Partners

It could take 4 to 5 years for many to recover lost wages

Some workers have been harder hit than others, and their climb back up could take years, an analysis from Payscale found.

5 industries that are recession-proof

These positions offer both job and financial security.

Job toll widens: 'This thing is going to come for us all'

The tendrils of the coronavirus pandemic reached deeper into the American economy last week, leaving millions more people out of work as the damage spread to jobs and industries that were spared at the outset of the crisis.

Disney to furlough some employees starting April 19

The Walt Disney Co. will start the process of putting some employees on furlough status as of April 19 given that there is “no clear indication” when its theme parks and related businesses will be able to reopen because of the coronavirus pandemic. Disney said in a statement that furloughed employees will still retain their

Boeing to offer buyouts, mull output cuts amid new reality

Boeing Co. is offering buyouts to its entire staff of 161,000 people and weighing new output reductions as the coronavirus pandemic threatens to depress aircraft sales for years.

Patriots plane flying in a million N95 masks from China

The Massachusetts governor struck a deal for supplies but needed a way to transport them. The result was a tense saga and a shipment on the New England Patriots’ 767.

Small-business bailout starts Friday: Is the government ready?

Chris Hurn, the founder of Fountainhead Commercial Capital, has received 7,400 small-business loan requests in the past two weeks, more than his business has handled in its five years of existence.

Ford's first-quarter sales plunge amid coronavirus pandemic

Ford Motor joined Fiat Chrysler and other major automakers in reporting double-digit declines in first-quarter U.S. vehicle sales as consumers shelter in place and dealerships closed amid the coronavirus outbreak.

As millions lose jobs, Fed says recession is here

The U.S. recession is here. How long it will last will depend on the course of a viral pandemic that could still kill hundreds of thousands of Americans and has most of the country under lockdowns aimed at slowing the infection's spread.

US oil posts biggest jump ever on hopes for output cuts

Oil prices soared Thursday after U.S. President Donald Trump said he expects Russia and Saudi Arabia to announce a major oil production cut and Saudi state media said the kingdom was calling an emergency meeting of oil producers to deal with the market turmoil.

Why Under Armour stock got tripped up today

The sportswear company got a downgrade from Moody's.

Luckin Coffee stock plummets on news of $310 million in fabricated sales

Employees involved in the misconduct inflated certain costs and expenses in falsified transactions, Luckin said in a Thursday regulatory filing.

5 of the best stocks to buy for April

The picks for the best stocks to buy for April were heavily influenced by the coronavirus pandemic.

How to trade Gilead as it works on a coronavirus treatment

Gilead Sciences stock has been bid up in hopes of the company finding a coronavirus treatment. Here's how the charts look for the biopharma's stock now.

Do Zoom's privacy woes spell doom for the stock?

Researchers and law enforcement have slammed Zoom for lax security and privacy measures, but investors are primarily focused on one thing: Paying customers.

These 60 large companies are 'susceptible to a dividend cut'

Investors who rely on income are already seeing companies reduce or eliminate dividend payouts as the coronavirus spreads.

Food delivery options and how your credit card can help

The COVID-19 pandemic has dramatically altered much about daily life, including one of our most essential routines — gathering food. 

The Dow had its worst performance since 1987, but there's an upside

Wall Street is in turmoil due to COVID-19. In the first quarter of 2020, the Dow Jones Industrial Average fell more than 23%, and the S&P 500 fell 20%. Market history suggests there may be a positive outlook over the next 12 months.

Amid virus shutdown, FBI sees largest number of gun background checks ever

With most of the nation in isolation to halt the spread of coronavirus, officials are seeing a spike in gun sales. Veuer’s Justin Kircher has the story.