US economy shrank at 4.8% rate last quarter as coronavirus struck

The U.S. economy shrank at a 4.8% annual rate last quarter as the coronavirus pandemic shut down much of the country and began triggering a recession that will end the longest expansion on record.

Gas now costs half the price of milk

With few Americans driving and gas prices plunging, a gallon of gas is now cheaper than a half-gallon of milk.

SNAP benefits expanded for online grocery store orders

Americans who rely on the Supplemental Nutrition Assistance Program (SNAP), formerly known as food stamps, will be able to shop for groceries online during the coronavirus pandemic.

Shortages easing on coronavirus-hit toilet paper

U.S. consumers have begun spotting rare Quilted Northern and Charmin toilet paper rolls on store shelves across the United States, as stocks start building after weeks of severe shortages.

'Food supply chain breaking' Tyson Foods boss warns

The chairman of Tyson Foods has issued a stark warning to Americans following the shuttering of multiple meat processing plants across the country: “The food supply chain is breaking.”

The US reopening is coming, but 'normal' is still a ways off

As some governors across the United States begin to ease restrictions imposed to stop the spread of the coronavirus, hopes are soaring that life as Americans knew it might be returning.

IRS updates 'Get My Payment' tool

The Internal Revenue Service has made an update to its "Get My Payment" tool to help Americans track their coronavirus-prompted stimulus payments.

How will social distancing affect the future of business?
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While we may be moving towards the end of the most acute part of the coronavirus crisis, the virus unfortunately isn?t going away and will affect how we travel, go to restaurants and even take yoga classes for the foreseeable future.

2 women charged by feds for Walgreens robbery, coughing on employees

"We have COVID," the women told a store manager and security guard after coughing without wearing masks. They allegedly fled the store without paying for merchandise.

Maryland, Delaware farms to destroy 2M chickens due to plant staffing shortages

Coronavirus-related staffing shortages at chicken processing plants will lead farms in Maryland and Delaware to destroy nearly 2 million chickens.

Ruth's Chris Steakhouse owner to return $20M in small business loans

Ruth’s Chris Steakhouse owner, Ruth’s Hospitality Group, announced Thursday that it is repaying $20 million in coronavirus aid received under the Paycheck Protection Program after the Treasury Department asked publicly traded companies to return the funds meant for small businesses.

Chipotle reveals recipe for signature guacamole

Avocados, lime juice and just a few other ingredients are needed to make your guacamole dreams come to life.

New home sales plunge 15.4% in March as virus hits

Sales of new single-family homes dropped to a seasonally adjusted annual rate of 627,000 last month, according to the U.S. Department of Commerce.

Businesses hit by virus sue insurers; most reject claims

Millions of shuttered businesses nationwide have turned to their insurers to help recoup their losses following state-mandate closures, which combined may exceed $300 billion a month. But insurers have widely rejected the claims.

Grim economic forecast for department store chains

Department store chains are facing a grim economic forecast as the coronavirus crisis drags on.