Covid-19 continues to call the shots in our economy. This past summer, the Delta variant slowed growth and juiced up inflation. After Delta receded, growth rebounded. With the Omicron variant now spreading across the globe, the next few weeks will give us a sense of how much economic peril lies…

The American economy has come a long way. It was only 18 months ago when the coronavirus pandemic struck in full force, igniting a devastating recession. But as the recent wave of infections and hospitalizations from the highly contagious Delta variant of the virus makes clear, the pandemic is not…