The World Bank issues a report this week detailing the extent of the recession, the first caused solely by a pandemic. Its findings are sobering — but do offer a glimmer of hope.
Stocks plunged Thursday amid reports of a second wave of coronavirus cases, as well as a warning from Fed officials that the economy may take longer than first thought to recover.
The pain in the job market continues as an additional 1.5 million sought unemployment benefits last week. In the past 12 weeks, more than 44 million new claims have been filed.
In places ranging from chicken processing plants to hair salons, workers say employers aren't doing enough to protect them from getting sick. Advocates blame a lack of mandatory federal safety rules.
New cases are rising in at least 20 states, even as restrictions on daily life continue to ease. The U.S. total represents more than 25 percent of the confirmed cases worldwide.
Companies can borrow money from the Federal Reserve under its new lending programs. It's been good for the stock market, but the central bank's effort to help the economy has had lopsided results.
On the eve of the start of a special legislative session, Gov. Tim Walz and fellow Democrats in the state Legislature proposed a wide-ranging set of measures designed to overhaul policing in the wake of killing of George Floyd.
The nation’s largest shopping mall reopens Wednesday after being closed for three months because of the COVID-19 pandemic. Officials say the vast shopping and entertainment complex is ready to start a new era of socially distant shopping.
The sharp rise in cases demonstrates how difficult it is to prevent the spread of a highly contagious disease amid the crowded quarters of a meatpacking plant — and in the wider community.
With limited resources themselves, states are having to get creative helping residents deal with the COVID-19 economic slowdown. But how much help you can get depends on where you live.
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