Latest from Heather Long

The economy isn’t going back to February 2020. Fundamental shifts have occurred.

A new era has arrived of greater worker power, higher housing costs and very different ways of doing business.
  • Jun 20, 2021

The post-covid luxury spending boom has begun. It’s already reshaping the economy.

Retailers, entertainment venues and more are eager for the rich to spend $2.5 trillion in savings. Brands are trying to move upmarket to capitalize on this high-end spending surge.
  • Jun 18, 2021

Why is inflation rising? Our economics reporters explain and answer your questions.

Economists expect many of the price hikes to be short-lived as the market adjusts, but there’s a possibility that the economy could overheat — causing prices to continue to rise.
  • Jun 17, 2021

FAQ: Why inflation is rising and whether you should worry

Inflation jumped 5 percent in the past year, the fastest pace in 13 years. Few are panicking yet, but there’s a big debate about how long prices will stay high.
  • Jun 10, 2021

Everything’s becoming a subscription, and the pandemic is partly to blame

There’s a subscription for about everything now: delivery services, socks, razors, gyms, streaming services and even restaurants and car washes. It’s bringing convenience -- and a lot of monthly fees.
  • Jun 1, 2021

Do deficits matter anymore? Biden’s first budget signals they don’t.

The president’s first budget predicts a $1.8 trillion deficit for 2022 and deficits of $1.3 trillion for years to come to fund big investments in education, infrastructure and the social safety net.
  • May 28, 2021

It’s not a ‘labor shortage.’ It’s a great reassessment of work in America.

Hiring was much weaker than expected in April. Wall Street thinks it’s a blip, but there could be much deeper rethinking going on of what jobs are needed and what workers want to do on a daily basis.
  • May 7, 2021

Biden’s big bet: He can remake the economy without any negative side effects

The American Families Plan is part of a bold gamble Biden wants to make: that he can improve the lives of lower- and middle-class Americans without unleashing years of inflation, slower growth and less incentive to work.
  • Apr 28, 2021

Top 5 takeaways from Biden’s American Families Plan

Biden has an ambitious plan that would greatly expand the U.S. government’s role in daily life. It will be tough to pass -- and make the changes permanent.
  • Apr 28, 2021

A quarter of women say they are financially worse off a year into pandemic, Post-ABC poll finds

A Washington Post-ABC News poll underscores the ongoing struggles that women and people of color face as they deal far more with job loss, caring for children and rising food and rent prices.
  • Apr 27, 2021