Economic Indicators

Labor Secretary Eugene Scalia acknowledged Monday that the coronavirus pandemic will cause a significant spike in unemployment.

The Fed established two new facilities to provide liquidity for outstanding corporate bonds.

Jesse Colombo coined the term "bubblecovery" to describe the U.S. economy's post-2008 recovery.

Jobless claims in the U.S. are already climbing, but are expected to skyrocket in coming weeks as American life comes to a grinding halt.

As the airlines look for government aid to deal with plummeting sales from the coronavirus pandemic, their massive share buybacks are coming under increased scrutiny.

Treasury Secretary Steven Mnuchin told FOX Business' Maria Bartiromo the White House is working on sending $1,000 checks to most adults and $500 checks to children.

The number of Americans filing applications for jobless benefits jumped to 281,000.

The ECB said it could buy up to $820 billion in government and private sector bonds

It's unclear how sharp a downturn would be in the U.S.

Credit Suisse raised its price target for the shares to $127 from $115.

According to an NPR/Marist poll, 18 percent of households already reported someone being laid off or having hours reduced because of the virus outbreak

Construction of new homes fell again in February, but not as much as the previous month.

People affected by the coronavirus pandemic will receive money "soon," the president said in a morning tweet.

If the administration were to take no relief action, the rate could near levels seen during the Great Depression, the Treasury secretary said.

Mester said she supported all of the actions taken by the Fed, including $700 billion in asset purchases, but that she preferred to reduce interest rates by 50 basis points, rather than 100 basis points.

Treasury Secretary Steve Mnuchin said individuals who owe a payment to the IRS can defer up to $1 million. Corporations will be allowed to defer, penalty-free, for 90 days.

The commercial paper market has been under strain in recent days as the coronavirus pandemic threatens the U.S. economy. 

The Senate’s discussions on a third round of stimulus took on new urgency as the stock market plummeted again.

Millions of Americans began their work week holed up at home Monday against the coronavirus outside their doors.

The National Bureau of Economic Research would likely classify the sharp slowdown as a recession, Goldman Sachs says.