Economics: Research Guide

Mnuchin also said he hopes the shutdown does not go on longer than eight weeks.

The former chair of the Federal Reserve made the suggestion during a conference call with House Democrats on how the coronavirus pandemic is hurting the economy.

Jobless claims hit record levels for the second time in as many weeks as the coronavirus pandemic continued to rattle the economy.

In an announcement earlier this week, the United States' Treasury Department and the Internal Revenue Service announced that stimulus checks would be issued to eligible recipients roughly three weeks from now.

The global economy is also on course for its worst year since the end of the Second World War, Capital Economics said.

The official purchasing managers' index (PMI), which is a metric of activity in the manufacturing sector, was higher than expected, although global shutdowns will hurt demand.

The president signed off a $2 trillion stimulus package last week that proposes to send individual checks starting at $1,200 to American households.

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No one knows just how bad it ultimately will be, but coronavirus' financial damage to showbiz has already been severe

Democratic presidential candidates Joe Biden and Bernie Sanders joined state lawmakers in New York and California in calls to freeze and forgive rent payments, as millions of Americans struggle to make ends meet under coronavirus lockdown.

Nearly half of Americans think a recession will occur due to the outbreak. Jobless claims have already skyrocketed to unprecedented levels at an unimaginable pace.

Academics in Israel suggested balancing public health and economic concerns with a mixed week of work and lockdown days, but other experts have serious doubts.

Jerome Powell said in a rare interview he believed there could be a

The Department of Labor revealed that initial jobless claims rose by 3.3 million last week as business were shut down by the coronavirus pandemic.

In normal times, getting laid off is stressful. But now, amid the coronavirus pandemic, it's a nightmare. These steps will help ease the financial strain, from navigating unemployment benefits to getting a break from creditors.

Americans were furious to learn that Wall Street corporate executives had profited off the 2008 banks bailout. That can't happen again.

The CEO said the second quarter would be the hardest hit, but expects a boom by the fourth quarter of 2020.

Seventy-two percent of Republican voters said they supported a national lockdown amid the coronavirus pandemic.

The economic impact of the pandemic will long outlast the public health crisis—but we can already start planting the seeds of future recovery and even prosperity. Here's how.

The state recorded more than 21,000 initial claims on Monday, almost 20,000 more than the same day last year.

Large industries are being given a $500 billion lifeline, while Americans making under $75,000 per year are likely to receive a payment of $1,200 each as part of the $2 trillion dollar stimulus bill the Senate was expected to vote on Wednesday night.