Economists first underestimated inflation, then underestimated consumers and the labor market. The key question is why.
Category: Coronavirus (2019-nCoV)
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Taylor Swift’s ‘Cruel Summer’ Hits No. 1 after Four Years
The song from Swift’s 2019 album, “Lover,” is a fan favorite that took on new life during her record-breaking Eras Tour. On the album chart, Bad Bunny debuts at the top.
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How High Interest Rates Sting Bakers, Farmers and Consumers
Everyone who relies on credit in America is confronting a new reality: Money will cost more for a good long while.
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American Household Wealth Jumped in the Pandemic
Pandemic stimulus, a strong job market and climbing stock and home prices boosted net worth at a record pace, Federal Reserve data showed.
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How a Fertilizer Shortage Is Spreading Desperate Hunger
Across Africa and in parts of Asia, disruption to the supply chain for fertilizer is raising food prices and increasing malnutrition.
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Retailers’ Seasonal Hiring Plans Signal a Cooling Labor Market
After scrambling to fill out work forces in recent years, many companies are reporting more modest goals for temporary employment.
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Florida Deputies Charged With Defrauding Covid Funds of Nearly $500,000
The 17 employees from the Broward Sheriff’s Office in Fort Lauderdale were accused, in separate cases, of falsifying paperwork to collect money from two relief programs.
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State and Local Governments Have Billions in Pandemic Aid Left to Spend
Two years after the federal government approved $350 billion in emergency funding for states and localities to respond to the public health crisis, much of the funds have not been used.
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What We Know About the Effects of Remote Work
Three years into a mass workplace experiment, we are beginning to understand more about how work from home is reshaping workers’ lives and the economy.
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How the Kaiser Permanente Strike Could Affect Patients
Especially in California, people could experience delays in appointments or test results and even have medical procedures postponed after thousands of health care workers walked out.
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Jaap van Zweden’s Final Season
The final season of Jaap van Zweden’s brief tenure as music director in New York began with a new suite for the star violinist Joshua Bell.
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A Silver Lining From the Pandemic: A Surge in Start-ups
New research suggests that big shifts in consumer and company behavior — and maybe federal stimulus dollars — have fueled entrepreneurship.