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Dec 01

Watch 8:33
Why the pandemic is forcing millennials to move back home with their parents

The pandemic has accelerated a change in housing in the U.S. that began well before the spread of COVID-19. Millennials, adults between the ages of 24 and 39, continue to move back home with their parents in significant numbers. For…

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Nov 19

Watch 3:52
News Wrap: Central American search teams find more hurricane dead

In our news wrap Thursday, Hurricane Iota’s death toll has passed 40 across Central America. Search teams continue to find bodies in landslides triggered by flooding. Entire communities in Honduras and Nicaragua were overwhelmed, with thousands left homeless. Also, a…

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Nov 06

Watch 3:22
News Wrap: U.S. sees over 120,000 new COVID-19 cases in a day

In our news wrap Friday, the U.S. wave of coronavirus infections is still building. More than 120,000 new cases were reported in the last day, pushing the national total past 9.6 million with more than 235,000 deaths. Also, remnants of…

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Nov 05

Watch 3:14
News Wrap: Fed keeps interest rate low, referencing ‘uncertain’ economy

In our news wrap Thursday, the Federal Reserve kept its benchmark interest rate near zero, as was expected. Jerome Powell, chair of the Fed, spoke after a two-day policy meeting about the “extraordinarily uncertain” economic outlook. Also, the remains of…

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Oct 29

Watch 6:57
How the pandemic has shifted U.S. labor from services to goods

The last major economic report before Election Day indicates a 7.4 percent growth rate in economic output during the year’s third quarter. It’s a sharp rebound from the record plunge of the previous quarter, and the fastest pace since World…

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Oct 15

Watch 6:21
The moral questions about how traders may have profited off the pandemic

In late February, when the pandemic was beginning to take hold in the U.S., President Trump and his team downplayed the risk to the American public. But a new report finds that key advisers to the president were conveying a…

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Oct 07

Watch 7:27
Americans need a ‘robust’ federal aid package, says Fed’s Kashkari

While parts of the U.S. economy have recovered from the pandemic better and more quickly than expected, there are signs that millions of Americans could be without a job for six months or longer. That prospect -- along with the…

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Oct 02

Watch 7:44
The deeply unequal economic consequences of the pandemic

The last jobs report before Election Day showed the smallest monthly gain since May, raising concerns about a slowing and deeply uneven economic recovery. About half the initial 22 million jobs lost to the pandemic have been added back, but…

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Sep 02

Watch 8:01
What CDC’s eviction moratorium means for renters — and landlords

The Trump administration has announced a temporary national moratorium on evictions for tens of millions of renters who have lost work. The action comes via the Centers for Disease Control and Prevention, which says evictions pose a health hazard during…

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Sep 01

Watch 4:58
As pandemic continues, how Americans are coping with less unemployment aid

The economic crisis caused by the coronavirus pandemic has lingered for months, but Congress is still far from passing additional relief. A few weeks ago, President Trump took steps toward granting more federal unemployment aid -- but that money is…

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