Pelosi: States, cities seek $1T to avert layoffs from virus
House Speaker Nancy Pelosi says state and local governments are seeking up to $1 trillion for coronavirus costs.
House Speaker Nancy Pelosi says state and local governments are seeking up to $1 trillion for coronavirus costs.
US jobless claims soar past 30 million as 3.8 million more workers seek aid
More than 3.8 million laid-off workers applied for unemployment benefits last week as the U.S. economy slid further into a crisis that is becoming the most devastating since the 1930s.
More than 3.8 million laid-off workers applied for unemployment benefits last week as the U.S. economy slid further into a crisis that is becoming the most devastating since the 1930s.
Interest rates steady during coronavirus pandemic: What it means for your wallet
Interest rates will remain at zero percent until the financial effects of the coronavirus pandemic begin to subside, which is good news for some consumers, the Federal Reserve announced Wednesday.
Interest rates will remain at zero percent until the financial effects of the coronavirus pandemic begin to subside, which is good news for some consumers, the Federal Reserve announced Wednesday.
Half of working-age Americans might not have a paycheck in May as layoffs surge
Fewer than half of working-age Americans could earn a paycheck in May as the coronavirus pandemic triggers millions of job losses.
Fewer than half of working-age Americans could earn a paycheck in May as the coronavirus pandemic triggers millions of job losses.
Stocks wrap best month since 1987 as coronavirus recovery continues
The S&P and the Dow Jones Industrial Average wrapped the best month since 1987 despite sliding on Thursday as total job losses related to the coronavirus shutdown topped 30 million.
The S&P and the Dow Jones Industrial Average wrapped the best month since 1987 despite sliding on Thursday as total job losses related to the coronavirus shutdown topped 30 million.
Americans’ retirement accounts dropped during coronavirus — here’s how much the average account has now
Average IRA balance dropped 14% from last quarter.
Average IRA balance dropped 14% from last quarter.
Simon Property Group could reopen malls with strict coronavirus measures
The move comes as some states, like Georgia and South Carolina, ease COVID-19 restrictions
The move comes as some states, like Georgia and South Carolina, ease COVID-19 restrictions
Drug proves effective against virus as economic damage rises
Scientists have announced the first effective treatment against the coronavirus — an experimental drug that can speed the recovery of COVID-19 patients — in a major medical advance that comes as the economic gloom caused by the scourge deepens in the U.S. and Europe.
Scientists have announced the first effective treatment against the coronavirus — an experimental drug that can speed the recovery of COVID-19 patients — in a major medical advance that comes as the economic gloom caused by the scourge deepens in the U.S. and Europe.
Smallest businesses get a few hours at head of loan line
Smaller businesses that need coronavirus relief will get to move to the front of the line come Wednesday.
Smaller businesses that need coronavirus relief will get to move to the front of the line come Wednesday.
Many laid-off US workers due to coronavirus might make more money with unemployment benefits
Unemployment benefits, combined with the additional coronavirus stimulus relief, means the average weekly payment to a laid-off worker should rise to about $978.
Unemployment benefits, combined with the additional coronavirus stimulus relief, means the average weekly payment to a laid-off worker should rise to about $978.
Stocks surge on Gilead’s coronavirus drug and Fed’s pledge to keep rates near zero
The Dow Jones Industrial Average gained 449 points, or 1.86 percent, in the opening minutes of trading while the S&P 500 and the Nasdaq Composite rose 2.04 percent and 2.03 percent, respectively.
The Dow Jones Industrial Average gained 449 points, or 1.86 percent, in the opening minutes of trading while the S&P 500 and the Nasdaq Composite rose 2.04 percent and 2.03 percent, respectively.
Coronavirus pandemic forcing retailers to alter return and exchange policies
The COVID-19 pandemic has turned the retail industry on its head, forcing companies to quickly adapt in the hopes that once spending resumes, you?ll spend your money with them. One of those changes, generous return policies.
The COVID-19 pandemic has turned the retail industry on its head, forcing companies to quickly adapt in the hopes that once spending resumes, you?ll spend your money with them. One of those changes, generous return policies.
Coronavirus pushes cities to cap third-party delivery fees
More U.S. cities are capping commission fees third party delivery services charge restaurants, many of which are mom-and-pop small business owners.
More U.S. cities are capping commission fees third party delivery services charge restaurants, many of which are mom-and-pop small business owners.
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.
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.
'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 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.”
Stock rally takes breather ahead of Starbucks, Google earnings
The Dow Jones Industrial Average rose as many as 378 points, or 1.57 percent, while the S&P 500 and the Nasdaq Composite gained as much as 1.48 percent and 1.15 percent, respectively.
The Dow Jones Industrial Average rose as many as 378 points, or 1.57 percent, while the S&P 500 and the Nasdaq Composite gained as much as 1.48 percent and 1.15 percent, respectively.
Dow, S&P jump as states begin coronavirus reboot
Investors usher in the week on an optimistic note.
Investors usher in the week on an optimistic note.
Small business loan program plagued by outages, delays as second wave of aid begins
E-Tran, the Small Business Administration's electronic system used to help process applications for government-backed aid, has suffered glitches amid the first wave of applicants.
E-Tran, the Small Business Administration's electronic system used to help process applications for government-backed aid, has suffered glitches amid the first wave of applicants.
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.
The Internal Revenue Service has made an update to its "Get My Payment" tool to help Americans track their coronavirus-prompted stimulus payments.
White House aiming for Trump pivot from virus to economy
After two months of frantic response to the coronavirus, the White House is planning to shift President Donald Trump’s public focus to the burgeoning efforts aimed at easing the economic devastation caused by the pandemic.
After two months of frantic response to the coronavirus, the White House is planning to shift President Donald Trump’s public focus to the burgeoning efforts aimed at easing the economic devastation caused by the pandemic.