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These States Could Be Hit With The Biggest Job Losses From The Coronavirus Pandemic
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When the coronavirus pandemic eventually subsides, the economic impact will be felt unevenly from one part of the countr... Read more
Fed's Eric Rosengren Says The Central Bank 'acted Quickly' But Congress Will Need To Do More
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The Boston Fed president still expects big hits from coronavirus on the economy, particularly employment. Read more
Coronavirus Effect Could Be 'far Deeper Than The Subprime Crisis,' Says Mortgage Company CEO
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For most mortgage borrowers, the first of the month is payment day. This month, however, is a very different story. Mill... Read more
Mnuchin Says He Will Ask Congress For More Small Business Loan Funding If $350 Billion Pool Runs Out
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The $350 billion loan program aims to help small businesses cover payroll and benefits during the coronavirus pandemic. Read more
Treasury Secretary Mnuchin Says He's Having Ongoing Discussions About Infrastructure
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The Treasury secretary told CNBC he is holding discussions with Congress about a potential infrastructure bill. Read more
March's ISM Manufacturing Index Is 49.1, Signaling Contraction As Coronavirus Hits Economy
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U.S. manufacturing activity contracted in March as the coronavirus outbreak continues to pressure the economy, data rele... Read more
US Companies Cut 27,000 Jobs Before The Worst Of The Coronavirus Shutdown, Millions More Coming, Moody's Says
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The March ADP count covers the period before the social distancing measures that have shut down large parts of the econo... Read more
Home Price Gains Were Strong In January, Says S&P Case-Shiller, Before Coronavirus Hit US Economy
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The gains came before the coronavirus shut down much of the economy and the housing market. Now there are forecasts that... Read more
G20 Finance Ministers To Hold Virtual Talks On Coronavirus Crisis
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The talks came after criticism that the G20 has been slow to address the COVID-19 pandemic, which has left more than 37,... Read more
February Pending Home Sales Jump Over 9% Annually, Ahead Of Major Coronavirus Impact
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Homebuyer demand was strengthening markedly just before COVID-19 began its spread across the U.S. Pending home sales, wh... Read more
EasyJet Grounds 'entire Fleet' Over Coronavirus
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The carrier had so far operated 650 rescue flights. Read more
Pence Says Economic Fundamentals Remain Strong Despite Massive Coronavirus Impact
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Vice President Mike Pence said that the fundamentals of the U.S. economy remain strong despite the coronavirus pandemic ... Read more
Coronavirus Stimulus Just Pushed Fed's Balance Sheet Past $5 Trillion For The First Time Ever
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Though its efforts to keep markets running and boost the economy are just getting into gear, the Federal Reserve's asset... Read more
IMF Chief Georgieva Says The World Is In A Recession, Containment Will Dictate Strength Of Recovery
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International Monetary Fund chief Kristalina Georgieva said Friday that the global economy is now in a recession thanks ... Read more
US Consumer Sentiment Falls To Lowest Level In More Than 3 Years
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U.S. consumer sentiment fell to a three-year low as the coronavirus outbreak takes a toll on the economy, according to d... Read more