May 02 Most states fall short of coronavirus testing thresholds By Christina A. Cassidy, Matthew Perrone, Jason Dearen, Nicky Forster, Associated Press With no specific guidelines, states are left to figure out what a successful testing program should be while they simultaneously try to reopen their shattered economies. Continue reading
Apr 24 Stocks push higher on Wall Street following tumultuous week By Stan Choe, Damian J. Troise, Alex Veiga, Associated Press Stocks are pushing higher in afternoon trading Friday as Wall Street nears the end of its tumultuous week. Continue reading
Apr 23 Watch 3:32 They were hit hard by the last recession. Now it's happening again By Lorna Baldwin, Maea Lenei Buhre The U.S. suffered a big financial hit during the Great Recession of 2008-2009. As the novel coronavirus pandemic yields another economic collapse, many of those people are losing jobs, businesses and investments again. Here are stories from four people who… Continue watching
Apr 23 Watch 6:50 Why pandemic represents 'existential crisis' for performing artists By Jeffrey Brown, Anne Azzi Davenport We look to the arts for entertainment, comfort and pleasure -- but they are also an economic engine. According to government analysis, art accounts for almost $900 billion of GDP and over five million jobs. Now, many of these people… Continue watching
Apr 21 Oil prices keep crumbling, stocks around the world tumble By Stan Choe, Damian J. Troise, Alex Veiga, Associated Press Stocks are falling in afternoon trading on Wall Street and the collapse in oil prices is deepening as the economic carnage caused by the coronavirus pandemic turns markets upside down. Continue reading
Apr 18 Watch 4:57 How companies are partnering to find the workers they need By PBS NewsHour Millions of people have lost their jobs in the U.S. because of the pandemic. But as restaurants and retailers have closed their doors, other businesses like pharmacies and grocery stores have been ramping up hiring to meet a surge in… Continue watching
Apr 15 Watch 4:39 As U.S. death toll climbs, Trump says working groups are planning economic resurgence By John Yang The U.S. death toll from novel coronavirus is approaching 30,000. Though President Trump is eager to lift the restrictions prompted by the pandemic and “reopen” the economy, other leaders continue to express concern that doing so would undermine efforts to… Continue watching
Apr 15 Watch 8:13 Progress on COVID-19 testing, treatments critical to resuming American life Dr. Mark McClellan and Dr. Scott Gottlieb, both former commissioners of the FDA, have been planning how to reignite a U.S. economy devastated by the coronavirus pandemic. But the gradual reopening they lay out would happen only after several key… Continue watching
Apr 15 Millions of Americans are receiving relief payments this week, but who is being left out? By Candice Norwood The majority of Americans are eligible to receive one-time cash payments. But for some, accessing those funds is a confusing and complicated process. Continue reading
Apr 15 With commerce frozen, retail sales plunge unprecedented 8.7 percent By Associated Press The deterioration of sales far outpaces the previous record decline of 3.9% that took place during the depths of the Great Recession in November 2008. Continue reading