| Here’s what you need to know about the $1.8 trillion coronavirus bailout everyone keeps talking about | 2020-03-24 18:21 | Business Insider Singapore |
| Congress homes in on huge rescue for virus-hit US economy | 2020-03-24 18:18 | Bangkok Post - World |
| Capitol Report: Coronavirus stimulus package: Lobbyists have asked for at least $2.3 trillion in government aid | 2020-03-24 18:16 | Market Watch - Top Stories |
| A green-minded stimulus to save the economy from coronavirus? This group thinks it has the $2 trillion answers | 2020-03-24 18:16 | Market Watch - Top Stories |
| All Of India, More Than 1.3 Billion People, Is Now Under Coronavirus Lockdown | 2020-03-24 17:59 | Buzzfeed |
| Pelosi suggests coronavirus stimulus deal is near, but timing unsure | 2020-03-24 17:35 | The Hill - All News |
| Surveys show coronavirus pandemic savaging global economy | 2020-03-24 17:34 | Reuters - Top News |
| Trump adviser on opening economy: Target zones where virus is less prevalent | 2020-03-24 16:56 | The Hill - All News |
| Boeing CEO does not want U.S. to take stake in company after coronavirus stimulus | 2020-03-24 16:56 | Reuters - Top News |
| Negotiations for $1.6 trillion coronavirus relief package continue | 2020-03-24 16:55 | CBSNews.com - Headlines |
| Cuomo on coronavirus: We won't put elderly at risk to boost the economy | 2020-03-24 16:55 | CBSNews.com - Headlines |
| As Europe fights coronavirus and climate, is 'green stimulus' the way? | 2020-03-24 16:52 | Channel News Asia - Latest News |
| In the global scenario, China’s exports to the US are worth an estimated $1.9 trillion. | 2020-03-24 16:43 | Gulf News - Opinion |
| Due to arrive in Europe’s largest economy on March 20, the missing mask shipment was one of the first major deliveries needed to gird Germany’s health system for its battle against the coronavirus, Spiegel reported. | 2020-03-24 16:39 | Gulf News - World |
| With a GDP of only about US$20 billion, the cuts represent a devastating blow to Afghanistan's donor-dependent economy and could hardly come at a worse time - with coronavirus spreading across the country and Taliban attacks on the increase. | 2020-03-24 16:25 | Channel News Asia - Asia |
| McConnell, Pelosi, Mnuchin see deal soon on $2 trillion U.S. coronavirus aid | 2020-03-24 16:25 | Reuters - Politics |
| Trump, seeking re-election on Nov. 3, has said he may ease a public-health clamp-down that aims to slow the spread of the virus in an effort to quickly restart the economy. | 2020-03-24 16:25 | Reuters - Politics |
| COVID-19 India: Prime Minister Modi puts 1.3 billion people on full lockdown for 21 days to curb spread of coronavirus | 2020-03-24 16:02 | National Post - Top Stories |
| COVID-19 India: Prime Minister Modi puts 1.3 billion people on full lockdown for 21 days to curb spread of coronavirus | 2020-03-24 16:02 | National Post - Top Stories |
| COVID-19 India: Prime Minister Modi puts 1.3 billion people on full lockdown for 21 days to curb spread of coronavirus | 2020-03-24 16:02 | National Post - Top Stories |
| COVID-19 India: Prime Minister Modi puts 1.3 billion people on full lockdown for 21 days to curb spread of coronavirus | 2020-03-24 16:02 | National Post - Top Stories |
| COVID-19 India: Prime Minister Modi puts 1.3 billion people on full lockdown for 21 days to curb spread of coronavirus | 2020-03-24 16:02 | National Post - Top Stories |
| COVID-19 India: Prime Minister Modi puts 1.3 billion people on full lockdown for 21 days to curb spread of coronavirus | 2020-03-24 16:02 | National Post - Top Stories |
| COVID-19 India: Prime Minister Modi puts 1.3 billion people on full lockdown for 21 days to curb spread of coronavirus | 2020-03-24 16:02 | National Post - Top Stories |
| COVID-19 India: Prime Minister Modi puts 1.3 billion people on full lockdown for 21 days to curb spread of coronavirus | 2020-03-24 16:02 | National Post - Top Stories |
| COVID-19 India: Prime Minister Modi puts 1.3 billion people on full lockdown for 21 days to curb spread of coronavirus | 2020-03-24 16:02 | National Post - Top Stories |
| COVID-19 India: Prime Minister Modi puts 1.3 billion people on full lockdown for 21 days to curb spread of coronavirus | 2020-03-24 16:02 | National Post - Top Stories |
| COVID-19 India: Prime Minister Modi puts 1.3 billion people on full lockdown for 21 days to curb spread of coronavirus | 2020-03-24 16:02 | National Post - Top Stories |
| COVID-19 India: Prime Minister Modi puts 1.3 billion people on full lockdown for 21 days to curb spread of coronavirus | 2020-03-24 16:02 | National Post - Top Stories |
| Democrats, White House resolve sticking points in coronavirus stimulus bill | 2020-03-24 15:47 | LA Times - Politics |
| Stocks rising as hopes grow for federal coronavirus stimulus package | 2020-03-24 15:45 | Chicago Tribune - Business |
| Nancy Pelosi unveils $2.5 trillion virus package, temporary reprieve from car, mortgage payments | 2020-03-24 15:26 | National Post - Top Stories |
| Suncor cuts $1.5 billion from budget to cope with low oil prices, virus impact | 2020-03-24 15:25 | CityNews Toronto |
| UPDATE 4-McConnell, Pelosi, Mnuchin see deal soon on $2 trillion U.S. coronavirus aid | 2020-03-24 15:15 | Reuters - Company News |
| Jeff Bezos, Larry Fink, and other top US execs dodged $1.9 billion in losses by selling their own stock as the coronavirus outbreak worsened | 2020-03-24 15:14 | Business Insider |
| Here's what you need to know about the $1.8 trillion coronavirus bailout everyone keeps talking about | 2020-03-24 15:14 | Business Insider |
| White House agrees to oversight of massive $500 billion Treasury loan program designed to soften coronavirus impact on businesses | 2020-03-24 15:14 | Business Insider |
| Coronavirus: Stocks surge on hopes for a $2-tn U.S. stimulus deal | 2020-03-24 15:10 | Global News |
| Germany eyes post-virus stimulus package | 2020-03-24 15:09 | Reuters - Health |
| U.S. Markets Rally as Coronavirus Stimulus Plans Advance in Congress | 2020-03-24 15:08 | Variety |
| Pelosi expresses optimism about coronavirus stimulus legislation | 2020-03-24 15:08 | Market Watch - Breaking News |
| McConnell, Pelosi say deal on coronavirus stimulus is close | 2020-03-24 15:07 | Market Watch - Top Stories |
| Dow jumps 1,500 points as investors await $2 trillion coronavirus package | 2020-03-24 15:06 | The NY Post |
| ‘Truly horrifying’: 6 economic surveys show coronavirus is hammering the global economy | 2020-03-24 15:04 | Business Insider Singapore |
| Dow surges 1,100 points on hopes the $2 trillion coronavirus aid package will soon be approved | 2020-03-24 15:04 | Business Insider Singapore |
| Dow surges 1,300 points on hopes the $2 trillion coronavirus aid package will soon be approved | 2020-03-24 15:04 | Business Insider Singapore |
| Virus sparks 'unprecedented collapse' in eurozone economy | 2020-03-24 14:59 | Bangkok Post - World |
| Coronavirus Economy: Reports of an Economic Crash Have Been Greatly Exaggerated | 2020-03-24 14:57 | Cato Institute - OpEds |
| Airlines beg for rescue as coronavirus hit soars to $250 billion | 2020-03-24 14:56 | Reuters - Business |
| Stocks surge in early trading amid building hopes for US coronavirus stimulus | 2020-03-24 14:51 | Detroit Free Press |
| Stocks jump on hopes for a coronavirus stimulus package from Congress | 2020-03-24 14:50 | USA Today - Money Top Stories |
| Worse than Lehman: Coronavirus Tightens Its Grip on the Economy | 2020-03-24 14:46 | Der Spiegel - International |
| Pelosi sees 'real optimism' on $2 trillion U.S. coronavirus aid bill deal | 2020-03-24 14:43 | Reuters - Top News |
| Coronavirus live updates: Olympics delayed; stocks roar higher; stimulus deal 'on 5-yard line' | 2020-03-24 14:39 | USA Today - National Top Stories |
| Coronavirus: $252 billion loss estimate for global airlines | 2020-03-24 14:33 | Gulf News - Business |
| After long night, Congress and White House closing in on nearly $2 trillion coronavirus aid package | 2020-03-24 14:24 | Chicago Tribune - World |
| Stocks rise as hopes grow for federal coronavirus stimulus package | 2020-03-24 14:24 | Chicago Tribune - World |
| Gottlieb says coronavirus must be stopped before rebooting economy | 2020-03-24 13:44 | CBSNews.com - Headlines |
| A new report from Covered California, the state's Affordable Care Act marketplace, projected that commercial insurers and employers could face a $34 billion to $251 billion bill for coronavirus testing and treatment this year. | 2020-03-24 13:44 | Kaiser Health News |
| The economy was tanking; coronavirus cases were soaring. | 2020-03-24 13:43 | Guardian - World |
| Coronavirus US live: Senate appears close to $2tn stimulus package deal | 2020-03-24 13:43 | Guardian - World |
| The coronavirus outbreak is a deep humanitarian crisis that is posing unprecedented challenges for business leaders and the economy as a whole. | 2020-03-24 13:42 | Business Wire Transport News |
| Stocks rocketed higher at the start of trading Tuesday on hopes that Congress would pass a stimulus bill to shield the economy from the coronavirus pandemic. | 2020-03-24 13:42 | USA Today - National Top Stories |
| President Donald Trump sought to reassure Americans that guidelines aimed at slowing the spread of coronavirus but that are hurting the economy will be short-lived. | 2020-03-24 13:42 | USA Today - National Top Stories |
| An effort in the Senate to move forward with a nearly $2 trillion economic stimulus package to combat the coronavirus crisis remained stalled over continued disagreements between Republicans and Democrats. | 2020-03-24 13:42 | USA Today - National Top Stories |
| The lieutenant governor of Texas argued in an interview on Fox News Monday night that the United States should go back to work, saying grandparents like him don’t want to sacrifice the country’s economy during the coronavirus crisis. | 2020-03-24 13:42 | USA Today - National Top Stories |
| What Coronavirus Means for the Possibility of a Carbon-Free Economy | 2020-03-24 13:41 | TIME |
| The key climate question raised by this response to coronavirus is whether the trillions of dollars countries will spend to stimulate their economies will help reduce emissions or drive them up. | 2020-03-24 13:41 | TIME |
| The economic response to the coronavirus will play out over months and perhaps years, but we nonetheless see the topic of a “green stimulus” already popping up in capitals across the globe. | 2020-03-24 13:41 | TIME |
| Officials in China have promised a massive stimulus to restart the country’s economy, and observers expect that they will largely focus on infrastructure. | 2020-03-24 13:41 | TIME |
| Expanding electric vehicle infrastructure and transitioning from coal-powered heating to gas-powered heating are among the areas where the country could spend billions, says David Sandalow, an expert on China’s energy and climate policy who serves as a fellow at Columbia University’s Center on Global Energy Policy. | 2020-03-24 13:41 | TIME |
| These potential risks and uncertainties include, without limitation, uncertainties regarding the impact of the COVID-19 outbreak on our business or the economy generally; the extent to which our products may obtain regulatory approval and market acceptance; and the continued efficacy and safety profile of our products. | 2020-03-24 13:38 | Business Wire Health News |
| The euro zone economy is sinking as countries toughen containment efforts, implementing strict stay-at-home policies even as China prepared to lift its lockdown in Wuhan, the city at the center of the original outbreak. | 2020-03-24 13:36 | Bangkok Post - Business |
| The US could become a new hub of the outbreak, the World Health Organization warned, even as President Donald Trump declared that the American economy “was not built to be shut down”. | 2020-03-24 13:36 | Bangkok Post - Business |
| Spain reported another surge in fatalities and said a total of almost 40,000 people have been infected, while Germany is evaluating a stimulus program. | 2020-03-24 13:36 | Bangkok Post - Business |
| The global airline industry could lose $252 billion in revenue this year as a result of the coronavirus pandemic, or 44% of the total for 2019, according to the International Air Transport Association. | 2020-03-24 13:36 | Bangkok Post - Business |
