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COVID-19

The cruise industry is still riding the ups and downs of the pandemic

by Savannah Maher
Mar 22, 2022
Consumer demand was strong for the holidays in late 2021, but then the omicron wave hit.
The early days of the pandemic were rough for the cruise line industry, and recovery is coming back in fits and starts.
Marco Bertorello/AFP via Getty Images
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2.6 million cars cut from global production forecast this year

by Samantha Fields
Mar 17, 2022
The war in Ukraine is already slowing production in ways automakers — and consumers — will feel in 2022 and beyond.
With multiple disruptions to the supply chain, the auto industry is set to take a production hit.
Jade Gao/ Getty Images
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The pandemic drove people to buy more online, and some of those buying habits are sticking

by Samantha Fields
Mar 17, 2022
One retail category that remains popular: buying groceries online, something many people had not tried before the pandemic.
Online shopping has surged during the pandemic, according to data from Adobe, But inflation accounts for a significant portion of that growth.
David Dee Delgado/Getty Images
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February was another disappointment for retail sales

by Samantha Fields
Mar 16, 2022
They've been up and down like a bouncing ball for the past few months.
Not adjusting for inflation, retail sales in February were up just 0.3% over January. Factoring in inflation, they were actually down.
Patrick T. Fallon/AFP via Getty Images
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COVID-19

China's COVID outbreak causing new manufacturing slowdowns

by Matt Levin
Mar 14, 2022
China’s zero-tolerance approach to the virus is affecting American as well as Chinese companies.
Strict anti-coronavirus measures are hindering electronics manufacturing and other business in China. Above, workers in protective gear at a mass testing site in Beijing.
Kevin Frayer/Getty Images
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COVID-19

Shanghai is under COVID-19 restrictions after omicron surge

by Jennifer Pak
Mar 14, 2022
China's financial capital is not under a full lockdown, but strict anti-COVID measures still weigh on residents.
Some large foreign businesses, seeing COVID restrictions and slowing growth in China, are considering other countries like India for their future manufacturing plans.
Hector Retamal/AFP via Getty Images
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Stress persists 2 years into the pandemic economy

by Andie Corban and Kai Ryssdal
Mar 11, 2022
We talked with two people who were out of work in March 2020 about how the pandemic has affected their personal economies.
Life has changed: People continue to grapple with new economic conditions, including higher prices.
Jeenah Moon/Getty Images
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COVID-19

After 2 years in the pandemic economy, businesses still face uncertainty

by Sean McHenry
Mar 7, 2022
But it's not necessarily the pandemic that's driving it. Three businesses on three continents share what they're seeing.
Small businesses have been through a lot of stress and uncertainty in the last two years, and the war in Ukraine is creating new challenges.
Sascha Schuermann/Getty Images
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COVID-19

Job market may break out post-omicron

by Mitchell Hartman
Mar 3, 2022
The February national employment report, due Friday, is expected to show strong job growth and wage gains.
February's national jobs report is expected to look good, but read it with a grain of salt. Other recent employment reports have been revised upward after their initial releases.
Spencer Platt/Getty Images
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COVID-19

A New Jersey community pharmacy's vaccine rollout, a year later

by Marielle Segarra
Mar 1, 2022
This time last year, Bell Pharmacy was doing everything it could to prepare for COVID-19 vaccines ... without knowing when the doses would arrive.
Tony Minniti, owner of Bell Pharmacy, worked with community groups to bring the vaccine to local residents.
Courtesy Minniti
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