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Pandemic

COVID-19

Why some companies are cutting back the 40-hour workweek

by Amy Scott and Minju Park
Oct 5, 2021
As workers struggle with burnout during the pandemic, some employers are testing a four-day week to combat overwork and lift morale.
Abigail Marks, professor of the future of work at Newcastle University, worries that some employers will "try and force five days’ work into four days."
Hector Retamal/AFP via Getty Images
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My Economy

Owner of child care center hopeful about rebounding from pandemic setbacks

by Minju Park
Sep 30, 2021
Milli Pintacsi's child care operation was expanding, and enrollment had reached full capacity. Then the pandemic shut down the business.
Milli Pintacsi, owner of Le Petit Elephant Nursery and Preschool in Napa, California, with her children. "This is our family business," she says. "It feels like we can't fail — we have to make it.”
Courtesy Milli Pintacsi
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Some undocumented immigrants aren't getting their child tax credit payments

by Kai Ryssdal and Anais Amin
Sep 29, 2021
The people who most need the aid “have to jump the most hurdles to get it,” says Chabeli Carrazana, economy reporter at the 19th.
The overworked IRS is grappling with the disbursement of child tax credit payments, reporter Chabeli Carrazana says.
Jim Watson/AFP via Getty Images
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The pandemic slowed global efforts to expand access to electricity

by Samantha Fields
Sep 29, 2021
According to a new IEA report, the pandemic stalled progress the most in sub-Saharan Africa.
A report shows that the pandemic hindered efforts to establish access to electricity around the globe, as governments diverted resources to fighting COVID-19.
Christopher Furlong/Getty Images
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Who has added credit card debt during the pandemic?

by Samantha Fields
Sep 28, 2021
Survey finds that people 40 and under are more likely than those who are older to have more credit card debt now than they did a year and a half ago.
The rise of consumer credit has banks on the lookout for whether or not consumers can pay their debt.
Joe Raedle/Getty Images
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My Economy

For this British travel agency, furloughs offered a lifeline

by Minju Park
Sep 24, 2021
As the United Kingdom's furlough program comes to an end, travel agent Claire Moore faces tough decisions on how to bring her employees back to work.
The United Kingdom's furlough program covers up to 80% of the salary of workers if companies kept them on payroll, rather than laying them off.
Ina Fassbender/AFP via Getty Images
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For consumers and businesses, this fall brings a strong sense of deja vu

by Kristin Schwab
Sep 13, 2021
"It's a guessing game right now," one analyst told us.
A restaurant sits closed in midtown on August 30, 2021 in New York City.
Spencer Platt/Getty Images
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Can well-off young women save China's economic recovery?

by Jennifer Pak
Sep 13, 2021
Women drive the bulk of household purchasing decisions in China. What do they want to spend their money on?
Finance major Zhou Hui, 19, spends up to $700 a month on clothing and eating out, which the COVID-19 pandemic didn't change.
Charles Zhang/Marketplace
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USDA report shows pandemic relief helped hungry families

by Amanda Peacher
Sep 9, 2021
SNAP and other safety-net programs buoyed many households, though the pandemic made it harder for families with kids, especially, to access help.
New Yorkers in need receive free produce, dry goods and meat at a Food Bank for New York City distribution event in Brooklyn in July 2020.
Scott Heins/Getty Images
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What's the value of a good stock ticker?

by Kai Ryssdal and Minju Park
Sep 2, 2021
A gray market in stock symbols is emerging on Wall Street, and some fetch six figures. Bloomberg’s Katie Greifeld tried to buy MEME.
Companies with clever ticker symbols outperformed the market from 2006 to 2018, a study showed. Bloomberg reporter Katie Greifeld tried to buy MEME.
Andrew Burton/Getty Images
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