Follow the latest Coronavirus Economic Impacts news, videos, and analysis from ABC News.
1 month ago
How restaurants plan to reopen amid the coronavirus pandemic
As restaurants begin to reopen across the country, owners and managers are faced with new challenges to keep staff and customers safe.
1 month ago
1 month ago
New US hospitals face fiscal crisis over COVID relief money
A handful of U.S. hospitals are facing a financial crisis that officials say was caused by the federal government's rules for pandemic relief money
1 month ago
2 months ago
Emirates Air lost $1 billion, but that's an 80% improvement
The figure is an 80% improvement from the year before.
2 months ago
2 months ago
Pandemic having lasting impact on the US economy
The Labor Department reports 203,000 Americans filed jobless claims last week, up about 1,000 from the week before.
2 months ago
2 months ago
By the Numbers: Pandemic Housing
A look at skyrocketing housing prices during the pandemic
2 months ago
2 months ago
Amazon ends paid COVID leave
Workers for the tech giant will be allowed to use sick time or take unpaid leave if they test positive for COVID-19.
2 months ago
2 months ago
Sneakers, elastic pants: People alter office wear amid COVID
After working remotely in sweats and yoga pants for two years, many Americans are rethinking their wardrobes to balance comfort and professionalism as offices reopen
2 months ago
2 months ago
How the pandemic changed career paths for women
Annelizabeth Konkel, an economist at Indeed Hiring Lab, talks about the effects the pandemic has had on women of color and the financial impact on women amid the fight for equal pay.
2 months ago
2 months ago
Arkansas turning down remaining federal rental assistance
Arkansas is turning down most of the $146 million in federal pandemic rental assistance the state was set to receive
2 months ago
2 months ago
How pandemic funding fraud cost US millions
ABC News’ Kayna Whitworth speaks to author and ProPublica’s Reporter J. David McSwane about his book “Pandemic Inc.: Chasing the Capitalists and Thieves Who Got Rich While We Got Sick.”
2 months ago
2 months ago
Over 50% of independent restaurants, bars without federal grants fear permanent closure within 6 months
As a Senate vote looms for Restaurant Revitalization Funds, the Independent Restaurant Coalition unveiled a new report on the fate of the industry.
2 months ago
3 months ago
Senators close in on $10 billion COVID relief deal
Top Senate negotiators have said they are close to striking a deal to approve $10 billion in additional COVID relief funding as Democrats grumble over the compromise.
3 months ago
3 months ago
Fewer Americans file for jobless claims last week
Fewer Americans applied for unemployment benefits last week, as layoffs continue to decline amid a strong job market rebound
3 months ago
3 months ago
Florida couple pleads guilty to $881K COVID-19 relief fraud
A Florida couple has pleaded guilty to stealing nearly $900,000 in COVID-19 relief funds
3 months ago
3 months ago
Women lost jobs at a higher rate in the pandemic. Many still haven't returned.
President Joe Biden declared "America is back to work." But most of the nation’s 6.6 million jobs gained since Biden took office have gone to men.
3 months ago
3 months ago
Economic impact of pandemic hit women hardest
The Department of Labor reports that not only did more women leave the workforce since the pandemic began, but fewer have returned.
3 months ago
3 months ago
White House says 1st cuts to COVID efforts will hit Americans next week as funding stalls in Congress
The White House detailed which programs are at-risk of cuts in a letter to Congress on Tuesday.
3 months ago
4 months ago
White House: Congress must act soon to replenish COVID funds
The White House is warning that the U.S. will soon start running out of money to bolster COVID-19 testing supplies and to guarantee that uninsured Americans keep getting free treatment for the virus _ unless Congress swiftly approves more funding
4 months ago
4 months ago
Convoy protesting COVID-19 mandates does beltway circuit
A large group of truck drivers and their supporters object to COVID-19 mandates.
4 months ago
4 months ago
New offices for the hybrid era? Many companies are on board
Building a gleaming new headquarters at a time when more and more people are working from home may not seem to make sense
4 months ago
4 months ago
New offices for the hybrid era? Many companies are on board
Building a gleaming new headquarters may not seem to make sense.
4 months ago
4 months ago
Inflation in 19 nations using euro sets record for 4th month
Inflation in Europe hit a record high for the fourth month in a row.
4 months ago
4 months ago
Biden outlines COVID plans, says it's time to return to work
President Joe Biden says “it’s time for Americans to get back to work” and he's announcing new efforts to allow people to return to normal activities safely after two years of pandemic disruptions
4 months ago
4 months ago
Pandemic's impact on recent college graduates
ABC News’ Em Nguyen delves into challenges recent graduates face as their formative years have been disrupted by the COVID-19 pandemic.
4 months ago
4 months ago
AOL founder on how pandemic is changing spread of tech jobs
AOL founder Steve Case started to build the online services company nearly 40 years ago before the internet became a mainstream phenomenon
4 months ago
4 months ago
'No-COVID' policy drags on Hong Kong economy as cases surge
Once bustling Hong Kong is languishing amid a strict zero-COVID strategy.
