Partners

DraftKings goes public without many sports to bet on

DraftKings will go public on Wall Street Friday in this coronavirus-induced sports vacuum.

Zoom drops after Facebook announces video-chat feature

Facebook announced 'Rooms' on Friday, a video-conferencing app that will directly compete with Zoom and Google Hangouts.

The stock winners and losers in the work-from-home world

Arranging your home for work and play will benefit many companies, from consumer-electronics makers to home-furnishings purveyors.

How many people will get a $1,200 payment in each state

The states with higher recipiency rates for the full $1,200 per individual or $2,400 per couple amount are generally lower-income states. Many tend to be states where economic conditions were already poor before the coronavirus crisis.

CBO: Deficit to soar to nearly $4 trillion as economy buckles

The agency’s sobering appraisal of the near-term job market comes after unemployment claims skyrocketed to 26 million over the last five weeks.

A problem is brewing in the beer industry: Kegs are going stale

The coronavirus pandemic stranded unused beer in stadiums, concert halls, restaurants and bars. Now brewers and distributors facing sizable losses have to figure out what to do with it all.

Trump says he will block USPS aid if it doesn’t hike prices

The president said the postal agency should quadruple its package delivery prices.

Retirement concerns are booming during the pandemic

If you're worried about your senior years, you're not alone.

2021 Social Security could get a surprise boost after all

Even with gasoline prices plunging, one set of rising prices elsewhere could give retirees a raise come January.

America's biggest airlines prepare for a very painful fall

The world’s largest carriers are on a one-way trip from pandemic to contraction, and more than 100,000 employees could pay the fare.

I filed my taxes early and got almost no coronavirus payout

In 2018, I made about $155,000 with my wife. In 2019, I got a promotion and our combined annual income was $198,000.

These states don't tax retirees' income

These states won't tax any of your Social Security income — and in some cases, other types of retirement income.

Getting unemployment has been a nightmare for millions

With 22 million people trying to get unemployment at once, the system is overwhelmed.

How Africa risks reeling from a health crisis to a food crisis

Sub-Saharan Africa, the world’s largest rice-importing region, could be heading from a health crisis straight into a food security crisis, the World Bank warns, while domestic crops go rotten amid lockdown measures. Ciara Lee reports

Report finds Carnival allowed cruises to sail despite knowing about coronavirus threat

New details are emerging about how cruise lines have handled the coronavirus pandemic. Bloomberg News reports executives from Carnival knew about the crisis yet continued operations as normal. Bloomberg reporter Austin Carr joins CBSN with details.

How the supply chain is affected by the coronavirus and what will happen next

Panic buying is not the only factor to the shortage of toilet paper as the supply chain gets stressed from the increase of demand.

Here's why a surge in the energy sector is a bad sign for markets

The energy sector saw big gains recently, but following these moves, the ETF that tracks stocks in the S&P 500 energy sector, the XLE, was muted. Looking at historical trends, jumps in the energy sector usually sees negative trading for the Dow Jones Industrial Average and the S&P 500.

Beef prices are up, but ranchers are struggling

The coronavirus outbreak is disrupting the meat supply chain, and that’s meant hardship for Arizona ranchers, who are selling their livestock at a loss. At the same time, consumers are paying more for their beef.

Will Disney keep its theme park gates closed until 2021?

There are talks that parts of the U.S. will lift coronavirus restrictions, but one expert thinks Disney won’t open its gates until 2021. Veuer’s Justin Kircher has more.