BUSINESS
Coronavirus Pandemic Forces Small Businesses to Close for Good
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.
Up to 14 Million Americans Shut Out of Unemployment Benefits
For every 10 Americans who successfully filed unemployment claims during the coronavirus pandemic, at least three or four more have been unable to register due to rampant state-by-state technological problems.
Inside the Next Phase of the Bill and Melinda Gates Foundation
Q&A with Mark Suzman: Next Up For The Bill and Melinda Gates Foundation.
Why the Coronavirus Pandemic is Philanthropy's Big Moment
Why charities like the United Way are built to tackle Covid-19
Buffett/Gates: Their "Giving Pledge" is 10 years old. Is it a Success?
More Than 200 billionaires promised to donate a majority of their wealth since the Buffet/Gates "Giving Pledge" launched 10 years ago. Is that a success?
Trump Adviser Says US Will See 'Biggest' Drop In GDP Since Great Depression
"You're looking at something minus 20 to minus 30 in the second quarter," Kevin Hassett predicted.
Boeing Says Air Travel Won't Return to 2019 Levels for Two to Three Years
CEO Dave Calhoun predicted it will likely take several more years after 2021-2022 before long-term growth trends recover to 2019 rates.
Nearly 350,000 People in Nevada Have Filed for Unemployment, Sets State Rec
Around 350,000 Nevada residents have filed for unemployment benefits since the start of the coronavirus pandemic, doubling jobless numbers seen during the Great Recession and setting an all-time state record.
On the Street: Mitch, Potbelly, Texas Smart…and Midnight Oil! | Opinion
Column: Mitch McConnell takes on Blue Nation.
Advice to the Class of 2020 from People Who Graduated in the Last Recession
Seven tips to help this year's college seniors succeed from experts who got their own degrees during the Great Recession and other crises—and made out just fine anyway
Bank of America CEO: Economy Won't Fully Rebound Until 'Late Next Year'
Treasury Secretary Steve Mnuchin offered a more optimistic assessment, saying that the economy would "really bounce back in July and August."
'Life and Death': Pelosi Explains How Congress Can 'Keep Writing Checks'
Pelosi asked where so-called "fiscal conservatives" were when Trump and Republicans gave tax cuts to "the wealthiest 1 percent of Americans" in 2017.
80% of sites pushing COVID-19 fake news were publishing other conspiracies
NewsGuard's Misinformation Monitor tracks misinformation with exclusive data from five countries. Here's the April 2020 edition.
As Texas Plans to Extend Reopening, Some Local Businesses Say They Aren't Ready
The reviews of what should happen next as Texas slowly reopens its economy are mixed, with some businesses ready to hit the ground running, and others wanting to wait and see if COVID-19 comes back in a second devastating wave.
More People Have Filed for Unemployment Than Live in 10 Largest U.S. Cities
In the past five weeks, 26.4 million people have filed for unemployment nationwide due to the economic fallout of the coronavirus pandemic.
Fogo de Chão To Receive $20 Million In Small Business Loan
Brazilian steakhouse chain Fogo de Chão is one of many businesses under fire for accepting loans intended to help small businesses stay afloat during the coronavirus pandemic.
Low Oil Prices Could Stretch Into May, Analysts Say Following Collapse
U.S. oil prices went negative on Monday for the first time in history, as the market battled with a coronavirus-driven lack of demand, over-supply and limited storage options.
Amazon Staffers Protest Company After 75 Test Positive for Coronavirus
Two workers rights groups say Amazon hasn't released "a comprehensive health and safety plan" for its facilities and workers, leaving workers potentially exposed to the virus.
US Gas Prices Hit Record Lows as Crude Oil Crashes Below $0 For First Time
U.S. energy trading experts said Monday's first-ever oil futures crash below $0 does not mean that Americans will suddenly be paid to fill up their cars' gas tanks.
U.S. Oil Prices Drop to Lowest in Two Decades as Crude Storage Fills Up
On Monday, prices on the May contract for West Texas Intermediate crude futures fell to their lowest point since March 1999.
Drugs, Stocks, Stores and…Kentucky Face Masks | Opinion
In his weekly round-up of business and economic news, Newsweek editorial director Hank Gilman gives the lowdown on AOC vs. Cramer, pharma shortages and the future of shopping
Global Economy Will Shrink by 3 Percent in 2020, IMF Forecasts
The International Monetary Fund said the global economy is set to suffer the worst financial crisis since the Great Depression this year as governments worldwide deal with the coronavirus pandemic.