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News Articles: Economy

People walk in Wuhan on Jan. 10, the eve of the first anniversary of China confirming its first COVID-19 death. Chinese officials said on Monday that its economy managed to grow 2.3% in 2020.

Tagged as: 

  • Asia

China Says Its Economy, Recovering From The Pandemic, Grew 2.3% Last Year

China's is likely the only major economy to have expanded in 2020, as the coronavirus pandemic gripped the world.

January 18, 2021
|
By:
  • Rachel Treisman
Newtown Macon offices

Tagged as: 

  • Business

New Loans Could Save Macon Businesses Impacted By COVID-19

Business owners struggling to stay afloat during the coronavirus pandemic have new opportunities for economic relief from the federal government.

January 15, 2021
|
By:
  • Liz Fabian
Then presidential candidate Joe Biden speaks at a "Build Back Better" Clean Energy event on July 14, 2020. On Thursday, Biden unveiled an ambitious economic plan just days before he's set to be inaugurated as president.

Tagged as: 

  • Economy

$1,400 Checks And Help For The Jobless: What's In Biden's Plan To Rescue The Economy

President-elect Joe Biden is proposing a $1.9 trillion plan to address the coronavirus pandemic and the resulting economic crisis.

January 15, 2021
|
By:
  • Scott Horsley
Skepticism about COVID-19 vaccinations has prompted suggestions that the government should pay people to get the shots. (AP Photo/LM Otero)

Tagged as: 

  • Economy

Should The Government Pay People To Get Vaccinated? Some Economists Think So

Dr. Anthony Fauci says the country will likely need a vaccination level of between 70% and 90% to reach herd immunity. Right now, that math doesn't quite add up.

January 13, 2021
|
By:
  • Uri Berliner
Babe Ruth, a pitcher for the Boston Red Sox, in 1918. That year, World War I and the Spanish flu pandemic slashed MLB game attendance by over half from what it was in the previous season.

Tagged as: 

  • Economy

What 1919 Teaches Us About Pent-Up Demand

A hundred years ago, a world war and a pandemic wreaked havoc on baseball and other industries. But pent-up demand helped them come roaring back.

January 12, 2021
|
By:
  • Greg Rosalsky
The drilling rig Polar Pioneer outfits for Arctic oil exploration in 2015. A proposed rule from the Trump administration would force banks to offer financing to oil companies, gun-makers and high-cost payday lenders, even if the banks don't want to.

Tagged as: 

  • National

Trump Regulator's Rule Would Force Banks To Lend To Gun-Makers And Oil Drillers

The Trump administration is trying to force banks to make loans to gun-makers and to finance payday lenders. Critics call the move bizarre. It's opposed by watchdog groups and banks.

January 11, 2021
|
By:
  • Chris Arnold
With coronavirus cases surging in December, restaurants, movie theaters and other businesses that rely on in-person traffic struggled, weighing on the U.S. job market.

Tagged as: 

  • Economy

Pandemic Pricetag: U.S. Employers Cut 140,000 Jobs In December

The runaway pandemic put more pressure on the U.S. job market last month. Employers shed 140,000 jobs as the unemployment rate held steady at 6.7%.

January 08, 2021
|
By:
  • Scott Horsley
Labor Commissioner Mark Butler

Tagged as: 

  • Economy

Jobless Georgians Receive First Checks From New Federal Stimulus Package

The Georgia Department of Labor started paying out unemployment benefits last week through the new federal COVID-19 relief legislation even as a group of unemployed Georgians sued the agency to speed up checks.

January 08, 2021
|
By:
  • Dave Williams
President-elect Joe Biden will nominate Boston Mayor Marty Walsh to be his labor secretary. Here, the two look at renderings for a Boston park in 2019.

Tagged as: 

  • Politics

Biden Taps Boston Mayor Marty Walsh As Labor Secretary

If confirmed by the Senate, Walsh would be the first union member to serve in this role in nearly half a century, Biden's transition team says.

January 07, 2021
|
By:
  • Benjamin Swasey
The New York Stock Exchange is moving to delist three Chinese telecom companies, saying on Wednesday that it will go ahead with the plan after receiving feedback from the Treasury Department.

Tagged as: 

  • Business

NYSE Reverses Itself Again, Moving To Delist 3 Large Chinese Telecoms

The reversal comes one day after Treasury Secretary Steven Mnuchin reportedly criticized the New York Stock Exchange's decision not to delist the companies.

January 06, 2021
|
By:
  • Bill Chappell

Tagged as: 

  • National

Have You Been Evicted During The Pandemic, Or Afraid Of Losing Your Home?

NPR wants to hear from you if you have lost income and couldn't pay rent to your landlord or needed a mortgage forbearance.

January 06, 2021
|
By:
  • Chris Arnold
The New York Stock Exchange is backing off plans to delist shares of three Chinese companies, including China Telecom Corp. One of the company's stores is seen here in Hong Kong on Monday.

Tagged as: 

  • Business

NYSE Will Not Delist 3 Chinese Telecoms Trump Administration Wanted Removed

The Trump administration has alleged that some Chinese companies funnel money to China's military. China had threatened to retaliate for the move.

January 05, 2021
|
By:
  • Bill Chappell
Macon-Bibb County Emergency Management Director Spencer Hawkins gives a tour of the new Brookdale Warming Center Monday.

Tagged as: 

  • Economy

Macon-Bibb County, Volunteers Set To Open, Staff New Homeless Shelter

A new 24 hour, seven day a week warming shelter for the homeless will open this week in Macon-Bibb County. The shelter was put together in the wake of the freezing deaths of two men, one of whom had slept under Interstate 75 Christmas Eve.

January 04, 2021
|
By:
  • Grant Blankenship
GA Today default image

Tagged as: 

  • Economy

The Fate Of Local Budgets Without Enough Money In The Relief Bill

NPR's Ari Shapiro speaks with Tracy Gordon, a senior fellow with the Urban-Brookings Tax Policy Center, about how the pandemic continues to affect local government funding.

December 31, 2020
|
By:
  • GPB Newsroom
Yvette Arrington with the New York Stock Exchange trading floor operations watches the market slide on March 9 as coronavirus fears grip the financial markets.

Tagged as: 

  • Business

Stocks 2020: A Stunning Crash, Then A Record-Setting Boom Created Centibillionaires

The stock market meltdown made way to a stunning rebound that made the rich a lot richer. What happened?

December 31, 2020
|
By:
  • Jim Zarroli
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