| Germany mulls stimulus package to boost post-virus economy Chancellor Angela Merkel’s government is evaluating a stimulus programme to help revive the German economy after the coronavirus crisis subsides, according to a person close to the discussions. | 2020-03-24 13:36 | Bangkok Post - Business |
| The economy is heading for a steep recession as attempts to slow the outbreak of the coronavirus pandemic sent the services sector into an unprecedented slump. | 2020-03-24 13:36 | Bangkok Post - Business |
| More than 47,000 chain stores across the US temporarily shut their doors in 10 days as retailers took extreme measures to help slow the spread of the coronavirus pandemic that has rattled all sectors of the global economy, according to data compiled by Bloomberg. | 2020-03-24 13:36 | Bangkok Post - Business |
| France’s economy is also in a record downturn, while UK businesses are being dragged into the biggest slump in modern memory by the shutdown to contain the coronavirus. | 2020-03-24 13:36 | Bangkok Post - Business |
| Israel is looking to boost its economic aid to businesses and workers clobbered by the coronavirus outbreak by as much as $3.8 billion, a surge of almost 50%, according to two people familiar with the matter. | 2020-03-24 13:36 | Bangkok Post - Business |
| Trump says US to reopen in less than 3 or 4 months President Donald Trump said the US economy can’t remain slowed for long to fight the coronavirus, declaring the country “was not built to be shut down”. | 2020-03-24 13:36 | Bangkok Post - Business |
| COVID-19: Airlines keep cancelling flights as more countries effect full lockdowns Dubai: Revenue losses for airlines across the world could total $252 billion this year as against the $113 billion forecast earlier, as global travel falls victim to the COVID-19 outbreak. | 2020-03-24 13:35 | Gulf News - Business |
| On the plus side, he said that IATA urged governments to speed up efforts to help their local airlines, and warned that the virus outbreak will not just hurt jobs, but will also be a “major hit on the global economy”. | 2020-03-24 13:35 | Gulf News - Business |
| Coronavirus sparks 'unprecedented collapse' in eurozone economy | 2020-03-24 13:34 | Gulf News - Business |
| Major economies Italy, France, Germany and Spain are all deeply affected and have implemented severe social and business restrictions to try to slow the virus's spread, by keeping potential carriers at home. | 2020-03-24 13:34 | Gulf News - Business |
| China's economy, it noted, was showing tentative signs of recovery. | 2020-03-24 13:34 | Gulf News - Business |
| Due to arrive in Europe's largest economy on March 20, the missing mask shipment was one of the first major deliveries needed to gird Germany's health system for its battle against the coronavirus, Spiegel reported. | 2020-03-24 13:32 | News18 - World News |
| Meanwhile, Leader of the Opposition in the National Assembly and PML-N President Shehbaz Sharif urged Prime Minister Imran Khan to take drastic steps to contain the spread of the virus and tackle its financial impact on the economy and the poor people. | 2020-03-24 13:32 | News18 - World News |
| "The reduction in interest rates will provide around Rs 80 billion to the government which it can use to deal with the coronavirus," he said in his first presser via video since returning from London. | 2020-03-24 13:32 | News18 - World News |
| Major economies Italy, France, Germany and Spain are all deeply affected and have implemented severe social and business restrictions to try to slow the virus's spread, by keeping potential carriers at home. | 2020-03-24 13:32 | News18 - World News |
| China's economy, it noted, was showing tentative signs of recovery. | 2020-03-24 13:32 | News18 - World News |
| In a Facebook post on Thursday, Mr Heng said the "supplementary budget" will support Singaporeans amid the outbreak, which has "inevitably taken a big toll on our economy". | 2020-03-24 13:27 | Channel News Asia - Singapore |
| But this week, he’s hinted that he may throw out social distancing advisories to the public due to their impact on the economy, something that could seriously threaten efforts to reduce the surge in cases at a time when hospitals across the country are already overwhelmed. | 2020-03-24 12:55 | Gizmodo |
| Congress closing in on nearly $2 trillion virus aid package | 2020-03-24 12:53 | CityNews Toronto |
| Tensions had flared Monday as Washington strained to respond to the worsening coronavirus outbreak, with Congress arguing over a nearly $2 trillion economic rescue package and an impatient Trump musing openly about letting the 15-day shutdown expire next Monday, March 30. | 2020-03-24 12:53 | CityNews Toronto |
| SAO PAULO, March 24 (Reuters) - Brazilian miner Vale SA has announced it will draw $5 billion from its revolving credit lines to strenghten its liquidity due to the coronavirus pandemic. | 2020-03-24 12:53 | Reuters - Company News |
| “Norwegian will secure the necessary headroom to pursue further guarantees from the Norwegian government.” Norway said on March 19 that Norwegian Air could obtain credit guarantees worth up to 3 billion crowns to help it weather the coronavirus crisis subject to a series of conditions. | 2020-03-24 12:53 | Reuters - Company News |
| (Reuters) - General Motors Co said on Tuesday it will draw about $16 billion from its credit lines in a bid to beef up liquidity amid rising business impact from the fast-spreading coronavirus outbreak. | 2020-03-24 12:53 | Reuters - Company News |
| 'Truly horrifying': 6 economic surveys show coronavirus is hammering the global economy | 2020-03-24 12:52 | Business Insider |
| "Although there is a cost to the economy, to society, not to mention also the second-order problems, like access to health care for people without the coronavirus. | 2020-03-24 12:52 | Business Insider |
| Further reading: House Stimulus Bills Envision ‘Digital Dollar’ to Ease Coronavirus Recession Last week, a New York judge granted a motion for temporary release for another individual on the grounds that crowded detention centers allowed the virus to spread more easily. | 2020-03-24 12:49 | CoinDesk |
| The Energy 202: Congress debates how to help energy sector in coronavirus stimulus measure | 2020-03-24 12:48 | Washington Post - Politics |
| (Sarah Silbiger/Bloomberg) One of the biggest sticking points to emerge in the fight over the coronavirus stimulus package is how to prop up the nation's energy sector, struggling from a glut of oil and plummeting prices during the spreading epidemic. | 2020-03-24 12:48 | Washington Post - Politics |
| (Reuters) - General Motors Co said on Tuesday it will draw about $16 billion from its credit lines in a bid to beef up liquidity amid rising business impact from the fast-spreading coronavirus outbreak. | 2020-03-24 12:46 | Reuters - Business |
| “Norwegian will secure the necessary headroom to pursue further guarantees from the Norwegian government.” Norway said on March 19 that Norwegian Air could obtain credit guarantees worth up to 3 billion crowns to help it weather the coronavirus crisis subject to a series of conditions. | 2020-03-24 12:46 | Reuters - Business |
| LONDON (Reuters) - Global airline revenues are seen falling by $250 billion this year, a cut of 44% on 2019 levels, the International Air Transport Association said on Tuesday, as the coronavirus outbreak hits the sector. | 2020-03-24 12:46 | Reuters - Business |
| Bond Report: Treasury yields rise as investors eye fiscal stimulus to cushion coronavirus blow | 2020-03-24 12:46 | Market Watch - Top Stories |
| Stocks dropped Monday, with the Dow closing below 19,000 for the first time since November 2016 even as the Federal Reserve prepared to launch an expansion of lending programs in an effort to shield the economy from the virus. | 2020-03-24 12:44 | USA Today - Money Top Stories |
| The turnaround follows a volatile session that sent the indexes diving after the Senate twice failed to advance the coronavirus stimulus bill. | 2020-03-24 12:43 | Washington Post - Business |
| President Trump is considering whether to bring the economy out of its government-induced coma, insisting the pain of the restrictions should not outweigh that from the coronavirus itself. | 2020-03-24 12:43 | Washington Post - Business |
| Carlyle is keen to find companies that weather economic downturns well as the economy is bound to deteriorate due to the coronavirus pandemic, Yamada said. | 2020-03-24 12:29 | Reuters - Company News |
| Uber CEO Dara Khosrowshahi has appealed to President Trump to give gig economy workers financial aid during the coronavirus crisis. | 2020-03-24 12:28 | Business Insider |
| Stocks, oil, and bitcoin surge after Fed boosts coronavirus stimulus | 2020-03-24 12:28 | Business Insider |
| Stocks, oil, and bitcoin rallied on Tuesday after the Federal Reserve unveiled a sweeping set of measures to shore up the US economy against the novel coronavirus. | 2020-03-24 12:28 | Business Insider |
| Though public-health officials view social distancing as a necessary measure to contain the outbreak, work-from-home and no-travel rules are already having a profound effect on the national economy. | 2020-03-24 12:28 | Business Insider |
| Prime Minister Narendra Modi is due to address the nation for a second time in a week on the risks to the country of 1.3 billion people from the virus that emerged in China late last year and has spread to 194 countries. | 2020-03-24 12:27 | Reuters - World News |
| A major part of Monday’s double-digit price rise came after the Fed announced its "bazooka" move to expand asset purchases by as much as needed (that is, with no upper limit) to help the economy absorb shocks arising from the coronavirus pandemic. | 2020-03-24 12:24 | CoinDesk |
| See also: House Stimulus Bills Envision ‘Digital Dollar’ to Ease Coronavirus Recession With central banks running out of steam to battle the virus jitters, there's scope for bitcoin to fulfill a non-correlated and decentralized value proposition, according to Neo. | 2020-03-24 12:24 | CoinDesk |
| But who could possibly race ahead of the exponential growth and reach billions of people with this corrective lens before the virus can? | 2020-03-24 12:23 | Wired - Ideas |
| It is just the sort of sweeping government involvement in the economy that was pushed this year by Democratic presidential candidates, well before the viral outbreak, but is almost always resisted by Trump and other Republicans. | 2020-03-24 12:23 | ABC News - Top Stories |
| An earlier $100 billion-plus package swiftly passed by Congress last Wednesday and signed by Trump includes a guarantee of paid sick leave for some workers affected by the virus. | 2020-03-24 12:23 | ABC News - Top Stories |
| March 24, 2020 | 8:11am | Updated March 24, 2020 | 9:41am Jeff Bezos saved a small fortune by selling billions of dollars in Amazon shares before the coronavirus pandemic crashed the stock market, a new report said. | 2020-03-24 12:23 | The NY Post |
| The 56-year-old e-commerce tycoon avoided about $317 million in paper losses by dumping $3.4 billion worth of Amazon stock in early February — less than three weeks before global markets tanked as the virus spread around the world, a Wall Street Journal analysis found. | 2020-03-24 12:23 | The NY Post |
| It’s uncertain what role, if any, the coronavirus played in Bezos’s decision to sell about 3 percent of his Amazon stake before the crisis became a pandemic that has effectively kneecapped the world economy. | 2020-03-24 12:23 | The NY Post |
| Microsoft became the only US company worth more than $1 trillion after the coronavirus sent the US economy into a nosedive | 2020-03-24 12:22 | Business Insider Singapore |
| That’s according to Peter Lee, director of California’s individual insurance marketplace, whose actuaries have estimated that medical care stemming from the virus could generate between $29 billion and $216 billion in hospital costs nationally for patients on employer-sponsored or individual market coverage, depending on the number of people ultimately infected. | 2020-03-24 12:20 | Washington Post - Politics |
