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Business and Economic News

Swarms of locusts continue to plague large swaths of Africa, Asia

Swarms of locusts continue to plague large swaths of Africa, Asia

Titanic swarms of desert locusts resembling dark storm clouds are descending ravenously on the Horn of Africa. They're roving through croplands and flattening farms in a devastating salvo experts are calling an unprecedented threat to food security.
by Pranav Baskar

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Tune in to 'Up All Night' for the story of Daniel Schorr and the birth of CNN

Tune in to 'Up All Night' for the story of Daniel Schorr and the birth of CNN

Former Murrow Boy Dan Schorr and "Mouth of the South" Ted Turner seem like an unlikely pairing — but when Turner was launching CNN 40 years ago, the veteran newsman was his first editorial employee.
by Scott Simon

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World Bank: Recession is the deepest in decades

World Bank: Recession is the deepest in decades

The World Bank issues a report this week detailing the extent of the recession, the first caused solely by a pandemic. Its findings are sobering — but do offer a glimmer of hope.
by Joanne Lu

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Market meltdown: Dow dives 1,800 points on worries of 2nd coronavirus wave

Market meltdown: Dow dives 1,800 points on worries of 2nd coronavirus wave

Stocks plunged Thursday amid reports of a second wave of coronavirus cases, as well as a warning from Fed officials that the economy may take longer than first thought to recover.
by Jim Zarroli

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Thousands of workers say their jobs are unsafe as economy reopens

Thousands of workers say their jobs are unsafe as economy reopens

In places ranging from chicken processing plants to hair salons, workers say employers aren't doing enough to protect them from getting sick. Advocates blame a lack of mandatory federal safety rules.
by Chris Arnold

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The Fed helped companies borrow money. Some laid off thousands anyway

The Fed helped companies borrow money. Some laid off thousands anyway

Companies can borrow money from the Federal Reserve under its new lending programs. It's been good for the stock market, but the central bank's effort to help the economy has had lopsided results.
by Jim Zarroli

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Walz calls special session on police accountability, bonding

Walz calls special session on police accountability, bonding

On the eve of the start of a special legislative session, Gov. Tim Walz and fellow Democrats in the state Legislature proposed a wide-ranging set of measures designed to overhaul policing in the wake of killing of George Floyd.
by MPR News Staff

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