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Signs at a closed store in Niles, Ill., May 21, 2020.
Survey Shows Far Fewer Layoffs than Expected
The COVID-19 recession appears to be among the shortest but most severe on record.
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Leaders Urge $2.5T COVID Plan
The plan calls for the world’s 20 major economic powers to tackle the virus and launch an economic recovery.
Jun 2nd, 2020
Federal Reserve Chair Jerome Powell during a news conference in Washington, March 3, 2020.
Fed to Begin 'Challenging' Main Street Lending
The program will lend to companies other than banks for the first time since the Great Depression.
Jun 1st, 2020
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Senate Minority Leader Sen. Chuck Schumer of N.Y.
CBO: Virus Impact Could Trim GDP by $15.7T
Jun 2nd, 2020
Port of Brisbane, Australia.
Ship Master Charged Over Container Spill
Jun 1st, 2020
People wait in line for help with unemployment benefits in Las Vegas, NV.
Vanishing Jobs Could Create 'Lock-Down Generation'
May 28th, 2020
Walmart CEO Doug McMillon.
The Highest-Paid CEOs by State
May 28th, 2020
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In this July 22, 2019 photo, trucks hauling shipping containers wait to unload at the Port of Oakland in Oakland, CA.
US Economy Shrank 5% in First Quarter
It was the biggest quarterly decline in more than a decade.
May 28th, 2020
A Party City employee delivers balloons to a customer curbside, Wednesday, May 27, 2020, in Oceanside, N.Y. Long Island has become the latest region of New York to begin easing restrictions put in place to curb the spread of the coronavirus as it enters the first phase of the state's four-step reopening process.
Layoffs Climb to 41 Million
Many economists expect the unemployment rate will near 20% in May.
May 28th, 2020
Huawei CFO Meng Wanzhou leaves her home to attend a hearing in British Columbia Supreme Court, Vancouver, Jan. 21, 2020.
Judge to Rule on Huawei Executive's Extradition Case
A British Columbia Supreme Court justice will rule whether the U.S.'s allegations would also be a crime in Canada.
May 27th, 2020
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Software Engineer Accused of $1.5M in COVID-Relief Fraud
The software engineer allegedly faked payroll and falsified IRS documents.
May 26th, 2020
Senate Majority Leader Mitch McConnell, R-Ky., speaks with reporters after meeting with Senate Republicans on Capitol Hill, May 19, 2020.
Congress Weighs Going 'Big' or Hitting 'Pause' on Virus Aid
The debate stretches beyond the halls of Congress as wary Americans await Washington's next move.
May 26th, 2020
In this March 18, 2019, file photo, the logo for IBM appears above a trading post on the floor of the New York Stock Exchange. IBM says it’s laying off an undisclosed number of workers across the U.S., according to the Wall Street Journal and other reports.
IBM to Lay Off Undisclosed Number of US Employees
The company has also withdrawn revenue projections for the rest of 2020.
May 25th, 2020
People check out the flooding near the H Hotel in downtown Midland, Mich., on Wednesday, May 20, 2020. After the Edenville Dam failed and the Tittabawassee River flooded surrounding areas, many residents were urged to leave their homes.
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It's too early to tell whether the swollen river had damaged spots that had been repaired or swept pollutants farther downstream.
May 22nd, 2020
Signs advise visitors to social distance at Joshua Tree National Park in California.
US Health Officials Release More Reopening Guidance
The document has advice for businesses and organizations with workers at high risk of becoming sick.
May 21st, 2020
Floodwaters rush through the path of where the Edenville Dam once stood north of Midland, Mich., May 20, 2020.
Floodwaters Overwhelm Mich. Dams, Threaten Superfund Site
Floodwater mixed with Dow Chemical containment ponds and could displace sediment from a downstream Superfund site.
May 21st, 2020
A worker passes a closed nightclub in Austin, Texas, May 18, 2020.
Virus-Triggered Layoffs Hit Nearly 39 Million
More than 2.4 million people applied for unemployment benefits last week.
May 21st, 2020
President Donald Trump speaks with reporters after meeting with Senate Republicans.
Trump Won't Commit to Wearing Mask During Ford Visit
Not wearing a mask and even making the visit itself could violate coronavirus restrictions ordered by Michigan Gov. Gretchen Whitmer.
May 20th, 2020
In this Feb. 18, 2020 file photo, artifacts recovered from the Titanic sit on shelves at a storage facility in Atlanta. A federal judge in Virginia has ruled that a salvage firm can retrieve the Marconi wireless telegraph machine that broadcast distress calls from the sinking Titanic ocean liner. In an order released Monday, May 18, U.S. District Judge Rebecca Beach Smith agreed that the telegraph is historically and culturally important and could soon be lost within the rapidly decaying wreck site.
Judge Says Salvage Firm Can Recover Titanic's Telegraph Machine
Recovering the telegraph “will contribute to the legacy left by the indelible loss of the Titanic."
May 19th, 2020