BUSINESS

"At the high end, we will have returned to a level of employment last experienced in the mid-1990s," economist Elise Gould wrote.

"Both the depth of the recession and the strength of recovery will be uneven," the EU's economy commissioner said.

During the coronavirus outbreak, health care is more important than ever. In Newsweek's first Best Health Care series, we highlight the best infection prevention products.

"My guess right now is that it's going to be north of 16 percent, maybe as high as 19 or 20 percent," Kevin Hassett said.

Americans in all 50 states have reported more than $23 million in losses due to coronavirus scams, according to the Federal Trade Commission.

Year after year, retailers offer deals on athletic apparel and footwear to entice us to get out and get fit. We celebrate Pet Week with our furry friends, and we have Mother's Day and Memorial Day sales; two reliable opportunities to save big.

It will take years before the economy is at pre-pandemic levels again.

If you're struggling financially as a result of the COVID-19 outbreak, these five options can help you find extra income or additional funds to help pay your bills and basic living expenses.

Why many folks aren't getting paid, Warren Buffett's annual meeting and investing advice from Jane Bryant Quinn.

Billionaire investor Warren Buffett's company sold off stocks in four major U.S. airlines. During an annual meeting Saturday through a live-stream, he called the investments during a pandemic "a mistake."

The Anglo-Dutch energy giant said its Q1 net income had fallen by 46 percent as the industry grapples with a fall in oil demand driven by the coronavirus pandemic.

Small businesses, particularly mom-and-pop restaurants, have been hit hard during the COVID-19 pandemic and many of those have closed their doors for good.