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Hawaiian boat tour owner is "carefully rebuilding" after tsunami damage

Jan 26, 2022
Sea Quest Hawaii's business was already down 30% from omicron when the tsunami caused $100,000 in damage to its office.
Sea Quest Hawaii's Kona office was the only building in the area to sustain substantial damage, owner Manu Powers says.
Sea Quest Hawaii

IMF downgrades global economic growth in its latest report

Jan 25, 2022
The IMF's Gita Gopinath talks about the challenges facing the global economy as the world enters its third year of the COVID-19 pandemic.
"The global economy did rebound quite strongly in 2021," says the IMF's Gita Gopinath. "The problem is that countries have recovered at very divergent paces." Above, Gopinath at a 2021 interview.
Pedro Ugarte/AFP via Getty Images

For small businesses, this fourth COVID wave feels different

Jan 24, 2022
For one thing, more people are sick. For another, government aid has dried up.
As omicron forces many workers to stay home, small business owners are grappling with how to stay open without federal aid.
Maja Hitii/Getty Images

Manufacturing growth slows as workers get omicron

Jan 24, 2022
Sick time is taking a bite out of manufacturing. And now companies have to make up for it.
The manufacturing sector will have some catching up to do.
Ben Prunchie/Getty Images

Adele "gutted" over canceling Vegas shows, but, hello, it's not just Adele

Jan 21, 2022
The singer's residency at Caesars Palace in Las Vegas was supposed to start Friday.
Live performances across the country are being canceled due to the omicron surge.
Frazer Harrison/Getty Images

First-time jobless claims rise — and worse may be yet to come

Jan 20, 2022
Analysts say businesses are under pressure and economic confidence has suffered.
The 311,000 number is higher than most predictions, while unemployment rose from 3.4% to 3.6%.
Olivier Douliery/AFP via Getty Images

Two years into the pandemic, this microbusiness owner is still on "a roller coaster"

Jan 19, 2022
"My brain is tired from adapting so much," says Ashlie Ordonez, owner of The Bare Bar in Denver, Colorado.

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New supply chain worries emerge as China races to contain omicron

Jan 18, 2022
About 20 million people are in lockdown under China's zero-COVID policy, and economic disruptions may be ahead.
Lockdowns could affect the operations of the tech industry and Chinese ports.
Jade Gao

Garbage collection slows in many cities as COVID-19 hampers staffing

Jan 13, 2022
Municipalities around the country have had to delay or reschedule trash pickup days.
Cities across the country are seeing trash pile up as omicron spreads.
Ed Jones/AFP via Getty Images

For many retailers, business has never been better. The future? Uncertain.

Jan 13, 2022
Millions of Americans are still shopping like crazy. But retailers worry their voracious appetite won't last much longer.
Americans have been eager to shop in recent months but haven't been able to find everything they want. Fresh retail sales data will come out Friday.
Raul Ratje/AFP via Getty Images