Apr 02 Watch 6:27 Will these shuttered restaurants be able to reopen after pandemic? By Paul Solman A sector of the economy that is being hit especially hard amid the coronavirus pandemic is the restaurant industry. In normal times, Americans were spending roughly as much money on dining out as they were at grocery stores. With restaurants… Continue watching
Apr 02 Some in U.S. may not get stimulus checks until August By Matthew Daly, Associated Press The federal government expects to begin making payments to millions of Americans under the new stimulus law in mid-April, but some people without direct deposit information may not get checks until mid-August or later. Continue reading
Apr 02 About half of working households lost income due to coronavirus, new poll shows By Josh Boak, Emily Swanson, Associated Press About half of all working Americans say they or a member of their household have lost some kind of income due to the coronavirus pandemic, with low-income Americans and those without college degrees especially likely to have lost a job. Continue reading
Apr 02 Arizona justices uphold Phoenix airport's Uber, Lyft fees By Jonathan J. Cooper, Associated Press The ride-hailing companies have threatened to stop serving the airport over the $4 pickup and drop-off fees. Continue reading
Apr 02 U.S. eases blood donation limits for gay men due to shortage By Matthew Perrone, Associated Press The U.S. is making it easier for gay men and other groups to give blood because of the coronavirus outbreak. Continue reading
Apr 02 Wall Street rises as higher oil prices revive energy stocks By Stan Choe, Damian J. Troise, Associated Press Stocks rose on Wall Street Thursday, largely due to gains for energy companies, after the price of oil bounced further off its lowest level in 18 years. Continue reading
Apr 02 Stimulus aid for small businesses will go to some big chains By Ryan J. Foley, Associated Press The program was billed as a way to help local businesses retain workers and pay bills. But an expansive definition of "small business" in the law means that it will be open to much more than just Main Street shops. Continue reading
Apr 02 Pelosi creating House committee to oversee economic bailout By Alan Fram, Kevin Freking, Associated Press Speaker Nancy Pelosi said Thursday she will establish a special House committee with subpoena power to oversee the government's spending of the more than $2.2 trillion approved to bolster the economy hard hit by the coronavirus pandemic. Continue reading
Apr 02 A record 10 million sought U.S. jobless aid in past 2 weeks By Associated Press The stunning report Thursday from the Labor Department showed that job cuts are mounting against the backdrop of economies in the United States and abroad that have almost certainly sunk into a severe recession. Continue reading
Apr 01 WATCH: Illinois governor gives coronavirus update By Justin Stabley Illinois Governor J. B. Pritzker gives an update on the state’s current novel coronavirus situation as the outbreak spreads. Continue reading