States that rushed to reopen are now feeling economic pain
"Getting a hamburger and a beer isn't worth more deaths," one Arizona resident said of the state's push to reopen.
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"Getting a hamburger and a beer isn't worth more deaths," one Arizona resident said of the state's push to reopen.
The layoffs hit 3% of the retailer's total workforce as it gradually reopens about 550 stores shuttered during pandemic.
While many businesses are closing as a result of the coronavirus economic crisis, the country's five largest tech companies have continued to grow and invest in their future. New York Times technology reporter Mike Isaac joined CBSN to discuss why business is booming for Facebook, Amazon, Apple, Microsoft and Google.
Kevin Hassett was temporarily brought on at the White House in April to assist with the response to the economic impacts of the coronavirus pandemic.
As COVID-19 continues its assault on the health of the American public, it's impacting the country's finances, and in some instances, devastating the most financially vulnerable. Errol Barnett examines some of the most economically impacted Americans.
Dallas Federal Reserve Bank President Robert Kaplan says the unemployment rate could be "as high as 8% or more" at the end of 2020.
Missed the second half of the show? The latest on coronavirus, Juneteenth and racial turmoil
The following is a transcript of an interview with Tapestry CEO Jide Zeitlin that aired Sunday, June 21, 2020, on "Face the Nation."
The former FDA commissioner says regional outbreaks "can mount very quickly, as we saw in New York."
President Trump said the U.S. economy is rebounding from the coronavirus pandemic ahead of his Tulsa rally. Dr. Anthony Fauci, however, has signaled concern about the likelihood of the virus spreading at a mass gathering.
Many child care centers across the country are resuming business as states enter new phases of reopening their economies, but some parents are still weighing the risks of sending their kids. Sandy Weathersbee, owner of Providence Preparatory School in Charlotte, North Carolina, joined CBSN to discuss how they're managing.
Missed the second half of the show? The latest on policing, the spread of coronavirus and unemployment rate
More than 2 million Americans either filed unemployment claims or sought aid for the self-employed last week. Frances Stacy, director of portfolio strategy at Optimal Capital, joins CBSN to talk about the new numbers and progress towards reopening the economy.
America has now fallen behind Canada, Denmark and Sweden, among other nations.
Landmark decision will increase consumer spending and ease financial stress for millions of Americans, economist says.
Federal Reserve chair says the risk to small businesses from the pandemic is acute.
The following is a transcript of an interview with Dallas Federal Reserve Bank President Robert Kaplan that aired Sunday, June 14, 2020, on "Face the Nation."
Northern California community exemplifies the complexity of reopening for business while COVID-19 stalks the land.
States across the country are reopening businesses after months of lockdown due to the coronavirus pandemic. San Antonio, with the rest of Texas, began reopening in May and could provide a snapshot of what's to come for other American cities. Scott Pelley reports.
Central bank expects unemployment to remain above by 9% by year-end and for joblessness to remain elevated into 2022.
Economic crash is forcing a growing number of companies to file for Chapter 11, including major consumer brands.
The economists said employment peaked in February and fell sharply afterward, marking the beginning of the downturn.
Although the job market has likely touched bottom, how fast it breaks for the surface is anyone's guess.
States across the country are reopening businesses after months of lockdown due to the coronavirus pandemic. San Antonio, with the rest of Texas, began reopening in May and could provide a snapshot of what's to come for other American cities.
The U.S. economy added 2.5 million jobs in May, stunning experts who anticipated losses on the scale of the Great Depression. Jill Schlesinger joins "CBS This Morning: Saturday" to discuss the new 13.3% unemployment rate and the outlook for Americans and the country as it recovers from the coronavirus pandemic.