4 months ago
4 months ago
By the Numbers: How states are spending billions in pandemic relief
A look at how states and localities are spending the combined $350 billion allocated to them in the American Rescue Plan.
4 months ago
4 months ago
Inflation rate climbs to 7.5% in 40-year high
Mary Bruce reports from the White House with the latest on rising inflation numbers and the political implications that come with it.
4 months ago
4 months ago
G-20 finance leaders eye ways to support pandemic recovery
Indonesian President Joko Widodo told financial leaders of the Group of 20 industrial economies that countries must avoid tensions and cooperate to support a recovery from the pandemic
4 months ago
4 months ago
January retail sales surge 3.8% as consumers defy inflation
Fueled by pay gains, solid hiring and enhanced savings, Americans sharply ramped up their spending at retail stores last month in a sign that many consumers remain unfazed by rising inflation
4 months ago
5 months ago
California considering bill to create trust funds for COVID-19 orphans
A bill in the California state house is looking to give foster kids who lost a parent to COVID-19 some financial help.
5 months ago
5 months ago
New York City considers making pandemic sidewalk dining rules permanent
The sights of dining tables sprawled out on an open city street may become a permanent fixture in the Big Apple.
5 months ago
5 months ago
How school districts and states are trying to attract teachers during the pandemic
The stress of the pandemic is likely to only exacerbate challenges in recruiting teachers.
5 months ago
5 months ago
Jobless claims fall for second straight week
Fewer Americans applied for unemployment benefits for the second week.
5 months ago
5 months ago
Amsterdam's sex workers face financial stress as the pandemic continues
Although business was slow in October compared to years past, some sex workers at the time seemed optimistic about the end of the pandemic.
5 months ago
5 months ago
Japanese game maker Nintendo's profits hurt by chips crunch
Nintendo reported its profit for the nine months through December slipped 2.5%.
5 months ago
5 months ago
By the Numbers: Car prices continue to soar
Car buyers will likely face serious sticker shock, with 87% now paying above the manufacturer’s list price.
5 months ago
5 months ago
Millions across the country are resigning from their jobs to follow passions
Nearly 4.5 million Americans left their jobs in the month of Nov. 2021. According to the U.S. Census Bureau, there has been a record-breaking surge in entrepreneurs starting their own businesses.
5 months ago
5 months ago
Kraft Heinz announces price hike for popular items
Kraft Heinz said it’s raising the prices on some groceries items this spring, including Velveeta cheese, hot dogs and cold cuts.
5 months ago
5 months ago
Major food brand warns of more price hikes for household staples
Kraft Heinz alerted customers that it will raise prices in March on dozens of popular products, including Velveeta cheese, hot dogs and cold cuts.
5 months ago
5 months ago
American Airlines reports $931 million fourth-quarter loss
American Airlines is reporting a $931 million loss for the fourth quarter and warning that omicron will further delay its recovery
5 months ago
5 months ago
Wealth of 10 richest men doubled in pandemic as 99% of incomes dropped: Oxfam
The ten richest men in the world have doubled their fortunes during the COVID-19 pandemic, a report published Monday by the advocacy group Oxfam said.
5 months ago
5 months ago
Omicron's impact on restaurant industry shows dire need for restaurant relief grants
A new report from The Independent Restaurant Coalition showed bankruptcies, evictions and closures of restaurants and bars after 22 months without federal relief grants.
5 months ago
5 months ago
December retail sales slip after a record holiday season
Americans overlooked shortages, spiking prices and uncertainty over the omicron variant to break spending records during the critical holiday shopping season
5 months ago
5 months ago
Maryland prosecutor Marilyn Mosby indicted for allegedly lying on loan application spent on vacation home
Mosby made $250,000, but claimed she was facing COVID financial hardships.
5 months ago
6 months ago
Price spikes hit 40-year high
A combination of pandemic-induced supply chain disruptions and consumer demand have created surging prices across the country, with inflation up 7% over the last 12 months.
6 months ago
6 months ago
Inflation hits a 40-year high
Food, meat, poultry, fish and eggs are up 12.5% from a year ago and rent is up almost 4%. Experts say supply chain problems and high demand are fueling the surge in inflation.
6 months ago
6 months ago
Fed survey finds economy growing modestly despite COVID
The Federal Reserve says the economy was growing at a modest pace at the end of 2021 but was still being held back by ongoing supply-chain disruptions and labor shortages
6 months ago
6 months ago
New numbers on price hikes expected
ABC News' Rebecca Jarvis highlights what to expect as inflation continues across the nation, including where you might see the biggest price hikes at home.
6 months ago
6 months ago
US airlines say China is forcing them to cancel some flights
China is blocking more than a dozen U.S. airline flights to the country because some passengers on recent flights tested positive for COVID-19
6 months ago