Economy

Stocks Skyrocket Amid Pfizer's Report On Effectiveness Of A Coronavirus Vaccine

5:34pm November 09, 2020

by Jim Zarroli

Stocks soared to record highs after drugmaker Pfizer announced its experimental coronavirus vaccine was more than 90% effective, providing a major dose of hope for the global economy.

A pre-pandemic Seattle supermarket boasts row after row of prepackaged snacks. Even before the pandemic put extra stress on grocery workers, keeping shelves stocked with the variety Americans have come to expect took a hidden toll on producers, distributo

'Secret Life Of Supermarkets' Shines A Light On Bounty's Dark Side

7:00am November 07, 2020

by John Henning Schumann

Keeping U.S. markets filled with a dazzling array of choices relies on an army of farmers, suppliers, truckers and retail workers. What's gained and lost as all that food makes its way to the shelves?

U.S. Unemployment Rate Continued To Drop In October

5:10pm November 06, 2020

by Scott Horsley

U.S. employers added 638,000 jobs last month as the unemployment rate dropped to 6.9%. The U.S. has regained about half the jobs lost in March and April, but a pandemic surge may cloud the recovery.

Queue Listen Now

Economy

Auto Sales Rebound Faster Than Analysts Had Predicted

3:33pm November 06, 2020

by Camila Domonoske

Earlier this year things were looking grim for the auto sector. Plants were shut down and experts predicted a big drop in demand. But now automakers are making a lot of money.

Queue Listen Now

A woman holds a sign saying "We Need Our Jobs" during a protest by workers in the cruise ship industry in Miami last month. Employers added fewer jobs as pandemic cases start to surge again across the country.

Unemployment Drops To 6.9%, But Pandemic Surge Clouds Recovery

12:01pm November 06, 2020

by Scott Horsley

U.S. employers added 638,000 jobs last month as the unemployment rate dipped to 6.9%. A winter spike in coronavirus infections threatens to further weaken job growth.

A woman walks by the New York Stock Exchange on Oct. 5. Stock markets are rallying at the prospect that this week's elections will result in a divided government.

Wall Street Bet On A 'Blue Wave,' But Divided Government Suits It Just Fine Too

5:20pm November 05, 2020

by Jim Zarroli

Stocks have traditionally done well with a Democrat in the White House and Congress under Republican control.

Heather Wilcox-Nicholls lost her job with Mattress Firm during the pandemic. She had been with the company for about five years and was about to take on a new store as a manager.

These Women Built Careers In Retail. The Pandemic Tore Through Their Stores

4:06pm November 05, 2020

by Alina Selyukh

Women hold the majority of jobs in clothing and department stores, gift and souvenir shops. They run cash registers everywhere. Now thousands of stores have shuttered, leaving them jobless.

Queue Listen Now

NC Treasurer Dale Folwell Wins Reelection, Lays Out Priorities

3:59pm November 04, 2020

by Keri Brown

Republican Dale Folwell of Forsyth County won his reelection bid for state treasurer, defeating Democratic challenger Ronnie Chatterji.

Queue Listen Now

Voters are sharply divided along partisan lines and their views on President Trump and Joe Biden when it comes to the economy and the pandemic, according to a massive poll conducted by The Associated Press.

Election Shows Stark Partisan Divide On Economy, Coronavirus

2:18pm November 04, 2020

by Scott Horsley

Partisan views are shaping opinions of the economy as the nation slowly digs its way out of the coronavirus recession.

What Is The Impact Of The Presidential Election On The U.S. Economy?

11:26am November 03, 2020

NPR's David Greene talks to David Wessel, director of the Hutchins Center at the Brookings Institution, about how the presidential election will set the economic course for years to come.

Queue Listen Now