Avie Schneider

More than 1 in 4 U.S. workers have lost their jobs since coronavirus shutdowns began. Last week, an additional 2.1 million people filed for unemployment benefits.

President Trump's vow to "strongly regulate" such platforms comes a day after Twitter added a fact-check label to a pair of his tweets and renews his argument that those sites silence conservatives.

Nearly 3 million people filed for unemployment benefits last week, the Labor Department says. It's the latest grim sign of the economic damage from the coronavirus crisis.

The record job losses are a preview of the Labor Department's employment report for April coming Friday. ADP's new numbers are not surprising, given the more than 30 million jobless claims filed.

The economy contracted in the first quarter of 2020 as the coronavirus began to take its toll and spending dived. It's the first quarterly drop in six years and a likely precursor to a deep recession.

The number of people forced out of work during the coronavirus lockdown keeps soaring. Last week, 4.4 million people filed for jobless benefits, boosting the total since last month to 26 million.

The Dow fell 631 points a day after oil prices turned negative for the first time ever. The drops are the latest market reactions to the global economic downturn caused by the pandemic.

The number of people filing for unemployment climbed by another 5.2 million, as the toll of the nation's economic dive continues to mount. In the past four weeks, 22 million have filed claims.

The number of people seeking jobless benefits shot up again last week, as 6.6 million more of the unemployed filed first-time claims. Much of the economy has shut down, leaving millions out of work.

Henry Paulson, who served during the 2008 financial crisis, says sending money rapidly to people and businesses will be the key to limiting damage to the economy.