flying.
Michael A. McCoy/Getty Images

A Los Angeles bookstore owner on reinventing her small business during the pandemic

Oct 12, 2020
Celene Navarrete had to close her shop doors in March and is now growing her online store and attending virtual book fairs.
Celene Navarrete, left, and Chiara Arroyo, owners of LA Librería in Los Angeles.
Sergio López Valero/Courtesy of Celene Navarrete

How a new shop owner is navigating the pandemic

Oct 9, 2020
After opening her children's clothing store in May, this first-time entrepreneur is seeing a profit. Now if she can just figure out why her customers shop when they do.
Maris Johansson, above, has hired her first employee for her shop, Broomtail, in Denver.
Credit: Joslyn Griffin