The Trump administration's decision to include the U.K. and Ireland to its month-long travel ban will likely come with a big price tag for the U.S. economy.
The Dow Jones Industrial Average and other major stock indexes jumped as President Trump declared a national emergency to deal with the coronavirus pandemic.
The outbreak is creating uncertainty for Uber drivers and other gig workers, who face difficult choices about whether to work or stay home and lose their livelihoods.
The coronavirus has given stock markets and the global economy a whack. Some businesses are feeling pain, while others are seeing gains. And a handful of companies are experiencing both.
The worry is that bankers, traders and big funds might suddenly find themselves out of cash. Such a scenario could create an ugly spiral throughout the economy.
Drivers are saving money at the pump, but that's a small silver lining in the big gray cloud of coronavirus-related economic turmoil. AAA says the national average could dive to $2 per gallon soon.
Gas prices have dropped as Saudi Arabia and Russia send the price of crude oil plummeting. That's helping drivers save money but is hurting oil producers around the globe.
Billionaire entrepreneur Nick Hanauer says that today's inequality results from decades of bad economic theory. He argues for a reinvention of our capitalist system and our definition of prosperity.
As stores, restaurants and other businesses feel the shift to more people staying at home, stocks are tumbling and lawmakers are negotiating a possible rescue package.
Social distancing is good for public health, but bad for the economy. As workplaces close down, so are schools. And, President Trump's ban on most travelers from Europe is in effect.