'We Know This Is A Recession, But We Don't Want This To Go Into Depression Territory,' Says Economics Professor
With the first round of economic stimulus running out, millions of Americans are about to take a massive hit to their household budget.
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With the first round of economic stimulus running out, millions of Americans are about to take a massive hit to their household budget.
The United States economy endured its worst quarter in recorded history this past spring, brought on by the ongoing coronavirus pandemic.
A second stimulus payment seemed unlikely after the first stimulus led to economic gains but has a good chance now as the virus spikes and recovery stalls.
A second stimulus payment grows more likely by the day, with coronavirus surging and the fate of the economy hanging in the balance.
Dr. Dave Hnida answers common questions about staying safe from coronavirus this summer while still enjoying the warm weather and company of friends.
With coronavirus limitations easing and summer in full swing, Dr. Max Gomez answers questions about safety while vacationing and enjoying outdoor activities.
Dr. Mallika Marshall, a practicing physician, answers common questions about coronavirus safety this summer at the pool, the beach and out and about.
Retailing giant Macy's announced staff reductions today that will affect management and workers across various levels of its organization.
The job market isn't hopeless, and the job seeker isn't helpless... experts give advice on how to find a job during this economic downturn.
With so much uncertainty in the world, economic recovery will be a long, slow process.
The unemployment rate took a surprising drop, but while hope exists the road to recovery remains uncertain.
Restaurants that rely on in-house dining will continue to struggle, while delivery and takeout spots will likely thrive.
Missed rent and mortgage payments can have a domino effect that hurts communities and depresses the economy.
Many restaurants are once again reopening for table service, but coronavirus has fundamentally changed the calculus of eating out.
Jill Schlesinger, certified financial planner and CBS News business analyst, looks at how to devise a game plan for paying bills when money is tight.
