Economy
The Latest
1.9M More Americans Seek Unemployment
The number of claims released Thursday is the lowest weekly figure since the coronavirus started spreading widely in the U.S.
2020 and the Confluence of Crises
So far, the multiple and overlapping emergencies of 2020 have shown elements of 1918, 1929 and 1968. And it could get worse.
Is the Worst Over for the Economy?
Chief investment officer sees an economy slowly coming back, with new sectors leading the stock market.
Consumer Spending Plummeted in April
Consumer spending fell to a record low last month despite a rise in personal income due to government stimulus money.
GE to Stop Making Lightbulbs
The company is selling its lighting division, it announced Wednesday.
2.1M More Workers File Jobless Claims
More than a quarter of workers have filed for unemployment benefits since mid-March.
Consumer Confidence Ticks Up in May
Consumer confidence rose slightly in May as all 50 states began reopening nonessential businesses.
America Now: All 50 States Reopen
All 50 states have begun reopening, easing restrictions on businesses and social gatherings after two months of lockdown.
Additional 2.4M File Jobless Claims
More than 38 million people have filed initial unemployment claims since the coronavirus pandemic started in the U.S.