Evolving aid package offers billions for hospitals, testing
The Trump administration and Congress are nearing an agreement as early as Sunday on an aid package of up to $450 billion to boost a small-business loan program that has run out of money and add funds for hospitals and COVID-19 testing.
The Trump administration and Congress are nearing an agreement as early as Sunday on an aid package of up to $450 billion to boost a small-business loan program that has run out of money and add funds for hospitals and COVID-19 testing.
Pandemic costing youth sports millions, creating uncertainty
Youth sports is a $25 billion U.S. industry that is essentially shut down due to the coronavirus pandemic, with seemingly endless ripple effects.
Youth sports is a $25 billion U.S. industry that is essentially shut down due to the coronavirus pandemic, with seemingly endless ripple effects.
Experts worry politics will guide voters' virus precautions
Laura Herd says she sleeps better because her state's governor, Michigan Democrat Gretchen Whitmer, imposed one of the nation's strictest stay-at-home orders to combat the coronavirus pandemic. President Donald Trump's actions are another story.
Laura Herd says she sleeps better because her state's governor, Michigan Democrat Gretchen Whitmer, imposed one of the nation's strictest stay-at-home orders to combat the coronavirus pandemic. President Donald Trump's actions are another story.
As $2 trillion in virus aid starts to flow, oversight lags
There are only two people presently overseeing how coronavirus funds from the $2 trillion package are spent..
There are only two people presently overseeing how coronavirus funds from the $2 trillion package are spent..
Trump gives governors 3-phase plan to reopen economy
President Donald Trump gave governors a road map Thursday for recovering from the economic pain of the coronavirus pandemic, laying out “a phased and deliberate approach” to restoring normal activity in places that have strong testing and are seeing a decrease in COVID-19 cases.
President Donald Trump gave governors a road map Thursday for recovering from the economic pain of the coronavirus pandemic, laying out “a phased and deliberate approach” to restoring normal activity in places that have strong testing and are seeing a decrease in COVID-19 cases.
New pressure on lawmakers as virus aid for firms hits limit
Lawmakers struggled Thursday to break a stalemate over President Donald Trump’s $250 billion emergency request for a small-business program, stoking uncertainty about when additional support will be available in a key rescue program now exhausted of funds.
Lawmakers struggled Thursday to break a stalemate over President Donald Trump’s $250 billion emergency request for a small-business program, stoking uncertainty about when additional support will be available in a key rescue program now exhausted of funds.
Starbucks preparing to reopen stores
Starbucks is exploring plans to reopen its stores in the U.S. after weeks of limited service due to the coronavirus pandemic.
Starbucks is exploring plans to reopen its stores in the U.S. after weeks of limited service due to the coronavirus pandemic.
Layoffs and pay cuts are now striking more white collar jobs
The record-setting flood of layoffs unleashed by the viral outbreak is extending beyond the services industries that bore the initial brunt and are still suffering most. White collar employees, ranging from software programmers and legal assistants to sales associates and some health care workers, are absorbing layoffs or salary cuts.
The record-setting flood of layoffs unleashed by the viral outbreak is extending beyond the services industries that bore the initial brunt and are still suffering most. White collar employees, ranging from software programmers and legal assistants to sales associates and some health care workers, are absorbing layoffs or salary cuts.
Small business loan program runs out of money, no longer accepting applications
A popular small business relief program ran out of funds on Thursday morning, as billions of dollars in additional coronavirus aid remain stuck in congressional limbo.
A popular small business relief program ran out of funds on Thursday morning, as billions of dollars in additional coronavirus aid remain stuck in congressional limbo.
5.2 million more seek jobless aid as number of laid-off people keeps mounting
The number of Americans seeking unemployment benefits jumped by 5.25 million last week, as massive job losses caused by the coronavirus pandemic continued to mount.
The number of Americans seeking unemployment benefits jumped by 5.25 million last week, as massive job losses caused by the coronavirus pandemic continued to mount.
Powerful GOP allies propel Trump effort to reopen economy
Leading Republicans say the coronavirus shutdown cannot go on. Car-honking activists swarmed a statehouse Wednesday to protest stay-home restrictions. Capitol Hill staff are quietly drafting bills to undo the just-passed rescue aid and push Americans back to work.
Leading Republicans say the coronavirus shutdown cannot go on. Car-honking activists swarmed a statehouse Wednesday to protest stay-home restrictions. Capitol Hill staff are quietly drafting bills to undo the just-passed rescue aid and push Americans back to work.
Mnuchin, Schumer rev up talks as small business aid runs dry
With a key coronavirus rescue fund nearly exhausted, negotiations are accelerating in Washington over President Donald Trump’s $250 billion emergency request to help smaller employers across the country keep workers on their payroll.
With a key coronavirus rescue fund nearly exhausted, negotiations are accelerating in Washington over President Donald Trump’s $250 billion emergency request to help smaller employers across the country keep workers on their payroll.
US relief checks begin arriving as economic damage piles up
Government relief checks began arriving in Americans’ bank accounts as the economic damage to the U.S. from the coronavirus piled up Wednesday and sluggish sales at reopened stores in Europe and China made it clear that business won’t necessarily bounce right back when the crisis eases.
Government relief checks began arriving in Americans’ bank accounts as the economic damage to the U.S. from the coronavirus piled up Wednesday and sluggish sales at reopened stores in Europe and China made it clear that business won’t necessarily bounce right back when the crisis eases.
Great Depression-sized slowdown seen
Beaten down by the coronavirus outbreak, the world economy in 2020 will suffer its worst year since the Great Depression of the 1930s, the International Monetary Fund says in its latest forecast.
Beaten down by the coronavirus outbreak, the world economy in 2020 will suffer its worst year since the Great Depression of the 1930s, the International Monetary Fund says in its latest forecast.