HONG KONG — As the government in Hong Kong struggles to contain the city’s worst Covid outbreak ever, some residents have panicked. They have emptied supermarket shelves of vegetables and […]
Shortages
Trending topics and news from the Shortages category
Back to news homeUkrainian Invasion Adds to Chaos for Global Supply Chains
And if the conflict is prolonged, it could threaten the summer wheat harvest, which flows into bread, pasta and packaged food for vast numbers of people, especially in Europe, North […]
Patrick Gelsinger is Intel’s True Believer
A few days later, he got a surprise call from Mr. Grove. The Hungarian-born executive, then Intel’s president who later wrote the management book “Only the Paranoid Survive,” had built […]
The Real Reason America Doesn’t Have Enough Truck Drivers
Every truck stop is like a shrine seeking to ward off the demons of fatigue. Refrigerated display cabinets are stocked with supercaffeinated energy drinks whose brand names attest to the […]
A Normal Supply Chain? It’s ‘Unlikely’ in 2022.
With the havoc at ports showing no signs of abating and prices for a vast array of goods still rising, the world is absorbing a troubling realization: Time alone will […]
Omicron’s Economic Toll: Missing Workers, More Uncertainty and Higher Inflation (Maybe)
Covid-related absences are creating headaches for businesses that were struggling to hire workers even before Omicron. Restaurants and retail stores have cut back hours. Broadway shows called off performances. Airlines […]
Spike in Inflation Reignites Debate on Price Controls
In a recent survey of 41 academic economists conducted by the University of Chicago’s Booth School of Business, 61 percent said that price controls similar to those imposed in the […]
CPI December 2021: Inflation Jumped at Fastest Pace Since 1982
Inflation climbed to its highest level in 40 years at the end of 2021, a troubling development for President Biden and economic policymakers as rapid price gains erode consumer confidence […]
Why Tesla Soared as Other Automakers Struggled to Make Cars
For much of last year, established automakers like General Motors and Ford Motor operated in a different reality from Tesla, the electric car company.G.M. and Ford closed one factory after […]
Toyota Topped G.M. in U.S. Car Sales in 2021
Automakers are also contending with the transition to electric cars and trucks. Many companies are spending tens of billions of dollars designing battery-powered models and building plants to produce them. […]