Ford is latest automaker to cut production due to microchip shortage

Jan 11, 2021
When the pandemic first hit last spring, auto plants shut down and carmakers curbed semiconductor orders.
The Ford factory in Louisville, Kentucky, in 2017. The plant recently had to shut down due to a shortage of semiconductors.
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What does the road to economic recovery look like?

Jan 11, 2021
It may turn out to be quite bumpy.
A pharmacist receives a COVID-19 vaccine in Florida. Vaccinations will probably free up consumer spending, but it won't be like turning on a light switch, in the words of one expert.
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Will January bring more hiring?

Jan 8, 2021
The latest COVID relief package will have a positive effect on the economy as soon as this month.
A waiter at the outdoor dining area of a restaurant in New York last year.
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Parents continue to slog through remote school

Jan 7, 2021
Many schools remain closed as COVID-19 cases increase. Parents struggle to manage the competing demands of work and their kids' learning.
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Colleges look at delaying the first day of school ... again

Jan 6, 2021
Colleges and universities are once again pushing back the start of the new semester, or moving classes online.
Students and their families move belongings at a campus dormitory at the University of South Carolina on Aug. 10, 2020, in Columbia, South Carolina.
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New Paycheck Protection Program will have more restrictions than the first

Jan 6, 2021
This new round of PPP will only be available to companies with fewer than 300 employees.
A boy gets his hair cut at a barbershop in Austin, Texas, on May 8.
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Marriage and divorce are way down, study suggests

Jan 6, 2021
Divorce is expensive, and many couples may not have the economic resources right now to split up.
Divorce is expensive, and right now, a lot of people don't have that money to spend.
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Biden plans federal board to surge COVID-19 testing. What might that look like?

Jan 5, 2021
To boost testing, the Biden team has proposed a federal Pandemic Testing Board, modeled after the War Production Board.
President-elect Joe Biden announces key members of his health team in December. Ramping up coronavirus testing will be one of his priorities.
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Budget shortfalls mean rethinking mass transit funding and strategies

Jan 4, 2021
One way to keep money and transit service moving is to rely more on local taxes and tolls and less on fares.
Washington, D.C.'s Metro rail ridership is down about 86% from 2019. Above, commuters step in and out of a train at the Metro Center station on Dec. 2 in Washington.
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Wages spike in the pandemic — but it's just a fluke

Jan 4, 2021
In the recovery this year, wages are likely to stagnate for returning service workers, economists predict.
Fast-rising wages during the pandemic are an anomaly. While most higher-paid professionals were able to work from home, millions of lower-paid service workers lost jobs and income.
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