The Labor Shortage Is Here to Stay. Businesses Are Adjusting.

The U.S. is still missing around 4.3 million workers since the beginning of the pandemic—a shortage many economists expect to last at least several more years. Companies are reinventing services, investing in automation and making other changes that promise to have a lasting impact.

Biden’s Soft Infrastructure Agenda May Not Boost Growth

The president has sold soft infrastructure such as in child care,...

How the Pandemic Has Changed the Way High-End Art Is Sold

Private sales at Sotheby’s and Christie’s took off, as live-auction revenues...

Facebook to Hire 10,000 Workers in EU to Build Up ‘Metaverse’

Facebook is planning to create 10,000 jobs in the European Union...

China Third-Quarter Economic Growth Slows Sharply to 4.9%

China’s economy grew 4.9% in the third quarter from a year...