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Business Highlights: Bitcoin Tumbles, Budget Talks Stall

Restaurant and hotel owners struggling to fill jobs. Supplychain disruptions forcing up prices for small businesses. Unemployed Americans unable to find work even with job openings at a record high. Those and other disruptions to the U.S. job market consequences of the viral pandemic that erupted 18 months ago appear likely to endure, a group of business owners and nonprofit executives told Federal Reserve Chair Jerome Powell on Friday. The changing work conditions, described during a Fed Listens virtual roundtable, underscore the ways that the COVID19 outbreak and its delta variant are continuing to transform the U.S. economy. - via

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