Nearly 20% of U.S. households have experienced either a layoff or a reduction in work hours because of the coronavirus, according to a new NPR/PBS Newshour/Marist poll.
The Trump administration is proposing an $850 billion stimulus package to help struggling businesses and individuals weather the economic slowdown triggered by the coronavirus.
NPR's Steve Inskeep talks to Nicholas Calio of Airlines for America about airlines asking the federal government for over $50 billion in financial assistance as businesses take a hit due to COVID-19.
Container ship operators say the coronavirus outbreak is their biggest crisis since 2009. Dozens of sailings have been canceled and vessels are being idled at a record pace.
Retailers, bars, restaurants, gyms, ski resorts and many other firms are closing their doors. Millions of small businesses could be in trouble as they run out of cash. See a list of what's closed.
Despite the Federal Reserve cutting the interest rate to near zero percent, U.S. stock indexes plunged sharply from the opening bell. The Dow Jones Industrial Average closed down nearly 3,000 points.