Nine states will lead US coronavirus recovery, White House economists predict
Several states have started to navigate reopening from the coronavirus shutdowns.
Landlords, lenders brace for nationwide rent strike
Strikers are hoping to send a message en masse to government officials that will persuade them to cancel all rent and mortgage payments for the duration of the pandemic.
Shopping mall giant to reopen with safety restrictions
Simon plans to open the doors to properties in eight states on Friday
May rent strike planned as coronavirus cripples US economy
The crisis has walloped Americans financially, leaving 30 million workers out of a job.
Small businesses received less coronavirus aid in states dominated by big banks: Study
A significantly larger number of federal relief loans from the Paycheck Protection Program reached small businesses in states with a bigger percentage of local banks
Half of working-age Americans might not have a paycheck in May as layoffs surge
In the six weeks since widespread shutdowns began, more than 30 million Americans have lost their job
Fed expands Main Street lending program to include bigger businesses
The U.S. central bank initially launched the lending program to help get money to small- and medium-sized businesses impacted by the coronavirus pandemic
Consumer spending plummets 7.5% in March, biggest drop on record
Consumer spending has been a key driver of the U.S. economy in recent years
Over 3.8 million Americans applied for unemployment last week as economic pain from coronavirus deepens
Economists expected 3.5 million Americans to apply for unemployment benefits last week.
European economy suffers biggest hit on record amid pandemic
It was the biggest drop since statistics began in 1995
Millions of Americans likely applied for jobless benefits last week though wave is stabilizing
Initial claims for state unemployment benefits likely totaled a seasonally adjusted 3.50 million
Fed's Powell says US economy 'may need more support' for recovery to be 'robust'
Policymakers vowed to use their "tools and act as appropriate to support the economy"
Fed pledges to keep interest rates near zero until coronavirus-battered economy recovers
The central bank has used its full firepower to insulate the economy from the coronavirus pandemic.
Coronavirus pandemic hit half of Americans' finances, poll finds
50 percent of Americans say they or someone in their household has lost a job
Kudlow predicts 'big snapback' from coronavirus pandemic for US economy in second half of year
The liquidity and cash phase of relief, Kudlow said, is coming to an end.
Second round of small business loan money could evaporate by end of week
There’s doubt about whether the second wave of funding will be enough to cover demand.
US economy shrank by 4.8 percent in first quarter, as coronavirus ends record-long expansion
Economists surveyed by Refinitiv expected the economy to decline by 4 percent.
GDP report to show a damaged economy sliding into recession
The first contraction in six years is expected
Federal Reserve likely to pledge support for ailing economy
The Fed's policy statement comes out at 2 p.m. Eastern
Stock futures rise as oil rallies
Boeing and Microsoft will report earnings on Wednesday
