| (Alex Wong/Getty Images) AHH: Senate leaders and the Trump administration appeared near a bipartisan deal last night on a massive stimulus package to bolster the economy with $2 trillion amid the coronavirus fallout. | 2020-03-24 12:20 | Washington Post - Politics |
| “Paul was defiant that he did nothing wrong, despite bipartisan criticism for his behavior and even sharper private furor among senators and aides because he had potentially exposed them to a virus whose debilitating effect on the nation’s health and economy lawmakers were working so ferociously to combat,” they add. | 2020-03-24 12:20 | Washington Post - Politics |
| The Finance 202: Wall Street to Trump: Don’t restart economy before stopping coronavirus spread | 2020-03-24 12:20 | Washington Post - Politics |
| (Alex Brandon/AP) President Trump is considering whether to bring the economy out of its government-induced coma in the next week or two, insisting the pain of the restrictions should not outweigh that from the coronavirus itself. | 2020-03-24 12:20 | Washington Post - Politics |
| Top public health officials warn that prematurely lifting measures aimed at separating people to slow transmission of the virus could allow it to surge, which would overwhelm the medical system, prolong the crisis and deepen the toll on human life and the economy. | 2020-03-24 12:20 | Washington Post - Politics |
| Analysts say the Fed’s effort now could dwarf that in a matter of weeks, a testament to how much pain the coronavirus is causing the economy.” Trump says he called Federal Reserve Chair Jerome Powell to thank him. | 2020-03-24 12:20 | Washington Post - Politics |
| They say more federal funding for such an effort, currently being debated as part of the $1.8 trillion coronavirus stimulus bill stuck in Congress, could overwhelm election officials with just seven months left to prepare for a presidential and congressional elections. | 2020-03-24 12:20 | Washington Post - Politics |
| "They need the money now," said Wendy Weiser, director of the Democracy Program at the Brennan Center for Justice at New York University School of Law, which has put a price tag of roughly $2 billion on voting by mail and other coronavirus-related programs to protect the 2020 election. | 2020-03-24 12:20 | Washington Post - Politics |
| Just how much the virus is ravaging the global economy is evident in a series of growth forecast downgrades and advance readings of purchasing managers indexes (PMI) across the world’s biggest economies. | 2020-03-24 12:16 | Reuters - Business |
| Investors eye cracks in $4.4 trillion U.S. ETF market as virus sell-off rages | 2020-03-24 12:16 | Reuters - Business |
| The survey of 288 manufacturers was conducted between Feb. 25 and March 14, since when the government has shut down much of Britain’s economy in a bid to slow the spread of the virus. | 2020-03-24 12:16 | Reuters - Business |
| Any “short-term blip” should not prevent governments from using coronavirus stimulus to achieve longer-term reductions, Fatih Birol, head of the International Energy Agency, said in a recent commentary. | 2020-03-24 12:16 | Reuters - Business |
| “It could seriously weaken European airlines against the global competition.” The fate of European attempts to rein in airline emissions is among many such trade-offs yet to play out across economies ravaged by the coronavirus pandemic. | 2020-03-24 12:16 | Reuters - Business |
| Losses on Monday came even after the Federal Reserve unfurled its most potent batch of stimulus measures to date, saying it would buy an unlimited amount of Treasurys and mortgage-backed securities, among other measures, to stem the harm from the virus and unlock seized up areas of financial markets. | 2020-03-24 12:16 | Market Watch - Top Stories |
| Indeed, both new cases and deaths have dropped for two days in Italy, and the head of Germany’s public health institute said the infections rate in Europe’s largest economy was leveling off. | 2020-03-24 12:16 | Market Watch - Top Stories |
| The cabinet approved on Tuesday a package of stimulus measures worth at least 117 billion baht to try and mitigate the impact of the coronavirus outbreak that has infected more than 800 people in the country. | 2020-03-24 12:13 | Bangkok Post - Top Stories |
| The euro zone economy is sinking as countries toughen containment efforts, implementing strict stay-at-home policies even as China prepared to lift its lockdown in Wuhan, the city at the center of the original outbreak. | 2020-03-24 12:13 | Bangkok Post - Top Stories |
| The US could become a new hub of the outbreak, the World Health Organization warned, even as President Donald Trump declared that the American economy “was not built to be shut down”. | 2020-03-24 12:13 | Bangkok Post - Top Stories |
| Spain reported another surge in fatalities and said a total of almost 40,000 people have been infected, while Germany is evaluating a stimulus program. | 2020-03-24 12:13 | Bangkok Post - Top Stories |
| The global airline industry could lose $252 billion in revenue this year as a result of the coronavirus pandemic, or 44% of the total for 2019, according to the International Air Transport Association. | 2020-03-24 12:13 | Bangkok Post - Top Stories |
| Germany mulls stimulus package to boost post-virus economy Chancellor Angela Merkel’s government is evaluating a stimulus programme to help revive the German economy after the coronavirus crisis subsides, according to a person close to the discussions. | 2020-03-24 12:13 | Bangkok Post - Top Stories |
| The economy is heading for a steep recession as attempts to slow the outbreak of the coronavirus pandemic sent the services sector into an unprecedented slump. | 2020-03-24 12:13 | Bangkok Post - Top Stories |
| More than 47,000 chain stores across the US temporarily shut their doors in 10 days as retailers took extreme measures to help slow the spread of the coronavirus pandemic that has rattled all sectors of the global economy, according to data compiled by Bloomberg. | 2020-03-24 12:13 | Bangkok Post - Top Stories |
| France’s economy is also in a record downturn, while UK businesses are being dragged into the biggest slump in modern memory by the shutdown to contain the coronavirus. | 2020-03-24 12:13 | Bangkok Post - Top Stories |
| Israel is looking to boost its economic aid to businesses and workers clobbered by the coronavirus outbreak by as much as $3.8 billion, a surge of almost 50%, according to two people familiar with the matter. | 2020-03-24 12:13 | Bangkok Post - Top Stories |
| Trump says US to reopen in less than 3 or 4 months President Donald Trump said the US economy can’t remain slowed for long to fight the coronavirus, declaring the country “was not built to be shut down”. | 2020-03-24 12:13 | Bangkok Post - Top Stories |
| And on Monday, House Democrats announced that their latest coronavirus relief bill includes billions to shore up states’ election systems and mandates 15 days of early voting and no-excuse absentee vote-by-mail — “including mailing a ballot to all registered voters in an emergency.” The Opinions section is looking for stories of how the coronavirus has affected people of all walks of life. | 2020-03-24 12:11 | Washington Post - Opinions |
| Before the coronavirus crisis erupted, Trump complained that Powell wasn’t doing enough to stimulate the economy, obviously to ensure the best of times when voters decide whether to re-elect the president this fall. | 2020-03-24 12:10 | USA Today - Opinion |
| As the COVID-19 (coronavirus) pandemic has brought much of Canada’s economy to a halt, provincial governments are looking to support businesses and regional economies. | 2020-03-24 11:54 | Betakit |
| As more countries shut down large parts of their economies to contain the spread of the virus, the purchasing managers indices (PMI) for several of the world’s biggest economies fell to the lowest levels since records began more than two decades ago. | 2020-03-24 11:48 | Guardian - Business |
| As speculation mounts that the country due to host the Olympics this year could be forced to postpone the event, analysts said Japan was headed for a deep recession, with a contraction in the economy of around 4% this year. | 2020-03-24 11:48 | Guardian - Business |
| But Deputy Economy Minister Antonio Misiani told Reuters the coronavirus emergency made such restrictions redundant. | 2020-03-24 11:48 | Reuters - Health |
| Germany ready to mull post-virus stimulus package, but discussions at 'very early stage': source | 2020-03-24 11:48 | Reuters - Health |
| BERLIN (Reuters) - German Finance Minister Olaf Scholz is ready to mull a post-virus stimulus package, but discussions within the government on the measures are still at “a very early stage”, a senior official with knowledge of the talks said on Tuesday. | 2020-03-24 11:48 | Reuters - Health |
| Germany: 750 billion euro aid package is just first step in tackling coronavirus | 2020-03-24 11:48 | Reuters - Health |
| Finance Minister Olaf Scholz is ready to mull a post-virus stimulus package, but discussions within the government on the measures are still at “a very early stage”, a senior official with knowledge of the talks said on Tuesday. | 2020-03-24 11:48 | Reuters - Health |
| The MPs are returning to vote on measures to spend billions on aid for families and businesses struggling to cope as the coronavirus outbreak hammers the economy. | 2020-03-24 11:48 | CBC - Canada News |
| In British Columbia, the premier announced a $5 billion coronavirus relief plan. | 2020-03-24 11:48 | CBC - Canada News |
| ET Top congressional and White House officials negotiating the $2 trillion coronavirus rescue package say they expect to reach a deal sometime Tuesday. | 2020-03-24 11:48 | CBC - Canada News |
| Congress close to reaching deal on $2 trillion coronavirus aid package | 2020-03-24 11:46 | The NY Post |
| March 24, 2020 | 7:19am | Updated March 24, 2020 | 7:29am Senate Minority Leader Chuck Schumer and Treasury Secretary Steven Mnuchin are close to reaching a deal on a $2 trillion coronavirus aid package, both said. | 2020-03-24 11:46 | The NY Post |
| Earlier Monday, Senate Democrats blocked a cloture vote that would have allowed a $1.8 trillion coronavirus stimulus package to advance for a full vote in the upper chamber. | 2020-03-24 11:46 | The NY Post |
| The COVID-19 outbreak is already impacting banks’ customers and will have huge implications for the global economy. | 2020-03-24 11:46 | UNEPFI |
| ‘As addictive as opioids’: Stocks, oil, and bitcoin surge after Fed boosts coronavirus stimulus | 2020-03-24 11:45 | Business Insider Singapore |
| Read more: Coronavirus: How Tehran failed to halt outbreak An economy already strained by heavy spending on foreign militias and proxy networks was further pressured with US sanctions targeting Iranian oil sales. | 2020-03-24 11:43 | Al Arabiya English - Home Page |
| Still, Republicans in Washington say they are inclined to oppose an effort to include the funding and new rules on how states run their elections in a $2 trillion coronavirus response package, with some casting the effort as part of a Democratic strategy to try to load up the bill with unrelated pet priorities. | 2020-03-24 11:43 | Washington Post - Politics |
| Senator Chuck Schumer, the minority leader, said he expected to have an agreement this morning with Treasury Secretary Steven Mnuchin on a nearly $2 trillion economic package to respond to the coronavirus pandemic. | 2020-03-24 11:42 | NY Times - World News |
| Worst reading ever for Eurozone economy on harsh virus impact | 2020-03-24 11:41 | Independent.ie |
| (stock photo) Eurozone finance ministers got a first reading of the potential impact of the coronavirus on the bloc’s economies today with the release of business confidence data. | 2020-03-24 11:41 | Independent.ie |
| “The eurozone economy suffered an unprecedented collapse in business activity in March as the coronavirus outbreak intensified,” IHS Market said. | 2020-03-24 11:41 | Independent.ie |
| Oil gains over 5 pct on Fed support, hope for US $2 trillion coronavirus deal | 2020-03-24 11:40 | AlArabiya.net MRSS for section Business |
