Century-old business latest casualty of San Francisco retail closures
Goorin Bros., a San Francisco hat store that was founded in 1895, will shutter a Union Square location, following other stores that have fled the city since the pandemic.
More than $200 billion in COVID-19 pandemic relief wasted, watchdog says
A new government watchdog report finds that more than $200 billion in COVID-19 relief funds were wasted and potentially given to fraudsters who ripped off U.S. taxpayers.
Walgreens slashes profit outlook as demand for COVID shots, tests wanes
Walgreens slashed its annual earnings guidance as it continues to face waning demand for COVID vaccines and testing, which is cutting into its profits.
Martha Stewart warns American economy will 'go down the drain' if people don't return to offices
While skewering the economy of France, Martha Stewart warned that the U.S. economy could "go down the drain" if people do not return to their offices.
Ernst bill would defund EcoHealth Alliance, other orgs that 'disregard the law'
Iowa Senator Joni Ernst will introduce the STOP Act to strip taxpayer funds from groups like EcoHealth Alliance that have grants suspended or revoked.
Facebook parent Meta Platforms bringing workers back to office three times a week
Meta Platforms will soon require certain staffers to report a few days a week to do their work in person, a move first reported Thursday by The Information.
Eviction bans remain in California more than 3 years into the pandemic
Proponents of the California bans say that lifting all protections would exacerbate homelessness in cities with some of the country’s highest housing costs.
Poland asks Pfizer to renegotiate COVID-19 vaccine deal
Poland has called on Pfizer to come to more favorable terms in negotiations to lower the total amount of COVID-19 doses it is sending.
Virginia governor blasts teachers' union boss over lockdown history rewrite attempt: 'Can't spin' her way out
Virginia Gov. Glenn Youngkin slammed American Federation of Teachers President Randi Weingarten for her testimony on COVID school closings last week.
Small Business Person of the Year goes to Minnesota deli owner
A deli owner has won the Small Business Person of the Year. Abdirahman Kahin of Afro Deli & Grill in St. Paul became successful after adjusting his business model during the pandemic.
Adderall, Ozempic and other drug shortages have no clear resolution and could exist for years, experts say
Experts say national drug shortages, caused by manufacturing problems, demand spikes, and tightened ingredient supply lines, have no clear resolution and could persist for years.
China drops PCR test requirement for inbound travelers in efforts to revive tourism
The Chinese government will no longer require a PCR test for inbound travelers starting April 29 after nearly three years of strict pandemic-related restrictions.
McKinsey, Bain delay some M.B.A. start dates to 2024
High-paid start date delays for new MBA hires suggests that consulting giants including McKinsey and Bain have broader concerns about the economic future.
GOP senator releases ‘bombshell’ COVID-19 origins report
Sen. Roger Marshall, R-Kan., discusses revelations in a 300-page report suggesting the coronavirus pandemic originated from two lab leaks in China.
IRS warns of fast-approaching deadline to claim 2019 tax refunds totaling nearly $1.5B
The IRS says nearly 1.5 million Americans still have unclaimed refunds for the 2019 tax year following the COVID-19 pandemic. The deadline to claim the money is coming up.
US, China to lead growth in government debts
Worldwide government debt declined briefly with the end of costly pandemic-related measures, but it is expected to start climbing again this year, the IMF said.
US spending $5 billion to increase new COVID vaccines' speed of development
The U.S. government is spending more than $5 billion to increase the speed of development of new COVID-19 vaccines and treatments, according to officials.
IMF projects slowest rate of growth in decades, urges 'support' from wealthier countries
The IMF cited the war in Ukraine and health concerns in China as chief potential stumbling blocks that could prevent a more robust economic recovery in coming years.
This is what happens when government floods our economy with easy money
The culprit responsible for high inflation was profligate government spending in the form of multitrillion-dollar spending bills sold as "COVID relief" and "infrastructure."
More Walgreens pharmacies return to normal hours as staff shortage eases
Walgreens said it is addressing the ongoing pharmacist labor shortage that forced some store pharmacies to close earlier. Now, more than 500 locations returned to normal hours.