“Millions are exhausting one unemployment program and rolling onto another, underscoring that the coronavirus is still actively damaging large swaths of the economy,” one labor economist said.
Category Archives: business
Trump inherited a booming economy — and handed Biden a nation 'in shambles'
“If you’re the average person, do you care if GDP was 3.2 or 3.4 percent? No, you care if you have a job,” said one economist.
Amazon offers Biden help with Covid-19 vaccine distribution
“We are prepared to move quickly once vaccines are available,” Dave Clark, CEO of Amazon’s consumer business, wrote.
Trump's economic legacy: Trade wars, tariffs and tax breaks
“There’s very little evidence to suggest the Trump administration’s policy had lasting impact,” said one economist.
Aldi becomes latest company to pay employees to take Covid-19 vaccine
Instacart, Dollar General and Trader Joe’s also announced similar plans.
Alibaba's Jack Ma makes first public appearance in three months
Speculation over Ma’s whereabouts has swirled in the wake of a regulatory clampdown by Beijing on his sprawling business empire.
N.Y.C. now largest U.S. city to grant LGBTQ businesses access to minority contracts
Lesbian, gay, bisexual and transgender business owners are now eligible for billions of dollars in city contracts.
Washington hotels weigh inauguration profits against safety
“No worker, union or nonunion, should have to risk their life to go into work,” a union representative said.
Beleaguered small businesses in D.C. are 'paying the price' for Capitol rioting
“It’s a perfect storm of things that could hurt your business. And you’re in the eye of that storm. That’s really where we are,” one small-business owner said.
Will the Biden administration be able to stop evictions of tenants hurt by Covid?
An eviction moratorium only works if it is well-enforced, tenant advocates say, and evictions are still happening, according to legal aid practitioners.