Coronavirus pandemic likely pushed US unemployment claims to record high last week
Estimates vary drastically for how high the number of people who applied in mid-march for unemployment benefits is, but most economists agree it will be grim.
Coronavirus-related unemployment skyrockets in US
U.S. workers are losing their jobs in record numbers due to the coronavirus pandemic.
US durable goods orders unexpectedly rise in February
New orders for long-lasting U.S. manufactured goods unexpectedly rose in February, but are set to decline as strict measures to contain the coronavirus pandemic sap demand and push the economy into recession.
Trump, White House tell Wall Street execs lockdown may last beyond Easter: sources
President Trump admitted that the lockdowns and stay-at-home orders could last past Easter and the economic stimulus could inject up to $10 billion in the economy, sources said.
Trump says coronavirus relief bill will boost economy to pre-pandemic level
President Trump said he’s confident that a proposed $2 trillion coronavirus stimulus package will help the U.S. economy quickly recover from the pandemic’s side effects that have shuttered businesses, plunged stock prices and cost an untold number of Americans their livelihoods.
Trump to consider lifting some coronavirus restrictions after 15-day period ends, Kudlow says
The U.S. is in its second week of trying to contain the spread of COVID-19.
Amid coronavirus, Texas' lieutenant governor says US should get 'back to work'
Texas' lieutenant governor said Monday night that the U.S. should get back to work in the face of the global pandemic.
Uber CEO asks for coronavirus stimulus plan to include drivers
The ride-sharing company is seeing gross bookings drop by about 60 to 70 percent in cities hit hardest by the virus.
Navarro pushes coronavirus stimulus package, urges end to partisan bickering
At the center of the dispute is Senate Republicans' calls for a $500 billion fund that the Federal Reserve could leverage for loans to help companies and use to provide industry-specific loans.
Labor secretary warns coronavirus pandemic to cause unemployment spike: 'It's going to be a large number'
Labor Secretary Eugene Scalia acknowledged Monday that the coronavirus pandemic will cause a significant spike in unemployment.
Fed takes major action to support markets as coronavirus weighs on economy
The Fed established two new facilities to provide liquidity for outstanding corporate bonds.
Coronavirus is the pin that burst U.S. economy's bubble, says analyst who predicted 2008 crash
Jesse Colombo coined the term "bubblecovery" to describe the U.S. economy's post-2008 recovery.
Goldman Sachs warns coronavirus pandemic led to 'unprecedented surge' in jobless claims this week
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.
Trump suggests coronavirus aid package may include limits on exec bonuses, stock buybacks
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.
Mnuchin says White House working to send $1,000 checks to most Americans within 3 weeks
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.
US jobless claims surge as coronavirus weighs on economy
The number of Americans filing applications for jobless benefits jumped to 281,000.
Europe's central bank launches new program to calm markets
The ECB said it could buy up to $820 billion in government and private sector bonds
Coronavirus recession could torpedo Trump's reelection chances, history shows
It's unclear how sharp a downturn would be in the U.S.
Walmart upgraded again as coronavirus buoys grocers
Credit Suisse raised its price target for the shares to $127 from $115.
Coronavirus layoffs surge in US, with 1 in 5 households reporting lost work
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



















