Now that the pandemic has tightened the labor market further, smaller communities are going to have to figure out how to put their best foot forward.

In July, the Fed launched its first new payment service in more than 40 years. FedNow enables money to move instantaneously from sender to recipient 24 hours a day, seven days a week — weekends and holidays included.

The University of Maryland's Melissa Kearney, author of The Two-Parent Privilege: How Americans Stopped Getting Married and Started Falling Behind, on the American fertility decline, the role of social norms, and the link between single-parent households and economic gaps.