Stock Market Rises For A Change
U.S. stock indexes finished the day up as investors tried to absorb the latest financial impacts of the coronavirus. The Dow rebounded, rising nearly 200 points a day after its steep plunge.
ECONOMY
Lessons From China On How To Restart An Economy After Coronavirus Peaks
How are businesses and restaurants reopening in China after a deadly outbreak of the new coronavirus? Very slowly. China continues to sacrifice economic activity for rigorous quarantine measures.
Roundup: The Latest On Coronavirus In The United States
A panel of NPR correspondents discusses the latest developments around the coronavirus epidemic, including updates about drugs, testing, medical supplies, economic impact and unemployment relief.
Michigan Labor Official Describes Layoffs And Unemployment Benefits In His State
NPR's Ailsa Chang speaks with Jeff Donofrio, director of Michigan's Department of Labor and Economic Opportunity, on unemployment in his state due to the coronavirus outbreak.
Automakers Might Retool To Make Ventilators
Ford and General Motors say they are evaluating whether they could retool their factories to produce much-needed medical equipment as the coronavirus pandemic spreads.
Filings For Unemployment Benefits Rise As Coronavirus Hits Job Market
New claims for jobless benefits climbed 70,000 to 281,000 last week as the coronavirus pandemic shuttered businesses and left people out of work. It was the highest level since September 2017.
Federal Reserve Establishes Lending Facility To Back Up Money Market Mutual Funds
The Fed will receive $10 billion from the Treasury Department to cover potential losses in loans made to eligible financial institutions, to backstop the money market mutual fund industry.
Washington Lawmakers Try To Sort Out Coronavirus' Economics
NPR's Rachel Martin talks to Senate Minority Leader Chuck Schumer about federal aid to address the coronavirus' economic impact. The Senate is working on another measure that could total $1 trillion.
Tamale Lady Is Caught Up In Coronavirus Massive Shutdown
As communities across the country radically restrict public gatherings, small business owners and their workers are scrambling to stay afloat. For example: Alicia Villanueva, the tamale lady.
Food And Beverage Industry Hit Hard By Coronavirus Outbreak
Thousands of food service workers have been laid off. NPR's Rachel Martin talks to Sean Kennedy of the National Restaurant Association, which is asking the White House for critical help.