Many say they won’t dine out or travel even after second COVID dose. They plan to wait for herd immunity, a stance that could temper initial recovery.
Author: Paul Davidson, USA TODAY
Fed keeps key rate near zero and still expects no hikes through 2023 despite brighter economic outlook
The Fed held its key interest rate near zero and still expects no hikes through 2023 despite a significantly improved economic outlook
Fed aims for tricky balance between wounded economy, booming outlook as it unveils new forecasts
At a meeting this week, the Fed will try to achieve a delicate balance between the wounded economy and roaring forecast.
From child care to school reopenings, $1.9T COVID relief package gives a financial lift to America’s struggling families
The $1.9T COVID relief package gives a big boost to struggling families through tax credits, child care assistance, aid to reopen schools and more.
These cities could become the biggest winners and losers as more Americans shift to remote work
The 5 metro areas that could gain the most and five that could lose the most from the shift to remote work
As restaurants hire and COVID cases fall, the U.S. economy gains 379,000 jobs in February
The economy added 379,000 jobs in February and unemployment fell to 6.2%
Is universal basic income closer to reality? Cities are already testing monthly checks for residents
Cities test guaranteed income for residents amid the pandemic’s job losses. Proposals in Congress provide similar benefits through tax credits.
Powell says economy is “a long way” from Fed’s goals and central bank has no plans to raise interest rates or reduce bond purchases
Powell says economy “is a long way” from Fed’s goals and central bank will keep key rate near zero, maintain bond purchases at current levels.
‘Remarkable outcome’: Big gains are likely for economy this year even as COVID-19 damage lingers
Government stimulus, falling coronavirus cases and the COVID-19 vaccine rollout are spurring economic growth and heralding bigger gains this year.
Cities have permanently lost 400,000 jobs during COVID pandemic as many shift to suburbs. Will they come back?
Cities have lost 400,000 jobs during the pandemic while suburbs have gained jobs, a study says.