Avie Schneider

The staggering number of people claiming jobless benefits set a new record for the second week in a row. Much of the country has been ordered to stay at home, bringing the economy to a lurching halt.

The stock market has never seen a month like March, with downs and ups of thousands of points in a day. The Dow has recovered from recent lows, but it has fallen 24% since its record high.

Citing the pandemic's "heavy toll" on its business, Macy's says it's furloughing the majority of its employees. Its stores have been closed since March 18 and there's no sign when they will reopen.

Orange juice is suddenly hot. Frozen concentrate futures have soared 25% in the past month as people looking to boost their vitamin C intake are lifting OJ sales.

A record number of Americans filed for unemployment benefits for the first time last week as the coronavirus hammered the economy. It's nearly five times the levels seen during the Great Recession.

U.S. stock indexes surged as negotiations continued over a massive stimulus package to help the crippled economy deal with the growing effects of the coronavirus pandemic.

The Dow Jones Industrial Average and other U.S. stock indexes fell again Monday as central bankers and lawmakers struggled to deal with the coronavirus pandemic's economic damage.

The Dow fell more than 900 points, leaving the index 2.8% lower than when President Trump took office. The drop culminated a staggering week of losses as the coronavirus impact took an economic toll.

U.S. stock indexes finished the day up as investors tried to absorb the latest financial impacts of the coronavirus. The Dow rebounded, rising nearly 200 points a day after its steep plunge.

New claims for jobless benefits climbed 70,000 to 281,000 last week as the coronavirus pandemic shuttered businesses and left people out of work. It was the highest level since September 2017.

"We will proceed in that manner until we can re-open our trading floors to our members," NYSE President Stacey Cunningham said in a statement.

The Dow plummeted more than 1,300 points after President Trump announced new emergency steps. The New York Stock Exchange said that to protect its employees, it will close its trading floor Monday.