MARCH 16, 2020
President Trump leads a coronavirus news conference in the White House press briefing room on Monday. - Jabin Botsford/WashPost
President Trump for weeks dismissed the danger of the novel coronavirus. He distracted himself by stoking unrelated feuds and nursing grievances. He shared little concrete information about the spreading pandemic, and much of what he did share was false.
Governors...
MARCH 16, 2020
A "Closed" sign is displayed outside of a business in New Rochelle, New York on March 16.
Cash handouts to all American households are gaining support in Congress as the best way to shore up an economy brought to a near-standstill by the coronavirus.
Republican Sen. Mitt Romney gave his backing to the idea on Monday,...
MARCH 16, 2020
A staff of the Italian start-up Isinnova company shows valves produced with a 3D printer for hospitals are seen near the northern Italian city of Brescia, in Chiari Italy March 15, 2020. CRISTIAN FRACASSI/Handout via REUTERS
MILAN - Italian Cristian Fracassi heard about the shortage of valves used in respirators at his local hospital by word of mouth.
The...
MARCH 16, 2020
Unemployment claims - Mike Segar / Reuters
The odds of slipping into a recession are increasingly likely as the global coronavirus outbreak puts acute stress on the U.S. economy. That could be bad news for American workers, who may lose jobs by the millions in a downturn.
For those workers who don't receive severance pay, the financial impact...
MARCH 16, 2020
A Wall Street sign is displayed in front of New York Stock Exchange (NYSE) in New York, U.S., on Friday, March 13, 2020.
The Federal Reserve’s shock interest-rate cut and bond-buying program rippled through global markets on Monday, with S&P 500 Index futures falling by the most allowed and Treasury yields plunging at the start of what...
MARCH 16, 2020
The Siddhivinayak trust has decided to shut down the famed Siddhivinayak temple, which is hugely popular among the Mumbai residents and visitors to the city. This comes in the wake of continued gathering of large crowds at the shrine despite the Maharashtra government asking people to avoid at public places to mitigate the spread of novel coronavirus.
The...
MARCH 15, 2020
BEIJING - Some United States politicians are using coronavirus as a weapon to smear China, the Xinhua official news agency said on Sunday, as a war of words escalated between the two countries over China's handling of the epidemic.
The editorial accused Robert O'Brien, the U.S. national security adviser, and Secretary of State Mike Pompeo of spreading a...
MARCH 15, 2020
James Gregg, Austin American-Statesman Customers at grocery chain HEB in Austin look for products among increasingly empty shelves as the city responds to concerns of the spread of the new coronavirus and COVID-19 on March 13, 2020.
Retailers across the nation are trimming store hours to focus on deep cleanings and to restock store shelves. Some are...
MARCH 13, 2020
Traders work on the floor of the New York Stock Exchange on March 09, 2020.
Spencer Platt | Getty Images
The week has seen a deluge of headlines on emergency monetary and fiscal policy action from central banks and governments around the world.
Another reason for Friday’s market moves could be that some investors believe they’ve bottomed.
Some...
MARCH 13, 2020
President Donald Trump holds a news conference about the ongoing global coronavirus pandemic in the Rose garden at the White House, March 13, 2020 in Washington. - Drew Angerer/Getty Images
President Donald Trump announced Friday he's declaring a national emergency to deal with the coronavirus crisis as cases increase alarmingly and criticism mounts over how he's responding to...
