As the coronavirus, or COVID-19, wreaks havoc on the U.S. economy, more than 66 million jobs across sales, production, and food preparation services are at “high risk” of layoffs, according to a St. Louis Federal Reserve economist. Using 2018 occupational data from the Bureau of Labor Statistics (BLS) detailing 808 occupations, the St. Louis Fed’s […]
Mary Daly, president of the Federal Reserve Bank of San Francisco, spoke with Yahoo Finance by phone on March 31 to share her thoughts on the central bank’s unprecedented approach to helping the U.S. economy weather the coronavirus-related disruption. Below is a...
The coronavirus is taking its toll on state and local governments across the country, as funding strains force municipalities into balancing layoffs against providing essential services to Americans that were laid off themselves. Investors fleeing from the municipal...
Friday, March 27, 2020 Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Powell speaks to Main St. during a time when they’d normally be getting ready for work Federal Reserve Chair Jerome Powell spoke to America on...
St. Louis Fed President James Bullard warned Wednesday that the impact of the novel coronavirus on the U.S. economy would be of historic proportion, but said the Federal Reserve still has some tricks up its sleeve. “The numbers for the second quarter will be...
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![San Francisco Fed President Mary Daly speaks with Yahoo Finance [Transcript]](https://s.yimg.com/uu/api/res/1.2/EKhrhLHsYPtg21xLY3dylA--~B/aD0yMDk3O3c9MzI4NTtzbT0xO2FwcGlkPXl0YWNoeW9u/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-images/2019-11/6fb6d5a0-ff5f-11e9-9deb-f8bbaed06ac9)
