Updated at 10:51 a.m. ET A record 3.28 million Americans filed for unemployment benefits last week as the coronavirus pandemic shut down much of the country. The Labor Department's report for the week
Washington (CNN) — The Senate on Wednesday approved a historic, $2 trillion stimulus package to provide a jolt to an economy reeling from the coronavirus pandemic, capping days of intense negotiations
Trump Won't Rule Out Taking a Coronavirus Bailout to Save His Hotels. 'Let's Just See What Happens,' He Said.
WASHINGTON — Will President Trump award himself a fortune in coronavirus bailout money? On Sunday he was asked that question directly, and his answer boiled down to: Maybe. Trump refused to promise that
As the coronavirus spreads rapidly throughout the country, Washington is scrambling to pass massive legislation allotting hundreds of billions of dollars in relief efforts, the likes of which have not
The coronavirus pandemic has already started to hit American pocketbooks, with nearly 1 in 5 households experiencing a layoff or a reduction in work hours, according to a new NPR/PBS NewsHour/Marist poll.
Washington (CNN) — Andrew Yang said Tuesday that his nonprofit group has been in touch with the White House about an economic stimulus proposal that would give $1,000 to Americans, an idea he made central
Washington (CNN) — Treasury Secretary Steven Mnuchin warned Republican senators Tuesday morning that without action the coronavirus pandemic could drive up US unemployment to 20%, a Republican Senate told
The Fed, led by Chair Jerome H. Powell, effectively cut its benchmark by a full percentage point to zero. The benchmark U.S. interest rate is now in a range of 0 to 0.25 percent, down from a range of to
Washington (CNN) — President Donald Trump said Wednesday he was sharply restricting travel to the United States from more than two dozen European countries, a drastic step he framed as an attempt to contain
New York (CNN Business) — Stocks plunged Monday and the market has unnerved investors during the past two weeks with its gut-wrenching ups and downs. But if you're a long-term investor, what should you
“We are saddened to hear about the passing of Kazuhisa Hashimoto, a deeply talented producer who first introduced the world to the ‘Konami Code,’” Konami said in a statement. “Our thoughts are with Hashimoto-San’s
Microsoft is revealing more specifications about its next-generation Xbox Series X hardware today. The biggest new confirmation is that the Xbox Series X will include 12 teraflops of GPU performance, is
Tesla is starting to force new software updates on owners who have been resisting them as the company threatens to soon remove some functionalities. Over-the-air software updates are arguably one of the