US jobless claims soar past 30 million as 3.8 million more workers seek aid

More than 3.8 million laid-off workers applied for unemployment benefits last week as the U.S. economy slid further into a crisis that is becoming the most devastating since the 1930s.

Interest rates steady during coronavirus pandemic: What it means for your wallet

Interest rates will remain at zero percent until the financial effects of the coronavirus pandemic begin to subside, which is good news for some consumers, the Federal Reserve announced Wednesday.

Smallest businesses get a few hours at head of loan line

Smaller businesses that need coronavirus relief will get to move to the front of the line come Wednesday.

Stocks surge on Gilead’s coronavirus drug and Fed’s pledge to keep rates near zero

The Dow Jones Industrial Average gained 449 points, or 1.86 percent, in the opening minutes of trading while the S&P 500 and the Nasdaq Composite rose 2.04 percent and 2.03 percent, respectively.

US economy shrank at 4.8% rate last quarter as coronavirus struck

The U.S. economy shrank at a 4.8% annual rate last quarter as the coronavirus pandemic shut down much of the country and began triggering a recession that will end the longest expansion on record.

Colorado man wins $1M Lottery jackpot twice on same day

With a little bit of luck and persistence, a Colorado man has hit the jackpot twice after playing the same numbers for 30 years.

Social Security and Medicare funds at risk even before coronavirus pandemic

For Social Security, the projected 2035 date for exhausting the trust fund reserves means that it would be able to pay only 79% of benefits.

Rep. Lizzie Fletcher pushing for $3 Billion buy for strategic oil reserve

As companies across the energy spectrum shed workers by the tens of thousands, Houston Congresswoman Lizzie Fletcher has launched legislation aimed at easing the debilitating supply glut.

Leader of JetBlue offers business wisdom in new book

The leader of JetBlue Airlines talks about his new book about business leadership, and how to guide the airline industry back to the air.

Dow tumbles 631 points as oil selloff deepens

The Dow Jones Industrial Average tumbled 515 points, or 2.18 percent, in the opening minutes of trading. The S&P 500 and Nasdaq Composite dropped 1.76 percent and 1.2 percent, respectively.

What non-filers need to do to receive $500 per child in stimulus check

For those with children or dependents, the IRS is urging non-filers to let them know by Wednesday to make sure they receive the additional $500 per child.

Oil prices crash 305% to -$36.73 a barrel

West Texas Intermediate crude oil futures for May delivery cratered by 305 percent to -$36.73 a barrel.

How to spot a counterfeit stimulus check: Secret Service, Treasury warn against coronavirus relief fraud

The Secret Service and the Treasury Department are working together to help individuals protect themselves from counterfeit stimulus checks, as the Trump administration plans to mail millions of coronavirus relief checks to Americans later this month.

Stocks slide as oil crashes below zero

U.S. equity markets slid Monday as oil crashed below zero and headed toward its lowest close since recordkeeping began in March 1983.