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COVID-19

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COVID-19

Eight weeks in, businesses face hard choices over PPP loans

by Justin Ho
May 22, 2020
The federal relief loans can be forgiven if businesses spend 75% on payroll within eight weeks. For some businesses, that's a problem.
A bar in New York sells cocktails to go in March. Small businesses are still struggling eight weeks after the CARES Act became law.
Victor J. Blue/Getty Images
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COVID-19

British charities buckle under crisis as fundraising dries up

by Stephen Beard
May 22, 2020
Britain weighs the economic cost if charities go bust.
Shevan James prepares packed lunches for delivery to local low-income families.
Mimisse Beard
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COVID-19

NYSE president: The stock market is 'not necessarily reflective' of the economy

by Andie Corban and Kai Ryssdal
May 22, 2020
Marketplace host Kai Ryssdal spoke with NYSE President Stacey Cunningham ahead of traders returning to the floor.
New York Stock Exchange President Stacey Cunningham speaking in 2018.
Jewel Samad/Getty Images
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COVID-19

What we've learned so far about where the economy is headed

by Maria Hollenhorst and Kai Ryssdal
May 22, 2020
It’s been eight weeks since the CARES Act became law. Will the economic crisis it was meant to combat get as bad as the Great Depression?
There's still a lot that we don't know about how economic recovery will play out.
Josh Edelson/AFP via Getty Images
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COVID-19

People are adjusting to working from home for the long haul

by Meghan McCarty Carino
May 22, 2020
We check in with three people adapting to their new work environments. Zen attitudes about pantsless kids in video chats helps.
After two months of working remotely, people are adjusting to the idea of working from home long term.
Olivier Douliery/AFP via Getty Images
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COVID-19

Why stores are saying "hero bonus" instead of "hazard pay"

by Janet Nguyen
May 22, 2020
Companies like Kroger and McDonald’s have been using terms of gratitude to describe extra pay for hazardous duty.
A supermarket employee stands behind a cash register with a superhero cloak during quarantine.
Anna Lukina/Getty Images
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COVID-19

"Record levels" of food insecurity in the U.S. because of COVID-19

by Samantha Fields
May 22, 2020
States that rely heavily on tourism, including Nevada and Hawaii, are seeing some of the biggest increases.
A drive-thru food pantry in Las Vegas. Nevada is projected to have one of the highest increases in food insecurity this year.
(Bridget Bennett/AFP via Getty Images)
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COVID-19

Gas prices are low ahead of Memorial Day. But will people travel?

by Justin Ho
May 22, 2020
Travel could fall to record lows this holiday weekend, despite some of the cheapest gas in nearly two decades.
Gas prices heading into the Memorial Day weekend are at their lowest levels in nearly two decades.
Bruce Bennett/Getty Images
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COVID-19

The Consumer Reports CEO on fighting for protections in our online world

by David Brancaccio and Rose Conlon
May 22, 2020
Hard-won regulations that protect consumers in the analog world have not caught up with the digital marketplace.
Marco Di Lauro/Getty Images
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COVID-19

Today’s Numbers: The COVID Economy

by Scott Tong
May 22, 2020
A daily snapshot of the COVID-19 pandemic.
Kira-Yan/Getty Images
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