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U.S. is expected to report a record-breaking economic plunge

By Martin Crutsinger, Associated Press

Having endured what was surely a record-shattering slump last quarter, the U.S. economy faces a dim outlook as a resurgent coronavirus intensifies doubts about the likelihood of any sustained recovery the rest of the year.

Fed wrestles with its next moves as virus stalls U.S. economy

By Associated Press

The central bank is working toward providing more specific guidance on the conditions it would need to see before considering raising its benchmark short-term interest rate, which is now pegged near zero.

WATCH: Bezos, Zuckerberg, Cook and Pichai testify on tech industry dominance

By Marcy Gordon, Associated Press

Four Big Tech CEOs are fending off accusations of stifling competition in front of a congressional panel that is investigating market dominance in the industry.

Should Congress extend the additional $600 per week in unemployment?

The emergency unemployment benefits millions of Americans have been receiving are proving to be a major dividing point for lawmakers working on a coronavirus relief package. Should the extra $600 per week be extended through the end of 2020, or…

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As the pandemic upends higher education, is residential college worth the cost?

By Hari Sreenivasan, Cat Wise

The pandemic has upended the traditional model of higher education, particularly for residential colleges. As many schools announce plans to charge full tuition while continuing with remote learning, some students and parents are questioning whether the price is worth it.

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AP report: Russia spreading virus disinformation, officials say

By Eric Tucker, Associated Press

The U.S. government has identified two suspected Russian military intelligence operatives who it believes are helping direct the spread of disinformation through websites that have published extensively on the coronavirus pandemic, American politics and international affairs.

WATCH: Biden says post-pandemic plan can fight racial economic inequality

By Will Weissert, Bill Barrow, Associated Press

Joe Biden has unveiled a plan to ensure that the nation's post-pandemic economic recovery is built around promoting racial equality and promising to drastically spur investment in Black-owned small businesses.

Democrats, GOP far apart as virus aid talks intensify

By Lisa Mascaro, Associated Press

The differences in Washington over the next coronavirus aid package are vast. And millions of Americans' jobless benefits, school reopenings and eviction protections are at stake.

Mnuchin, Pelosi talk virus relief as deadline looms

By Lisa Mascaro, Associated Press

Unemployment assistance, eviction protections and other relief for millions of Americans are at stake as White House officials launch negotiations with House Speaker Nancy Pelosi on a new coronavirus aid package that's teetering in Congress.

Virus-linked hunger tied to 10,000 child deaths each month, UN finds

By Lori Hinnant, Sam Mednick, Associated Press

In a study published Monday, four U.N. agencies said failing to act now will have devastating long-term consequences not just for the children, but for society as a whole.