Carnival still has 6,000 passengers on ships at sea
Cruise ship operator said people on the ships may not be able to disembark until the end of April.
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Aimee Picchi is associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has been published by national news outlets including USA Today and Consumer Reports. Aimee frequently writes about retirement, and has been a National Press Foundation fellow for reporting on retirement and Columbia University's Age Boom Academy. She's also the editor of the Institutional Investor book "Cultivating the Affluent II," with noted wealth consultant Russ Alan Prince.
Cruise ship operator said people on the ships may not be able to disembark until the end of April.
"This is the fastest move in history from an all-time high to a bear market," one finance pro commented.
Checks will skip many teens who are 17 years or older, as well as adult dependents like college students and the disabled.
$2 trillion stimulus package "is a patch, not a panacea" for the American economy, Morgan Stanley says.
As layoffs pile up, one Fed estimate said the unemployment rate could top 30% by summer, higher than it was in 1930s.
Amazon, Instacart and Walmart are among the big companies seeking workers amid surge in demand during the pandemic.
Investors weighing impact of $2 trillion stimulus bill versus the pandemic's growing economic toll.
A "who's who of energy towns and major resort, leisure and amusement destinations" could face huge problems.
As pandemic slams U.S. economy, investors are counting on Congress to pass relief package approaching $2 trillion.
The Dow declined 2.9% after the stimulus bill to aid workers and businesses stalled in the U.S. Senate.
Treasury Secretary Steven Mnuchin announced that Tax Day will be delayed because of the coronavirus.
Retailer also offering cash bonuses to hourly workers, saying that "many people could use more cash" right now.
Retailer is also temporarily shutting down its auto centers so workers can restock and clean its stores.
Financial markets rose on hopes the federal government will move to prop up the economy. Hurry, Wall Street's saying.
Education experts say more needs to be done, such as putting a pause on all repayments until the pandemic ends.