Posted on · A record number of Americans filed for unemployment benefits for the first time last week as the coronavirus hammered the economy. It's nearly five times the levels seen during the Great Recession.
Posted on · The Dow Jones Industrial average plummeted 1,500 points after President Trump announced new emergency steps, including suspending foreclosures and evictions until the end of April.
Posted on · Markets are falling sharply after the Federal Reserve aggressively cut interest rates to near zero. The Dow tumbled more than 2,700 points — nearly 12% — as coronavirus measures expanded.
Posted on · A day after posting its biggest drop since the Black Monday crash of 1987, the Dow jumped as Congress prepared a measure to help cushion the economic blow of the coronavirus.
Posted on · The stock market continued its drop after President Trump announced a 30-day ban on travel from Europe. The Dow opened down 7%, moving deeper into a bear market and trading was halted temporarily.
Posted on · Oil prices dropped as much as 30% following the unexpected Saudi decision to cut prices and boost production. The move reflects the uncertainty surrounding the coronavirus and its economic effects.
Posted on · The credit reporting agency will pay up to $700 million in fines and monetary relief to consumers over a 2017 data breach that affected nearly 150 million people, including 12.1 million Texans.
Posted on · The economy continued to add jobs at a steady pace last month and the unemployment rate remained low. Analysts have been looking for signs that wage growth might pick up, but it held steady, too.