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A electronic billboard displays advice on how to cope with the coronavirus in front of a closed Macy's department store in Santa Ana, Calif., Monday, March 30, 2020. Macy's announced Monday is furloughing most of its 125,000 employees because coronavirus-fueled store closures have caused its sales to all but disappear. (AP Photo/Chris Carlson)
Macy's to be removed from S&P 500; credit rating downgradedIts market value just a fraction of what it was five years ago, Macy's is being removed from the S&P 500 index
The Associated Press1 hour ago
FILE - This combination of April 30, 2018, file photos shows signage for a Sprint store in New York's Herald Square, top, and signage at a T-Mobile store in New York.  Mobile carrier T-Mobile has completed its takeover of smaller rival Sprint, creating a new wireless giant that rivals AT&T and Verizon in size. The deal was announced two years ago and has taken a long time to close because of pushback from state and federal regulators.(AP Photo/Bebeto Matthews, File)
Sprint and T-Mobile merge, creating new wireless giantMobile carrier T-Mobile has completed its takeover of smaller rival Sprint, creating a new wireless giant that rivals AT&T and Verizon in size
The Associated Press1 hour ago
The American flag flutters in the wind as work is done on the roof of a building under construction in Sacramento, Calif., Tuesday, March 31, 2020. While most Californian's have spent more than a week under a mandatory stay-at-home order, because of the coronavirus, construction work is among the jobs exempt as part of the "essential infrastructure." (AP Photo/Rich Pedroncelli)
US construction spending down 1.3% in FebruaryUS construction spending drops 1.3% in February with weakness in all major sectors
The Associated Press2 hours ago
Jolee Masson, a Coker student and costume designer, volunteered to sew new elastic into medical masks at the Tara Grinna Swimwear factory Monday, March 30, 2020 in Conway. The factory has converted their operations from making custom swimsuits to sewing elastic into N95 masks in response to the coronavirus. Tidelands Health has delivered 35,000 of the masks that were held in storage with degraded elastic bands. The swimwear manufacturer's sewers, many of whom are at high risk for the virus, all volunteered to come back to work to complete the project along with help from volunteers within the community. March 30, 2020.  (Jason Lee/The Sun News via AP)
Surveys: Manufacturing contracts last month in US, worldManufacturing contracted in the United States and around the world last month, dragged down by economic fallout from the coronavirus outbreak
The Associated Press2 hours ago
Two cruise ships are anchored offshore past a lifeguard tower, Tuesday, March 31, 2020, in Miami Beach, Fla. (AP Photo/Wilfredo Lee)
Coast Guard: Cruise ships must stay at sea with sick onboardThe U.S. Coast Guard has directed all cruise ships to prepare to treat any sick passengers and crew on board while being sequestered “indefinitely" offshore during the coronavirus pandemic
The Associated Press4 hours ago
FILE - In this Oct. 1, 2019, photo, Gory Rodriguez, of Starbucks, right, interviews a job applicant during a job fair at Dolphin Mall in Miami. On Wednesday, Jan. 8, 2020 payroll processor ADP reports on how many jobs its survey estimates U.S. companies added in December. (AP Photo/Lynne Sladky, File)
U.S. businesses cut 27,000 jobs in March, before virus hitU.S. companies shed 27,000 jobs in March, according to a private survey, a figure that mostly reflected the economy as it stood before the full impact of the viral outbreak
The Associated Press4 hours ago
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