The wealth of the 10 richest men in the world more than doubled from approximately $700B to $1.5T between Mar. 2020 and Nov. 2021, while the incomes of approximately 99% of the world fell and more than 160M people into poverty.

In the first seven months of 2021, cargo volumes between Asia and North America were up by 27% compared with pre-pandemic levels.

Almost $100B out of $3.5T of pandemic relief funds have been stolen since early 2020. More than $2.3B in stolen funds have been recovered so far, resulting in the arrest of more than 100 suspects.

At least 6,153 news organization employees were laid off between March 2020 and August 2021, with at least 100 US news organizations closing over the same period. Another 42 outlets were acquired.

88 of the top 100 cities in the U.S. showed fewer jobs in October 2021 compared to February 2020, the New York Fed Reserve found in data released Friday.

In case you haven’t heard … prices? They’re higher these days. That’s not terribly surprising, given the global supply chain debacle, but it turns out a once-in-a-lifetime pandemic has an impact, too. Dozens of countries have experienced inflation since the onset of the pandemic, and the United States has one highest rates. Today, we look at how the U.S. approach to addressing inflation differs from other countries around the globe. We’ll also take a trip to a warehouse to see its role in the global supply chain, hear how the Great Resignation isn’t necessarily benefitting everyone and celebrate jobless claims that haven’t been this low since the Beatles were together.

Even for micro businesses, how things get made can be shaped by macro trends and geopolitics. Now small-scale producers are taking back control.

Inflation has continued to concern investors into the month of August, causing many growth stocks to give back any footing they gained in the prior month. Since the February top in tech growth, only select names in the cloud and semiconductor space, as well as big tech, are at new highs, while many high fliers from last year are still building a base.

"Labor quality" is the top overall concern of small businesses, according to the NFIB’s July Small Business Jobs Report.

TOLEDO, Ohio (AP) — Going to the gym was always part of Kari Hamra’s routine until last year’s government-ordered shutdowns forced her to replace the workouts with daily rides on her Peloton stationary bike.

From BofA: We look for growth of 7.0% qoq SAAR in 3Q ... We forecast retail sales fell by 2.3% mom in July, reflecting cooling service dema...

The Markup confirmed 124 carjackings and attempted carjackings of ride-hail drivers across the country. Drivers say the companies are doing little to help

While the coronavirus pandemic shuttered restaurants and battered the Mid-Atlantic crab industry last year, 2021 has brought more bad news: skyrocketing prices due to a severe shortage of blue crabs in the Chesapeake Bay. The cause of the shortage is something of a mystery.

Matt is joined by economist Julia Coronado to talk about inflation, markets, and employment in the pandemic recovery economy. They discuss housing, new and used car markets, and possible strategies toward achieving full employment.

According to NPD, two out of five adult females and three out of ten adult males no longer fit into last year’s clothing sizes; snacking and fitness play a role.

COCKEYSVILLE, Maryland (AP) — People used to go to Valley View Farms to buy five tomato plants and end up with $5,000 in patio furniture. This year is different. After a record burst of sales in March, the showroom floor is almost empty of outdoor chairs, tables and chaises for people to buy.

Lumber prices are coming back down to Earth, but the crisis shows how many industries can be rocked by the price of wood.

/PRNewswire/ -- Key takeaways With clarity about the upcoming school year and consumer sentiment continuing to rise, back-to-school spending will be at its...

Coresight Research expects industry growth to slow from 70% in 2020 to roughly 18% in 2021 as pandemic-fueled interest wears off.

Friday's jobs report, and a slew of other data, shows going big and going early works.

LONDON/TOKYO (Reuters) -European factories continued to ramp up their post-lockdown recovery in June but Asian manufacturers saw momentum weaken amid rising input costs and the reintroduction of curbs to combat a new wave of coronavirus infections, surveys showed. Czech and Polish manufacturing hit a record pace of activity for the second month in a row as orders rose and economies opened up again. But manufacturing activity grew at a slower pace in China and Japan as raw materials rose, while activity shrank in Vietnam, Malaysia and India, where governments imposed tougher restrictions to contain fresh coronavirus outbreaks.

The problem isn’t a lack of supply. Rather, it’s a lack of truck drivers.

The US economy added 850,000 jobs in June, a noticeable pickup from the average of 546,000 jobs over the previous three months and much faster than the pace in the three months before that. This still leaves the economy 9 million jobs short of its trend.

June 2021

The motorhome maker is dealing with record-setting backlogs in towage and motorhome segments amid high demand.