From This Collection

Latinas among those hit hardest by COVID-19 job losses

May 14, 2020
Big cuts in hospitality, health care and retail sectors leave Latinas vulnerable.
One in five Latinas are now unemployed.
Robyn Beck/AFP via Getty Images

36 million have sought unemployment aid since COVID-19 hit

May 14, 2020
Still, the number of first-time applications has now declined for six weeks straight.
Nearly 3 million laid-off workers applied for U.S. unemployment benefits last week.
Spencer Platt/Getty Images

Save British Cheese boxes boost sales for suffering businesses

May 14, 2020
Hundreds of cheesemakers lost 90% of business overnight. Now they're turning to direct-to-consumer sales.
Many artisanal cheesemakers are among the small producers in the United Kingdom who plan to shrink the supply chain and sell direct.
Tolga Akmen/AFP via Getty Images
A for-sale sign outside a house. Sales of existing homes jumped in June.
Eric Baradat/AFP via Getty Images

Falling producer price index fans fears of deflation

May 13, 2020
Prices of many goods are dropping as demand slows and people stay at home more. But does this mean deflation is here to stay?
A warehouse in China. Producer prices have softened as economic activity has slowed.
Wang He/Getty Images

What college seniors are losing in their last semester because of COVID-19

May 13, 2020
College seniors are faced with ending the biggest chapter of their lives so far and looking for a job during a global pandemic and record unemployment.
College seniors are graduating during an unprecedented time for the U.S. economy and job market.
Scott Olson/Getty Images

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Auction industry readies for COVID-19 business closures

May 13, 2020
The last order of business for many bankrupt companies — restaurants in particular — is to put their assets under the gavel.
A closed restaurant in Washington, D.C., in March. Auction companies are predicting a wave of closures and liquidations due to the COVID-19 pandemic.
Nicholas Kamm/AFP via Getty Images

Powell warns of a possible sustained recession from pandemic

May 13, 2020
Powell cautioned that numerous bankruptcies among small businesses and extended unemployment for many people remain a serious risk.
Powell urged Congress and the White House to act further to prevent long-lasting economic damage.
Federal Reserve via Getty Images

Can buffets survive the COVID-19 pandemic?

May 13, 2020
The buffet chain Souplantation has shut down, while Round Table Pizza’s parent company says its salad bar might not return after the crisis.
The way buffets operate may change permanently because of the COVID-19 crisis.
.shock/Getty Images