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  • America's housing market is showing the first signs of trouble from the coronavirus pandemic

    Sellers appear to be holding off on listing their homes for sale in anticipation of less buyer traffic during the normally busy spring home-buying season. March started out as a strong month for the U.S. housing market-- but by the second half of the month, the first indications that the coronavirus pandemic would weigh on home-selling activity began to emerge, according to a new report from Realtor.com. In the weeks ending March 21 and March 28, the number of newly-listed...

  • Lost your job-based health insurance during the coronavirus pandemic? Here's how to get coverage before time runs out

    'People shouldn't wait-- they should start investigating,' one economist said. Workers facing a coronavirus-related loss of employer-based health insurance should move quickly to assess coverage alternatives, health-policy experts say-- and be open to pursuing options they hadn't considered. As the COVID-19 pandemic ravages the economy and sets mass layoffs in motion, an estimated 3.5 million U.S. workers were "at high risk" of losing health insurance through their jobs in the...

  • Dow up more than 800 points on hopes coronavirus outbreak near peak

    U.S. stocks opened higher Monday, with analysts attributing support to a fall in the death rate from the COVID-19 pandemic in Europe and hopes that the toll in the U.S. may be nearing its peak. The Dow Jones Industrial Average was up 857 points, or 4.1%, while the S&P 500 advanced 96 points, or 3.8%, to 2,584. The Nasdaq Composite advanced 259 points, or 3.5%, to 7,643.. (END) Dow Jones Newswires 04-06-20 0935 ET Copyright (c) 2020 Dow Jones& Company, Inc..

  • These gig-economy jobs can earn you extra cash during the coronavirus pandemic -- without having to leave your home

    As layoffs mount, some Americans are turning to gig work for quick money. Layoffs are mounting as more Americans practice social distancing to contain the spread of COVID-19, the disease caused by the coronavirus: some 6.6 million Americans filed for unemployment benefits last week-- the highest ever increase in weekly jobless claims. The dire economic outlook could be leading some to consider "gig" jobs, or temporary jobs, to help them get by until they land a permanent full-time...

  • Market bottom or 'very tough times ahead'? Here's what one chart watcher is keeping his eye on

    Commodities index' will go miles and miles' toward telling us if we are headed for tough times, says Kimble. Investors say there's no one chart that will signal when the stock-market bottom is in. But technical analyst Chris Kimble argued Friday that an important tell could be offered by a commodity index that is testing a support level that has held for the past 40 years.

  • *U.S. 2020 GDP expected to decline 5.3%--Credit Suisse

    (END) Dow Jones Newswires 04-06-20 0834 ET Copyright (c) 2020 Dow Jones& Company, Inc..

  • *U.S. Q2 GDP on track to be down 33.5%, says Credit Suisse

    (END) Dow Jones Newswires 04-06-20 0834 ET Copyright (c) 2020 Dow Jones& Company, Inc..

  • Retailers lost 46,200 jobs in March but could lose millions by May

    Companies ranging from Macy's (M) to Under Armour (UAA), which have tens of thousands of workers, have announced furloughs. The latest U.S. government data shows the retail industry lost 46,200 jobs in March to furloughs and layoffs, but the cuts will be much deeper as the crisis wears on, research from the National Retail Federation shows. The U.S. lost 701,000 jobs in March, the Labor Department reported Friday, due to business shutdowns to combat the coronavirus pandemic,.

  • U.S. government bond yields follow stocks higher on coronavirus hopes

    $40 billion of 3- year note will go for auction at 1 p.m. Treasury yields rose sharply on Monday as a global rally in risk assets drew demand away from government paper on hopes that the spread of the COVID-19 disease was beginning to slow in the U.S. and Europe. Investors will see a holiday-shortened week in observance of the Good Friday holiday.

  • The False Choice Between Lockdowns and the Economy

    As many Western nations begin their second month under some form of lockdown, many are publicly debating the bleak, utilitarian question of whether such strict measures cause more economic damage than their public-health benefits merit. But it's clear from international business surveys released over the past week that this is actually something of a false choice: Even major countries without significant lockdowns are experiencing their worst economic conditions since...

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