| Oil jumped 5 percent on Tuesday to above $28 a barrel, supported by steps by the US Federal Reserve to bolster the economy and hopes the US will soon reach a deal on a $2 trillion coronavirus aid package. | 2020-03-24 11:40 | AlArabiya.net MRSS for section Business |
| It was not built to be shut down.” His comments highlighted the growing friction between public health experts keen to halt the spread of the coronavirus and White House advisors who see the economy as the priority. | 2020-03-24 11:40 | Foreign Policy |
| In a joint statement, African finance ministers called for $100 billion in stimulus to allow the continent to weather the dual storms of coronavirus and falling oil prices. | 2020-03-24 11:40 | Foreign Policy |
| He said during a Coronavirus Task Force briefing that his administration will reevaluate the 15-day guideline the White House issued last week when that time is up and he will soon issue new guidelines on how to return to a more normalized workforce and economy. | 2020-03-24 11:37 | CBSNews.com - USA |
| The Senate has so far failed to pass procedural votes to advance a coronavirus stimulus package, while House Speaker Nancy Pelosi said she plans to submit her own proposal. | 2020-03-24 11:37 | CBSNews.com - USA |
| Trump: Republicans had coronavirus stimulus deal before Pelosi returned from 'vacation' | 2020-03-24 11:35 | The Hill - All News |
| The pair said that the revised package would be in the ballpark of $2 trillion and would provide direct tax rebates to some Americans and hundreds of billions of dollars for both small businesses and industries that have been rocked by the virus, such as airlines. | 2020-03-24 11:35 | The Hill - All News |
| Major economies Italy, France, Germany and Spain are all deeply affected and have implemented severe social and business restrictions to try to slow the virus's spread, by keeping potential carriers at home. | 2020-03-24 11:34 | Gulf News - UAE |
| China's economy, it noted, was showing tentative signs of recovery. | 2020-03-24 11:34 | Gulf News - UAE |
| The market here has witnessed growth in the last few years, owing to the growing economies of countries and the increasing consumption of lithium for lithium-ion battery manufacturing in countries such as China, Japan, and South Korea. | 2020-03-24 11:27 | Business Wire Manufacturing News |
| Investors eye cracks in US$4.4 trillion US ETF market as virus sell-off rages | 2020-03-24 11:24 | Channel News Asia - Business |
| The virus has shaken Las Vegas’ economy in an unprecedented way, ushering in a new reality for thousands of locals who only recently emerged — some still battered — from the last recession. | 2020-03-24 11:24 | LA Times - World |
| Cabinet approves B117bn stimulus to ease coronavirus impact | 2020-03-24 11:21 | Bangkok Post - Business |
| The cabinet approved on Tuesday a package of stimulus measures worth at least 117 billion baht to try and mitigate the impact of the coronavirus outbreak that has infected more than 800 people in the country. | 2020-03-24 11:21 | Bangkok Post - Business |
| Pakistan's initial economic losses in various sectors have been estimated at Rs 1.3 trillion in the wake of the coronavirus outbreak in the country. | 2020-03-24 11:21 | Times of India - India News |
| The Planning Commission of Pakistan estimated that the size of the country's GDP stood at Rs 44 trillion and one-fourth stood at Rs 11 trillion, so the disruption caused by Coronavirus was expected to cause at least 10 per cent losses in the last quarter (April-June) that would stand at Rs 1.1 trillion at least. | 2020-03-24 11:21 | Times of India - India News |
| Sensex Recovers 693 Pts Amid Govt Measures to Aid Coronavirus-hit Economy | 2020-03-24 11:20 | News18 - Business |
| Former Union Finance Minister P Chidambaram on Tuesday attacked the Modi government for the delay in setting up a Special Economic Task Force to analyse the effects of coronavirus pandemic on Indian economy and to create a road map to reduce the financial strain. | 2020-03-24 11:19 | News18 - Politics |
| In a sign of hope, Chinese authorities said they would finally end a two-month lockdown in hard-hit Hubei province where the coronavirus outbreak first began, while nations in Europe, North America and elsewhere pressed harder to enforce the stay-at-home restrictions placed on 1.5 billion people worldwide. | 2020-03-24 11:11 | Chicago Tribune - World |
| “It’s not a secret we’re at a higher risk.” Labor analysts say that, by straining the economy, the virus is exposing how vulnerable many workers are, and not only those who live paycheck to paycheck. | 2020-03-24 11:08 | LA Times - California |
| Speaking in an earnings call last week, China Mobile chairman Yang Jie said the carrier would build 250,000 base stations this year and dedicate 100 billion yuan ($14.13 billion) to 5G investment. | 2020-03-24 10:53 | Reuters - Technology News |
| Power Up: What to know about the two massive coronavirus stimulus proposals | 2020-03-24 10:52 | Washington Post - Politics |
| House Speaker Nancy Pelosi's $2.5 trillion bill includes $150 billion in funding for the health-care system, including hospitals, community health centers and government health programs — and an additional $80 billion in low-interest loans to hospitals. | 2020-03-24 10:52 | Washington Post - Politics |
| WASHINGTON — President Donald Trump sought to reassure Americans on Monday that guidelines aimed at slowing the spread of coronavirus but that are hurting the economy will be short-lived. | 2020-03-24 10:51 | Detroit Free Press |
| Dan Patrick thinks grandparents should be willing to sacrifice their lives to save the economy Trump, whose hotel business is losing millions, says 'I'll be the oversight' of $500 billion coronavirus 'slush fund' | 2020-03-24 10:50 | The Week |
| Dan Patrick thinks grandparents should be willing to sacrifice their lives to save the economy Trump, whose hotel business is losing millions, says 'I'll be the oversight' of $500 billion coronavirus 'slush fund' | 2020-03-24 10:50 | The Week |
| Dan Patrick thinks grandparents should be willing to sacrifice their lives to save the economy Trump, whose hotel business is losing millions, says 'I'll be the oversight' of $500 billion coronavirus 'slush fund' | 2020-03-24 10:50 | The Week |
| Dan Patrick thinks grandparents should be willing to sacrifice their lives to save the economy Trump, whose hotel business is losing millions, says 'I'll be the oversight' of $500 billion coronavirus 'slush fund' | 2020-03-24 10:50 | The Week |
| Catherine Garcia One of the big sticking points in a $1.8 trillion coronavirus bailout package Senate Republicans are trying to pass is a $500 billion fund for hard-hit businesses and state and local governments. | 2020-03-24 10:50 | The Week |
| 10 things you need to know today: March 24, 2020 Senate Democrats blocked the $2 trillion coronavirus rescue bill from advancing to a full vote for a second straight day on Monday. | 2020-03-24 10:50 | The Week |
| Last Updated Mar 24, 2020 at 3:36 am PDT LONDON — Europe’s economy could shrink by some 10% this year as efforts to contain the spread of the virus outbreak cause a collapse in commercial activity. | 2020-03-24 10:49 | News 1130 (Vancouver) |
| Here’s a look at the latest developments as the coronavirus outbreak tears through the world economy. | 2020-03-24 10:49 | News 1130 (Vancouver) |
| Schumer and Senate Democrats were concerned about $500 billion included in the package intended for loans and loan guarantees for corporations affected by the virus and its fallout. | 2020-03-24 10:48 | The Hill - All News |
| The stimulus package aims to help individuals and businesses who have been affected by the virus. | 2020-03-24 10:48 | The Hill - All News |
| Politician bashed over comments on grandparents dying, virus, economy | 2020-03-24 10:44 | CBSNews.com - Headlines |
| The debate over whether to pause market trading has intensified over the last two weeks, as much of the economy has ground to a halt to prevent the spread of the coronavirus. | 2020-03-24 10:44 | Kaiser Health News |
| Coronavirus live updates: Trump suggests reopening in weeks; $2 trillion stimulus bill stalled; Wuhan to lift lockdown; US deaths near 600 | 2020-03-24 10:42 | USA Today - National Top Stories |
| More headlines: President Donald Trump sought to reassure Americans that guidelines aimed at slowing the spread of coronavirus but that are hurting the economy will be short-lived. | 2020-03-24 10:42 | USA Today - National Top Stories |
| An effort in the Senate to move forward with a nearly $2 trillion economic stimulus package to combat the coronavirus crisis remained stalled over continued disagreements between Republicans and Democrats. | 2020-03-24 10:42 | USA Today - National Top Stories |
| After barring people from leaving or entering Wuhan, authorities swiftly expanded what at the time were unprecedented measures to most of Hubei, with its tens of millions of residents, as well as many other parts of the country of 1.4 billion people. | 2020-03-24 10:41 | TIME |
| US markets have been roiled by the spread of the virus in the country and as states have shut parts of their economies. | 2020-03-24 10:38 | Channel News Asia - Business |
| News of Trump reopening the US economy anytime soon would not be taken well by investors, who remain anxious about the coronavirus’ uncertain trajectory and its economic toll, said Axel Merk, chief investment officer of Merk Investments. | 2020-03-24 10:38 | Channel News Asia - Business |
| But even with all that promised funding, there is no guarantee pain will be any less Hong Kong: Evidence of the devastation wreaked on the global economy by the coronavirus pandemic mounted on Tuesday as activity surveys for March from Australia and Japan showed record falls, with surveys in Europe and the US expected to be just as dire. | 2020-03-24 10:37 | Gulf News - Business |
| “India is a very hot country so when the temperature rises and I have learned that temperatures between 25-26 degrees centigrade can destroy this virus,” says Singh, highlighting a widely held belief in the country of 1.3 billion people. | 2020-03-24 10:27 | Gulf News - World |
| But while people’s health and the immediate welfare of workers caught up in the crisis are paramount, campaigners and experts fear that if the longer-term packages are not carefully designed they will only entrench fossil fuel dependence across the global economy. | 2020-03-24 10:15 | Guardian - Business |
| “Governments are drawing up stimulus plans to counter the economic damage from coronavirus,” said Fatih Birol, the executive director of the International Energy Agency. | 2020-03-24 10:15 | Guardian - Business |
| “These stimulus packages offer an excellent opportunity to ensure that the essential task of building a secure and sustainable energy future doesn’t get lost amid the flurry of immediate priorities.” It is caused by a member of the coronavirus family that has never been encountered before. | 2020-03-24 10:15 | Guardian - Business |
| “Given the state will never again play such a powerful role in our economy, and more broadly the global economy, if there was ever a time to join the dots between responding to the health emergency and the climate and nature emergency then this is it,” said Sauven. | 2020-03-24 10:15 | Guardian - Business |
| But while people’s health and the immediate welfare of workers caught up in the crisis are paramount, campaigners and experts fear that if the longer-term packages are not carefully designed they will only entrench fossil fuel dependence across the global economy. | 2020-03-24 10:15 | Guardian - Business |
| “Governments are drawing up stimulus plans to counter the economic damage from coronavirus,” said Fatih Birol, the executive director of the International Energy Agency. | 2020-03-24 10:15 | Guardian - Business |
| “These stimulus packages offer an excellent opportunity to ensure that the essential task of building a secure and sustainable energy future doesn’t get lost amid the flurry of immediate priorities.” It is caused by a member of the coronavirus family that has never been encountered before. | 2020-03-24 10:15 | Guardian - Business |
