NAHB CEO Jerry Howard discusses the pause being put on residential construction sites and home building being excluded from coronavirus stimulus programs. U.S. home-building activity collapsed in March as the coronavirus spread, with housing starts tumbling 22.3% from a month ago. Continue Reading Below The Commerce Department said Thursday that […]
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Starbucks eyes store reopenings as coronavirus fight shows progress
FOX Business’ Dagen McDowell and Senior Fellow at The National Taxpayers Union Mattie Duppler discuss the many companies who are donating to health care workers and first responders during the coronavirus crisis. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading […]
Jobless claims total 5.245 million as 22 million positions have been lost in a month due to coronavirus
Protection measures against the coronavirus continued to tear through the employment ranks, with 5.245 million more Americans filing first-time claims for unemployment insurance last week, the Labor Department reported Thursday. The new filings bring the crisis total to just over 22 million, nearly wiping out all the job gains since […]
Coronavirus live updates: Trump to unveil reopening guidelines, China races toward a vaccine
This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks. Global cases: More than 2,076,000 Global deaths: At least 138,008 US cases: More than 639,600 US deaths: […]
More than 100 tornadoes hit from Texas to Maryland: NWS
The National Weather Service says more than 100 tornadoes struck the South in a two-day outbreak that killed more than 30 people By The Associated Press April 16, 2020, 12:40 PM 1 min read 1 min read Share to Facebook Share to Twitter Email this article BIRMINGHAM, Ala. — More […]
Hertz seeking coronavirus bailout, bracing for budget shortfalls
Thornburg Investment president and CEO Jason Brady explains how the coronavirus relief bill will impact the economy and how important it is to get unemployed people back to work. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below Hertz is […]
Dow futures jump 100 points even after another dismal jobless claims report
The Philadelphia Federal Reserve’s business conditions index hit its lowest level since July 1980 as activity in the region slumped this month. U.S. housing starts plunged 22.3% in March. Thursday’s moves followed a slump during regular trading on Wednesday as gloomy economic data and anemic bank earnings fueled concerns over […]
NYC study tests over 200 pregnant women for coronavirus
Two New York City hospitals tested more than 200 pregnant women for coronavirus when they were admitted for delivery, whether they showed symptoms or not. The results, published this week in the New England Journal of Medicine, revealed that more than 80% of the women testing positive showed no symptoms. […]
China denies coronavirus came from Wuhan lab
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below (AP) — China is denying allegations that the coronavirus pandemic may have originated in a laboratory near the […]
Abbott Labs posts 16% profit drop amid coronavairus, suspends forecast
President Trump and Vice President Mike Pence explain how many coronavirus tests are available. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below Abbott Laboratories reported a 16 percent drop in first-quarter profit as the COVID-19 pandemic weighed on some business […]