Carnival announces layoffs, furloughs as coronavirus keeps cruises on pause

Carnival Cruise Corp. announced a combination of layoffs, furloughs, reduced work weeks and salary reductions across the company, including senior management, as the world's largest cruise company deals with the fallout from the coronavirus pandemic.

Census survey: Most small businesses negatively impacted by COVID-19 pandemic

The new Small Business Pulse Survey from the U.S. Census Bureau highlighted the impact COVID-19 is having on small U.S. stores, retailers and businesses.

3 million more US layoffs intensify fears of lasting damage

Roughly 36 million people have now sought jobless aid in just the two months since the coronavirus first forced businesses to close down and shrink their workforces, the government said Thursday.

Florida consumers paying more for groceries

The Bureau of Labor Statistics says everyone is paying more for groceries these days. It's not just meat, people are paying more for lots of household staples.

UN forecasts pandemic to shrink world economy by 3.2 percent

The United Nations forecast Wednesday that the COVID-19 pandemic will shrink the world economy by 3.2% this year, the sharpest contraction since the Great Depression in the 1930s.

Powell warns of a possible sustained recession from pandemic

Additional rescue aid from government spending or tax policies, though costly, would be “worth it if it helps avoid long-term economic damage and leaves us with a stronger recovery,” Federal Reserve Chair Jerome Powell said.

'The American people are worth it': Pelosi defends $3T virus aid package

House Speaker Nancy Pelosi defended the stunning $3 trillion price tag on Democrats' pandemic relief package as what is needed to confront the “villainous virus” and economic collapse.

Disney Cruise Line cancels all sailings through late July

Disney Cruise Line said that guests currently booked on affected sailings will be offered the choice of a full refund or a cruise credit to be used for a future sailing within 15 months of their original sail date

Universal CityWalk to reopen on Thursday with limited hours, masks requirements, and temperature checks

Universal CityWalk is partially reopening on Thursday, beginning at 4 p.m., Universal Orlando announced Tuesday. Visitors and employees will be required to wear face coverings and undergo temperature checks.

Florida’s two largest and hardest-hit counties prepare to enter phase one of reopening

Miami-Dade and Broward counties are finishing preparations that would allow retailers, restaurants and personal care businesses such as barber shops and salons to reopen on Monday, about two months after they closed.

Price gouging numbers in Florida continue to climb

The state’s price-gouging hotline has been contacted about 4,400 times, and more than $497,000 has been returned to consumers since a state of emergency was declared in March because of the coronavirus.

Nasdaq leads charge as more states ease lockdowns

U.S. equity markets gained Monday despite concerns U.S. states are reopening too quickly after an uptick in COVID-19 cases in Asia.

Pelosi reportedly drafting $750B bill to aid state, local governments

close Secretary Mnuchin on lost jobs, toll coronavirus pandemic is taking on US economy House Speaker Nancy Pelosi is reportedly drafting legislation that would assist states and local governments that have seen their economy contract amid the coronavirus pandemic, but any new bill is expected to face resistance from Republicans who’ve said they have been largely left out of negotiations.

Hours-long wait times build up at Central Florida barbers, hairdressers on first day of reopening

The businesses that reopen must practice appropriate social distancing and precautionary measures that are outlined by the Florida Department of Business and Professional Regulation.