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Coronavirus relief

What does inflation look like?

by Kai Ryssdal and Maria Hollenhorst
Feb 23, 2021
Inflation’s been hard to find in this economy for years, but what if that changes?
At 2% inflation, the Federal Reserve's target rate, it takes about 35 years for prices to double.
Photo by Joe Raedle/Getty Images
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COVID-19

Inside the economy President Biden inherits

by Sabri Ben-Achour and Rose Conlon
Jan 21, 2021
How will the Biden administration approach a sharply unequal recession amid the COVID-19 pandemic?
The 10 million job losses for the U.S. economy have been concentrated in the leisure and hospitality sectors. Elsewhere in the economy, there's actually been substantial business formation.
Joe Raedle/Getty Images
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COVID-19

Biden unveiling $1.9T plan to stem virus and steady economy

by Associated Press
Jan 14, 2021
Biden's "American Rescue Plan" would deliver another round of aid to stabilize the economy while public health officials try to get the upper hand on the pandemic.
President-elect Joe Biden delivers remarks on Jan. 8 in Wilmington, Delaware.
Chip Somodevilla/Getty Images
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COVID-19

Will January bring more hiring?

by Samantha Fields
Jan 8, 2021
The latest COVID relief package will have a positive effect on the economy as soon as this month.
A waiter at the outdoor dining area of a restaurant in New York last year.
Spencer Platt/Getty Images
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COVID-19

Trump criticizes COVID relief bill, demands changes

by David Brancaccio and Nancy Marshall-Genzer
Dec 23, 2020
While Trump did not specifically threaten to veto the COVID bill, there's a chance this could delay relief checks.
Trump assailed the bipartisan $900 billion package in a video he tweeted Tuesday night.
Al Drago/Getty Images
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COVID & Unemployment

Will the latest stimulus last long enough?

by Sabri Ben-Achour
Dec 22, 2020
The $900 billion in relief was a compromise that may not compensate for the prolonged economic hardship.
Empty tables stand outside of a restaurant in Manhattan on Dec. 11, 2020, in New York City.
Spencer Platt/Getty Images
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COVID-19

What's included in Congress' $900 billion COVID relief bill?

by David Brancaccio , Nancy Marshall-Genzer , Nova Safo , Rose Conlon , Meredith Garretson , Erika Soderstrom and Alex Schroeder
Dec 21, 2020
The headline items are $600 checks to individuals and an additional $300 per week in unemployment benefits for many.
Senate Majority Leader Mitch McConnell on Capitol Hill on Dec. 20, 2020.
Tasos Katopodis/Getty Images
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COVID-19

Fed pandemic lending programs a sticking point in COVID relief talks

by Nancy Marshall-Genzer
Dec 18, 2020
Some Senate Republicans want a new COVID relief bill to prohibit the Fed from restarting pandemic lending programs.
The Fed programs include Main Street business loans and purchases of corporate and municipal bonds. Pictured: Fed Chair Jerome Powell at a House committee hearing on Dec. 2, 2020.
Pool/Getty Images
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COVID-19

GoFundMe CEO calls platform a "complement," not substitute, for government programs

by Kai Ryssdal and Alli Fam
Dec 15, 2020
From the coronavirus to racial justice, GoFundMe has seen an outpouring of support this year.
GoFundMe donations have an "emotional component," says CEO Tim Cadogan.
John Moore/Getty Images
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Janet Yellen, Biden's pick for treasury secretary, says U.S. needs more pandemic relief spending

by David Brancaccio , Nancy Marshall-Genzer and Alex Schroeder
Nov 24, 2020
Yellen, a former Fed chair, has advocated for more spending to aid small businesses and the unemployed during COVID-19.
Yellen is seen as an authority on what happens if the government cuts back on stimulus spending too soon.
Brendan Smialowski/AFP via Getty Images
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