Economists have been waiting for Americans to shift from buying goods, like furniture and appliances, and toward spending on vacations, restaurant meals and other services as the pandemic fades, betting […]
Coronavirus (2019-nCoV)
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Back to news homeCovid, Russia and Economy Put the ‘China Model’ to the Test
A year ago, while many countries were still reeling from Covid-19, China seemed to be one of few places prospering through the pandemic. It was also the only major economy […]
More Private Jets Take to the Skies, Creating Gridlock on the Ground
When Mike Pellitteri started flying his private plane in 2013, it was easy to find a spot to park it. But over the past decade, hangar space has become sparse, […]
Shanghai’s Lockdown Tests Covid-Zero Policy, and People’s Limits
Even before Shanghai imposed a lockdown to curb a rapidly spreading Covid outbreak, life for many in China’s wealthiest city had been upended by the virus — and the government’s […]
New Supply Chain Risk: 22,000 Dockworkers Who May Soon Strike
In a world contending with no end of economic troubles, a fresh source of concern now looms: the prospect of a confrontation between union dockworkers and their employers at some […]
Is America’s Economy Entering a New Normal?
The pandemic, and now the war in Ukraine, have altered how America’s economy functions. While economists have spent months waiting for conditions to return to normal, they are beginning to […]
How 6 Workers Built New Careers In the Pandemic
Jane Watiri Taylor was working as a nurse at the Travis County Jail in Austin, Texas, when the pandemic hit. She called it the most frightening time she could remember […]
As Offices Ease Covid Safety Measures, Workers Worry
Employers are embracing a workplace atmosphere reminiscent of prepandemic times — elevators jammed, snack tables brimming, face coverings optional — even as a new subvariant of the Omicron coronavirus spurs […]
Confusion and Chaos in Hong Kong as Leaders Fumble Virus Response
HONG KONG — From week to week as infections barreled through the city, residents in Hong Kong watched the government’s coronavirus policies change.First, officials said they didn’t have plans for […]
China’s Covid Lockdowns Set to Further Disrupt Global Supply Chains
BEIJING — Trucks are being delayed by the testing of drivers. Container rates are rising as ships wait for many hours at ports. Products are piling up in warehouses.As Chinese […]