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As China recovers from COVID-19, small businesses are struggling to re-open

Mar 23, 2020
Pork seller Ma Qiang sold $35,000 worth of pork to restaurants ahead of the Lunar New Year and expected to be paid after the holiday. Then COVID-19 hit.
Ma Qiang mainly supplies to restaurants but a lot of them are struggling after weeks of closure.
Charles Zhang/Marketplace

Ben Bernanke on COVID-19 downturn: "With help from the Federal Reserve and from the Treasury, I'm not really expecting a major financial crisis."

Mar 23, 2020
Former Federal Reserve Chairman Ben Bernanke said the Fed has to do what it can to limit the damage caused by the coronavirus.
Former Federal Reserve Chairman Ben Bernanke said the current downturn is "a different problem with different solutions."
Alex Wong/Getty Images

Fed to buy unlimited government debt and lend to businesses

Mar 23, 2020
The central bank’s all-out effort has now gone beyond even the extraordinary drive it made to rescue the economy from the 2008 financial crisis.
Federal Reserve Chairman Jerome Powell during a 2018 news conference.
Alex Wong/Getty Images

SEC on high alert for illegal stock market activity

Mar 23, 2020
Haima Marlier, a former senior trial counsel for the SEC, says recent trading suspensions show the SEC is "very much paying attention."
Mario Tama/Getty Images

Fall fashion braces for the effects of COVID-19

Mar 23, 2020
Most apparel companies aren’t in a state of emergency ... yet.
China's supply chain problem is starting to worry retailers.
Peter Macdiarmid/Getty Images

Tax Day is July 15. Here's what you need to know

Mar 23, 2020
If you are getting a tax refund, which more than 70% of Americans do, you can still file your taxes now and get your money.
This only applies to federal tax returns. Whether you still have to file your state and local taxes by April 15 depends on where you live.
Zach Gibson/Getty Images

What all-electronic trading means for the New York Stock Exchange

Mar 23, 2020
NYSE says it has run tests and is fully capable of operating electronically.
Spencer Platt/Getty Images

For public good, not for profit.

Should the Fed decide who gets bailout cash?

Mar 20, 2020
That authority was curbed during the 2008 financial crisis. Some are arguing that power should be returned.
The Federal Reserve building in Washington, D.C.
Chip Somodevilla/Getty Images

COVID-19 stimulus proposals revive stock buyback debate

Mar 20, 2020
The big U.S. airlines spent almost all of their free cash flow buying back their own shares in the last decade. Now they want government aid.
Sen. Chuck Schumer said U.S. airlines are short on cash because "they spent billions on stock buybacks."
Alex Wong/Getty Images

College communities rally together to support students struggling with campus departures

Mar 20, 2020
Alumni, professors and fellow students have donated time, money and resources to help those who have to leave campus but don't have an easy path home.
Students are worried about more than just whether or not commencement will happen. Some have uncertain living situations now that campuses are closing.
Sandy Huffaker/AFP via Getty Images