Economy & Business

Why it matters: After a record economic expansion, the coronavirus pandemic sent the U.S. economy into a recession as unemployment soared to staggering heights. The country now faces urgent questions about how much stimulus is needed for reeling consumers and businesses, and what a recovery might look like.

All Economy & Business stories

Crocs kicks off weeklong free shoes giveaway for all

Crocs shoes on display
Crocs launches a "Free Pair For All" shoe giveaway Oct. 1. Photo: Dina Rudick/The Boston Globe via Getty Images

Disney, ESPN go dark on Dish, Sling TV after carriage agreement expires

Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images

Don't hate the strong dollar

Illustration of a barbell with two rolls of cash as weights
Illustration: Natalie Peeples/Axios

Who's really spending longtermist billions

Illustration of a giant Benjamin Franklin peering over the earth
Illustration: Sarah Grillo/Axios

The race to hand out credit scores

Illustration of a credit card wearing a sweatband and dripping sweat.
Illustration: Victoria Ellis/Axios

Big Tobacco takes on vaping: Marlboro maker Altria ends detente with Juul

Illustration of a vape pen sticking out of a carton of cigarettes.
Illustration:Aïda Amer/Axios
Kelly Tyko
Updated Sep 30, 2022 - Economy & Business

Florida store closures continue in Hurricane Ian aftermath, some theme parks reopen

People walk in Walt Disney World in Florida towards Cinderella Castle
Walt Disney World started a phased reopening of some of its Orlando parks Friday after being closed since Wednesday for Hurricane Ian. Photo: Laura Kerst/Axios

"Cheers" turns 40

A Cheers door is one of the many items that are up for auction at Cheers Bar in Faneuil Hall in Boston on Oct. 5, 2020.
A Cheers door up for auction at Cheers Bar in Faneuil Hall in Boston. Photo: Jessica Rinaldi/The Boston Globe via Getty Images

The powerful people texting Elon Musk before he offered to buy Twitter

SpaceX founder Elon Musk during a T-Mobile and SpaceX joint event.
Photo: Michael Gonzalez/Getty Images

Florida power outages from Hurricane Ian continue for 1.6 million

A traffic light is torn in half in a Florida street after Hurricane Ian swept through Wednesday.
A Florida street after hurricane Ian made landfall near Cayo Costa as a dangerous Category 4 hurricane on Wednesday afternoon. Photo: Lokman Vural Elibol/Anadolu Agency via Getty Images