| “Given the state will never again play such a powerful role in our economy, and more broadly the global economy, if there was ever a time to join the dots between responding to the health emergency and the climate and nature emergency then this is it,” said Sauven. | 2020-03-24 10:15 | Guardian - Business |
| House Speaker Pelosi unveils $2.5 trillion Democrat coronavirus stimulus plan as Senate bill stagnates | 2020-03-24 10:14 | Fortune |
| Climate Change Push Fuels Split On Coronavirus Stimulus | 2020-03-24 10:13 | NPR News |
| Climate Change Push Fuels Split On Coronavirus Stimulus | 2020-03-24 10:13 | NPR News |
| African nations’ economies are expected to take a severe hit from the coronavirus as borders close and trade drops. | 2020-03-24 10:13 | CityNews Toronto |
| African nations’ economies are expected to take a severe hit from the coronavirus as borders close and trade drops. | 2020-03-24 10:13 | CityNews Toronto |
| After barring people from leaving or entering the city, authorities swiftly expanded what at the time were unprecedented measures to most of Hubei, with its tens of millions of residents, as well as many other parts of the country of 1.4 billion people. | 2020-03-24 10:13 | CityNews Toronto |
| After barring people from leaving or entering the city, authorities swiftly expanded what at the time were unprecedented measures to most of Hubei, with its tens of millions of residents, as well as many other parts of the country of 1.4 billion people. | 2020-03-24 10:13 | CityNews Toronto |
| President Cyril Ramaphosa announced the 21-day lockdown in an address to the nation on Monday, saying Africa’s most advanced economy needed to escalate its response to curb the spread of the outbreak. | 2020-03-24 10:12 | Reuters - Company News |
| President Cyril Ramaphosa announced the 21-day lockdown in an address to the nation on Monday, saying Africa’s most advanced economy needed to escalate its response to curb the spread of the outbreak. | 2020-03-24 10:12 | Reuters - Company News |
| (Reuters) - European shares attempted another rebound on Tuesday as a fresh wave of monetary and fiscal stimulus halted a global selloff in equity markets, but growing evidence of the economic damage from the coronavirus pandemic kept investors on edge. | 2020-03-24 10:12 | Reuters - Company News |
| “If the global economy is a tin bucket filled with water, the coronavirus outbreak has drilled multiple holes into it and monetary policy bazookas are unable to stop the water from leaking away,” said Lukman Otunuga, senior research analyst at FXTM. | 2020-03-24 10:12 | Reuters - Company News |
| (Reuters) - European shares attempted another rebound on Tuesday as a fresh wave of monetary and fiscal stimulus halted a global selloff in equity markets, but growing evidence of the economic damage from the coronavirus pandemic kept investors on edge. | 2020-03-24 10:12 | Reuters - Company News |
| “If the global economy is a tin bucket filled with water, the coronavirus outbreak has drilled multiple holes into it and monetary policy bazookas are unable to stop the water from leaking away,” said Lukman Otunuga, senior research analyst at FXTM. | 2020-03-24 10:12 | Reuters - Company News |
| Just how much the virus is ravaging the global economy is evident in a series of growth forecast downgrades and advance readings of purchasing managers indexes (PMI) across the world’s biggest economies. | 2020-03-24 10:12 | Reuters - Company News |
| Just how much the virus is ravaging the global economy is evident in a series of growth forecast downgrades and advance readings of purchasing managers indexes (PMI) across the world’s biggest economies. | 2020-03-24 10:12 | Reuters - Company News |
| Whenever it is held, the emphasis of the annual two-week negotiations - known as a COP - may shift toward exploring how post-virus stimulus packages could be used to shift away from fossil fuels toward a low-carbon future, he added. | 2020-03-24 10:09 | Reuters - World News |
| Forbearance Over Foreclosure: Lenders Encouraged To Play Nice As Coronavirus Hammers Economy | 2020-03-24 10:07 | Bisnow |
| Coronavirus updates: Leaders grapple to save lives, and the economy | 2020-03-24 10:05 | CBSNews.com - World |
| Top congressional and White House officials emerged from grueling negotiations at the Capitol over the nearly $2 trillion coronavirus rescue package saying they expected to reach a deal Tuesday. | 2020-03-24 10:05 | CBSNews.com - World |
| Coronavirus updates: Leaders grapple to save lives, and the economy | 2020-03-24 10:05 | CBSNews.com - World |
| Top congressional and White House officials emerged from grueling negotiations at the Capitol over the nearly $2 trillion coronavirus rescue package saying they expected to reach a deal Tuesday. | 2020-03-24 10:05 | CBSNews.com - World |
| Due to the uncertainty in the industry and economy caused by coronavirus, it is difficult to forecast the future of the business. | 2020-03-24 09:56 | GlobeNewswire - Public Companies |
| In 2012, Boston Magazine bestowed an unwelcome title: “City of the Damned.” Now the coronavirus pandemic has cast an additional pall over Lawrence, as it has on the rest of the economy. | 2020-03-24 09:47 | NY Times - Business News |
| Hung Thinh Corporation donates VND20 billion to fight coronavirus | 2020-03-24 09:19 | Vietnam Breaking News |
| Last Updated Mar 24, 2020 at 5:16 am EDT CAIRO — Libya’s oil company says economic fallout from a protracted blockade of its vital oil facilities has resulted in losses surpassing $3.5 billion at a time when the war-torn country struggles to prevent the new coronavirus. | 2020-03-24 09:18 | CityNews Toronto |
| MILAN/MADRID/FRANKFURT (Reuters) - Corrado Sforza Fogliani is on the frontlines of European efforts to keep the region’s economy alive amid the coronavirus pandemic. | 2020-03-24 09:17 | Reuters - Company News |
| In Spain, where virus deaths have surpassed 2,000, there is confusion about how much lenders must share in the burden of 100 billion euros in state-backed credit lines. | 2020-03-24 09:17 | Reuters - Company News |
| Germany, whose export-dependent economy is highly exposed to the supply chain problems caused by the coronavirus, is offering unlimited funds to companies through its KfW bank, which was founded to finance the nation’s rebuilding after World War II. | 2020-03-24 09:17 | Reuters - Company News |
| Norway said on March 19 Norwegian Air could obtain credit guarantees worth up to 3 billion crowns to help weather the coronavirus crisis, but the airline must first meet a series of conditions. | 2020-03-24 09:17 | Reuters - Company News |
| The March “flash” purchasing managers’ index released at 0930 GMT was in focus for early signs of how the coronavirus outbreak is impacting the economy. | 2020-03-24 09:17 | Reuters - Company News |
| Norway said on March 19 that Norwegian Air could obtain credit guarantees worth up to 3 billion crowns to help it weather the coronavirus crisis subject to a series of conditions. | 2020-03-24 09:17 | Reuters - Company News |
| Speaking in an earnings call last week, China Mobile chairman Yang Jie said the carrier would build 250,000 base stations this year and dedicate 100 billion yuan ($14.13 billion) to 5G investment. | 2020-03-24 09:16 | Reuters - Technology News |
| On Monday, Chung bought 19 billion won worth of stocks in the two affiliates to support their prices as their businesses have been hit hard by the growing impact of the COVID-19 outbreak. | 2020-03-24 09:14 | Yonhap News Agency |
| SEOUL, March 24 (Yonhap) -- South Korean stocks rebounded sharply on Tuesday following the government's expanded financial aid package and stimulus measures around the globe to tackle the economic fallout from the novel coronavirus pandemic. | 2020-03-24 09:14 | Yonhap News Agency |
| The budget deficit could blow out to $160 billion next financial year, Westpac believes, as stimulus measures and a collapse in tax revenues due to the coronavirus pandemic wreak havoc on the Morrison government's fiscal strategy. | 2020-03-24 09:11 | The Sydney Morning Herald - Latest News |
| The government has put forward $1.2 billion of a $4 billion coronavirus package towards a plan to bring on more paramedics, expand fever clinics and provide "hundreds more beds if and when needed". | 2020-03-24 09:11 | The Sydney Morning Herald - Latest News |
| The debate over whether to pause market trading has intensified over the last two weeks, as much of the economy has ground to a halt to prevent the spread of the coronavirus. | 2020-03-24 09:11 | Politico - Economy |
| The coronavirus pandemic is putting words in the mouths of billions of people worldwide. | 2020-03-24 09:10 | CNET |
| KABUL, Afghanistan (AP) — Washington’s unprecedented threat to cut $1 billion in Afghanistan funding — a response to the refusal of rivals in Kabul to work together to advance peace — comes at a time when the impoverished nation risks being overwhelmed by the coronavirus pandemic. | 2020-03-24 09:06 | The Seattle Times |
| Top congressional and White House officials negotiating a two trillion dollar (£1.72 trillion) coronavirus rescue package say they expect to reach a deal some time on Tuesday. | 2020-03-24 09:06 | Independent.ie |
| Senate Minority Leader Chuck Schumer said from the Senate floor that he had “very good” discussions with Treasury Secretary Steven Mnuchin, who is leading the talks on the Republican side, and that the list of outstanding issues has narrowed “significantly.” The backdrop for the gains came as the Federal Reserve on Monday said it would buy an unlimited amount of Treasurys and mortgage-backed securities, starting with $125 billion every business day this week. | 2020-03-24 09:03 | Market Watch - Top Stories |
| Kenya: What New Coronavirus Means For Economy | 2020-03-24 08:13 | AllAfrica News |
| Coronavirus economy shutters rural newspapers | 2020-03-24 08:06 | The Sydney Morning Herald - Latest News |
| Naturally, the longer this takes, the further back is the starting point for all affected economies.” The number of new COVID-19 cases reported by Italian authorities to the World Health Organisation declined on Tuesday for the first time from 6557 to 5560, and the number of deaths per day declined from 795 to 649. | 2020-03-24 07:38 | The Sydney Morning Herald - Business |
| "Despite the impact of the coronavirus, resources and energy exports are on track to reach nearly$300 billion this financial year, surpassing the previous record by $18 billion," Mr Pitt said. | 2020-03-24 07:38 | The Sydney Morning Herald - Business |
| South Korea Doubles Coronavirus Rescue Package to 100 Trillion Won | 2020-03-24 07:37 | News18 - World News |
| South Korea doubles coronavirus rescue package to $80 billion | 2020-03-24 06:46 | Reuters - Health |
| RIYADH (Reuters) - Leaders from the Group of 20 major economies will convene a video conference on Thursday to discuss the coronavirus epidemic, multiple sources told Reuters, amid criticism that the group has been slow to respond to the global crisis. | 2020-03-24 06:46 | Reuters - Health |
| “This is because the introduction of fiscal stimulus measures may raise the risk of a debt crisis once the coronavirus epidemic is over; such a prospect would have a devastating effect on global growth,” she said. | 2020-03-24 06:46 | Reuters - Health |
| In global fight vs. virus, over 1.5 billion told to stay home | 2020-03-24 06:40 | Japan Times - Top Stories |
| Negotiators close on nearly $2 trillion virus aid package | 2020-03-24 06:15 | The Mercury News |
| By LISA MASCARO, ANDREW TAYLOR and JONATHAN LEMIRE | The Associated Press WASHINGTON — Top congressional and White House officials emerged from grueling negotiations at the Capitol over the nearly $2 trillion coronavirus rescue package saying they expected to reach a deal Tuesday. | 2020-03-24 06:15 | The Mercury News |
| Tensions flared Monday as Washington strained to respond to the worsening coronavirus outbreak, with Congress arguing over a nearly $2 trillion economic rescue package and an impatient President Donald Trump musing openly about letting the 15-day shutdown expire next Monday, March 30. | 2020-03-24 06:15 | The Mercury News |
