Economic insight from The Wall Street Journal. Want more? Sign up for our daily Real Time Economics newsletter: https://t.co/HX7UM0pmuK
President Biden said the U.S. would have enough Covid-19 vaccines for all American adults by the end of May, after regulators authorized the one-shot Johnson & Johnson vaccine and Merck agreed to help produce it.
Regulators should continue to advance reforms to the financial system to address vulnerabilities revealed by the coronavirus-induced market turmoil, Federal Reserve Gov. Lael Brainard said
“Let me be really clear: It’s not up to me to decide whether anyone should join a union. But let me be even more clear: It’s not up to an employer to decide that either,” President Biden said.
Human capital—the corporate workforce—now outweighs factories and equipment for much of the economy, said John Hoeppner, head of U.S. stewardship for Legal and General Investment Management.
The White House intends to withdraw Neera Tanden’s nomination to lead the Office of Management and Budget, an administration official said
“I’m basically discouraging people from buying." Makers of sofas, boats, and exercise equipment can't keep up with surging consumer demand after slowing production at the start of the pandemic.
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The U.S. imposed visa and export restrictions on Chinese state-owned companies and their executives involved in advancing Beijing’s territorial claims in the contested South China Sea
Presidential candidate Andrew Yang says his universal basic income policy would prepare people for the 21st-century economy: "We need to wake America up to the fact that it is not immigrants that are causing these [job] dislocations, it's technology." #WSJFuture
How much you have to earn to be in the 1%: $506,000 in New York $438,000 in California $263,000 in Mississippi
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