Coronavirus economic updates: Retail sales plunge by record 8.7%

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Coronavirus economic updates: Retail sales plunge by record 8.7%
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The coronavirus pandemic has quickly evolved from a health care crisis to a financial one, shuttering businesses, upending industries and sending financial markets reeling. A handful of Americans reported receiving their stimulus checks from the Treasury Department on Wednesday, the same day that the

The coronavirus pandemic has quickly evolved from a health care crisis to a financial one, shuttering businesses, upending industries and sending financial markets reeling.

The Get My Payment website allows Americans to enter information and track the status of their payments. Honda to furlough majority of US salaried employees, support staffHonda announced Wednesday it's extending production suspensions for all car, engine and transmission plants in the U.S. through May 1 as the coronavirus pandemic"prevents consumers in a number of markets from purchasing new vehicles."

Retail sales plummet a record 8.7% in MarchRetail sales plunged a record 8.7% in March compared to the previous month, according to data released Wednesday from the Commerce Department.

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