| “Well, start acting like one.” On the economic front, the Federal Reserve announced Monday it will lend to small and large businesses and local governments as well as extend its bond-buying programs as part of a series of sweeping steps to support the flow of credit through an economy ravaged by the viral outbreak. | 2020-03-24 06:15 | The Mercury News |
| On Monday, Chung bought 19 billion won worth of stocks in Hyundai Motor and auto parts affiliate Hyundai Mobis Co. to support their prices as the businesses have been hit hard by the growing impact of the coronavirus outbreak. | 2020-03-24 06:11 | Yonhap News Agency |
| SINGAPORE/MELBOURNE (Reuters) - Oil prices rose on Tuesday on hopes that the United States will reach a deal soon on a $2 trillion coronavirus aid package which could blunt the economic impact of the outbreak and in turn support oil demand. | 2020-03-24 06:04 | Reuters - Company News |
| GLOBAL-ECONOMY-Surveys show coronavirus pandemic savaging global economy | 2020-03-24 06:04 | Reuters - Company News |
| HONG KONG (Reuters) - Evidence of the devastation wreaked on the global economy by the coronavirus pandemic mounted on Tuesday as activity surveys for March from Australia and Japan showed record falls, with surveys in Europe and the United States expected to be just as dire. | 2020-03-24 06:04 | Reuters - Company News |
| After an initial outbreak in China brought the world’s second largest economy to a virtual halt last month, an ever growing number of countries and territories have reported a spike in infections and deaths in March. | 2020-03-24 06:04 | Reuters - Company News |
| “Most importantly, we don’t see the economy producing quarterly output in dollar terms equal to the pre-coronavirus period until Q4 2021.” The total number of coronavirus cases in Australia skyrocketed to almost 2,000 on Tuesday after the most populous state of New South Wales recorded its biggest daily leap. | 2020-03-24 06:04 | Reuters - Company News |
| The Fed announced unlimited quantitative easing and programs to support credit markets on Monday in a drastic bid to backstop an economy reeling from emergency restrictions on commerce to fight the coronavirus. | 2020-03-24 06:02 | Reuters - Business |
| Market players are looking to a raft of business sentiment surveys in Europe due later in the day for a glimpse of how the virus is affecting the real economy. | 2020-03-24 06:02 | Reuters - Business |
| SINGAPORE/MELBOURNE (Reuters) - Oil prices rose on Tuesday on hopes that the United States will reach a deal soon on a $2 trillion coronavirus aid package which could blunt the economic impact of the outbreak and in turn support oil demand. | 2020-03-24 06:02 | Reuters - Business |
| Catherine Garcia One of the big sticking points in a $1.8 trillion coronavirus bailout package Senate Republicans are trying to pass is a $500 billion fund for hard-hit businesses and state and local governments. | 2020-03-24 05:58 | The Week |
| Dan Patrick (R) seems to think that if given the choice, Americans 70 and over would be willing to risk getting coronavirus and possibly dying if it means stores re-open and the economy rebounds. | 2020-03-24 05:58 | The Week |
| "People get tremendous anxiety and depression and you have suicide over things like this, when you have a terrible economy you have death, definitely would be in far greater numbers than we're talking about with regard to the virus. | 2020-03-24 05:58 | The Week |
| Mnuchin hopes deal is 'very close' on $2-trillion coronavirus aid package in U.S. Senate | 2020-03-24 05:53 | Reuters - Top News |
| —US working on $2 trillion coronavirus rescue package. | 2020-03-24 05:51 | 660 News (Calgary) |
| WASHINGTON — Top congressional and White House officials negotiating the $2 trillion coronavirus rescue package say they expect to reach a deal sometime Tuesday. | 2020-03-24 05:51 | 660 News (Calgary) |
| Coronavirus Live Updates: Democrats and Treasury Say They Are Close to Deal on $2 Trillion Package | 2020-03-24 05:47 | NY Times - World News |
| The Senate’s top Democrat and the treasury secretary said on Monday night they were close to a deal on a nearly $2 trillion economic stabilization package to respond to the coronavirus pandemic. | 2020-03-24 05:47 | NY Times - World News |
| But with the virus is accelerating its spread globally and Europe now reporting more cases than China, the world's second-largest economy will struggle to resume full activity. | 2020-03-24 05:23 | Gulf News - World |
| China's economy has been hammered by the outbreak and the aggressive containment measures. | 2020-03-24 05:23 | Gulf News - World |
| Italy has sacrificed its economy and liberties by closing and banning almost everything to halt the spread of a virus the government views as an existential threat. | 2020-03-24 05:22 | Gulf News - World |
| The coronavirus fallout has already ravaged the local economy and caused significant job losses. | 2020-03-24 05:21 | The Mercury News |
| South Korea doubles rescue package to $80 billion amid coronavirus woes | 2020-03-24 05:20 | Reuters - World News |
| South Korea doubles coronavirus rescue package to 100 trillion won | 2020-03-24 05:17 | Reuters - Health |
| Many of the Vision Fund's biggest bets lie in what's known as the sharing economy, which has been particularly hard-hit by a virus that's causing millions of people to stay indoors and slash travel spending. | 2020-03-24 05:17 | Straits Times - Business |
| Latest news and trends about tech in China Heytea, one of China’s largest tea beverage chains, is reportedly closing a new round of financing which will valuate the business north of RMB 16 billion ($2.3 billion), up from its last valuation of RMB 9 billion in July. | 2020-03-24 05:13 | Technode |
| $2T Coronavirus Stimulus Package Stalled Further As Senate Clashes Over Specifics | 2020-03-24 05:11 | Benzinga |
| The United States Senate remained divided along party lines over an economic stimulus package to counter the novel coronavirus (COVID-19) outbreak again on Monday. | 2020-03-24 05:11 | Benzinga |
| House Speaker Nancy Pelosi released her own version of the coronavirus stimulus that included more funds for states to conduct elections by mail during the pandemic, Politico reported. | 2020-03-24 05:11 | Benzinga |
| Republicans and Democrats were still struggling on Monday to reach agreement on a far-reaching coronavirus stimulus package, including the airline aid, after failing to reach a deal over the weekend. | 2020-03-24 05:11 | Reuters - Business |
| Several Mexican business lobbies blasted the vote, saying it would generate uncertainty and hurt investment at a time when Mexico’s economy is weak and at risk from the coronavirus pandemic. | 2020-03-24 05:11 | Reuters - Business |
| Comments on Fox News come after Trump, Kudlow suggest economic cost of nationwide shutdown to stop coronavirus may not be worth it As the coronavirus outbreak batters the economy and businesses close, Texas Lt. Gov. | 2020-03-24 05:10 | Market Watch - Top Stories |
| The Time Commerce Secretary Wilbur Ross Said Coronavirus Would Be Good for the US Economy (Video) | 2020-03-24 05:07 | The Wrap |
| Dan Patrick (R) seems to think that if given the choice, Americans 70 and over would be willing to risk getting coronavirus and possibly dying if it means stores re-open and the economy rebounds. | 2020-03-24 05:06 | The Week |
| Catherine Garcia One of the big sticking points in a $1.8 trillion coronavirus bailout package Senate Republicans are trying to pass is a $500 billion fund for hard-hit businesses and state and local governments. | 2020-03-24 05:06 | The Week |
| "People get tremendous anxiety and depression and you have suicide over things like this, when you have a terrible economy you have death, definitely would be in far greater numbers than we're talking about with regard to the virus. | 2020-03-24 05:06 | The Week |
| Trump, whose hotel business is losing millions, says 'I'll be the oversight' of $500 billion coronavirus 'slush fund' | 2020-03-24 05:06 | The Week |
| Dan Patrick (R) seems to think that if given the choice, Americans 70 and over would be willing to risk getting coronavirus and possibly dying if it means stores re-open and the economy rebounds. | 2020-03-24 05:06 | The Week |
| "People get tremendous anxiety and depression and you have suicide over things like this, when you have a terrible economy you have death, definitely would be in far greater numbers than we're talking about with regard to the virus. | 2020-03-24 05:06 | The Week |
| Catherine Garcia One of the big sticking points in a $1.8 trillion coronavirus bailout package Senate Republicans are trying to pass is a $500 billion fund for hard-hit businesses and state and local governments. | 2020-03-24 05:06 | The Week |
| Dan Patrick (R) seems to think that if given the choice, Americans 70 and over would be willing to risk getting coronavirus and possibly dying if it means stores re-open and the economy rebounds. | 2020-03-24 05:06 | The Week |
| "People get tremendous anxiety and depression and you have suicide over things like this, when you have a terrible economy you have death, definitely would be in far greater numbers than we're talking about with regard to the virus. | 2020-03-24 05:06 | The Week |
| Millions of dollars are being poured into the Australian economy to offset the damage being done to businesses and employment by the coronavirus pandemic. | 2020-03-24 05:03 | The Sydney Morning Herald - Latest News |
| Dow dives 582 points as impatience over pending coronavirus bill outweighs new Fed stimulus | 2020-03-24 05:02 | Business Insider Singapore |
| And the outbreak could come surging back once people return to their normal routines of commuting, working, dining out and socializing — further stressing the economy. | 2020-03-24 05:01 | 660 News (Calgary) |
| “There is no functioning economy unless we control the virus,” he warned on Twitter. | 2020-03-24 05:01 | 660 News (Calgary) |
| He said he has been urging his former colleagues to selectively open the economy in ways that minimize the public health risk with more testing and, for instance, taking people’s temperature in public places, as they are now doing in other countries. | 2020-03-24 05:01 | 660 News (Calgary) |
| “Anything that slows the spread of the virus is by far the best thing to restore the economy,” Goolsbee wrote on Twitter. | 2020-03-24 05:01 | 660 News (Calgary) |
| These improvements in global health security are credit to the efforts of many people, including those in the health ministries and public health infrastructures of APEC economies. | 2020-03-24 05:01 | Modern Diplomacy |
| The APEC Health Working Group will also consider how the Group’s efforts can encourage economies to take action to further enhance the resilience, scalability and sustainability of health systems to promote healthy economies and people. | 2020-03-24 05:01 | Modern Diplomacy |
| The S&P 500 fell about 3 percent Monday, adding to a 15 percent plunge last week as traders remained cautious about the Fed’s ability to shift the trajectory of an economy that appears to be in free-fall because of the coronavirus crisis. | 2020-03-24 04:59 | NY Times - Business News |
| Despite a rising death toll, US president Donald Trump vows to 'open up our country' in a matter of weeks, not months, as the coronavirus crisis hits the economy. | 2020-03-24 04:59 | Guardian - World |
| WASHINGTON (AP) — With at least two members of the House testing positive for coronavirus, Democrats are recommending that they pass a nearly $2 trillion economic rescue passage by unanimous consent, meaning no lawmakers would have to be present for the vote. | 2020-03-24 04:57 | The Seattle Times |
| Experts say Inslee’s stay-at-home order will add to Seattle economy’s coronavirus-induced pain | 2020-03-24 04:57 | The Seattle Times |
| What is clear is that governor’s order plays into a substantial broadening of the economic consequences of the coronavirus that will leave no part of the regional economy unchanged. | 2020-03-24 04:57 | The Seattle Times |
| WASHINGTON (AP) — The Federal Reserve took several aggressive steps Monday to support an economy ravaged by the effects of the coronavirus. | 2020-03-24 04:57 | The Seattle Times |
