The Latest

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  Economy Mar 27

  IMF Head Says Global Economy Now in Recession

  The head of the International Monetary Fund said Friday it is clear that the global economy has now entered a recession that could be as bad or worse than the 2009 downturn. IMF Managing Director Kristalina Georgieva said the 189-nation lending agency was forecasting a recovery in 2021, saying it could be a “sizable rebound.” But she said this woul...
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  essential businesses Mar 27

  Are Gun Shops ‘Essential’ Businesses During a Pandemic?

  There’s no consensus in the U.S. on whether gun shops are considered essential businesses that can remain open during stay-at-home orders meant to slow the coronavirus.
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  Economy Mar 27

  Stocks Drop, But Hold on to Weekly Gains After a Big Rally

  Stocks fell more than 3% on Wall Street, giving back part of the gains they piled up over the past three days
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  coronavirus Mar 27

  ‘This Is a Huge Blow’: Small Businesses Fight to Survive Amid Pandemic

  Business after business is shut down in Union Square in Somerville, Massachusetts. “It’s terrible,” said Sheila Borges-Foley, whose family has run the Neighborhood Restaurant and Bakery for 40 years. “This is a huge blow.” The Neighborhood is still open for takeout and delivery, like countless restaurants across the st...
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  Retailers Mar 26

  Retailers Shift Production to Make Masks, Gowns for Health Workers

  As patient numbers swell for those who have tested positive or are suspected of having coronavirus, hospitals and health-care facilities throughout the U.S. are experiencing a tight supply, if not an outright shortage, of personal protective equipment, including masks and gowns.
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  personal finance Mar 26

  5 Ways to Ensure the Coronavirus Outbreak Doesn’t Cripple Your Retirement Savings

  The recent market volatility may have you wondering just what to do with your retirement account.
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  Remote jobs Mar 26

  The Secret to Landing a Remote Job — and Who Is Hiring Right Now

  To help those who want to shift away from working in the office to working from home, CNBC spoke to FlexJobs to find out the best way to search for a remote job, sell your skills and prepare for the interview — and which companies are hiring remote workers right now.
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  Congress Mar 26

  How Much Money Could You Get from the Coronavirus Stimulus? Calculate Here.

  Congress is prepared to provide stimulus checks to middle- and low-income Americans battered financially by the ever-growing coronavirus pandemic.
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  Amazon Mar 26

  What It’s Like Working in Amazon’s Warehouses During the Virus Outbreak

  As the coronavirus outbreak has worsened, many Americans have hunkered down in their homes and are turning to online marketplaces like Amazon to get essentials like toilet paper, food and hand sanitizer delivered to their door.  While physical stores run out of stock and cities are on lockdown, Amazon’s warehouse workers, delivery dr...
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  coronavirus Mar 26

  Here’s How Many Have Filed for Unemployment in New England Amid Coronavirus Shutdowns

  More than 3 million Americans applied for unemployment benefits last week — over four times the previous record set in 1982 — amid the widespread economic shutdown caused by the coronavirus. That included the six New England states, all of which have enacted strict restrictions of their own because of the outbreak, including school and business clo...
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  unemployment Mar 26

  3.3 Million Seek US Jobless Aid, Nearly 5 Times Earlier High

  Nearly 3.3 million Americans applied for unemployment benefits last week — almost five times the previous record set in 1982 — amid a widespread economic shutdown caused by the coronavirus. The surge in weekly applications was a stunning reflection of the damage the viral outbreak is inflicting on the economy. Filings for unemployment aid generally...
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  Economy Mar 26

  Stocks Surge Again After Relief Bill Passed; Indexes Up 6%

  Stocks are up 4% Thursday, putting the market on track for its first three-day rally in six weeks, even as the astonishing scale of the downturn slamming the economy because of the coronavirus becomes more apparent
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  ski industry Mar 25

  Coronavirus Delivers ‘Body Blow’ to Colorado’s Ski Industry

  Ski resorts across the West that were shut down amid coronavirus fears are grappling with an economic blow at a time they would normally be welcoming hordes of spring break revelers.
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  Massachusetts Mar 25

  New List Shows Restaurants Still Open in Mass. Amid Coronavirus

  The Massachusetts Restaurant Association has launched a new centralized database of eateries offering takeout and delivery services during the coronavirus pandemic. CarryOutMA will tell the public about restaurants in the Bay State offering carryout, curbside and delivery. Businesses can click here to add their listings. “I think everyone is ...
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  Economy Mar 25

  Senate Unanimously Passes $2 Trillion Coronavirus Economic Rescue Bill

  The Senate late Wednesday passed an unparalleled $2.2 trillion economic rescue package steering aid to businesses, workers and health care systems engulfed by the coronavirus pandemic.
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  coronavirus relief Mar 25

  Coronavirus Relief: What We Know About the Senate Bill

  Senate leaders and the White House have reached an agreement on a sweeping $2 trillion measure to aid workers, businesses and a health care system strained by the rapidly spreading coronavirus outbreak.
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  unemployment Mar 25

  ‘The Whole City Laid Off’: US Jobless Claims Climb Sky High

  New unemployment benefit claims are rising to levels unseen in recent U.S. history as a result of coronavirus concerns