Coronavirus: Business
Economy's Second-half Comeback Is Now Threatened By Coronavirus Resurgence
AMERICA - Published date: .
Economists expect to see a bounceback in the second half of 2020, but the resurging virus threatens the strength of the ... Read more
The Company That Saved Barneys, Forever 21 While In Bankruptcy Says It's Time To 'buy Low, Sell High'
AMERICA - Published date: .
The company that has purchased retailers such as Forever 21 out of bankruptcy is looking for buying opportunities during... Read more
May's Record Jobs Comeback: Here's Where The Jobs Are In One Chart
AMERICA - Published date: .
CNBC studied the net change in employment by industry for May based on data from the Labor Department. Read more
The May Unemployment Rate Is Expected To Be Near 20% As Millions More Lost Jobs
AMERICA - Published date: .
About 8 million Americans lost their jobs in May, on top of the 20.5 million in April, and economists see unemployment p... Read more
Jobless Claims, Total Unemployment Level Worse Than Expected
AMERICA - Published date: .
First-time claims for unemployment insurance were expected to total 1.775 million last week, according to economists sur... Read more
Home Prices Gained Strength As Coronavirus Shut Down Economy In March, S&P Case-Shiller Says
AMERICA - Published date: .
Home prices were still gaining steam in March, as the country began shutting down in the face of the coronavirus pandemi... Read more
May Unemployment Looks Worse Than Expected, Signaling Another Bad Jobs Report Could Be Coming
AMERICA - Published date: .
So far, state reopenings have not helped stem the rise in unemployment, which is expected to show another big jump in th... Read more
Mitch McConnell Says Next Coronavirus Bill Will Not Extend Enhanced Unemployment Benefits
AMERICA - Published date: .
House Democrats passed a bill last week to extend the enhanced $600 per week unemployment benefit through January. Read more
Home Sales Dropped Nearly 18% In April, While Decline In Inventory Pushed Prices To A Record High
AMERICA - Published date: .
The economic fallout from the coronavirus hit the housing market hard in April. Read more
More Than Half Of Small Businesses Are Looking To Have PPP Funds Forgiven, Survey Says
AMERICA - Published date: .
Frustrations are mounting on Main Street due to a lack of guidance from the Small Business Administration on PPP loan fo... Read more
Jobless Claims Total 2.4 Million, Still Elevated Levels But A Declining Pace From Previous Weeks
AMERICA - Published date: .
The total, while still well above anything the nation had seen in pre-coronavirus America, represents the seventh straig... Read more
Jamie Dimon Says Coronavirus Crisis Is 'wake-up Call' For A More Inclusive Economy
AMERICA - Published date: .
Dimon detailed the steps his firm has taken to support customers and employees since the crisis began two months ago. Read more
Homebuilder Sentiment Bounces Back In May, After Record Plunge In April
AMERICA - Published date: .
After the sharpest one-month drop in the history of the index in April, homebuilder sentiment bounced back slightly in M... Read more
Trump Advisor Kevin Hassett: Fed Chief Too Pessimistic On Time It'll Take For Economy To Recover
AMERICA - Published date: .
White House senior advisor Kevin Hassett told CNBC on Monday he disagrees with Fed Chairman Jerome Powell on the time-fr... Read more
The Jobs Recovery Could Be Choppy, With Some Coming Back Quickly And Others Lost Forever
AMERICA - Published date: .
Construction and manufacturing may be some of the quickest sectors to regain jobs, experts say, but the hospitality indu... Read more
Mortgage Applications From Buyers Jump 11%, Signaling The Spring Housing Market May Not Be A Total Loss
AMERICA - Published date: .
As open houses reemerge from the coronavirus shutdown, buyers are coming back to the housing market much faster than exp... Read more
Powell's Gloomy Outlook Has Investors Predicting The Fed May Make Another Big Move Soon
AMERICA - Published date: .
Some strategists say the Fed could announce a new quantitative easing program before or at its June 9-10 meeting. Read more
10% Of Retail Demand Might Be Lost Forever
AMERICA - Published date: .
Five percent to 10% of pre-Covid-19 demand could be decimated permanently, as "lost store volume can't entirely be made ... Read more
Tudor Jones Says This Will Be The 'Second Depression' If We Remain In Lockdown In A Year
AMERICA - Published date: .
Hedge fund investor Paul Tudor Jones said the country may have trouble following contact tracing and other methods used ... Read more
Most 2020 Swing State Voters Want More Direct Payments During Coronavirus, CNBC/Change Research Poll Finds
AMERICA - Published date: .
Democrats are pushing for at least one more round of direct payments during the coronavirus crisis after many voters got... Read more