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Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

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Photo: Robert Nickelsberg/Getty Images

Hundreds of meat plant workers across the country have fallen ill with the coronavirus, leading to a slowdown in output and surge in prices.

By the numbers, per Bloomberg: The price of wholesale pork rose by 7.2% to 55.86 cents a pound Thursday — the largest increase in more than two years. Choice-grade beef prices rose to a one-month high of $2.36 a pound, climbing for six straight days through Thursday.

The increase in prices comes as Smithfield Foods, the world’s largest pork producer, announced three plant closures in recent days. Among those are a pork processing plant in Sioux Falls, S.D., At least 644 cases of the virus have been traced back to the plant.

Go deeper: Stores struggle to fill meat demand as coronavirus hits processing plants

Go deeper

Mike Allen, author of AM
2 mins ago - Politics & Policy

Exclusive data: Biden staffing makes history

Biden elbow-bumping Speaker Pelosi at last night's joint address to Congress. Photo: Andrew Harnik-Pool/Getty Images

President Biden put his Cabinet in place faster than any other administration since President Reagan, the White House Office of Presidential Personnel says in a report provided first to Axios.

By the numbers: Biden has announced his intent to nominate 233 people for Senate-confirmed jobs — more nominees than any past administration at the 100-day mark, according to the White House.

13 mins ago - Technology

Facebook touts big business bets with 2020 in rearview

Illustration: Sarah Grillo/Axios

Facebook's earnings call Wednesday was a huge departure from its pitch to investors over the past year. Instead of reiterating its progress in trust and safety, the tech giant touted investments in innovation and new technology.

Why it matters: A slew of public relations crises over the past year had clouded Facebook's ability to position itself to stakeholders as a tech innovator.

Here comes the reopening boom

Illustration: Sarah Grillo/Axios

Declining COVID cases, rising vaccination rates, trillions of dollars in government spending and an accommodative Federal Reserve are coming together to create a year of U.S. economic growth for the record books.

Why it matters: A sustained, surging economy is the best way to erase the brutal legacy of business losses and unemployment caused by the pandemic.