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Coronavirus causes record drop in consumer spending
Coronavirus sends U.S. consumer spending into record fall in March
Tesla CEO Elon Musk calls on states to reopen their economies, calls lockdowns 'house arrest'
Tesla CEO Elon Musk is adding his name to the growing list of influential people calling for the economy to reopen.
What to Buy in May — and What to Skip
With Mother's Day near, deals on kitchenware will be especially handy even as celebrations will be muted this year. Consumers can also expect sales on grilling accessories, refrigerators, spring apparel, and but not on jewelry, grills, or outdoor furniture.
Surprising things the world is buying in lockdown
Beyond the headlines of toilet paper and hand sanitizer shortages, it turns out people are stocking up on pretty some unexpected items during lockdown.
Predictions on when we will bounce back from COVID-19
There is likely a long road to recovery ahead.
Stocks close lower but cap best month in 33 years
Stocks ended lower Thursday, the last day of April, as another round of dismal economic data led traders to trim some profits while the market wrapped up its best month in decades.
Amazon says it may lose money due to coronavirus spending
Amazon.com Inc. topped $75 billion in sales in the first quarter as COVID-19 swept across the globe, but profit declined and the company said Thursday that it might lose money in the current period as it spends to keep up with demand.
Report reveals explosive details about cruises sailing during coronavirus threat
New details have emerged about cruise ships continuing to sail despite knowing about the growing global coronavirus threat. The Washington Post reports on how the industry appeared to downplay early warnings and proceeded with normal operations. Post reporter Rosalind Helderman joins CBSN to explain the findings.
Fed lifts six-withdrawal limit on savings accounts
Consumers get more access to their savings at a time when they may urgently need it.
14 financial lessons from Netflix's 'Tiger King'
The Netflix hit documentary "Tiger King: Murder, Mayhem and Madness" is not just a trashy tragicomedy. You can learn a lot from watching Joe Exotic and the crew self-destruct, whether it’s how not to run a zoo, how not to run for office or how not to run your personal finances.
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