ECONOMY

Sweden's Controversial Decision To Not Lock Down The Country

6:28am April 15, 2020

Most of the world's major economies are on lockdown to combat the coronavirus. But the Swedish government has kept the country open — claiming it is better for the economy and for public health.

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When Congress Was Last Called To Help Rescue An Economy In Free Fall

6:27am April 15, 2020

by Kelsey Snell

The 2008 economic crisis had both parties on Capitol Hill acting swiftly to provide relief this time around. Congress learned it takes time for policies to take hold, but political fallout is swift.

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News Brief: WHO Funding, Reopening The U.S., Antibody Tests

6:23am April 15, 2020

U.S. ends WHO funding pending a review of its handling of COVID-19. President Trump backpedals comments that only he can reopen the U.S. And, tests to detect past COVID-19 exposure hit the market.

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Coronavirus Updates: WHO Funding Held, Trump To Work 'In Conjunction With Governors'

7:03pm April 14, 2020

NPR national, science and White House correspondents cover the latest developments in the response of the United States to the coronavirus epidemic.

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With flight schedules slashed, airline counters at Reagan National Airport are empty. The fallout from the coronavirus will be much worse than during the financial crisis, the International Monetary Fund says.

IMF Warns Of Steepest Recession Since The Great Depression

6:07pm April 14, 2020

by Scott Horsley

The fallout from the coronavirus will be much worse than that of the financial crisis, the IMF says. The global economy is expected to shrink by 3% this year; the U.S. GDP could fall twice as much.

Unicorn Riding Scooter In Fatal Crash

4:48pm April 14, 2020

by Greg Rosalsky

As venture capital retreats, hot startups are collapsing.

Why South Dakota's Governor Is Resistant To Issuing Stay-At-Home Order

1:11pm April 14, 2020

by Lee Strubinger

South Dakota Gov. Kristi Noem, a Republican, says she won't issue a statewide stay-at-home order because it would need to last until October. Health researchers say that may be dangerous logic.

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Boeing Mulls Federal Relief Package That Comes With Strings

12:03pm April 14, 2020

by David Schaper

Boeing's airplane plants are closed. Idled employees don't know when or if they'll return to work. The aerospace giant is weighing a request for federal aid as it also considers downsizing and layoffs

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Independent Oil And Gas Producers Battle Low Prices, Coronavirus

6:18am April 14, 2020

by Wade Goodwyn

A deal to cut global oil production might stop the free-falling price of oil — but for some producers in Texas, it's too little too late: they're facing economic ruin.

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California Gov. Gavin Newsom and his counterparts in Oregon and Washington will coordinate their lifting of COVID-19 shutdowns, a move mirrored by New York and neighboring states in the East. Here, a sign along Interstate 5 in Commerce, Calif., tells peop

States Unite On Reopening Economies: 'Science — Not Politics — Will Guide' Decisions

9:36pm April 13, 2020

by Bill Chappell

"Any plan to reopen society MUST be driven by data and experts," said Gov. Andrew Cuomo of New York, which is forming a regional coalition of states. California will work with Oregon and Washington.