Director of economic policy studies at AEI, Michael Strain, discusses how much more financial damage the coronavirus pandemic can wreak on our economy and how much longer America can remain at a standstill before the lockdown becomes worse than the virus itself. Get all the latest news on coronavirus and […]
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Dow’s milestone week doesn’t mean coronavirus fallout is over
Oliver Pursche, 1879 Advisers chief market strategist, says the government’s decisive intervention softened the market’s coronavirus reaction. The Dow Jones Industrial Average technically escaped the clutches of its bear market on Thursday, but those hoping for a swift return to record highs following the worst of the COVID-19 pandemic are likely […]
Eiffel Tower says ‘Merci’ to health workers fighting virus
President Trump says phase four of a coronavirus relief package is possible and would be aimed at helping states. PARIS (AP) — Health workers racing to save lives as France contends with one of the world’s worst coronavirus outbreaks have received a huge show of gratitude with the help of […]
Fed sets fee structure for BlackRock mortgage bond purchases
Allianz chief economic adviser Mohamed El-Erian on what the Federal Reserve is doing to combat the negative impact of coronavirus. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below BlackRock Inc. will earn less than $8 million a year in […]
After coronavirus stimulus passes, Delta, United say no pay cuts or furloughs
Capacity and traffic amid airlines has been cut due to the coronavirus. FOX Business’ Susan Li with more. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below The CEOs of United and Delta Air Lines said Thursday that employees are […]
Dollar falls during coronavirus pandemic, biggest weekly drop since 2009
The House has approved the coronavirus spending bill, which will now go the President Trump’s desk for signing. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below The dollar posted its biggest weekly decline in more than a decade on […]
Coronavirus $2 trillion stimulus package good first step for small business — Here’s what needs to happen next
FOX Business’ Edward Lawrence gives a timeline of when Americans will start receiving money now that the House has passed the coronavirus spending bill. On Friday, the House of Representatives passed the CARES Act—a legislative package intended to soften the economic fallout of the coronavirus outbreak. The legislation is particularly […]
Coronavirus makes water shut offs a great danger for millions of Americans
South Dakota Gov. Kristi Noem (R) says she instructed business owners and residents to follow Centers for Disease Control guidelines during coronavirus, calling it a ‘pause’ on life instead of a shelter-in-place. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading […]
Texas gun shops exempt from coronavirus closures, AG says
Dick’s Sporting Goods has decided to remove the hunting departments from its stores. FOX Business’ Ashley Webster with more. Texas cities can’t force gun shops to close by wielding emergency powers that let them curb the operations of other businesses to limit the spread of the COVID-19 pandemic, according to a legal […]
US will be reopened from coronavirus shutdown responsibly: Mike Pence
Vice President Mike Pence discusses the timeline for returning to normal routines in the U.S. The Trump administration wants to open the country back up as quickly as possible, but will make sure it’s safe first. Continue Reading Below “We are going to do it responsibly,” Vice President Mike Pence […]