ECONOMY

Economy

Texas Customer's Call-In Order Helps LA Restaurant Pay It Forward

6:21am January 14, 2021

Brooke Williamson, a celebrity chef in Los Angeles, explains how an order for a meal that would never be picked up, has led to hundreds of other acts of kindness: food for people in need.

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Skepticism about COVID-19 vaccinations has prompted suggestions that the government should pay people to get the shots. (AP Photo/LM Otero)

Should The Government Pay People To Get Vaccinated? Some Economists Think So

11:14am January 13, 2021

by Uri Berliner

Dr. Anthony Fauci says the country will likely need a vaccination level of between 70% and 90% to reach herd immunity. Right now, that math doesn't quite add up.

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Big Money Firms Abandon States For Ones With More Favorable Terms

6:25am January 13, 2021

by Greg Allen

In an exodus spurred by the pandemic, some high profile hedge funds, venture capital firms and tech companies are leaving New York and California for low-tax states, Florida and Texas.

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Coronavirus Pandemic Changes Detroit's Water Shut-Off Policy

7:34am January 12, 2021

by Eli Newman

The $900 billion coronavirus package includes funding for low-income households in need of water assistance. The issue is big in Detroit, where water had been turned off if a customer hadn't paid.

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Babe Ruth, a pitcher for the Boston Red Sox, in 1918. That year, World War I and the Spanish flu pandemic slashed MLB game attendance by over half from what it was in the previous season.

What 1919 Teaches Us About Pent-Up Demand

6:31am January 12, 2021

by Greg Rosalsky

A hundred years ago, a world war and a pandemic wreaked havoc on baseball and other industries. But pent-up demand helped them come roaring back.

The drilling rig Polar Pioneer outfits for Arctic oil exploration in 2015. A proposed rule from the Trump administration would force banks to offer financing to oil companies, gun-makers and high-cost payday lenders, even if the banks don't want to.

Trump Regulator's Rule Would Force Banks To Lend To Gun-Makers And Oil Drillers

2:46pm January 11, 2021

by Chris Arnold

The Trump administration is trying to force banks to make loans to gun-makers and to finance payday lenders. Critics call the move bizarre. It's opposed by watchdog groups and banks.

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Site That Traffics In Misinformation Fills Void Left By Struggling Newspaper

7:30am January 11, 2021

by Leila Fadel

In Stockton, Calif., a controversial site is filling the gap as the local newspaper grapples to survive. Is this a microcosm of what happens to a democracy when local news dies?

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The runaway pandemic put more pressure on the U.S. job market last month. Employers shed 140,000 jobs as the unemployment rate held steady at 6.7%.

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ECONOMY

Texas Customer's Call-In Order Helps LA Restaurant Pay It Forward

Should The Government Pay People To Get Vaccinated? Some Economists Think So

Big Money Firms Abandon States For Ones With More Favorable Terms

Coronavirus Pandemic Changes Detroit's Water Shut-Off Policy

What 1919 Teaches Us About Pent-Up Demand

Trump Regulator's Rule Would Force Banks To Lend To Gun-Makers And Oil Drillers

Site That Traffics In Misinformation Fills Void Left By Struggling Newspaper

Biden Administration's Plans For Improving U.S. Economy

Latest Relief Package May Not Save Some Small Businesses From Bankruptcy

Pandemic Pricetag: U.S. Employers Cut 140,000 Jobs In December