NPR's Rachel Martin speaks with economist Paul Romer about the worst GDP numbers in U.S. history, and what's ahead for the economy. He says the current decline is worse than the 2008 recession.
The company's sales went through the roof between April and June, hitting close to $89 billion — a 40% increase from a year earlier. Amazon added 175,000 new hires to help keep up with the demand.
The coronavirus triggered the sharpest economic contraction in modern history in the second quarter as the pandemic hammered the economy, the Commerce Department said Thursday.
Commerce Department expected to release grim economic report. Federal law enforcement officers are standing down in Portland, Ore. Four big tech CEOs testify before House panel's anti-trust hearing.
The Federal Reserve wrapped up a two-day policy meeting Wednesday. The central bank has moved aggressively to prop up the economy, but Fed Chairman Jerome Powell said more help might be needed.
After delays, Republicans roll out a pandemic relief bill. MLB postpones three games after a coronavirus outbreak. And the pandemic is overwhelming public health capacity in many states.
NPR's Ailsa Chang talks with Maryland Gov. Larry Hogan about how the coronavirus has affected his state's economy and how he's planning to approach budget shortfalls at the start of a new fiscal year.
After lengthy negotiations, Senate Republicans rolled out their plan for the next wave of coronavirus aid. Under it, supplemental unemployment payment would fall to $200 per week through September.
The $600 weekly pandemic unemployment payments have single-handedly changed the economic equation in America as people earn more staying home than they did in the jobs they lost.
The Macon-Bibb County Planning and Zoning Commission approved plans for the old Pio Nono Avenue Kroger but rejected proposals for a new Sonny’s BBQ and new site for Agape Nursery.
Gold has soared nearly 30% this year, reaching a record settlement price of $1,931 per ounce Monday. Many analysts see it heading even higher as investors look for a "safe haven."
Senate Republicans will unveil a $1 trillion coronavirus relief bill on Monday. It has money for schools, businesses and testing. The measure is a starting point for negotiations with Democrats.
The "lipstick index" was a way for experts to measure how women spent money during hard times. But lipstick use has gone down as the pandemic has made women stay home more and wear masks in public.