China’s economic activity posted a broad-based recovery in October, as investment and consumer spending grew faster year over year, while industrial production held firm.

The country’s economy is about halfway back from the worst of the pandemic, and economists say getting all the way back might not happen until 2024.

heads toward its second year, with many businesses and households in parts of the world still reliant on the public purse to stay afloat.

Coronavirus disruptions have transformed how American consumers behave by accelerating their embrace of digital commerce, and the changes are likely to prove permanent, according to businesses studying and adapting to the changes.

President-elect Joe Biden said during the campaign that he wanted to forgive hundreds of billions of dollars in student debt. Yet Senate Republicans have opposed Democratic proposals for large-scale debt forgiveness.

The University of Michigan’s index of consumer sentiment declined for the two weeks straddling the national elections, as Republicans grew more pessimistic and Democrats worried about a surge in coronavirus infections.

The economy has recovered from the coronavirus pandemic much quicker than expected, says Federal Reserve Bank of St. Louis leader James Bullard. He said continued risk-based health policy will be critical to maintaining economic momentum.

Home prices rose in every corner of the U.S. during the third quarter, as the pandemic boosted activity in a way not seen in recent history.