| WASHINGTON (AP) — The coronavirus pandemic and the nation’s crashing economy are scrambling the themes both political parties thought would carry them to victory in November for control of the White House and Congress. | 2020-03-24 04:57 | The Seattle Times |
| Republican Mike Garcia and Democrat Christy Smith face a special election in May, when voters seem certain to still be focused on the virus and the battered economy. | 2020-03-24 04:57 | The Seattle Times |
| REUTERS/Heo Ran Washington: The world economy is facing "severe" economic damage from the coronavirus pandemic that could be even more costly than in 2009 and will require an unprecedented response, IMF chief Kristalina Georgieva said Monday. | 2020-03-24 04:54 | News18 - Business |
| The global economy contracted by 0.6 percent in 2009 as a result of the 2008 global financial crisis, but major emerging markets like China and India at the time were growing at a rapid rate. | 2020-03-24 04:54 | News18 - Business |
| Gold Rises Over 1% as US Fed Ramps Up Support Measures to Boost Coronavirus-stricken Economy | 2020-03-24 04:54 | News18 - Business |
| (AP Photo/Mark Lennihan, File) Washington: The Federal Reserve launched an unprecedented effort on Monday to flood the US economy with money amid the chaos caused by the coronavirus pandemic, as Congress debated a rescue plan for American workers and companies. | 2020-03-24 04:54 | News18 - Business |
| About a third of Americans have been ordered to stay at home, and the Fed warned of "severe disruptions" from the virus as it rolled out another series of measures to pump funds into the economy, including buying unlimited amounts of government debt -- a move akin to printing money. | 2020-03-24 04:54 | News18 - Business |
| In addition, the Fed said it would soon unveil a program to lend directly to small- and medium-sized companies -- those that have been hardest hit by the near complete shutdown of the US economy as authorities fight to contain the spread of the virus. | 2020-03-24 04:54 | News18 - Business |
| However, traders said there are still concerns over the impact of coronavirus outbreak on the domestic as well as global economy. | 2020-03-24 04:54 | News18 - Business |
| “The San Diego Convention Center is a centerpiece of San Diego’s economy, and during this pandemic, it will be a centerpiece in our fight against the coronavirus,” Mayor Kevin Faulconer said at a Monday press conference at Golden Hall. | 2020-03-24 04:54 | San Diego Tribune |
| "If we can take some pressure off the economy, fine, but my primary focus is to make sure the virus is contained and defeated. | 2020-03-24 04:54 | France24 (English) |
| The Federal Reserve on Monday rolled out an extraordinary array of programs to backstop an economy reeling from sweeping restrictions on people and businesses that scientists say are needed to limit the spread of the coronavirus. | 2020-03-24 04:54 | France24 (English) |
| While Trump ponders ways to reopen at least parts of the economy, some advisers are warning that the spread of the virus is worsening. | 2020-03-24 04:54 | France24 (English) |
| Moore told Reuters on Monday there is a re-examination in the White House of the wisdom of “a full scale … shutdown of the economy.” He said there were some who thought that “if we go on too long with the economy shut down, the human toll for that could be greater than the risk of the virus." | 2020-03-24 04:54 | France24 (English) |
| Chartbeat analyzed more than 80 billion pageviews across its network across Monday-Wednesday (March 16-18) compared to the prior Monday-Wednesday and dug into the data for Digiday: The number of articles about coronavirus published per day peaked on Mar. | 2020-03-24 04:52 | Digiday |
| [ON-SCREEN HEADLINE: Breaking News; Economic Emergency; Political Deadlock Over Huge Coronavirus Relief Bill] MARY BRUCE: Tonight on Capitol Hill, frantic negotiations over the nearly $2 trillion bill to rescue the American economy. | 2020-03-24 04:51 | NewsBusters |
| An effort in the Senate to move forward with a nearly $2 trillion economic stimulus package to combat the coronavirus crisis has stalled for the second day over continued disagreements between Republicans and Democrats. | 2020-03-24 04:49 | USA Today - National Top Stories |
| Texas Lt. Gov Dan Patrick (R) on Monday said that he is willing to take a chance on his survival as a senior citizen for the good of the country’s economy amid the coronavirus outbreak and added that thinks “there are lots of grandparents out there in this country” who feel the same way. | 2020-03-24 04:46 | The Hill - All News |
| Congressional leaders are still negotiating with the Trump administration on a third stimulus package to help boost the economy reeling from the coronavirus epidemic. | 2020-03-24 04:46 | The Hill - All News |
| Mnuchin, Schumer brief Trump, expect coronavirus stimulus deal Tuesday | 2020-03-24 04:46 | The Hill - All News |
| “Republicans had a deal until Nancy PelosiNancy PelosiDemocrats block McConnell from holding Monday morning vote on coronavirus bill Blame game heats up as Senate motion fails McConnell rips Democrats for blocking coronavirus stimulus package MORE rode into town from her extended vacation. | 2020-03-24 04:46 | The Hill - All News |
| By providing households and businesses with funding to bridge the mandated business disruptions, the economy can normalize more swiftly after the virus subsides, and avoid the longer-term economic damage that can result from a wave of bankruptcies and a rise in number of long-term unemployed. | 2020-03-24 04:43 | PIMCO Blog |
| Democrat proposals say loans should be tied to strict carbon offset targets Washington: US Airlines would get $37 billion in grants to keep workers on the job as part of a $71 billion package to rescue carriers and airports struggling with the coronavirus outbreak, but the airlines would be required to adhere to new emissions requirements under a plan released by House Democrats. | 2020-03-24 04:40 | Gulf News - Business |
| The measure would also provide as much as $21 billion in loans to help air carriers continue operations amid plummeting travel because of the virus. | 2020-03-24 04:40 | Gulf News - Business |
| The plan differs substantially from a rival virus stimulus package released last week by Senate Republicans. | 2020-03-24 04:40 | Gulf News - Business |
| The Fed announced unlimited quantitative easing and programmes to support credit markets in a drastic bid to backstop an economy reeling from emergency restrictions on commerce to fight the coronavirus. | 2020-03-24 04:40 | Gulf News - Business |
| Queensland Premier Annastacia Palaszczuk and Deputy Premier Jackie Trad reveal details of the government's $4 billion coronavirus relief package. | 2020-03-24 04:39 | The Sydney Morning Herald - National |
| Washington: Finance ministers and central bankers from the world's 20 largest economies agreed on Monday to develop an "action plan" to respond to a coronavirus pandemic that the IMF now expects to trigger a global recession, but they offered no specifics. | 2020-03-24 04:39 | News18 - World News |
| Won't Allow Long-Lasting Damage to US Economy from Coronavirus, Says Trump | 2020-03-24 04:39 | News18 - World News |
| Washington: US President Donald Trump said on Monday he will not allow the coronavirus to do long-lasting damage to the US economy and that he would consider how to move forward after a 15-day shutdown ends next week. | 2020-03-24 04:39 | News18 - World News |
| U.S. negotiators say have not reached coronavirus stimulus deal, but close to it | 2020-03-24 04:30 | Reuters - Politics |
| Chancellor Angela Merkel was on Sunday in quarantine after meeting a doctor who tested positive for the novel coronavirus, as Germany further tightens rules on public gatherings and plots a taboo-breaking package of support for Europe's top economy. | 2020-03-24 03:09 | The Daily Star - World |
| US President Donald Trump ordered thousands of emergency hospital beds set up at American coronavirus hotspots but a trillion-dollar economic rescue package crashed, as pandemic deaths soared across the globe. | 2020-03-24 03:09 | The Daily Star - World |
| Highlighting the desperation inside the world's biggest economy, the mayor of New York said his city was just 10 days away from running out of ventilators. | 2020-03-24 03:09 | The Daily Star - World |
| Malaysian Prime Minister Muhyiddin Yassin said the government may consider extending movement restrictions by up to two weeks, and would announce more economic stimulus to soften the blow from the coronavirus and weak oil prices. | 2020-03-24 03:09 | The Daily Star - World |
| Several Mexican business lobbies blasted the vote, saying it would generate uncertainty and hurt investment at a time when Mexico’s economy is weak and at risk from the coronavirus pandemic. | 2020-03-24 03:06 | Reuters - Company News |
| UPDATE 9-Mnuchin expresses hope a deal is 'very close' on $2 trillion coronavirus aid package in U.S. Senate | 2020-03-24 03:06 | Reuters - Company News |
| With the coronavirus outbreak intensifying, asset managers are getting squeezed by a record outflow from bond funds and billions more from stock funds. | 2020-03-24 03:05 | Washington Post - Business |
| So far, the coronavirus has cost global stocks about $26 trillion, or roughly 30% of their market value, from their late-February peak. | 2020-03-24 03:05 | Washington Post - Business |
| In global fight vs. virus, over 1.5 billion told: Stay home | 2020-03-24 03:04 | The Federal News Network |
| House Democrats released their own stimulus plan for coronavirus tonight. | 2020-03-24 02:50 | Mother Jones |
| House Democrats just introduced their $2.5 trillion coronavirus stimulus package. | 2020-03-24 02:50 | Mother Jones |
| Postal Service could be gone by June unless Congress immediately delivers billions of dollars to counteract the impact of the coronavirus crisis, a House committee chairwoman warned Monday night. | 2020-03-24 02:48 | Politico - Congress |
| Maloney and Connolly noted that the House's $2.5 trillion coronavirus relief package would send $25 billion to the Postal Service in emergency funding and eliminate the Postal Service's $11 billion debt. | 2020-03-24 02:48 | Politico - Congress |
| These improvements in global health security are credit to the efforts of many people, including those in the health ministries and public health infrastructures of APEC economies. | 2020-03-24 02:46 | Modern Diplomacy |
| The APEC Health Working Group will also consider how the Group’s efforts can encourage economies to take action to further enhance the resilience, scalability and sustainability of health systems to promote healthy economies and people. | 2020-03-24 02:46 | Modern Diplomacy |
| Mnuchin expresses hope a deal is 'very close' on $2 trillion coronavirus aid package in U.S. Senate | 2020-03-24 02:45 | Reuters - U.S. |
| Northwest Harvest Development Director Laura Hamilton is bracing for unprecedented demand for food from her nonprofit relief agency as the coronavirus pandemic wreaks havoc on the economy. | 2020-03-24 02:41 | The Seattle Times |
| And the outbreak could come surging back once people return to their normal routines of commuting, working, dining out and socialising — further stressing the economy. | 2020-03-24 02:41 | Independent.ie |
| “There is no functioning economy unless we control the virus,” he warned on Twitter. | 2020-03-24 02:41 | Independent.ie |
| Texas Lt. Gov. Dan Patrick says a failing economy is worse than coronavirus | 2020-03-24 02:34 | Texas Tribune |
| Congress Again Fails to Agree on $2 Trillion Coronavirus Aid Package | 2020-03-24 02:31 | TIME |
| (WASHINGTON) — Tensions flared Monday as Washington strained to respond to the worsening coronavirus outbreak, with Congress arguing over a nearly $2 trillion economic rescue package and an impatient President Donald Trump musing openly about letting the 15-day shutdown expire. | 2020-03-24 02:31 | TIME |
| “Well, start acting like one.” On the economic front, the Federal Reserve announced Monday it will lend to small and large businesses and local governments as well as extend its bond-buying programs as part of a series of sweeping steps to support the flow of credit through an economy ravaged by the viral outbreak. | 2020-03-24 02:31 | TIME |
