Another 4.4 million Americans file jobless claims

Wells Fargo chairwoman quits after Maxine Waters called for her resignation

By Matt Egan, CNN Business

Updated 1:05 PM ET, Mon March 9, 2020

These companies are trying to win back your trust
These companies are trying to win back your trust

Dr. Oz, Dr. Drew and Dr. Phil made these claims on Fox News. Now they’re backtracking

People line up outside the Utah Department of workforce Services Monday, April 13, 2020, in Salt Lake City. Congress, the Trump administration and the Federal Reserve have mounted the largest financial intervention in history a full-scale drive that includes mandating sick leave for some, distributing $1,200 checks to individuals, allocating rescue aid to employers and expanding unemployment benefits to try to help America survive the crisis. Yet those measures are only temporary. And for millions of newly unemployed, they may not be enough. (AP Photo/Rick Bowmer)

They need unemployment benefits ‘yesterday’ but can’t get them

The sun sets behind an idle pump jack near Karnes City, Texas, Wednesday, April 8, 2020. Demand for oil continues to fall due to the new coronavirus outbreak. (AP Photo/Eric Gay)

Global oil crisis: Bottom of the barrel is still unclear

These small business owners are doing whatever it takes to stay afloat

MENLO PARK, CA - NOVEMBER 14: Instacart shopper Vanessa Bain shops for a customer at the Safeway in Menlo Park, California. Bain began a campaign that would lead to a Facebook group of 14,000 Instacart shoppers, about 10 percent of the nationwide total when the company started using default design tricks to decrease the amount shoppers can earn in tips. (Photo by Nick Otto for the Washington Post)

These delivery workers are risking their health for their paychecks

ROCKTON, ILLINOIS  - MARCH 24: A normally busy Main Street is deserted as the small businesses that line the business district remain closed after the governor instituted a shelter-in-place order in an attempt to curtail the spread of the coronavirus (COVID-19) on March 24, 2020 in Rockton, Illinois. Rockton is a town of about 7,500 people along the banks of the Rock river in Northern Illinois.  (Photo by Scott Olson/Getty Images)

Your questions about the new small business loans, answered

OAKLAND, CA - DECEMBER 04:  Rows of new homes line a street in a housing development on December 4, 2013 in Oakland, California. According to a Commerce Department report, sales of single family homes in the U.S. surged 25.4 percent in October, the larget gain in over 33 years. (Photo by Justin Sullivan/Getty Images)

Can’t pay your mortgage? Here are your options

UPS driver: It’s essential that I’m out here

These companies are trying to win back your trust

kyung lah women businesses

Women account for 60% of job losses over 2 months

Maatje Benassi poses for a portrait on Wednesday, April 22. A mother of two and US Army reservist, Benassi has become the target of conspiracy theorists who falsely claim she was coronavirus patient zero.

First conspiracy theorists said she started the pandemic. Now she’s afraid for her life

This pandemic could make video chatting with your doctor the new normal

exp GPS 0426 Gates on covid-19 in the developing world_00010410.jpg

Bill Gates gives best-case scenario for US economy

As states reopen, small business owners weigh the risk

Working from home could shake up parenting dynamics

NEW YORK CITY - APRIL 17: A closed sign is displayed in the window of a business in a nearly deserted lower Manhattan on April 17, 2020 in New York City, United States. New York City has been the hardest hit city in America from COVIT-19, with overwhelmed hospitals and a struggling economy.

Another 4.4 million Americans file jobless claims

Dr. Oz, Dr. Drew and Dr. Phil made these claims on Fox News. Now they’re backtracking

People line up outside the Utah Department of workforce Services Monday, April 13, 2020, in Salt Lake City. Congress, the Trump administration and the Federal Reserve have mounted the largest financial intervention in history a full-scale drive that includes mandating sick leave for some, distributing $1,200 checks to individuals, allocating rescue aid to employers and expanding unemployment benefits to try to help America survive the crisis. Yet those measures are only temporary. And for millions of newly unemployed, they may not be enough. (AP Photo/Rick Bowmer)

They need unemployment benefits ‘yesterday’ but can’t get them

The sun sets behind an idle pump jack near Karnes City, Texas, Wednesday, April 8, 2020. Demand for oil continues to fall due to the new coronavirus outbreak. (AP Photo/Eric Gay)

Global oil crisis: Bottom of the barrel is still unclear

These small business owners are doing whatever it takes to stay afloat

MENLO PARK, CA - NOVEMBER 14: Instacart shopper Vanessa Bain shops for a customer at the Safeway in Menlo Park, California. Bain began a campaign that would lead to a Facebook group of 14,000 Instacart shoppers, about 10 percent of the nationwide total when the company started using default design tricks to decrease the amount shoppers can earn in tips. (Photo by Nick Otto for the Washington Post)

These delivery workers are risking their health for their paychecks

ROCKTON, ILLINOIS  - MARCH 24: A normally busy Main Street is deserted as the small businesses that line the business district remain closed after the governor instituted a shelter-in-place order in an attempt to curtail the spread of the coronavirus (COVID-19) on March 24, 2020 in Rockton, Illinois. Rockton is a town of about 7,500 people along the banks of the Rock river in Northern Illinois.  (Photo by Scott Olson/Getty Images)

Your questions about the new small business loans, answered

OAKLAND, CA - DECEMBER 04:  Rows of new homes line a street in a housing development on December 4, 2013 in Oakland, California. According to a Commerce Department report, sales of single family homes in the U.S. surged 25.4 percent in October, the larget gain in over 33 years. (Photo by Justin Sullivan/Getty Images)

Can’t pay your mortgage? Here are your options

UPS driver: It’s essential that I’m out here

These companies are trying to win back your trust

kyung lah women businesses

Women account for 60% of job losses over 2 months

Maatje Benassi poses for a portrait on Wednesday, April 22. A mother of two and US Army reservist, Benassi has become the target of conspiracy theorists who falsely claim she was coronavirus patient zero.

First conspiracy theorists said she started the pandemic. Now she’s afraid for her life

This pandemic could make video chatting with your doctor the new normal

exp GPS 0426 Gates on covid-19 in the developing world_00010410.jpg

Bill Gates gives best-case scenario for US economy

As states reopen, small business owners weigh the risk

Working from home could shake up parenting dynamics

NEW YORK CITY - APRIL 17: A closed sign is displayed in the window of a business in a nearly deserted lower Manhattan on April 17, 2020 in New York City, United States. New York City has been the hardest hit city in America from COVIT-19, with overwhelmed hospitals and a struggling economy.

Another 4.4 million Americans file jobless claims

New York (CNN Business)Wells Fargo Chair Betsy Duke resigned abruptly Sunday, just days after Representative Maxine Waters called for her ouster.The sudden departure of Duke, a former Federal Reserve official, marks the latest turmoil in the C-suite of one of America’s largest and most troubled banks. Wells Fargo (WFCPRL) is on its third CEO and second chair since a fake-accounts scandal erupted in September 2016.Duke had served as chair of Wells Fargo’s board since January 2018 where she presided over the company’s attempts to move beyond its legal troubles. Before that, Duke was the bank’s vice chair from October 2016 through the end of 2017.Wells Fargo also announced the resignation of James Quigley, a member of the bank’s audit and risk committees and a director since 2013.

The moves come after the Water


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