The coronavirus outbreak has hit the U.S. economy harder and faster than any event in the history of modern economic records.That grim point was made official on Thursday when the U.S. Bureau of Economic Analysis announced that second quarter real GDP—from April to June—declined by 32.9%...
White House economic adviser Larry Kudlow declared Sunday that the U.S. economy was experiencing a V-shaped recovery. But that bullish view is not shared by American chief executive officers.The Conference Board provided Fortune an exclusive look at its survey of global CEOs and C-Suite....
Subscribe to How To Reopen, our weekly newsletter on what it takes to reboot business in the midst of a pandemic.The unemployment rate dropped from 13.3% in May to 11.1% in June. That’s the second straight month of a pick-up in hirings after the jobless rate topped out at 14.7% in April—the...
Traffic got a little busier along Main Street, but otherwise, it was hard to tell that coronavirus restrictions were ending in the tiny Montana town of Roundup.That’s because it’s largely business as usual in the town of 1,800 people. Nonessential stores could reopen as a statewide shutdown...
Emerging coronavirus hotspots likely already exist undiscovered in the eight U.S. states planning to ease social distancing restrictions, a new analysis reveals.The study discovers that in the eight states planning to ease social distancing measures in the coming weeks, almost two dozen small...