Stocks reverse course as investors take profits

U.S. equity markets closed lower across the board giving up earlier gains as investors took profits and reassessed the progress of a potential coronavirus treatment.

Millennial Money: Put off debt payments to start saving now

If you’re one of the millions of Americans making less or receiving unemployment benefits because of the coronavirus pandemic, you’re probably working to recalibrate your finances.

Agency: US provides $150M to Arizona for COVID-19 testing

The federal government is providing $150.1 million of new funding to Arizona to support testing for COVID-19, the U.S. Department of Health and Human Services announced Tuesday.

IRS to issue coronavirus stimulus payments on prepaid debit card

The IRS and the U.S. Treasury Department will begin sending economic stimulus payments on preloaded debit cards this week, the Trump administration said on Monday.

How to stay calm in coronavirus uncertainty and hold on to your money

The rapid and uncontrolled spread of coronavirus has generated levels of fear, uncertainty and volatility that can make sound investing decisions difficult.

Dow surges over 900 points amid coronavirus vaccine progress as lockdowns ease

U.S. equity markets soared Monday after drugmaker Moderna announced progress toward a COVID-19 vaccine and as lockdowns continued to ease nationwide.

JCPenney files for bankruptcy as coronavirus pushes retailer over edge

Retailer JCPenney filed for Chapter 11 bankruptcy protection after the coronavirus pandemic forced stores to shut, the company announced Friday evening, joining J. Crew and Neiman Marcus.

Arizona cities, counties demand Gov. Ducey release coronavirus funds

Pinal County is pressuring Gov. Doug Ducey to send them a portion of the coronavirus relief funding and on May 15, the board voted to sue to gain access to it.

Unemployed due to coronavirus? How to get a personal loan with no job

As millions are becoming unemployed due to Coronavirus, many are looking into personal loans to stay afloat. Here’s what you need to know before applying.

Stocks rally but not enough to erase weekly losses

The Dow Jones Industrial Average climbed 60 points, or 0.25 percent, while the S&P 500 and the Nasdaq Composite rose 0.39 percent 0.79 percent, respectively.

US retail sales plunged 16% in April as virus froze economy

U.S. retail sales tumbled 16.4% from March to April as business shutdowns caused by the coronavirus kept shoppers away, threatened stores across the country and weighed down a sinking economy.

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.

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.