Dow below 20,000 as stock plunge threatens Trump-era gains

The early selling comes as the Trump administration and Congress hammer out the details of a $1 trillion stimulus package.

Tesla factory could be shut under California health order

The Tesla factory that employs thousands of people could be forced to close after Alameda County on Tuesday night declared it a “nonessential business” under the county’s shelter-in-place order.

Ford, General Motors, Fiat Chrysler shutting down factories amid Coronavirus

Under increasing pressure from the United Auto Workers union and amid multiple confirmed coronavirus cases originating from factories, Detroit's big three automakers are closing their plants for the time being.

Macy's, Bloomingdales temporarily closing stores nationwide due to COVID-19 concerns

In a statement on Tuesday, Macy’s Inc. announced it will close all of its stores temporarily by the end of the day due to the COVID-19 coronavirus outbreak.

Coronavirus outbreak crippling economy, leaving workers devastated

As the deadly coronavirus outbreak continues in the United States, businesses are closing their doors, and many people are faced with unemployment.

Marriott hotels to furlough ‘10s of thousands,’ according to reports

Bethesda-based Marriott is reportedly furloughing “tens of thousands” of employees as the coronavirus threat sends shockwaves through the hospitality industry.

Building a savings cushion in a time of emergency

Experts generally suggest having three to six months of savings on hand, but that can be tough for many people who are living paycheck to paycheck.

Dow claws back 1,049 points as Fed, Treasury move to restore investor confidence

U.S. equity markets opened higher Tuesday as investors tried to claw back some of their losses from the steepest one-day slide since the Black Monday crash of 1987.

Gold's Gym closing locations in U.S., including Texas

The closures are effective at 8 p.m. local time Monday, March 16 and will affect all company-owned locations in the U.S.

U.S. now in recession expected to last until September, UCLA forecasts

The U.S. economy is in a recession expected to last through September, according to a revised forecast released Monday by UCLA that reflects rapid changes brought on by the coronavirus.

Amazon looks to hire 100,000 to keep up with surge in orders

Amazon said Monday that it needs to hire 100,000 people across the U.S. to keep up with a crush of orders as the coronavirus spreads and keeps more people at home, shopping online.

Financial markets in turmoil over fear of coronavirus lockdowns

JPMorgan Chase now is forecasting the U.S. economy will shrink at a 2% annual rate in the current quarter and 3% in the April-June quarter.

Stock futures plunge after Fed takes emergency action

U.S. stock futures fell sharply after the Federal Reserve slashed interest rates and more companies and governments took action over the weekend to shut down European and American society in the face of the growing virus outbreak.