Paul Davidson
USA TODAY
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Recent articles by Paul:
What happens if you can't pay rent on April 1 because coronavirus forced you out of work?
Congress and many states and localities are protecting tenants, and landlords, who can't pay their rent or mortgages because of the coronvirus. → Read More
Unemployment claims for last week could shatter record amid millions of new layoffs
Several million more jobless claims were likely filed last week as layoffs mount because of the economic damage caused by the coronavirus. → Read More
A record 6.6M Americans file for unemployment benefits as coronavirus wreaks havoc on economy
The number of Americans filing jobless claims rose to 6.6 M last week. Some economists expect tens of millions of layoffs the next couple of months. → Read More
Which states will be hit hardest by coronavirus-related job losses? See the list.
States reliant on tourism and manufacturing could be hit hardest by coronavirus-related job losses while five rural states could be most insulated. → Read More
What happens if coronavirus forced you out of work and you can't pay rent on April 1? Here are a few answers.
April 1 brings another anxiety to the coronavirus pandemic: paying rent. What happens if you're out of work and can't pay rent? → Read More
As coronavirus spread, economy lost 701,000 jobs in March, breaking 10-year string of gains
Employers cut 701,000 jobs in March as the coronavirus pandemic began to take a toll on the economy, breaking 10-year string of gains. Millions of layoffs are expected. → Read More
Unemployment could top 32% as 47M workers are laid off amid coronavirus: St. Louis Fed
Unemployment could top 32% as 47 million Americans lose their jobs, according to a St. Louis Fed estimate. → Read More
Initial jobless claims surged to record 3.3M last week as coronavirus takes heavy toll on economy
The number of Americans applying for jobless benefits for the first time surged to record 3.3M last week → Read More
'Quite ominous': Unemployment claims for last week could reach several million due to COVID-19 layoffs
A report on first-time claims for jobless benefits could show several million Americans were laid off last week -- the highest weekly total on record. → Read More
What we know: How the $2T coronavirus stimulus will affect you and the economy
Here's how the stimulus passed by Congress affects you and the economy. The bill provides lifelines to working Americans, the unemployed, contractors. → Read More
Former UN ambassador Nikki Haley resigns from Boeing board over company's bailout request
Nikki Haley, formerly the governor of South Carolina and US ambassador to the UN, has resigned from Boeing's board over the company's bailout request → Read More
Unemployment claims, a gauge of layoffs, may hit record 2.5M this week: Goldman Sachs
Initial claims for unemployment benefits may total record 2.5 million this week as coronavirus outbreak spreads, according to a Goldman Sachs estimate → Read More
A recession has probably begun. How bad will a coronavirus-triggered downturn be?
The coronavirus almost certainly has already triggered a recession. How bad will it be? And how long will it last? → Read More
Fed cuts rate to zero, launches more bond purchases in historic moves to fight coronavirus
The Fed cut short-term rates to zero, renewed bond purchases to lower long-term rates and encouraged bank loans to combat the coronavirus's impact. → Read More
Economists applaud coronavirus relief package passed by House but say more is needed
Economists say the coronavirus relief bill passed by the House will help the most vulnerable but more is needed to keep the US out of recession → Read More
As coronavirus spreads, businesses announce nearly 900 layoffs and the total could rise sharply
Firms have announced nearly 900 layoffs due to the coronavirus. The total could rise rapidly, says outplacement firm Challenger, Gray and Christmas → Read More
The coronavirus economy: As Americans shy away from malls and movie theaters, the damage to livelihoods grows
The economic damage caused by the coronavirus is growing as Americans change their behavior → Read More
Economy, stocks look shakier after Trump announces European travel ban, NBA suspends season
Dow futures tumbled 1,000 points late Wednesday after President Trump announced a 30-day travel ban from Europe to limit the spread of COVID-19. → Read More
It may feel like 2008 all over again, but here's how the coronavirus crisis is different
The coronavirus outbreak is rattling markets and hurting the economy. But here's how it's different from the 2008 financial crisis. → Read More
The odds of recession are rising but market sell-off doesn't mean it's inevitable
The odds of a recession are rising but the market's plunge doesn't mean it's inevitable → Read More