Articles filed under Economy
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American parents now have the world's most distracting co-workersMar 29, 2020 6:18 am - On Monday, Amanda Goetz found herself stuck alone inside her 1,000-square-foot Manhattan apartment with three kids under 7. The coronavirus had canceled school for her 2...
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Working from home reveals another fault line in America's racial and educational divideMar 28, 2020 6:24 am - At the Bath Iron Works on Maine's Kennebec River, workers are showing up by the hundreds to build ships for the Navy. At Mike Doherty's auto repair shop in Everett, Wash...
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As layoffs skyrocket, America's unemployment safety net is underpreparedMar 22, 2020 6:24 am - U.S. workers are getting laid off at an unprecedented pace as the coronavirus outbreak shuts down much of the economy, and the government safety net to help the newly jo...
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Low-wage workers could be especially hard hit by this recessionMar 21, 2020 6:19 am - The coronavirus recession is likely to do something that we haven't really seen before: It's going to hammer services, like restaurants and retailers, first. The closing...
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Coronavirus means many US workers are making no-win choicesMar 21, 2020 6:18 am - When Javier Parodi returned home from a nightmare vacation in Egypt complete with several days of quarantine on a coronavirus-infested ship, he yearned to go back to wor...
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McConnell stimulus plan: $1,200 per person under $75K income thresholdMar 19, 2020 1:00 am - WASHINGTON - Senate Majority Leader Mitch McConnell proposed direct payments of $1,200 per person and $2,400 for couples as part of an initial Republican response Thursd...
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Treasury proposal: Deliver $500B to Americans starting AprilMar 18, 2020 1:00 am - WASHINGTON - The Treasury Department said Wednesday it wants to dedicate $500 billion to start issuing direct payments to Americans by early next month as the centerpiec...
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Trump invokes special powers to strengthen virus defensesMar 18, 2020 1:00 am - WASHINGTON - Confronting twin health and economic crises, President Donald Trump said Wednesday he will invoke emergency powers to marshal critical medical supplies agai...
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Layoffs intensify, leading to soaring unemployment claims as coronavirus closures continueMar 18, 2020 1:00 am - Layoffs are continuing to mount by the tens of thousands, prompting a surge of applications at unemployment offices nationwide, as coronavirus brings more of the U.S. ec...
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Trump invokes emergency authority; Big 3 automakers closingMar 18, 2020 1:00 am - MINNEAPOLIS - President Donald Trump on Wednesday moved to invoke emergency authority to marshal industry to fight the coronavirus, as the economic fallout from the cris...