Business

Nathan Congleton/NBCU Photo Bank/NBCUniversal via Getty Images via Getty Images
May 28, 2020 - 10:17 am
By ABC News (WACO, Texas) -- Chip and Joanna Gaines have set new safety guidelines at Magnolia Market, their popular Central Texas food destination, ahead of its reopening amid the coronavirus pandemic. "We are ready to welcome you back starting June 1. While you've been gone, our team has been...
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May 28, 2020 - 8:36 am
By CATHERINE THORBECKE, ABC News (WASHINGTON) -- Another 2.1 million more Americans filed for unemployment insurance last week, the Labor Department said Thursday. This pushes the total number of U.S. workers who have filed jobless claims to 40 million over the last 10 weeks as the coronavirus...
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May 28, 2020 - 7:42 am
By KATIE KINDELAN, ABC News (NEW YORK) -- During the coronavirus pandemic, more than 38 million Americans have filed for unemployment insurance -- and for the first time in history, the nation's unemployment claims have a largely female, non-white face to them. While the two previous biggest...
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May 28, 2020 - 7:29 am
By CLARA MCMICHAEL, ABC News (NEW YORK) -- On a weekend in mid-March, Marissa Molnar was bartending at Hog Fathers BBQ in Monongahela, Pennsylvania, a small town 40 minutes outside of Pittsburgh. That night, the mood in the bar was dampened by worries of coronavirus creeping into communities across...
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A currency trader talks near the screens showing the Korea Composite Stock Price Index (KOSPI), right, and the foreign exchange rates at the foreign exchange dealing room in Seoul, South Korea, Wednesday, May 27, 2020. Major Asian stock markets have declined as US-Chinese tension over Hong Kong competes with optimism about recovery from the coronavirus pandemic. (AP Photo/Lee Jin-man)
SKY News
May 27, 2020 - 3:44 pm
Stock indexes are broadly higher in afternoon trading on Wall Street Wednesday, as hopes for a coming economic revival turn the market's leaderboard upside down. Banks and retailers were posting strong gains on hopes that life can inch back toward normal as governments relax stay-at-home orders,...
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May 27, 2020 - 12:09 pm
By CATHERINE THORBECKE, ABC News (NEW YORK) -- Twitter's new fact-checking label has been thrust into the spotlight after it was used to mark one of President Donald Trump's tweets as potentially misleading. Here's what to know about how the new labels from the social media giant work to identify...
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May 27, 2020 - 11:35 am
By GENEVIEVE SHAW BROWN, ABC News (NEW YORK) -- Walt Disney World has announced a phased re-open approach for its parks. Magic Kingdom and Animal Kingdom Park are targeting July 11, 2020 as an opening date. Epcot and Hollywood Studios are targeting July 15, 2020. The Orange County Economic Recovery...
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May 27, 2020 - 7:24 am
By MORGAN KORN, ABC News (NEW YORK) -- The Great Recession nearly brought the automotive industry to its knees. A decade later, carmakers are reckoning with a new threat: the novel coronavirus, an unforeseen force that has halted production, disrupted sales and caused financial pain to an industry...
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May 27, 2020 - 7:16 am
By JACQUELINE LAUREAN YATES, ABC News (NEW YORK) -- COVID-19 has disrupted all facets of the economy and the fashion industry is no exception. With over 38 million people currently unemployed, leisure fashion has taken a backseat in favor of necessities. Buying the latest designer shoe or handbag...
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SpaceX/NASA
May 26, 2020 - 2:41 pm
BY: CATHERINE THORBECKE, ABC NEWS (NEW YORK) — In a historic moment for the U.S. space program, NASA and SpaceX are set to launch American astronauts into space on a U.S. spacecraft and from U.S. soil for the first time in nearly a decade. "This is a milestone in the history of the U.S. space...
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