From This Collection

Federal Reserve Chairman Jerome Powell.
Photo by Olivier Douliery/AFP/Getty Images
COVID-19

Despite staggering unemployment numbers, it's even worse than it looks

Apr 9, 2020
Nearly one out of 10 people who had a job to go to before the pandemic don't have one now.
One expert estimates unemployment in the U.S. is around 14% currently.
Angela Weiss/AFP via Getty Images
COVID-19

Coronavirus-linked hardship puts pressure on food banks

Apr 9, 2020
As millions lose their jobs or suffer furloughs, the demand at food banks is surging.
Volunteers pack boxes of food at the distribution center of the Capital Area Food Bank on April 9 in Washington, D.C.
Drew Angerer/Getty Images
COVID-19

With companies on borrowing spree, Federal Reserve expands lending backstops

Apr 9, 2020
The risks are concentrated in companies that already have a lot of debt in industries that have been hit hard by the pandemic.
Corporate debt has been attractive to investors over the past decade.
Johannes Eisele//AFP via Getty Images
COVID-19

Wuhan returns to life after COVID-19 lockdown

Apr 9, 2020
In the city of 11 million, it is far from business as usual.
People sit outside Hankou Railway Station in Wuhan in the hope of taking one of the first trains leaving the city in China's central Hubei province on April 8.
Noel Celis/AFP via Getty Images
COVID-19

Roughly 1 in 10 workers have lost their jobs in the past 3 weeks

Apr 9, 2020
The actual number of Americans out of work or nearly so is almost certainly higher.
With a startling 6.6 million people seeking jobless benefits last week, the United States has reached a grim landmark
Joe Raedle/Getty Images

Invest in Marketplace today

Ask not what Marketplace can do for you, but what you can do for Marketplace.

Check Your Balance ™️

Do I still need to pay my student loans? What the CARES Act offers for COVID-19 relief

Apr 9, 2020
Most federal student loans qualify for a temporary suspension during the coronavirus pandemic, but not all.
The CARES Act temporarily suspends most federal student loan payments, but not all.
(Eduardo Munoz Alvarez/Getty Images)
COVID-19

6.6 million more Americans have filed for unemployment

Apr 9, 2020
This is the second largest number on record.
Jessie Morancy stays home with her nephew, Freddy Preseler, 2 years old, after being laid off from her job at the Fort Lauderdale–Hollywood International Airport. She has applied for unemployment benefits, joining the millions of Americans across the country who have done so.
Joe Raedle/Getty Images
COVID-19

Fed announces $2.3 trillion in additional lending

Apr 9, 2020
The loans, to support American households, businesses and local governments, is part of the Main Street Lending Program authorized by the economic relief law.
Olivier Douliery/AFP via Getty Images

We’re here for you.

As COVID-19 reshapes our economy, our newsletter will help you unpack the news from the day.