Economy & Business

Why it matters: After a record economic expansion, the coronavirus pandemic sent the U.S. economy into a recession as unemployment soared to staggering heights. The country now faces urgent questions about how much stimulus is needed for reeling consumers and businesses, and what a recovery might look like.

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    Axios
    Updated 4 hours ago - Politics & Policy

    COVID-19 dashboard

    Illustration of a coronavirus cell falling into a time warp.
    Illustration: Sarah Grillo/Axios

    iPhone maker Foxconn enters U.S. electric vehicle manufacturing industry

    Mechanic lying underneath smartphone, doing repairs.
    Illustration: Megan Robinson/Axios
    Dan Primack
    13 hours ago - Technology

    Twitter unveils "crisis misinformation policy" to slow down viral tweets

    Illustration: Rebecca Zisser/Axios

    McDonald's discloses buyer in Russia as it exits country

    McDonald's store in Moscow.
    Photo by Sefa Karacan/Anadolu Agency via Getty Images

    U.S. antitrust regulators eye private equity

    Illustration of a blueprint of a gavel surrounded by formulas.
    Illustration: Aïda Amer/Axios

    Kohl's says takeover offers are due soon

    Illustration of a retail building covered in sale stickers
    Illustration: Annelise Capossela/Axios

    New jobless claims start to climb again

    Now hiring sign
    Now hiring signs are displayed in front of restaurants in Rehoboth Beach, Delaware, on March 19. Photo: Stefani Reynolds / AFP via Getty Images
    Hope King
    18 hours ago - Economy & Business

    Company behind $6 strawberry cuts prices after opening indoor farm

    Illustration of a golden strawberry.
    Illustration: Allie Carl/Axios

    What stagflation means and what Biden could do about it

    Illustration of a dollar sign covered in cracks with pieces of tape over the cracks.
    Illustration: Megan Robinson/Axios
    Sara Fischer
    19 hours ago - Technology

    Scoop: Campbell Brown to oversee new media partnerships team at Meta

    Photo courtesy Meta