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Treasury expects to borrow $3 trillion over next 3 months

That's almost triple what the Treasury borrowed in the 2019 accounting year.
The Treasury needs the money to pay for all of the new stimulus spending to keep the economy afloat during the COVID-19 crisis.
Mandel Ngan/AFP via Getty Images

Airlines are tweaking frequent-flyer programs to keep customers loyal after lockdown

May 5, 2020
The last thing airlines want is for customers who fly business class to opt for rival carriers.
Airlines haven't had to pay much attention to loyalty programs in recent years because demand for flying has been high. That's going to change.
Justin Sullivan/Getty Images

There's been a dramatic spike in Americans' economic anxiety

May 5, 2020
A new Marketplace-Edison Research Poll puts numbers to what we've been seeing and experiencing.
Many Americans are scared they won't be able to afford basic necessities after losing income during the COVID-19 pandemic.
Joe Raedle/Getty Images

People across most income groups are more anxious about the economy during COVID-19

May 5, 2020
But those earning under $25,000 are about as anxious now as they were before the pandemic.
Spencer Platt/Getty Images

Cities may reopen, but will customers' wallets?

May 4, 2020
When it comes to companies that bank on large gatherings, analysts think COVID-19's impact will be long-lasting.
People stand outside the gates of Disneyland in March.
David McNew/AFP via Getty Images

Banks eager to help clients get PPP cash while funds are available

May 4, 2020
The second round of Paycheck Protection Program funding has yet to be exhausted.
An empty coffee shop in New York. Many small businesses may rely on the second round of PPP loans.
Spencer Platt/Getty Images

For public good, not for profit.

Texas oil regulator throws in the towel on supply cut

May 4, 2020
Low crude oil prices have already achieved what regulators were seeking: to cut state production.
The sun sets behind smoke rising from a refining plant in Houston.
Mark Felix/AFP via Getty Images

Even high schoolers are feeling economic uncertainty

May 4, 2020
High school senior Vivienne Dragun was planning on working to save money for college this fall. Now with the coronavirus crisis, she's not so sure.
Vivienne Dragun, a student in Midland, Texas. "This is one of the biggest years of my life," she said.
Courtesy of Vivienne Dragun

COVID-19 has some older workers rethinking retirement

May 4, 2020
After the 2008 crisis, people 62 or older who were laid off were much less likely than younger workers to return to the workforce.
People 55 or older make up about a quarter of the labor force today.
Mario Tama/Getty Images