American Economy

New York Times reporter Jesse Drucker says the economic relief package is full of provisions aimed at big companies and wealthy individuals — some of whom may not have been impacted by the pandemic.

COVID-19 attacks indiscriminately: Young or old, rich or poor, it seems like everyone is vulnerable to the virus. But New York Times economics writer Nelson Schwartz says increasing economic inequality in the U.S. means that, as a group, the country's wealthiest one percent are likely to fare better during the pandemic than everyone else.

Amazon founder Jeff Bezos is now the richest man in the world, with an empire that stretches from Hollywood to Whole Foods — and even into outer space.

The new PBS FRONTLINE documentary, Amazon Empire: The Rise And Reign Of Jeff Bezos, investigates how Bezos transformed Amazon from an online bookseller into a trillion-dollar business that's unprecedented in its size and reach. Director James Jacoby, who worked with fellow filmmaker Anya Bourg on the project, calls the company an "inescapable part of our modern lives."

In 2008, GM closed its manufacturing plant in Dayton, Ohio, sending the community into a tailspin. Workers who had been unionized at GM struggled to find jobs that paid close to the wages the plant had paid.

Author Alissa Quart writes that the costs of housing, child care, health care and college are outpacing salaries and threatening the livelihoods of middle class Americans.

For many poor families in America, eviction is a real and ongoing threat. Sociologist Matthew Desmond estimates that 2.3 million evictions were filed in the U.S. in 2016 — a rate of four every minute.