Retailers preparing for future of shopping post-COVID-19
Retailers across the nation are scrambling to adjust to what the future of shopping will be in a post-COVID-19 world.
Retailers across the nation are scrambling to adjust to what the future of shopping will be in a post-COVID-19 world.
41 million have lost jobs since virus hit, but layoffs slow
About 41 million people have now applied for aid since the virus outbreak intensified in March, though not all of them are still unemployed.
About 41 million people have now applied for aid since the virus outbreak intensified in March, though not all of them are still unemployed.
Trump's pitch to voters: Trust me, economy will soar in 2021
President Donald Trump has a new pitch to voters for this fall. He's asking them to trust him when it comes to an economic recovery. The coronoavirus pandemic has put more than 38 million people out of work in the United States, and Trump is increasingly talking up a future recovery that probably won’t materialize until after the November election.
President Donald Trump has a new pitch to voters for this fall. He's asking them to trust him when it comes to an economic recovery. The coronoavirus pandemic has put more than 38 million people out of work in the United States, and Trump is increasingly talking up a future recovery that probably won’t materialize until after the November election.
Searching for work requires new skills after COVID-19 pandemic
With millions of Americans struggling and out of work, finding a new job won?t just mean updating your resume anymore, but networking, reaching out to everyone you know and making fast adjustments.
With millions of Americans struggling and out of work, finding a new job won?t just mean updating your resume anymore, but networking, reaching out to everyone you know and making fast adjustments.
Job market remains grim even as U.S. tentatively reopens
Signs of renewed activity are surfacing across the country as states gradually reopen economies and some businesses call a portion of their laid-off staffers back to work. Yet with millions more Americans seeking unemployment aid last week, the U.S. job market remains as bleak as it’s been in decades.
Signs of renewed activity are surfacing across the country as states gradually reopen economies and some businesses call a portion of their laid-off staffers back to work. Yet with millions more Americans seeking unemployment aid last week, the U.S. job market remains as bleak as it’s been in decades.
Nearly 39 million have sought US jobless aid since virus hit
Roughly 38.6 million people have now filed for jobless aid since the coronavirus forced millions of businesses to close their doors and shrink their workforces, the Labor Department said Thursday.
Roughly 38.6 million people have now filed for jobless aid since the coronavirus forced millions of businesses to close their doors and shrink their workforces, the Labor Department said Thursday.
Fear of the future: Class of 2020 enters a world in crisis
The future looks grim for the Class of 2020. The pandemic has shattered the economy and the high hopes of graduates who — just months ago — seemed all but assured of success. New college graduates searching for jobs will be competing not just with experienced workers but with those in another Class of 2020 — high school graduates now forced to defer their dreams of college because they can't afford it.
The future looks grim for the Class of 2020. The pandemic has shattered the economy and the high hopes of graduates who — just months ago — seemed all but assured of success. New college graduates searching for jobs will be competing not just with experienced workers but with those in another Class of 2020 — high school graduates now forced to defer their dreams of college because they can't afford it.
Virtual commencement ceremonies celebrate Class of 2020
The coronavirus pandemic has forced recent graduates to adjust to new ways of marking a major life milestone, and new grads are entering into one of the worst job markets in history.
The coronavirus pandemic has forced recent graduates to adjust to new ways of marking a major life milestone, and new grads are entering into one of the worst job markets in history.
Millennial Money: Put off debt payments to start saving now
If you’re one of the millions of Americans making less or receiving unemployment benefits because of the coronavirus pandemic, you’re probably working to recalibrate your finances.
If you’re one of the millions of Americans making less or receiving unemployment benefits because of the coronavirus pandemic, you’re probably working to recalibrate your finances.
Powell: Recovery may begin by summer, will likely be slow
Federal Reserve Chair Jerome Powell expressed optimism that the U.S. economy can begin to recover from a devastating recession in the second half of the year, assuming the coronavirus doesn’t erupt in a second wave.
