Firms have announced nearly 900 layoffs due to the coronavirus. The total could rise rapidly, says outplacement firm Challenger, Gray and Christmas
Author: Paul Davidson, USA TODAY
The coronavirus economy: As Americans shy away from malls and movie theaters, the damage to livelihoods grows
The economic damage caused by the coronavirus is growing as Americans change their behavior
Economy, stock markets look even shakier after Trump announces European travel ban and NBA suspends season
Dow futures tumbled 1,000 points late Wednesday after President Trump announced a 30-day travel ban from Europe to limit the spread of COVID-19.
‘I’m just worried’: Coronavirus prompts companies to pull back on hiring as uncertainty grows
The coronavirus is prompting many businesses to pull back on hiring and investment as sales decline and uncertainty grows.
Economy adds booming 273,000 jobs in February as unemployment rate falls to 3.5% from 3.6%
Employers added 273,000 jobs in February. Economists had forecast 175,000 gains
Dow futures fall 200 points as Wall Street braces for more turbulence amid coronavirus fears
Dow stock futures were down about 1% Sunday as coronavirus spread in the U.S. and globally, setting stock markets on edge.
Fed chief signals likely rate cut next month in response to coronavirus, market meltdown
As Dow Jones industrial average plunges over coronavirus fears, Fed Chair Powell signaled central bank is ready to cut interest rates
Home alone: The share of single homeowners hits a record, even as housing costs climb
The share of homeowners who are single has hit a record high despite rising prices. Many pair up or rent out space in the housing market.
Economic fallout from coronavirus deepens, threatening tech, retail, auto supplies
The rapid spread of the coronavirus poses a growing risk to the U.S. economy. Supplies of tech products, retail goods and auto parts could be affected.
Trump pardons junk bond king-turned philanthropist Michael Milken: What you need to know
Trump pardoned former junk bond Michael Milken, who served two years in prison for securities violations. Trump praised Milken’s work as philanthropist