US economy shrank at 5% annual rate in Q1

It was the biggest quarterly decline in more than a decade, since an 8.4% fall in 2008 during the depths of the financial crisis.

Stocks pare gains fueled by America's reopening

U.S. equity markets were mixed Wednesday as U.S. states continued with their plans to reopen America.

Ford's cop cars can now kill coronavirus with extreme heat

The automaker has developed a software update for some of its Explorer-based Police Interceptor Utility patrol vehicles that allows them to use the climate control system to raise the cabin temperature to 133 degrees for 15 minutes to help kill any coronavirus inside.

Rental companies selling cars at discounted prices following halt on travel amid COVID-19 lockdowns

As Hertz Global Holdings Inc., files for bankruptcy following a near-halt on most travel amid the coronavirus pandemic, rental companies have reportedly begun selling much of their fleets in an attempt to survive the devastating economic impacts of the COVID-19 lockdowns. 

Stocks soar on reopening optimism

U.S. equity markets surged to their best levels in months as states continued to reopen and as traders returned to the New York Stock Exchange for the first time since shutting down on March 23 to slow the spread of COVID-19.

Six Flags announces reopening plan for Six Flags Over Texas with new safety procedures

Officials say that the plan will implement extensive new safety measures, hygiene protocols, and include new advanced technology systems to help keep guests and park employees safe.