Federal Reserve Chair Jerome Powell expressed optimism that the U.S. economy can begin to recover from a devastating recession in the second half of the year, assuming the coronavirus doesn’t erupt in a second wave.
Beginning to bloom: New York creaking back to economic life
More construction, manufacturing and curbside retail pickups have begun in parts of New York state. Shuttered sectors of the economy started reopening slowly Friday in a wide strip down the middle of the state that was spared the brunt of the outbreak.
More construction, manufacturing and curbside retail pickups have begun in parts of New York state. Shuttered sectors of the economy started reopening slowly Friday in a wide strip down the middle of the state that was spared the brunt of the outbreak.
JCPenney files for bankruptcy as coronavirus pushes retailer over edge
Retailer JCPenney filed for Chapter 11 bankruptcy protection after the coronavirus pandemic forced stores to shut, the company announced Friday evening, joining J. Crew and Neiman Marcus.
Retailer JCPenney filed for Chapter 11 bankruptcy protection after the coronavirus pandemic forced stores to shut, the company announced Friday evening, joining J. Crew and Neiman Marcus.
Will you get a second coronavirus stimulus check? Everything we know so far
The outlook is hazy for a second cash payment for Americans who have been impacted by the coronavirus pandemic.
The outlook is hazy for a second cash payment for Americans who have been impacted by the coronavirus pandemic.
Virus spikes could emerge weeks after US economic reopenings
U.S. states are beginning to restart their economies after months of paralyzing coronavirus lockdowns, but it could take weeks until it becomes clear whether those reopenings will cause a spike in COVID-19 cases, experts said Wednesday.
U.S. states are beginning to restart their economies after months of paralyzing coronavirus lockdowns, but it could take weeks until it becomes clear whether those reopenings will cause a spike in COVID-19 cases, experts said Wednesday.
'The American people are worth it': Pelosi defends $3T virus aid package
House Speaker Nancy Pelosi defended the stunning $3 trillion price tag on Democrats' pandemic relief package as what is needed to confront the “villainous virus” and economic collapse.
House Speaker Nancy Pelosi defended the stunning $3 trillion price tag on Democrats' pandemic relief package as what is needed to confront the “villainous virus” and economic collapse.
Unemployment 'could be' nearing Great Depression levels: Mnuchin
More than a decade of job gains were erased in April; the stunning job losses are more than double what the U.S. saw during the 2008 financial crisis.
More than a decade of job gains were erased in April; the stunning job losses are more than double what the U.S. saw during the 2008 financial crisis.
Historic unemployment surge leaves some New Yorkers waiting for needed benefits
The coronavirus crisis has sent U.S. unemployment surging to 14.7%, a level last seen when the country was in the throes of the Depression and President Franklin D. Roosevelt was assuring Americans that the only thing to fear was fear itself.
The coronavirus crisis has sent U.S. unemployment surging to 14.7%, a level last seen when the country was in the throes of the Depression and President Franklin D. Roosevelt was assuring Americans that the only thing to fear was fear itself.
Jobless rate spikes to 14.7%, highest since Great Depression
The unemployment rate could reach 16% or more. Twenty-one million jobs may have been lost in April.
The unemployment rate could reach 16% or more. Twenty-one million jobs may have been lost in April.
April jobs data to show epic losses and soaring unemployment
The economic catastrophe caused by the viral outbreak likely sent the U.S. unemployment rate in April to its highest level since the Great Depression and caused a record-shattering loss of jobs.
The economic catastrophe caused by the viral outbreak likely sent the U.S. unemployment rate in April to its highest level since the Great Depression and caused a record-shattering loss of jobs.
Consumer debt surged to $14.3T before worst of coronavirus crisis, Fed says
Mortgage balances, the largest component of household debt in the U.S., jumped by $156 billion in the first quarter.
Mortgage balances, the largest component of household debt in the U.S., jumped by $156 billion in the first quarter.