Finance

WASHINGTON — Nearly 10 million Americans have lost their jobs and applied for unemployment benefits in the past two weeks — a stunning record high that reflects the near-complete shutdown of the U.S. economy. Job losses related to the coronavirus are sure to rise further in coming weeks, with economists saying the U.S. unemployment rate […]

About half of all working Americans say they or a member of their household have lost some kind of income due to the coronavirus pandemic, with low-income Americans and those without college degrees especially likely to have lost a job By JOSH BOAK and EMILY SWANSON The Associated Press April 3, 2020, 12:04 AM 5

On March 23, as the coronavirus pandemic put grocery workers on the front lines of a public health crisis, Trader Joe’s sent a memo to store managers encouraging them to relay a message to employees: Joining a union might be a bad idea. “It’s not like buying toothpaste you don’t end up liking,” said the

Look for Powerball jackpots to get even smaller as the new coronavirus keeps more people at home, not out buying lottery tickets April 2, 2020, 10:09 PM 2 min read DES MOINES, Iowa — Look for Powerball jackpots to get even smaller as the new coronavirus keeps more people at home, not out buying lottery

Ms. Dunlap says she regularly makes calls to negotiate her cable and phone bills, a habit she learned from her father during childhood. Sometimes she gets what she asks for, and other times she doesn’t. But the important part of negotiating, she says, is not so much about having the grant requested, but getting comfortable

All over the country, businesses large and small are seeking breathing room from their lenders, landlords and business partners as they face the financial fallout from the coronavirus crisis. President Trump’s family company is among those looking for help. With some of its golf courses and hotels closed amid the economic lockdown, the Trump Organization

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments on Thursday related to the global economy, the work place and the spread of the virus. ———————————— ZOOM: At the end of last year, the video-conferencing company Zoom had about 10 million daily users. By March,

Business events scheduled for the coming week April 2, 2020, 4:48 PM 1 min read Business events scheduled for the coming week. All times are Eastern. TUESDAY, April 7 WASHINGTON — Labor Department releases job openings and labor turnover survey for February, 10 a.m.; Federal Reserve releases consumer credit data for February, 3 p.m. WEDNESDAY,

“It’s a unique situation, and Jay has the right attributes for dealing with it,” said Nellie Liang, who worked closely with Mr. Powell on financial stability issues as a Fed staffer and now is a senior fellow at the Brookings Institution. “He’s a person who can size up a situation very quickly and be decisive.

WASHINGTON — More than 6.6 million Americans applied for unemployment benefits last week — doubling a record high set just one week earlier — a sign that layoffs are accelerating in the midst of the coronavirus. The stunning report Thursday from the Labor Department showed that job cuts are mounting against the backdrop of economies