A monthly measure of homebuilder sentiment only partially reflected the escalating economic effects of the coronavirus. Sentiment fell 2 points to 72 in March, according to the National Association of Home Builders/Wells Fargo Housing Market Index.
Facebook said the grants will be available for up to 30,000 eligible small businesses in over 30 countries. That would be an average of $3,333 per business.
As coronavirus continues to cancel events, limit group gatherings and curtail travel, freelancers are feeling the financial impact. Here are five actions the self-employed should take right now to mitigate the blow from unforeseen crises like COVID-19.
"We do have some capacity there at this point, but I am worried. If we cannot flatten that curve, as they say, we could be overwhelmed," Democratic Gov. Ned Lamont told CNBC.
Uber Technologies on Tuesday began suspending shared rides on its ride-hailing platform in the United States and Canada to limit the spread of the coronavirus.
Even if every American is given $1,000 to ride out the coronavirus crisis, it's still going to be difficult for the U.S. economy to stay afloat, said Andrew Levin, a former special advisor to the Federal Reserve Board.
While the situation might have been worse without the Fed's moves, the measures "clearly didn't stabilize the stock markets," said Joseph Stiglitz, a Nobel laureate economist.