Fannie Mae, Freddie Mac and HUD to suspend foreclosures
The Federal Housing Finance Agency said it will help borrowers who are at risk of losing their homes.
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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.
The Federal Housing Finance Agency said it will help borrowers who are at risk of losing their homes.
Economists say a severe economic slump is already under way — how deep or how long it will last is anyone's guess.
Stocks have crumbled in just three weeks, beaten down by mounting investor concerns over the coronavirus.
Wall Street buoyed after Trump's Treasury chief said administration is considering "sending checks to Americans."
Fast-food chain is closing seated dining areas and playgrounds to slow the coronavirus at its 14,000 U.S. locations.
Fed interest-rate cut fails to reassure investors, as Dow plunges nearly 13% on mounting coronavirus fears.
Stocks jumped after Mr. Trump detailed measures to contain the coronavirus, reversing losses from Thursday's plunge.
It's the worst day for the index since 1987, when stocks tanked in the "Black Monday" crash.
Job growth has been a key driver of U.S. economic growth — now experts fear the coronavirus will dampen hiring.
The historic run-up in stocks that followed the Great Recession is over —stay calm, investment pros say.
World Health Organization is now calling the outbreak a pandemic, further roiling U.S. financial markets.
Expectations for fiscal stimulus from Washington is boosting financial markets, but doesn't erase Monday's plunge.
Financial markets crater, rattled by the epidemic and a budding oil war between Saudi Arabia and Russia.
U.S. is one of the few wealthy countries that doesn't guarantee paid sick time — and that raises coronavirus risks.
Wall Street sinks even after the central bank takes steps to protect the U.S. economy from disease hit.