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3661. Stocks post worst week since financial crisis despite coronavirus aid hopes (permalink)
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score: 2, Economy, 2020-03-20 23:06:43, published by USA Today
U.S. stocks careened Friday despite hopes that government and central bank action can shield the global economy from the virus pandemic.... [additional details]
3662. Coronavirus bailout for airlines and cruise lines is socialism for the... (permalink)
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score: 2, Economy, 2020-03-20 20:06:46, published by USA Today
Most of the economy will suffer. Why should sweetheart deals go to the companies affected first because they have over-borrowed and over-spent?.... [additional details]
3663. Walmart, Dollar Tree and 7-Eleven want to hire nearly 200,000... (permalink)
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score: 2, Economy, 2020-03-20 20:06:21, published by CNN
Walmart, the largest private employer in the United States, plans to hire 150,000 temporary workers by the end of May as the coronavirus pandemic continues to sweep through the country. ... [additional details]
3664. The dollar is on a tear. That's troubling... (permalink)
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score: 2, Economy, 2020-03-20 17:06:11, published by CNN
Even though the novel coronavirus has the United States essentially in lockdown mode, the American dollar continues to be viewed as the world's safest and most stable currency. ... [additional details]
3665. Coronavirus: US Senators face calls to resign over ‘insider trading’... (permalink)
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score: 2, Economy, 2020-03-20 14:05:07, published by BBC
Two US senators reportedly sold millions of dollars in stocks while downplaying the virus' threat. [additional details]
3666. Bank of America will let customers defer mortgage payments... (permalink)
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score: 2, Economy, 2020-03-20 02:06:01, published by CNN
Bank of America is letting customers request to defer payments on mortgages and small business and auto loans in light of the coronavirus pandemic. ... [additional details]
3667. Coronavirus could spark another Great Depression, former Trump... (permalink)
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score: 2, Economy, 2020-03-19 20:05:51, published by CNN
The widespread shutdown of the American economy because of the coronavirus could spark a repeat of the Great Depression, former Trump economist Kevin Hassett told CNN on Thursday. ... [additional details]
3668. NY governor announces 90-day mortgage relief... (permalink)
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score: 2, Economy, 2020-03-19 17:05:45, published by CNN
Get info: Alerts | Newsletter | Catch up Be involved: Send your questions and stories ... [additional details]
3669. Opinion: Americans are going to demand to know why US wasn't prepared... (permalink)
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score: 2, Economy, 2020-03-19 12:05:50, published by CNN
We won't know for many weeks, and maybe many months, the full impact Covid-19 will have on the health of Americans -- how many will be hospitalized and how many will die. We do know that it already has dealt a devastating blow to the US economy. Before too long, many Americans are going to demand to... [additional details]
3670. Can't make a credit card or mortgage payment? Here's how to ask... (permalink)
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score: 2, Economy, 2020-03-19 07:06:41, published by USA Today
Americans worried about missing a credit card or mortgage payments have options, including reaching out to your bank or lender for help.... [additional details]
3671. US dollar strengthens while stock markets are routed as coronavirus... (permalink)
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score: 2, Economy, 2020-03-19 07:05:48, published by CNN
US futures and Asian stocks sank Thursday despite a slew of dramatic steps unveiled by policymakers worldwide to cushion the economic blow caused by the novel coronavirus pandemic. Currency markets were also incredibly volatile as investors piled into the US dollar. <... [additional details]
3672. Businesses ask for hundreds of billions of dollars in federal... (permalink)
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score: 2, Economy, 2020-03-18 21:06:01, published by CNN
Several American industries that have been decimated by the coronavirus outbreak are asking for federal bailouts. The price tag reaches into the hundreds of billions of dollars. ... [additional details]
3673. Coronavirus: Pound plunges to its lowest level in over 30 years... (permalink)
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score: 2, Economy, 2020-03-18 20:05:04, published by BBC
The pound falls to its lowest level against the dollar since 1985, trading at $1.15. [additional details]
3674. 'How bad is this?' It's bad.' Trump shifts tone as pandemic... (permalink)
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score: 2, Economy, 2020-03-18 15:06:47, published by USA Today
President Donald Trump, who previously predicted that the coronavirus could "miraculously" disappear this spring, has embraced a more somber tone.... [additional details]
3675. Opinion: The Fed's latest rate cut was a useless and desperate... (permalink)
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score: 2, Economy, 2020-03-18 15:05:48, published by CNN
If the intent was to boost the economy or the markets, the Fed's 50-basis-point emergency rate cut a couple weeks ago was an exercise in futility. Doubling down on that failed strategy — by announcing an additional 100-basis-point cut Sunday evening — was just useless and desperate.... [additional details]
3676. Congress and White House say blowing up deficit not a concern... (permalink)
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score: 2, Economy, 2020-03-18 13:05:49, published by CNN
Lawmakers and the White House are putting aside any concerns about blowing up the deficit as they consider a trillion-dollar stimulus package to boost the economy in response to coronavirus. ... [additional details]
3677. 'A big, bold package': Trump calls for pumping $1 trillion into... (permalink)
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score: 2, Economy, 2020-03-18 00:06:37, published by USA Today
President Donald Trump considers sending checks to Americans to help deal with fallout from coronavirus epidemic.additional details]
3678. From truckers to testing labs: How the government is cutting red... (permalink)
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score: 2, Economy, 2020-03-18 00:05:59, published by CNN
The federal government regulates and monitors practically every activity that takes place in the US economy, from where and when truck drivers drop off their deliveries, to what tests hospitals and labs can use on patients. ... [additional details]
3679. European countries are writing blank checks to save their economies... (permalink)
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score: 2, Economy, 2020-03-17 22:06:30, published by CNN
European governments are writing blank checks to protect businesses and workers from the deep recession into which the global economy is sinking rapidly because of the coronavirus pandemic. ... [additional details]
3680. Mnuchin says proposal would inject 'a trillion dollars into the economy,'... (permalink)
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score: 2, Economy, 2020-03-17 21:06:44, published by USA Today
"We're looking at sending checks to Americans immediately," Treasury Secretary Steve Mnuchin said at a news conference Tuesday.additional details]
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