The Market

To conserve cash, some employers are suspending contributions to their workers’ 401(k) accounts. And if this downturn plays out like previous recessions, more will follow. The handful of employers announcing suspensions in recent weeks include travel companies and retailers hit first and hardest by shrinking consumer demand, including Amtrak, Marriott …

Pro-democracy district council member Lui Man-kwong holds a sign on Sunday as he protests a decision to have mainland inspectors carry out COVID-19 testing in Hong Kong. Isaac Lawrence/Agence France-Presse/Getty Images There’s growing interest among Hong Kong residents in leaving for Britain, at least if job searches are any indication. …

President Donald Trump answers question during a press conference at the White House on Wednesday. AFP/Getty Images President Donald Trump said Wednesday he would support additional aid for airlines to keep workers on payroll. The president was asked about a plan from more than a dozen Republican senators to provide …

This has been an adventurous year for stocks, with almost a full rebound for the S&P 500 Index from the pandemic lows of late March. But the rally has not been as broad as you might think. Below is a list of 20 stocks that are still down at least …

Dear Moneyist, I feel I was unfairly denied the stimulus payment. In 2019, I made a total of $ 51,331. My filing status was “single, no children.” I was denied the stimulus payment on 4/10/20 because the IRS based my income on my 2018 taxes. I was permanently laid off …

Treasury Secretary Steven Mnuchin speaks to the media as White House chief of staff Mark Meadows listens Tuesday at the U.S. Capitol. Getty Images After more than a week of almost daily face-to-face meetings, Trump administration officials and congressional Democratic leaders have agreed to try to reach a coronavirus-aid bill …

The U.S. case tally for the coronavirus illness COVID-19 rose by fewer than 50,000 on Monday for a second straight day, data aggregated by Johns Hopkins University showed, although cases were rising in some states that had seemed to get the spread under control earlier this year. The U.S. added …

BP logos are seen at a BP petrol and diesel filling station southeast of London on June 15, 2020, following the announcement that the oil giant will take a hit of up to $ 17.5 billion (11.4 billion euros and 15.3 billion euros), due to the ongoing COVID-19 global pandemic. …

Amazon.com Inc. has become the go-to shopping site for many consumers during the COVID-19, including an increasing number of older customers, according to SunTrust Robinson Humphrey analysts. Amazon AMZN, -1.66% reported earnings late Thursday that nearly doubled year-over-year to $ 10.30 per share, with sales up 40% to $ 88.9 …