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Economy

Reuters | Equities.com |

Even if the recovery is swift, the jobless rate may be elevated for a year or more.


Reuters | Equities.com |

Federal Reserve Chair Jerome Powell said the Fed will continue to use all the tools at its disposal until the US economy begins to fully rebound from the harm caused by the coronavirus.


Reuters | Equities.com |

The number of Americans seeking unemployment benefits in the last three weeks has topped 16 million.


AP News | Equities.com |

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Here's a rundown of the latest developments.


Reuters | Equities.com |

Missouri residents will start seeing payments next week. Other states may take several weeks.


Reuters | Equities.com |

Saudi Arabia, Russia and allied oil producers will only agree to deep cuts to their crude output at talks this week if the US and several others join in with curbs to help prop up prices.


AP News | Equities.com |

Japanese Prime Minister Shinzo Abe is preparing to announce a ¥108 trillion ($1 trillion) economic package to help the country weather the coronavirus crisis.


AP News | Equities.com |

The numbers reflect the government's survey of employers the week ending March 12, before the heaviest layoffs hit.


AP News | Equities.com |

A global glut in production, coupled with an economy reeling from the coronavirus pandemic, has sent energy prices to lows not seen since 2002.


AP News | Equities.com |

The surging layoffs have led many economists to envision as many as 20 million lost jobs by the end of April.