Nicholas Christakis is director of the Human Nature Lab at Yale University and author of the bestseller "Apollo’s Arrow." He speaks with Hari Sreenivasan about the next phase of the pandemic based on previous pandemics.

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.

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...

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.

Despite an uptick in positive views of the economy in some places, many say that children will be worse off financially than their parents.

To hear an audio spoken word version of this post, click here.   One of the favorite parts of my job is thinking about issues in ways other people often do not. That might include identifying where consensus may be wrong (Inflation, Urban Exodus, Insurrections) or market values responding differently than expected. Even for issues…Read More

Leap in malnutrition during Covid shows urgent need to overhaul global food systems, report warns

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

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.

With new opportunities and a different perspective as the pandemic eases, workers are choosing to leave their jobs in record numbers.

Newly Released Report from The Counselors of Real Estate Technology and ESG round out leading three issues impacting real estate, followed by seven others researched by top international commercial property professionals. Chicago, IL — (June 23, 2021) —The Counselors of Real Estate, an international consortium of commercial property professionals, today released its newest report, Top …

Workers want more pay, better conditions or to be their own boss — and for now, they're getting what they want.

The broad economy has yet to show signs of a serious worker shortage, economists say. But in some narrow pockets, from sawmills to psychologists’ offices, employers are raising wages significantly and seeing little response.

Business applications were the highest on record in 2020—up 24 percent from the previous year. We document five key business formation trends we observed in the data.

Hiring was much weaker than expected in April. Wall Street thinks it’s a blip, but there could be a much deeper re-think going on of what jobs are needed and what workers want to do on a daily basis.

Far from signaling the return of significant inflation, temporary price increases are exactly what one would expect in a recovery following an economic shutdown. Whether those peddling inflation fears are pursuing their own agenda or simply jumping the gun, they should not be heeded.

Personal income decreased $3.21 trillion (13.1 percent) in April according to estimates released today by the Bureau of Economic Analysis (tables 3 and 5). Disposable personal income (DPI) decreased $3.22 trillion (14.6 percent) and personal consumption expenditures (PCE) increased $80.3 billion (0.5 percent).

Real gross domestic product (GDP) increased at an annual rate of 6.4 percent in the first quarter of 2021 (table 1), according to the "second" estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2020, real GDP increased 4.3 percent.

About four-in-ten unemployed workers had been out of work for more than six months in February 2021, about double the share in February 2020.

The total balance sheet for households and nonprofits rose to $136.9 trillion in the first quarter, a 3.8% gain from the end of 2020

Travelers, tourism professionals and medical experts share their perspectives.

The number of workers holding two or more jobs has increased from 1996 to 2018. The Census Bureau’s Longitudinal Employer-Household Dynamics tracks the growth.

Rizky Eka Valdano spent years building up his travel business, but the Covid-19 pandemic destroyed it in 10 months, echoing a plight that has played out across the developing world.

New evidence shows that the pandemic’s effects have largely not—or at least not yet—translated into dramatically higher delinquencies or defaults among small businesses.

Many businesses that closed during the pandemic may not be able to reopen.

Keep an eye on skills shortages, consumers’ wallets and the market’s expectations.

WASHINGTON (AP) — U.S. orders for big-ticket manufactured goods dropped unexpectedly in April for the first time in 11 months as a shortage of computer chips disrupted auto production. The Commerce Department reported Thursday that orders for factory goods meant to last at least three years fell 1.3% in April after rising 1.3% in March.