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.

Office Depot closing stores, laying off 13,000 workers

Office Depot announced a restructuring plan that includes closing stores and laying off about 13,100 employees by 2023.

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.

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.

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.

Dow, S&P fall as US-China tensions rise over coronavirus crisis

U.S. equity markets ended the session mixed as investors took in record job losses amid speculation tensions are rising between the U.S. and China over Beijing's handling of the coronavirus crisis.

Stocks trim gains on Fed speak as oil soars

U.S. equity markets surged Tuesday as plans to reopen parts of the country gained momentum.

Billionaires got $283B richer during coronavirus: Study

U.S. billionaire wealth collectively increased by $238 billion, a 10 percent gain, from March 18 to April 10 when more than 22 million Americans lost their jobs, according to a study by the Institute for Policy Studies, a progressive think-tank.

US jobless claims soar past 30 million as 3.8 million more workers seek aid

More than 3.8 million laid-off workers applied for unemployment benefits last week as the U.S. economy slid further into a crisis that is becoming the most devastating since the 1930s.

Stocks wrap best month since 1987 as coronavirus recovery continues

The S&P and the Dow Jones Industrial Average wrapped the best month since 1987 despite sliding on Thursday as total job losses related to the coronavirus shutdown topped 30 million.

Smallest businesses get a few hours at head of loan line

Smaller businesses that need coronavirus relief will get to move to the front of the line come Wednesday.

Coronavirus pushes cities to cap third-party delivery fees

More U.S. cities are capping commission fees third party delivery services charge restaurants, many of which are mom-and-pop small business owners.

US economy shrank at 4.8% rate last quarter as coronavirus struck

The U.S. economy shrank at a 4.8% annual rate last quarter as the coronavirus pandemic shut down much of the country and began triggering a recession that will end the longest expansion on record.