Business > Health & Fitness

Fed rolls out $2.3 trillion plan to stabilize economy

11 minutes ago   |   Boston Herald   |   2 articles

By MARTIN CRUTSINGER WASHINGTON - The Federal Reserve is taking additional steps to provide up to $2.3 trillion in loans to support the economy. The money will target American...
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New UK benefits claims hit 1.2 mln as virus-hit economy suffers

35 minutes ago   |   National Post   |   2 articles

LONDON - Britain's government has now received 1.2 million new claims for welfare payments since March 16, about eight times normal levels, as the coronavirus outbreak hits the...
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Fed pulls out $2T lending bazooka to boost businesses, cities

Fed pulls out $2T lending bazooka to boost businesses, cities

35 minutes ago   |   Politico

The Federal Reserve on Thursday unveiled emergency programs that could dole out more than $2 trillion in loans to businesses of all sizes, as well as to struggling state and...
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Federal Reserve unveils details of $2.3 trillion in programs to help support the economy

39 minutes ago   |   NBC News   |   2 articles

“Our country's highest priority must be to address this public health crisis, providing care for the ill and limiting the further spread of the virus,” Fed Chair Jerome Powell...
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Record 16.8 million have sought US jobless aid since virus

39 minutes ago   |   Boston Herald   |   2 articles

By CHRISTOPHER RUGABER WASHINGTON - With a startling 6.6 million people seeking jobless benefits last week, the United States has reached a grim landmark: More than one in 10...
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The Normal Economy Is Never Coming Back

The Normal Economy Is Never Coming Back

57 minutes ago   |   Foreign Policy

The latest U.S. data prove the world is in its steepest freefall ever-and the old economic and political playbooks don't apply.
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Trump's right about one thing, the World Health Organization deserves some blame for the coronavirus pandemic

Trump's right about one thing, the World Health Organization deserves some blame for the coronavirus pandemic

59 minutes ago   |   Business Insider

Books will one day be books written about President Donald Trump and his administration's litany of coronavirus denialism and incompetence . But they should spare a few...
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IMF chief says pandemic will unleash worst recession since Great Depression

1 hour ago   |   National Post

WASHINGTON - The pandemic sweeping the world will turn global economic growth "sharply negative" in 2020, triggering the worst fallout since the 1930s Great Depression, with...
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New UK benefits claims hit 1.2 mln as virus-hit economy suffers

1 hour ago   |   National Post   |   2 articles

LONDON - Britain's government said on Thursday it had now received 1.2 million new claims for its Universal Credit welfare payments since March 16 as the coronavirus crisis...
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Guidance Issued For When Critical Employees Can Return To Work

2 hours ago   |   NPR

The CDC issued a guide for when critical workers exposed to COVID-19 should return to their jobs. It should make it easier for essential workers, who are not in health care, to...
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6.6 Million More File For Unemployment As Coronavirus Keeps Economy Shut

6.6 Million More File For Unemployment As Coronavirus Keeps Economy Shut

The number of people seeking jobless benefits shot up again last week, as 6.6 million more of the unemployed filed first-time claims. Nearly 17 million have filed in the past... Read more ...

Congress in standoff on virus aid, but first checks coming

Congress in standoff on virus aid, but first checks coming

For the next coronavirus aid package, the White House wants to pump $250 billion into a small business fund but opposes Democrats' proposal to tack on billions for protective... Read more ...

6.6 Million More File For Unemployment As Coronavirus Keeps Economy Shut

6.6 Million More File For Unemployment As Coronavirus Keeps Economy Shut

The number of people seeking jobless benefits shot up again last week, as 6.6 million more of the unemployed filed first-time claims. About 17 million have filed in the past... Read more ...

A USS Theodore Roosevelt sailor with coronavirus was taken to the ICU, as...

A USS Theodore Roosevelt sailor with coronavirus was taken to the ICU, as cases on the aircraft carrier continue to rise

A sailor assigned to the aircraft carrier USS Theodore Roosevelt has been taken to the US Naval Hospital Guam and placed in an intensive care unit. The sailor tested positive... Read more ...

Saudi Arabia plowed $1 billion into Shell and other European oil producers

Saudi Arabia plowed $1 billion into Shell and other European oil producers

Saudi Arabia snapped up about $1 billion worth of stock in four European oil companies, The Wall Street Journal reported on Wednesday . The kingdom took advantage of the... Read more ...

COVID-19: Business loses license, 9 others under investigation in San Benito...

COVID-19: Business loses license, 9 others under investigation in San Benito County

Hollister Mayor Ignacio Velazquez confirmed with Action News that Smokey Pete's Smoke Shop had its business license revoked after illegally operating during the stay-at-home order. Read more ...

A reporter asked Trump if he'd pardon Joe Exotic from 'Tiger King' and Trump...

A reporter asked Trump if he'd pardon Joe Exotic from 'Tiger King' and Trump said he'd look into it

President Donald Trump joked at his Wednesday press briefing that he would "take a look" at pardoning Joe Exotic from Netflix's "Tiger King." The now-famous zookeeper is... Read more ...

SEC Suspends Trading Of Company That Sold 'At-Home' COVID-19 Tests

SEC Suspends Trading Of Company That Sold 'At-Home' COVID-19 Tests

Wellness Matrix Group said the test had been approved but the Food and Drug Administration said it has not authorized any such product. (Image credit: Brendan Hoffman/Bloomberg... Read more ...

Anthony Fauci's vision for battling a second wave of coronavirus in the...

Anthony Fauci's vision for battling a second wave of coronavirus in the fall: Be prepared like we should have been in January

On Wednesday, Dr. Anthony Fauci discussed his playbook for preparing the US for potential future waves of COVID-19 infections , which could come after lockdowns lift or in the... Read more ...

Nearly 60% of the passengers on an Antarctic cruise ship have tested...

Nearly 60% of the passengers on an Antarctic cruise ship have tested positive for the coronavirus

More than half of those on board an Antarctic cruise ship have already tested positive for the coronavirus. The ship is stranded off the coast of Uruguay and not allowed to... Read more ...