"Both the depth of the recession and the strength of recovery will be uneven," the EU's economy commissioner said.
"My guess right now is that it's going to be north of 16 percent, maybe as high as 19 or 20 percent," Kevin Hassett said.
Americans in all 50 states have reported more than $23 million in losses due to coronavirus scams, according to the Federal Trade Commission.
Year after year, retailers offer deals on athletic apparel and footwear to entice us to get out and get fit. We celebrate Pet Week with our furry friends, and we have Mother's Day and Memorial Day sales; two reliable opportunities to save big.
It will take years before the economy is at pre-pandemic levels again.
If you're struggling financially as a result of the COVID-19 outbreak, these five options can help you find extra income or additional funds to help pay your bills and basic living expenses.
Why many folks aren't getting paid, Warren Buffett's annual meeting and investing advice from Jane Bryant Quinn.
Billionaire investor Warren Buffett's company sold off stocks in four major U.S. airlines. During an annual meeting Saturday through a live-stream, he called the investments during a pandemic "a mistake."
The Anglo-Dutch energy giant said its Q1 net income had fallen by 46 percent as the industry grapples with a fall in oil demand driven by the coronavirus pandemic.
Small businesses, particularly mom-and-pop restaurants, have been hit hard during the COVID-19 pandemic and many of those have closed their doors for good.
For every 10 Americans who successfully filed unemployment claims during the coronavirus pandemic, at least three or four more have been unable to register due to rampant state-by-state technological problems.
Q&A with Mark Suzman: Next Up For The Bill and Melinda Gates Foundation.
Why charities like the United Way are built to tackle Covid-19
More Than 200 billionaires promised to donate a majority of their wealth since the Buffet/Gates "Giving Pledge" launched 10 years ago. Is that a success?
"You're looking at something minus 20 to minus 30 in the second quarter," Kevin Hassett predicted.
CEO Dave Calhoun predicted it will likely take several more years after 2021-2022 before long-term growth trends recover to 2019 rates.
Around 350,000 Nevada residents have filed for unemployment benefits since the start of the coronavirus pandemic, doubling jobless numbers seen during the Great Recession and setting an all-time state record.
Column: Mitch McConnell takes on Blue Nation.
Seven tips to help this year's college seniors succeed from experts who got their own degrees during the Great Recession and other crises—and made out just fine anyway
Treasury Secretary Steve Mnuchin offered a more optimistic assessment, saying that the economy would "really bounce back in July and August."
Pelosi asked where so-called "fiscal conservatives" were when Trump and Republicans gave tax cuts to "the wealthiest 1 percent of Americans" in 2017.