Many will be forced to tap rainy-day funds or turn to the bond market to make ends meet.
With first-time jobless claims topping 30 million since mid-March, the Labor Department’s April unemployment rate may under-count job loss.
We checked in with three people who suddenly lost their jobs in March.
Sales at clothing retailers dropped by 50% in March.
Universal’s latest “Trolls” movie was a digital hit. The studio says it could release films online and in theaters once the pandemic fades.
For eight hours, only smaller banks were able to process applications.
It’s by far the worst string of layoffs on record.
It’s the automaker’s third profitable quarter in a row.
That includes getting laid off, furloughed or having hours or pay reduced because of the pandemic.
Robots are doing their part in this pandemic — and they’re using behavioral economics.