Carnival announces layoffs, furloughs as coronavirus keeps cruises on pause

Carnival Cruise Corp. announced a combination of layoffs, furloughs, reduced work weeks and salary reductions across the company, including senior management, as the world's largest cruise company deals with the fallout from the coronavirus pandemic.

Census survey: Most small businesses negatively impacted by COVID-19 pandemic

The new Small Business Pulse Survey from the U.S. Census Bureau highlighted the impact COVID-19 is having on small U.S. stores, retailers and businesses.

3 million more US layoffs intensify fears of lasting damage

Roughly 36 million people have now sought jobless aid in just the two months since the coronavirus first forced businesses to close down and shrink their workforces, the government said Thursday.

Stocks jump on banking M&A talk, coronavirus vaccine progress

U.S. equity markets curbed losses and finished at session highs as financials led on renewed M&A speculation and comments from President Trump signaled the U.S. could have a coronavirus vaccine by year-end.

36 million have sought US unemployment aid since virus hit

Nearly 3 million laid-off workers applied for U.S. unemployment benefits last week as the viral outbreak led more companies to slash jobs even though most states have begun to let some businesses reopen under certain restrictions.

How to qualify for the credit card you want

Secured credit cards are one way people with lower credit scores can obtain cards.

McDonald's details new measures to safely reopen dining rooms

McDonald’s is preparing to welcome customers back into their dining rooms — but only after their new safety standards have been met.

Phoenix malls, shopping centers starting to reopen amid COVID-19

Friday, May 8 marked the first time in over a month where non-essential retailers, including several malls, are allowed to reopen.

South Carolina restaurant uses blow-up dolls to enforce social distancing between tables

As businesses across the country begin to reopen, they're learning to adapt when it comes to social distancing. For one restaurant in South Carolina, that means using blow-up dolls. Yes, really.

Gov. DeSantis says he may extend moratorium on evictions, foreclosures through May

A statewide ban on foreclosures and evictions is about to expire in Florida. The governor issued the order in early April as many were left unemployed due to the coronavirus pandemic. State lawmakers say the order is set to expire on Sunday.

Dow falls 457 points amid fears of coronavirus second wave

U.S. equity markets slid Tuesday as members of President Trump's task force on the coronavirus testified before Congress signaling that virus risks remain as states reopen for business. Additionally, the CDC disclosed fresh data that showed an uptick in U.S. cases of the virus.

Stocks slide as Powell says Fed fighting worst slump since WWII

U.S. stock markets tumbled Wednesday after Federal Reserve Chairman Jerome Powell said the central bank will take further steps to combat the worst downturn since World War II.

Powell warns of a possible sustained recession from pandemic

Additional rescue aid from government spending or tax policies, though costly, would be “worth it if it helps avoid long-term economic damage and leaves us with a stronger recovery,” Federal Reserve Chair Jerome Powell said.

Grocery store prices rose last month amid COVID-19 pandemic

The price index for meats, poultry, fish and eggs increased the most, according to the U.S. Bureau of Labor Statistics.

How to pay off debt while unemployed during coronavirus

Unemployment and debt are major concerns during the Coronavirus pandemic. Here are some options to help you stay afloat.