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Men wearing masks walk at nearly empty Gran Via Street during the state of emergency by the government against the coronavirus outbreak in Madrid, Spain.

Spain is moving to permanently establish universal basic income in the wake of the coronavirus pandemic

Spain would be the first European country to enact a basic income and provide monthly cash payments to its citizens.

A whopping 35 million Americans could lose their health insurance due to massive layoffs from coronavirus, new study says

The figure highlights the unprecedented ripple effect of the coronavirus across the US economy and health care.
Passengers of the Carnival Sensation, operated by Carnival Cruise Line.

Here’s why the depleted cruise line industry will be one of the biggest losers of the new $500 billion corporate bailout program

The largest cruise lines are incorporated outside the US. That means they won't be able to get a cut of the bailout money under Trump's stimulus law.

The Trump administration is reminding people they can sign up for Obamacare coverage if coronavirus cost them their jobs — even as it fights to ...

The striking suggestion collides with the Trump administration's support of a lawsuit that would eliminate the Affordable Care Act.
A Long Beach Transit worker disinfects a bus in Long Beach, California, April 2.

The Trump administration issued a new rule that blocks guaranteed paid sick leave for 75% of American workers

After the Department of Labor issued guidance on Wednesday, the Families First Act guarantees coverage for 25% of the American workforce.
A Delta Air Lines stewardess sells food on a flight to California in 2014.

Hotels and airlines are just the beginning — here’s how the coronavirus recession could cause job losses across the US economy

The economic fallout from the pandemic threatens to wipe out many jobs in the US. Unemployment claims set record highs two straight weeks in March.
U.S. President Trump leads daily coronavirus response briefing at the White House in Washington.

The government’s official scorekeeper just poured cold water all over the Trump administration’s predictions of a rapid economic recovery ...

The forecast from the Congressional Budget Office is at odds with President Trump's optimistic assessment of economic recovery "like a rocket ship."
FILE PHOTO: President Trump addresses the Trump administration?s daily coronavirus (COVID-19) briefing at the White House in Washington

Treasury Department says in reversal that Americans on Social Security don’t need to file a tax return to get a $1,200 stimulus check

The reversal came after the IRS instructed seniors and Americans with disabilities to file a "simple" tax return to get the check, provoking backlash.

White House economists tried warning the Trump administration a pandemic would kill up to 500,000 Americans and cost the economy $4 trillion

The 2019 study blows a hole in the administration's argument that the coronavirus pandemic's damage to the economy was unexpected.

‘I will be watching carefully’: Elizabeth Warren just put the Treasury Department and Federal Reserve on notice about the $500 billion cor...

A battle is brewing among top Democrats and the Trump administration around oversight of a $500 billion lending program for large corporations.