U.S. Economy

As of February, the industry employed more than 12 million people.

OECD economists estimated that total annual output would drop by 6 percent in the developed economies if the unprecedented containment policies implemented by governments last for three months,.

A key piece of the largest relief bill in recent memory is the $350 billion in funding for small businesses.

The bills are now coming due for big companies and millions of laid-off workers. Decisions made in the next few days will shape how coronavirus impacts the economy.

More than a third of U.S. counties have yet to report a single positive test result for COVID-19 infections, an analysis by The Associated Press shows.

Stocks rallied this week as Washington acted to provide $2.2 trillion of relief to an economy shocked by the coronavirus outbreak.

Navarro’s appointment came the same day the White House announced that Trump had invoked the wartime law to require General Motors to prioritize ventilator production.

Americans may see direct payments of up to $1,200 within three weeks.

The House on Friday passed the $2 trillion bill, the largest relief plan in recent memory

Businesses with fewer than 500 employees are eligible for the loans, which can be used for payroll and other expenses, like insurance premiums.

The cruise industry was among the first to take a public hit from the virus.

The Commerce Department said Thursday in its third and final look at the fourth quarter that growth was unchanged from its previous estimate.

Powell said that a rebound from a coronavirus-induced recession will likely be "solid."

Trillions in stimulus will hasten the economy's recovery from the coronavirus pandemic's side effects, according to Larry Kudlow.

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.

U.S. workers are losing their jobs in record numbers due to the coronavirus pandemic.

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.

The U.S. is in its second week of trying to contain the spread of COVID-19.

Texas' lieutenant governor said Monday night that the U.S. should get back to work in the face of the global pandemic.

The ride-sharing company is seeing gross bookings drop by about 60 to 70 percent in cities hit hardest by the virus.