Fed's Powell says new lending programs to launch by June 1

Federal Reserve Chair Jerome Powell said Tuesday that the central bank’s lending programs for medium-sized businesses and state and local governments will be operational by the end of this month.

Millennial Money: Put off debt payments to start saving now

If you’re one of the millions of Americans making less or receiving unemployment benefits because of the coronavirus pandemic, you’re probably working to recalibrate your finances.

Charge card vs. credit card: What's the difference?

Credit and charge cards have their similarities, but they actually have more differences. Getting to know those differences can steer you toward a better choice of plastic down the road.

How to stay calm in coronavirus uncertainty and hold on to your money

The rapid and uncontrolled spread of coronavirus has generated levels of fear, uncertainty and volatility that can make sound investing decisions difficult.

Survey: 40% of Americans fear they won't be able to retire

The current economic crisis has many Americans already planning to dip into their 401(k)s, but there are better options.

Dow surges over 900 points amid coronavirus vaccine progress as lockdowns ease

U.S. equity markets soared Monday after drugmaker Moderna announced progress toward a COVID-19 vaccine and as lockdowns continued to ease nationwide.

JCPenney files for bankruptcy as coronavirus pushes retailer over edge

Retailer JCPenney filed for Chapter 11 bankruptcy protection after the coronavirus pandemic forced stores to shut, the company announced Friday evening, joining J. Crew and Neiman Marcus.

Stocks rally but not enough to erase weekly losses

The Dow Jones Industrial Average climbed 60 points, or 0.25 percent, while the S&P 500 and the Nasdaq Composite rose 0.39 percent 0.79 percent, respectively.

US retail sales plunged 16% in April as virus froze economy

U.S. retail sales tumbled 16.4% from March to April as business shutdowns caused by the coronavirus kept shoppers away, threatened stores across the country and weighed down a sinking economy.

Stocks jump on banking M&A talk, coronavirus vaccine progress

U.S. equity markets curbed losses and finished at session highs as financials led on renewed M&A speculation and comments from President Trump signaled the U.S. could have a coronavirus vaccine by year-end.

Dow falls 457 points amid fears of coronavirus second wave

U.S. equity markets slid Tuesday as members of President Trump's task force on the coronavirus testified before Congress signaling that virus risks remain as states reopen for business. Additionally, the CDC disclosed fresh data that showed an uptick in U.S. cases of the virus.

Stocks slide as Powell says Fed fighting worst slump since WWII

U.S. stock markets tumbled Wednesday after Federal Reserve Chairman Jerome Powell said the central bank will take further steps to combat the worst downturn since World War II.

Consumers, lawmakers rip airlines for withholding refunds

Some airlines are being slammed for not offering full refunds to travelers who had to cancel their flights due to the COVID-19 pandemic.

Grocery store prices rose last month amid COVID-19 pandemic

The price index for meats, poultry, fish and eggs increased the most, according to the U.S. Bureau of Labor Statistics.

How to pay off debt while unemployed during coronavirus

Unemployment and debt are major concerns during the Coronavirus pandemic. Here are some options to help you stay afloat.