A pedestrian walks past the Federal Reserve building on Constitution Avenue in Washington on March 19, 2019. Leah Millis | Reuters The Federal Reserve said Thursday it is expanding the scope of its Main Street lending program, opening it to businesses larger than initially indicated and broadening the types of […]
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Britain confident of EU deal this year: source
FILE PHOTO: An official removes the European Union flag from Britain’s Permanent Representation to the European Union in Brussels, Belgium January 31, 2020. Olivier Hoslet/Pool via Reuters April 30, 2020 LONDON (Reuters) – Britain is confident it can get a deal on its future ties with the European Union: London […]
Lebanon hopes for IMF aid after passing crisis plan
Lebanon’s President Michel Aoun wearing a face mask, heads a council of ministers meeting at the presidential palace in Baabda, Lebanon April 30, 2020. Dalati Nohra/Handout via REUTERS April 30, 2020 BEIRUT (Reuters) – Lebanon hopes to secure IMF aid based on a financial reform plan approved by the government […]
Stocks slide as coronavirus job losses top 30M
FOX Business’ Cheryl Casone breaks down weekly jobless claims. U.S. equity markets slid Thursday as total job losses related to the coronavirus shutdown topped 30 million, despite climbing more slowly in the past week. Continue Reading Below The Dow Jones Industrial Average fell 275 points, or 1.12 percent, in the opening […]
The Highwomen release new video for their song, “Crowded Table”
Country supergroup The Highwomen released a new music video for their song, “Crowded Table.” Group members and country stars Brandi Carlile, Maren Morris and Natalie Hemby spoke to Anthony Mason about what the song, which celebrates togetherness, means to them in this period of isolation. Free America Network Articles
Huge racial disparity in COVID hospitalizations in Georgia, study finds
A CDC study released Wednesday found that over 80% of the COVID-19 patients hospitalized in Georgia last month were black. It’s the latest analysis showing that communities of color are being hit disproportionately hard by the coronavirus. The study comes just days after Georgia Governor Brian Kemp started reopening some of the […]
Philadelphia doctor gives free coronavirus tests in underserved communities
“CBS This Morning’s” multi-part series, “State of Testing,” looks at the state of resources and accessibility to coronavirus testing. In addition, the series will report on how states are responding to testing needs, whether they are developing testing plans, and what testing benchmarks they are looking for as these states […]
Coronavirus-related food stockpiling boosts Kraft Heinz
Costco is requiring all customers to wear face masks to prevent the spread of coronavirus. FOX Business’ Maria Bartiromo with more. LONDON (Reuters) – U.S. food producer Kraft Heinz Co reported higher-than-expected quarterly sales and profit on Thursday, helped by coronavirus-related stockpiling. Continue Reading Below The maker of Heinz ketchup, Kraft […]
Marlboro cigarattes-maker abandons buybacks amid coronavirus
Former Hewlett Packard CEO Carly Fiorina discusses prioritizing small businesses before big companies amid coronavirus. Marlboro cigarettes maker Altria Group Inc. abandoned its earnings forecast for 2020 and beyond, citing “uncertainty” related to the coronavirus pandemic. Continue Reading Below Shares of the company, however, rose about 3% in early trading after […]
US weekly jobless claims hit 3.84 million, topping 30 million over the last 6 weeks
First-time filings for unemployment insurance hit 3.84 million last week as the wave of economic pain continues, though the worst appears to be in the past, according to Labor Department figures Thursday. Economists surveyed by Dow Jones had been looking for 3.5 million. Jobless claims for the week ended April […]