Teen spending takes a dive as coronavirus fuels economic fears

Teen spending takes a dive as coronavirus fuels economic fears

Shoppers look over merchandise at an American Eagle Outfitters Inc. store in San Francisco, California. David Paul Morris | Bloomberg | Getty Images Today’s teens are worried about the economy and the coronavirus pandemic, just like many of the rest of us....
Expect gradual, ‘U’ shape economic rebound from coronavirus

Expect gradual, ‘U’ shape economic rebound from coronavirus

CNBC’s Jim Cramer on Tuesday suggested investors take advantage of the recent market upside to sell some stock and build up some cash for the next dip. “Without a V-shaped recovery, you have to be skeptical of these big moves higher,” the “Mad...
Pence says economic fundamentals strong despite outbreak impact

Pence says economic fundamentals strong despite outbreak impact

Vice President Mike Pence said on Friday that the fundamentals of the U.S. economy remain robust despite the coronavirus pandemic that has tanked markets and led to unprecedented layoffs of millions of Americans.  “While the stock market has ebbed and flowed,...