It’s not just restaurants and movie theaters that are eliminating jobs. Small businesses of all kinds are laying off workers.
Author: Paul Davidson, USA TODAY
In sweeping move, Fed will lend to businesses and local governments and extend bond-buying programs
Federal Reserve to lend up to $300 billion to corporations, small businesses, and will buy more Treasuries
Unemployment claims, a gauge of layoffs, may hit record 2.5M this week: Goldman Sachs
Initial claims for unemployment benefits may total record 2.5 million this week as coronavirus outbreak spreads, according to a Goldman Sachs estimate
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The Fed will lend to financial institutions to ease strains among money market mutual funds as redemption demands increase.
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Economists applaud coronavirus relief package passed by House but say more is needed
Economists say the coronavirus relief bill passed by the House will help the most vulnerable but more is needed to keep the US out of recession
As coronavirus spreads, businesses announce nearly 900 layoffs and the total could rise sharply
Firms have announced nearly 900 layoffs due to the coronavirus. The total could rise rapidly, says outplacement firm Challenger, Gray and Christmas
The coronavirus economy: As Americans shy away from malls and movie theaters, the damage to livelihoods grows
The economic damage caused by the coronavirus is growing as Americans change their behavior