Business and Financial News : NPR

Angelica Rico says she lost all of her income this week when she was furloughed from her job as a digital marketing specialist. She doesn’t know how she’ll be able to pay rent on her apartment in Southern California.

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Nonperishable goods, paper products and soap have been flying off shelves at American stores. Snacks and produce are selling more, too. Sunscreen? Not so much.

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Forecasters say the government’s aggressive efforts to slow the spread of the coronavirus will trigger the sharpest slowdown in the U.S. economy on record.

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Pump jacks draw crude oil from the Long Beach Oil Field near homes in Signal Hill, Calif., on March 9. The world’s crude oil supply is rising even as demand is cratering.

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U.S. Treasury Secretary Steven Mnuchin speaks to the press outside of the West Wing of the White House on Friday.

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Friday will be the last day of floor trading before the New York Stock Exchange switches to all-electronic trading starting Monday.

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Walmart has struggled to keep its shelves stocked and online orders in the mail as U.S. shoppers have rushed to buy health supplies and food to prepare for the coronavirus pandemic.

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Tesla’s factory in Fremont, Calif., will be shutting down temporarily starting March 23.

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Many supermarkets are setting special designated hours when only seniors and others most vulnerable to the coronavirus are invited to shop.

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Norwegian Jewel passengers — and their family members back home — are still struggling to get answers about when they’ll be back on solid land again.

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Vehicles go through the assembly line at a General Motors assembly plant in Lansing, Mich., on Feb. 21. GM is assessing the feasibility of converting its plants to make medical equipment.

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As people make efforts to stay apart from each other physically, video games are filling the socializing gap.

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The coronavirus pandemic is continuing to roil financial markets as businesses shut down with their customers and employees forced to stay home.

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The coronavirus pandemic has closed businesses around the country as the government asks people to stay home.

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