Business and Economic News

March 27, 2020 4:00 AM

President Trump signs $2 trillion coronavirus rescue package into law

President Trump signed a historic $2 trillion economic recovery package into law Friday afternoon, shortly after the House of Representatives approved the bill.

by Kelsey Snell, Susan Davis and Claudia Grisales

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March 26, 2020 7:34 AM

U.S. jobless claims soar to record 3.3 million as layoffs jump

The surge in weekly applications was a stunning reflection of the damage the viral outbreak is doing to the economy.

by The Associated Press

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March 26, 2020 4:55 AM

Don't dash for cash: Authorities say there's no need to empty the ATM

Regulators urge consumers not to drain their bank accounts, after reports of large withdrawals by some customers worried about the coronavirus. The FDIC reminds us the public accounts are insured.

by Scott Horsley

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March 25, 2020 8:57 AM

Stay-at-home order goes into effect in Wisconsin

Starting Wednesday morning, nonessential businesses are closed and residents must largely stay home in Wisconsin. That's by order of Democratic Gov. Tony Evers.

by Cathy Wurzer

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March 25, 2020 7:21 AM

Senate passes $2 trillion coronavirus relief package

Congressional leaders announced an agreement to fund cash payments to Americans, bailouts for key industries and aid to the health care industry.

by Kelsey Snell, Susan Davis and Claudia Grisales

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March 25, 2020 1:36 AM

White House, Senate agree to $2 trillion coronavirus rescue package

The deal means Congress could be close to passing a deal and it comes after House Speaker Nancy Pelosi said Republicans and Democrats had closed the gap on their differences.

by Scott Neuman

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March 24, 2020 3:17 PM

Dow jumps a record 2,100 points as stimulus deal awaited

U.S. stock indexes surged as negotiations continued over a massive stimulus package to help the crippled economy deal with the growing effects of the coronavirus pandemic.

by Avie Schneider

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March 24, 2020 1:28 PM

From grocery stores to pizza delivery, some companies are on a hiring spree

Even as millions of Americans are losing jobs in restaurants, hotels and airlines, a few industries are adding thousands of workers. They include pharmacies, online retail and delivery services.

by Alina Selyukh

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March 24, 2020 12:48 PM

Trump sets Easter goal for reopening American economy

The president's informal target to curtail mitigation measures like social distancing comes as the total number of confirmed cases nationwide tops 50,000.

by Philip Ewing