Where Americans are spending and saving money in coronavirus pandemic
Forty-five percent surveyed said they spent more during quarantine.
Forty-five percent surveyed said they spent more during quarantine.
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.
Stocks post weekly gains after quiet Friday session ahead of Memorial Day
U.S. equity markets slipped Friday but registered solid weekly gains as investors focused on the reopening of the American economy while also keeping tabs on Chinese President Xi JInping's efforts to tighten his grip over Hong Kong ahead of the Memorial Day weekend.
U.S. equity markets slipped Friday but registered solid weekly gains as investors focused on the reopening of the American economy while also keeping tabs on Chinese President Xi JInping's efforts to tighten his grip over Hong Kong ahead of the Memorial Day weekend.
US existing home sales plunge 17.8% in April
The National Association of Realtors said Thursday that last month's decline pushed sales down to a seasonally adjusted annual rate of 4.33 million units, the slowest pace since September 2011.
The National Association of Realtors said Thursday that last month's decline pushed sales down to a seasonally adjusted annual rate of 4.33 million units, the slowest pace since September 2011.
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.
Stocks flounder on recovery concerns after coronavirus jobless claims near 39M
U.S. equity markets slipped Thursday as investors weighed the pace of the economic recovery after job losses tied to COVID-19 remain elevated.
U.S. equity markets slipped Thursday as investors weighed the pace of the economic recovery after job losses tied to COVID-19 remain elevated.
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.
Stocks rally as more states reopen economies
U.S. equity markets maintained gains Wednesday even though the Federal Reserve, in the April minutes, warned the coronavirus may carry 'considerable risk' for the U.S. economy.
U.S. equity markets maintained gains Wednesday even though the Federal Reserve, in the April minutes, warned the coronavirus may carry 'considerable risk' for the U.S. economy.
Coronavirus causes mortgage concerns, but many Americans did not need to pause payments
More than 4 million Americans have entered into forbearance agreements.
More than 4 million Americans have entered into forbearance agreements.
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.
Where’s my stimulus check? IRS adds phone operators to answer relief payment questions
The IRS is adding 3,500 phone representatives to handle a flood of calls from taxpayers waiting for their stimulus checks.
The IRS is adding 3,500 phone representatives to handle a flood of calls from taxpayers waiting for their stimulus checks.
‘Not just a horror story’: FTC says some nursing homes are taking residents' stimulus checks
The Federal Trade Commission learned some nursing homes have been trying to take stimulus checks from residents who use Medicaid.
The Federal Trade Commission learned some nursing homes have been trying to take stimulus checks from residents who use Medicaid.
Stocks reverse course as investors take profits
U.S. equity markets closed lower across the board giving up earlier gains as investors took profits and reassessed the progress of a potential coronavirus treatment.
U.S. equity markets closed lower across the board giving up earlier gains as investors took profits and reassessed the progress of a potential coronavirus treatment.
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.
How to stay calm in coronavirus uncertainty and hold on to your money
The rapid and uncontrolled spread of coronavirus has generated levels of fear, uncertainty and volatility that can make sound investing decisions difficult.
The rapid and uncontrolled spread of coronavirus has generated levels of fear, uncertainty and volatility that can make sound investing decisions difficult.
Coronavirus pandemic puts Social Security at risk of insolvency by 2030
Bipartisan Policy Institute estimated that the depletion date would jump from 2035 to 2029.
Bipartisan Policy Institute estimated that the depletion date would jump from 2035 to 2029.
Dow surges over 900 points amid coronavirus vaccine progress as lockdowns ease
U.S. equity markets soared Monday after drugmaker Moderna announced progress toward a COVID-19 vaccine and as lockdowns continued to ease nationwide.
U.S. equity markets soared Monday after drugmaker Moderna announced progress toward a COVID-19 vaccine and as lockdowns continued to ease nationwide.
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.