Employers announce hiring freezes and layoffs as virus spreads
Job growth has been a key driver of U.S. economic growth — now experts fear the coronavirus will dampen hiring.
Economy
As recession threatens, economists say: Just give cash
Main Street, not Wall Street, would be the most efficient target of any federal bailouts, many economists say.
Coronavirus could cost airlines more than $100 billion
"We could discount prices tomorrow and it wouldn't do any good," said one airline executive as travel demand wanes.
With mortgage rates dipping, many are refinancing their homes
Many homeowners are capitalizing on the lowest borrowing costs in years to save money on their mortgages.
U.S. and other large economies pledge cooperation to deal with coronavirus
G-7 industrial countries vow to use "all appropriate tools" to cope with economic fallout, but don't offer specifics.
Stocks jump as Wall Street looks to Fed to offset outbreak
The Dow jumped on Monday after central bankers vowed to provide support if the coronavirus outbreak hits the economy.
Dow plunges another 1,000 points on coronavirus fears
The blue-chip stock index and S&P 500 both slide into "correction" territory as investors sweat over pandemic risks.
You must now work longer to afford a middle-class life
Americans "are not crazy" for feeling like they have to work harder to just to afford the basics. one expert says.
An estimated 17K children are homeless in Los Angeles school district
When asked what she would want people to know about situations like hers, Kristin Eddings – who said she came from a middle class family – warned that "it can happen to anyone."
Stocks mostly dip despite Trump downplaying coronavirus fears
Investors have lost more than $2 trillion in recent days as analysts try to gauge the disease's economic impact.
Hong Kong is handing out $1,200 in cash to 7 million people
The big giveaway is an effort to boost the territory's damaged economy after months of political unrest.
Buffett sees economy slowing as coronavirus spreads
"This is scary stuff," investor said Monday as stocks fell, but "I don't think it should affect what you do in stocks."
Coronavirus economic hit could exceed $1 trillion
Companies from Apple to Puma say outbreak is hurting sales, but economists warn the toll could be much steeper.
Behind the meteoric rise of beer and cocktail prices
Bar owners have admitted to routinely marking up alcohol prices by 300 to 400%, meaning a $10 drink could have originally cost $2.50 or less.
America's job problem: Employers are hiring, but pay is low
"There is fundamentally a feeling on the part of the average guy that he is being left behind," one expert thinks.
Federal Reserve: Coronavirus could sicken global economy
Central bank warns of economic fallout from epidemic, but says U.S. remains on track for solid growth.
"Blue collar boom"? Not quite, Mr. President
Wages are finally rising for workers, but the the top 1% are still benefiting the most — not quite a "blue collar boom."
How has the stock market done under President Trump?
President Trump likes to say how much stocks have risen on his watch. Among the past four presidents, he ranks third.
Most feel good about the economy but not the state of the country — poll
Trump gets his highest ratings on the economy.
U.S. economic growth flat in final three months of 2019
Commerce Department says the nation's GDP for the full year was 2.3%, down from 2.9% in 2018.
Coronavirus in China: How the outbreak could impact investors
The deadly outbreak could crimp global economic growth and hurt some industries, from travel to luxury goods.
Stocks decline on concerns about deadly China coronavirus
Asian governments stepped up screening of travelers from China, prompting a selloff in airlines and travel stocks.
We're in a "trust paradox," new study says
Global communications firm Edelman has spent 20 years tracking which institutions consumers trust.
Ghana attracts African Americans with "Year of Return"
"To me there's no such thing as a black woman in Ghana; I am a woman in Ghana. We are all black," said American Lakeshia Ford.
U.S. economy is doing fine — just not in these states
Want to know how Americans are faring? A peek beneath the hood shows some regions are lagging.
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Newly obtained footage shows Iran attack on major U.S. post in Kuwait
Isaias becomes first hurricane of 2026 Atlantic season, threatens Gulf Coast
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Oil prices surge as Trump reportedly mulls pre-midterms strikes on Iran
First on CBS
Can GLP-1 drugs help people stop throwing away their money?
Ithaca council passes moratorium on new Cornell events permits
CNN, MS NOW, Politico due back in court to fight White House ban
Christa Pike has pneumonia, unable to move arms after botched execution
First on CBS
Trump aide's daughter pictured with pro-Russia politician
