'Job Gains Have Slowed Considerably,' Says Economic Policy Institute Economist

Unemployment's sizable decline in July still reflects a slowing economic recovery in the face of the unchecked coronavirus pandemic.

• Aug 7, 2020

Disney Reports Third-Quarter Revenue Decline Of 42%, Partly Due To Pandemic-Related Closures

The company reported a third-quarter revenue of $11.8 billion — a 42% drop from last year's third quarter, but still ahead of industry projections in light of the ongoing coronavirus pandemic.

• Aug 4, 2020

Raiders To Play 1st Season In Las Vegas Without Fans In Stands Due To COVID-19

The Raiders announced that its first season at their new home would be played without fans due to the ongoing coronavirus pandemic.

• Aug 3, 2020

'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.

• Jul 31, 2020

United States Economy Shrinks By Record 32.9 Percent In Second Quarter

The United States economy endured its worst quarter in recorded history this past spring, brought on by the ongoing coronavirus pandemic.

• Jul 30, 2020

Best Buy Joins Walmart, Target, Dick's Sporting Goods In Closing Stores On Thanksgiving Day

The big box electronic store announced Wednesday it would close all its stores on Thanksgiving Day because of the ongoing COVID-19 pandemic, acknowledging "this holiday season may certainly look different."

• Jul 29, 2020

Will You See A Second Stimulus Payment?

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.

• Jul 13, 2020

What Might A Second Stimulus Payment Look Like For You?

A second stimulus payment grows more likely by the day, with coronavirus surging and the fate of the economy hanging in the balance.

• Jul 9, 2020

Kim Kardashian West's Cosmetic Line Now Worth $1B

Kim Kardashian West's cosmetic line KKW is now worth $1 billion following a $200 million deal with beauty company Coty.

• Jun 29, 2020

Macy's Cuts Nearly 4,000 Management, Staff Positions, Says COVID-19 'Significantly Impacted' Operations

The company, whose brands include Macy's, Bloomingdale's and Bluemercury, expects the moves will save $395 million in 2020 and $630 million annually going forward.

• Jun 25, 2020

LeBron James And Maverick Carter's SpringHill Company Raises $100 Million From Investors

The Lakers star and his business partner Maverick Carter are consolidating three media companies under one new one called SpringHill Co.

• Jun 25, 2020

'You Have To Be In It For The Long Haul,' Says Job Search Expert On Finding Work During Economic Crisis

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.

• Jun 22, 2020

'Expectations Of Safety' Are Greatest Obstacles In Economy's Road To Recovery, Prof Says

With so much uncertainty in the world, economic recovery will be a long, slow process.

• Jun 12, 2020

Unemployment Unexpectedly Drops, But Full Recovery Not Imminent

The unemployment rate took a surprising drop, but while hope exists the road to recovery remains uncertain.

• Jun 5, 2020

What Restaurants Will Survive Coronavirus?

Restaurants that rely on in-house dining will continue to struggle, while delivery and takeout spots will likely thrive.

• Jun 3, 2020

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