Tag
Soaring asset prices, as in the stock market, and risky bets by financial firms could be vulnerabilities.
True, the economy was in good shape before COVID-19. But it wasn’t working for many.
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.
The numbers are a snapshot of March, when many Americans were spending freshly received stimulus checks.
Jobless claims and retail spending data out Thursday suggest that the economy’s laying the groundwork for recovery.
Experts said COVID-19 will not be eradicated and more than vaccinations are needed for economic recovery during a hearing held by the Joint Economic Committee Wednesday.
Almost half of small business owners said in a survey they couldn’t fill open jobs, so many of them are offering more money.
Uber just had its best month ever. “We’re seeing ride demand track closely with vaccination rates,” Lyft’s president told us.
It may take years for much of the world to match the U.S. and China, where bigger vaccine rollouts have sped up economic recovery.
Employers added 916,000 jobs in March and the unemployment rate fell to 6% as vaccination spreads and the economy reopens.