The steep plunge in U.S. payrolls caused by the pandemic also slammed the healthcare sector, as many workers in dentists' and doctors' offices lost their jobs. Fred Katayama reports.
This year’s traditional tax deadline of April 15 has already been pushed back months by the coronavirus outbreak, and it could be delayed even further. Veuer’s Justin Kircher has the story.
The spread of the coronavirus led many major US colleges to switch to remote coursework. Now, universities are discussing how they'll reopen.
At least 895 federal and state lawsuits have been filed in relation to the pandemic, according to one count.
As the unemployment rate skyrockets and over 20 million are out of work, some are slipping through the giant holes in the U.S. safety net.
If you want to get your $1,200 stimulus check more quickly, you need to make sure the government has your bank account information on file. But time is running out. You now have until noon on May 13 to enter that data.
The century-old Henry County Health Center in southeast Iowa was already losing money before the pandemic hit. With a shrinking number of births and trouble recruiting staff, it had planned to close its obstetrics department.
Ari Rubenstein knows it’s an opinion people don’t want to hear. That two decades of computer takeovers on exchanges, advancements that put thousands of people out of work and left high-frequency traders like him in control, are what kept markets humming during the coronavirus.
Smaller stocks may finally be wresting some of investors’ attention away from the huge companies that have so dominated the market for years.
It's the first time Dropbox's bottom line is in the black since the company went public two years ago.
This week, Uber laid off about 14% of its corporate employees, about 3,700 people, to cut costs.
As much as it pains to say, there is simply no reason to be long F stock right now.
Shares of Tesla closed down 10.3% last Friday on CEO Elon Musk's tweet, but have quickly recovered those losses and added much more.
The April jobs report revealed that the US lost a record 20.5 million jobs. Truck drivers saw record losses, too.
An unemployment rate for April of 14.7%, the highest since the 1930s, is difficult for any politician to keep at arm’s length.
Even with the economy freezing up and layoffs surging, there are hopeful signs for recovery after this sudden collapse in American commerce caused by COVID-19.
Money market mutual funds, the ultimate havens for investors looking to preserve capital, once again are trying to maneuver in a zero-interest-rate environment. The problem this time? They’re sitting on twice as much cash.
Stocks ended higher Friday even after the ugliest monthly jobs report ever as traders bet the worst of the coronavirus and its impact on the economy has passed.
Mass unemployment on a scale not seen since the Great Depression has erased the economic gains of the past decade and now threatens to linger for years, fueling social discord and shaking an already polarized political system.
The offer to the Federal Emergency Management Agency sounded promising: A Silicon Valley engineer said that he could deliver thousands of ventilators from manufacturers across China to help hospitals treat coronavirus patients.
Facebook
Become a fan
Twitter
Follow us
RSS
Subscribe