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COVID-19

COVID-19

Another strong quarter expected for Amazon amid the pandemic

by Mitchell Hartman
Jul 30, 2020
And that's despite the company spending billions of dollars hiring new workers and beefing up safety measures.
The e-commerce, streaming video and cloud-services tech behemoth had a strong first quarter, and the same is expected for the spring results.
David Becker/AFP via Getty Images
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COVID-19

Quebec uses online business directory to encourage consumers to buy local

by Emma Jacobs
Jul 30, 2020
Le Panier Bleu is meant to help local stores compete with online retail giants.
Almost 20,000 businesses had signed up to be featured on the site as of June.
Sebastien St-Jean/AFP via Getty Images
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COVID-19

Gap year not on horizon for students as most plan to head back to college

by Mitchell Hartman
Jul 29, 2020
A Sallie Mae survey finds most students will return to college in the fall — online or in person.
The campus of Columbia University in New York City. Few college students are planning to take the next school year off.
Jeenah Moon/Getty Images
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COVID-19

As tax income shrivels, state budgets face a pandemic reckoning

by Justin Ho
Jul 29, 2020
Many states don't have the luxury of borrowing to get through the crisis. Without more federal aid, they have few options
A cleaning crew disinfects a New York City subway car. Much of the money states received from the federal government has gone toward preventing the spread of the coronavirus.
Stephanie Keith/Getty Images
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COVID-19

Back to work doesn't mean back to spending as before

by Alli Fam
Jul 29, 2020
Two workers share how the pandemic has changed their month-to-month finances.
Image Credit Andrey Popov
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COVID-19

Has the COVID-19 crisis killed live theater in the UK?

by Stephen Beard
Jul 29, 2020
One of Britain’s most successful industries struggles to recover from the pandemic.
The empty London Coliseum theater. After mass closures, the industry fears that full recovery is far off.
Chris Jackson/Getty Images
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COVID-19

Fed sees dim economic outlook as virus squeezes economy

by Associated Press
Jul 29, 2020
The Fed said while the economy has rebounded from the low in March and April, the pandemic will have lasting effects.
Federal Reserve Chair Jerome Powell testifies before the House Financial Services Committee on Capitol Hill on June 30, 2020 in Washington, D.C.
Tasos Katopodis/Getty Images
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COVID & Unemployment

Months into pandemic, many still not getting unemployment

by Samantha Fields
Jul 29, 2020
Some who have lost jobs because of COVID still have not filed for unemployment benefits, even though they’re eligible.
For every 10 people who successfully filed for unemployment benefits, an April study found that three or four were unable to get through, and two didn’t even try because it was too difficult.
John Sommers II/Getty Images
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Race and Economy

There's a big racial divide over COVID-19 cost concerns, new study finds

by Nancy Marshall-Genzer
Jul 29, 2020
People of color are almost twice as likely as white people to be worried about how to pay for care if they get COVID-19.
The study also says nonwhite workers are about twice as likely as whites to stay in a job they don’t like because they’re afraid of losing health insurance during the pandemic.
Go Nakamura/Getty Images
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COVID-19

This year has been a "roller-coaster ride" for automakers

by Jack Stewart
Jul 29, 2020
The coronavirus pandemic forced Ford, GM and Fiat Chrysler to close factories and halt production. They're expected to report large losses.
Analysts say this could be one of the most difficult quarters for carmakers in modern history. Pictured: Cars for sale at a Ford dealership in the Queens borough of New York City.
Spencer Platt/Getty Images
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