The New York Stock Exchange said Wednesday it will temporarily close its historic trading floor and move fully to electronic trading after two people tested positive for coronavirus infection at screenings it had set up this week.
California's nearly $50-billion agricultural industry is bracing for a potential labor shortfall that could hinder efforts to maintain the nation's fresh food supply amid the widening coronavirus outbreak.
‘If we wish to maintain our productivity, we need to continue working in [our] offices,’ one CEO told his staff in an email
The government previously sent checks to Americans twice before to those who filed tax returns. The rich would also likely not get federal cash.
Some experts are saying a recession — sparked by the virus and the disease it causes, COVID-19 — is already underway, despite the Federal Reserve's extreme measures to prevent one.
States nationwide are seeing applications for unemployment benefits mount by tens of thousands.
The retail industry has endured a recent raft of bankruptcies and closures, as well as the pressure of new tariffs in the past year. It makes the prospect of losing weeks of business to the coronavirus even more chilling for many stores. But staying open has also caused anxiety for their employees.
The coronavirus pandemic is sending the Dow and S&P 500 spiraling lower. So what are some signs that the stock market plunge could end?
The novel coronavirus, COVID-19, which has been designated a global pandemic by the World Health Organization, is having a devastating impact on the U.S. economy.
Boeing Co.’s rout deepened as investors reacted with alarm to news that the planemaker is seeking at least $60 billion in U.S. government aid for itself and suppliers in a race to shore up cash to weather the coronavirus pandemic.
"By taking a shutdown ... we protect UAW members, their families and the community,” said President Rory Gamble.
The coronavirus (COVID-19) is impacting the global economy and raising fears of a recession. What causes a recession and what are the signs?
Grocery stores the past few days or so have been filled with people panic shopping in hopes that they’ll be ready for a potential nationwide lockdown or quarantine. Panic shopping causes more disruption than people realize. Veuer’s Johana Restrepo has more.
The shift to working from home can present challenges. However, there are a few steps you can take to maximize productivity.
A Georgia hospital has begun making makeshift masks from surgical sheeting as they risk running out of supplies due to increased worldwide demand for medical equipment.
Gas stations comprise one of the most important retail businesses in the country. 93% of Americans live within 10 minutes of one. The vast majority of gas stations are small, locally owned businesses. But in recent years, the smallest chains have either been bought up by bigger chains or are otherwise going out of business.
Governments around the world are scrambling to aid airlines battered by the coronavirus outbreak. Julian Satterthwaite reports.
The impact of the coronavirus pandemic has rocked the hospitality and service industries, abruptly leaving thousands across the country with no income. CNN's Jason Carroll reports.
The economic effects of coronavirus are particularly acute for those who cannot work from home and are afforded few protections, such as paid sick leave.
Many of these companies — which include Everlane, Patagonia, and Apple — have confirmed they will pay employees for lost shifts during this period.
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