Video game makers and consumer staples have gained ground
The deterioration of sales outpaced the decline that took place during the depths of the Great Recession
Wells Fargo also saw profits plunge in Q1 due to the coronavirus pandemic
A partial recovery in 2021 is possible if the pandemic fades in the year's second half
The surge in claims has overwhelmed state unemployment offices
Economists estimate that 20 million Americans could lose their jobs by month's end
The economic rescue package would expand unemployment benefits, provide a program for small businesses and give direct payments to most Americans
The goal is to ensure states and cities can borrow at low cost
“The public demands fast action,” said the central bank’s new governor
Experts weigh in on whether stimulus packages will be enough