UK economy contracted by 20.4% in April, the…

A pedestrian walks past closed-down shops on an empty Regent Street in London on April 2, 2020, as life in Britain continues during the nationwide lockdown to combat the coronavirus pandemic.Tolga AkmenThe U.K. posted the…

Stocks making the biggest moves after hours: PVH,…

People walk past the Calvin Klein store at the Woodbury Common Premium Outlets Mall on October 21, 2017 in Central Valley, NY.Gary Hershorn | Getty ImagesCheck out the companies making headlines after the bell.Adobe —…

Quicken Loans, the largest U.S. mortgage lender, is…

Dan Gilbert, CEO, Quicken LoansAnjali Sundaram | CNBCQuicken Loans, the largest mortgage lender in America, is planning an initial public offering, according to people familiar with the matter. The company, founded and owned by Detroit-billionaire Dan…

Stocks suffer their worst day since March, with…

Stocks suffered their biggest one-day pull-back in three months on Thursday as traders grew concerned about the number of  coronavirus cases increasing in some states that are reopening up from lockdowns. Shares that have surged recently…

There’s about $130 billion left in the PPP…

An employee wearing a protective mask prepares cut flowers at a wholesale flower market in San Francisco, California, on Monday, May 18, 2020.David Paul Morris | Bloomberg via Getty ImagesThe economy is uncertain for small…