Stories Tagged as
Coronavirus recession
Jobless Americans struggle to get and keep benefits
Nov 4, 2020
More than seven months into the pandemic, more people are filing for unemployment benefits every week than at any point in the Great Recession.
The Fed wants to lend money to more small businesses, but many aren't interested
by
Justin Ho
Nov 2, 2020
The central bank dropped the minimum loan amount under its Main Street Lending Program to $100,000. But not many businesses feel confident taking out loans they'll have to repay in five years.
New jobless claims are down, but unemployment benefits are, too
Oct 22, 2020
Expiring federal and state relief benefits are taking billions of dollars a week out of the economy.
Fear of job loss takes an emotional toll
Oct 20, 2020
More than half of Americans are afraid of losing their jobs over the next 12 months, according to our latest Marketplace-Edison Research Poll.
How long can consumers keep spending?
Oct 16, 2020
Retail sales jumped nearly 2% in September, but it's hard to exactly say why.
Younger workers aren't as fazed by losing a job
by
Justin Ho
Oct 16, 2020
The Marketplace-Edison Research Poll shows they're more confident they'll find new jobs within six months than older workers.
More optimistic about the recovery, big banks trim the reserves they set aside to cover bad loans
by
Justin Ho
Oct 14, 2020
But if we're in for a double-dip recession, they'll need to set aside billions more than they currently have on hand.
For public good, not for profit.
Airlines are burning a lot of cash — so what does that mean?
by
Andy Uhler
Oct 12, 2020
Expenses don’t go away just because people aren’t flying.
The unemployment rate in some neighborhoods is triple the national average
Oct 12, 2020
In parts of the South Bronx, the unemployment rate was estimated to be nearly 30% in August. Nationwide, it's a little less than 8%.
How a new shop owner is navigating the pandemic
Oct 9, 2020
After opening her children's clothing store in May, this first-time entrepreneur is seeing a profit. Now if she can just figure out why her customers shop when they do.