| Senate on cusp of coronavirus stimulus deal after agreements in key areas | 2020-03-24 02:31 | The Hill - All News |
| USD 2 Trillion Coronavirus Aid Package Stalls in U.S. Senate | 2020-03-24 02:24 | News18 - World News |
| REUTERS/Mary F. Calvert Washington: A far-reaching coronavirus economic stimulus package remained stalled in the US Senate on Monday as Democrats said it contained too little money for states and hospitals and not enough restrictions on a fund to help big businesses. | 2020-03-24 02:24 | News18 - World News |
| The Coronavirus has already shut down entire cities and countries and disrupted the livelihoods of billions of people around the world. | 2020-03-24 02:18 | Geekwire |
| I feel hopeful that China’s apparent success at reducing the spread of the Coronavirus and restarting their enormous economy may provide a blueprint for our future, as well. | 2020-03-24 02:18 | Geekwire |
| A large share of 2021 spending will be focused on spurring local consumption and revitalizing the economy as it faces an extended slump caused by the virus outbreak. | 2020-03-24 02:16 | Yonhap News Agency |
| These are external links and will open in a new window Freelance workers feel they have been forgotten, after hearing about the latest financial measures announced by the UK government on Friday to bolster the economy against the impact of the coronavirus outbreak. | 2020-03-24 02:16 | BBC News - Business |
| According to the IPSE, prior to the coronavirus outbreak, self-employed people contributed £305bn to the British economy. | 2020-03-24 02:16 | BBC News - Business |
| “That’s going to hurt.” Before the spreading respiratory virus upended American life by shutting down a large swath of the economy and curtailing social activity, Biden’s crowds were growing larger. | 2020-03-24 02:13 | Reuters - Politics |
| Biden supporter and former Paramount Pictures boss Sherry Lansing said all kinds of fundraising were going to become more difficult as people focus their charitable donations on coronavirus causes and as the faltering economy cuts into incomes. | 2020-03-24 02:13 | Reuters - Politics |
| Gulf economies rocked by coronavirus and oil price war | 2020-03-24 02:13 | FT |
| President Trump, under growing pressure to rescue an economy in free fall, said Monday that he may soon loosen federal guidelines for social distancing and encourage shuttered businesses to reopen — defying public health experts, who have warned that doing so risks accelerating the spread of the novel coronavirus or even allowing it to rebound. | 2020-03-24 02:13 | Washington Post - Politics |
| The various arguments, which are gaining traction across the political right, can be boiled down to this: No matter how many people may lose their lives to the coronavirus, many millions more stand to lose their jobs and face ruin if the economy does not reopen. | 2020-03-24 02:13 | Washington Post - Politics |
| He announced that the administration was developing new protocols to allow local economies outside of what he called “hot spots” of the coronavirus spread to resume activity and would make a decision at the conclusion of the current 15-day period. | 2020-03-24 02:13 | Washington Post - Politics |
| Still, Trump is fixated on the economy — alarmed by the effects of the coronavirus so far and concerned about the impact of long-term contraction and surging unemployment on his reelection chances in November, according to people familiar with his discussions. | 2020-03-24 02:13 | Washington Post - Politics |
| "I know it's [the coronavirus] hurting small business, but Spectrum is not a small business, it's a legit billion-dollar company." | 2020-03-24 02:12 | Buzzfeed |
| Compass, the real-estate brokerage startup backed by roughly $1.6 billion in venture funding, has laid off 15% of its staff as a result of the shifting economic fortunes created by the global response to the novel coronavirus pandemic, according to an internal email seen by TechCrunch. | 2020-03-24 02:07 | TechCrunch |
| “I feel hopeful that China’s apparent success at reducing the spread of the Coronavirus and restarting their enormous economy may provide a blueprint for our future, as well,” Reffkin wrote. | 2020-03-24 02:07 | TechCrunch |
| The only hurdles for SoftBank in terms of fulfilling the deal are the struggles with its Vision Fund, which have cropped up recently as the coronavirus pandemic has dealt crucial blows to almost every sector of the economy. | 2020-03-24 02:03 | PYMNTS.com |
| Catherine Garcia One of the big sticking points in a $1.8 trillion coronavirus bailout package Senate Republicans are trying to pass is a $500 billion fund for hard-hit businesses and state and local governments. | 2020-03-24 02:02 | The Week |
| Dan Patrick (R) seems to think that if given the choice, Americans 70 and over would be willing to risk getting coronavirus and possibly dying if it means stores re-open and the economy rebounds. | 2020-03-24 02:02 | The Week |
| "People get tremendous anxiety and depression and you have suicide over things like this, when you have a terrible economy you have death, definitely would be in far greater numbers than we're talking about with regard to the virus. | 2020-03-24 02:02 | The Week |
| President Trump on Monday said that it was crucial to get the country’s economy up and running as soon as possible amid the coronavirus pandemic spreading across the nation — but he stopped short of predicting when that might be. | 2020-03-24 02:00 | The NY Post |
| We are not going to let it turn into a long-lasting financial problem.” Trump even predicted that more people could die from suicide and despair than would perish from the virus if the economy were shut down for too long. | 2020-03-24 02:00 | The NY Post |
| | J. Scott Applewhite/AP Photo The chairman of the House Rules Committee is recommending against bringing lawmakers back to Washington to vote on the nearly $2 trillion coronavirus stimulus package. | 2020-03-24 01:59 | Politico - Congress |
| Warren Buffett’s Berkshire Hathaway may have racked up $80 billion in coronavirus losses on its 10 biggest investments | 2020-03-24 01:58 | Business Insider Singapore |
| In September 2019 Iran and China signed a package of agreements which envisages China’s 400 billion dollar worth investments in Iranian economy within the next 25 years. | 2020-03-24 01:57 | Modern Diplomacy |
| “Don’t do that.” Patrick said he feared that public health restrictions to prevent coronavirus could end American life as he knows it, and that he is willing to risk death to protect the economy for his grandchildren. | 2020-03-24 01:54 | Guardian - World |
| US Treasury secretary Steven Mnuchin and senate democratic leader Chuck Schumer have told Reuters they are optimistic about finalising the country’s coronavirus stimulus deal on Tuesday, as negotiators noted that there had been progress, but some issues were still under review. | 2020-03-24 01:54 | Guardian - World |
| In an open letter to Prime Minister Prayut Chan-o-cha on Tuesday, he said the rapid outbreak is becoming the greatest threat to the global economy ever seen. | 2020-03-24 01:49 | Bangkok Post - Business |
| Get ready to hear a lot of this from the hard left in the media: According to MSNBC host Chris Hayes, conservatives, Republicans and Donald Trump are ready to kill a “million” senior citizens as a way of saving the economy from the coronavirus. | 2020-03-24 01:46 | NewsBusters |
| Trump says he wants to ease up on coronavirus related shutdowns 'pretty soon' amid concerns about economy - updates | 2020-03-24 01:44 | Detroit Free Press |
| Trump, a frequent critic of the central bank and especially its chairman, said Powell has done a good job in trying to boost the economy during the coronavirus pandemic. | 2020-03-24 01:44 | Detroit Free Press |
| House Democrats are proposing a financial rescue plan to help the nation recover from the coronavirus pandemic that, at $2.5 trillion, would dwarf the roughly $2 trillion package Republicans and the Trump administration have been touting. | 2020-03-24 01:44 | Detroit Free Press |
| “The House Democrats’ bill is just a wish list of everything they haven’t been able to accomplish.” WASHINGTON – An effort in the Senate to move forward with a nearly $2 trillion economic stimulus package to combat the coronavirus crisis has stalled for the second day in a row over continued disagreements between Republicans and Democrats. | 2020-03-24 01:44 | Detroit Free Press |
| President Donald Trump signaled in a tweet overnight that he is considering lifting social distancing guidelines that may be slowing the spread of the coronavirus but are hurting the economy. | 2020-03-24 01:44 | Detroit Free Press |
| As Congress negotiates over the stimulus package, here are the main sticking points: The Senate will try again Monday to break its logjam over an emergency stimulus package intended to stem the damage from the coronavirus pandemic. | 2020-03-24 01:44 | Detroit Free Press |
| Coronavirus live updates: Britain on lockdown; Olympics to be postponed; stimulus stalls; 'pandemic is accelerating' | 2020-03-24 01:43 | USA Today - National Top Stories |
| An effort in the Senate to move forward with a nearly $2 trillion economic stimulus package to combat the coronavirus crisis has stalled for the second day over continued disagreements between Republicans and Democrats. | 2020-03-24 01:43 | USA Today - National Top Stories |
| Why would you place economic recovery efforts in the hands of people who were assuring us just weeks ago that the virus was contained and the economy was “holding up nicely”? | 2020-03-24 01:43 | NY Times - Paul Krugman |
| The complaint notes that many of the staffers resigned or took leaves of absences from their current jobs or moved to take a position on Bloomberg's campaign and are now left hunting for jobs — and without health care — during the coronavirus pandemic and as the economy experiences a significant contraction. | 2020-03-24 01:42 | CBSNews.com - USA |
| "Go full hammer on the virus right now with a full shutdown, use the stimulus to bridge the economic crisis." | 2020-03-24 01:42 | BBC News - World |
| Overnight Health Care: Trump triggers emergency powers in coronavirus fight | McConnell sets first stimulus vote for Sunday | Five sticking points for stimulus talks | Treasury delays tax filing deadline | Dems push insurers to cover virus tests MORE, the president’s daughter and a White House senior adviser, also tested negative for the virus last week after learning that an Australian official she met with in early March tested positive for COVID-19. | 2020-03-24 01:40 | The Hill - All News |
| Trump repeatedly said the damage to the economy from those measures might be worse than the impact of the virus itself. | 2020-03-24 01:40 | The Hill - All News |
| Mnuchin: Negotiators 'very close' to deal on coronavirus stimulus | 2020-03-24 01:38 | Channel News Asia - Business |
| While the California Legislature approved up to $1 billion in emergency spending on coronavirus efforts — a plan that was written and enacted in a matter of hours with broad bipartisan support — Abbott has yet to commit to tapping the state’s rainy day fund of more than $11 billion to help the unemployed or issue a special open enrollment for health insurance, as California and New York have. | 2020-03-24 01:37 | LA Times - World |
| The Government is also due to announce a multi-billion euro package to prop up incomes and boost emergency welfare payments as part of measures to tackle the deepening coronavirus crisis. | 2020-03-24 01:32 | Irish Times - Top Stories |
| And the outbreak could come surging back once people return to their normal routines of commuting, working, dining out and socializing — further stressing the economy. | 2020-03-24 01:27 | Gulf News - World |
| “There is no functioning economy unless we control the virus,” he warned on Twitter. | 2020-03-24 01:27 | Gulf News - World |
| He said he has been urging his former colleagues to selectively open the economy in ways that minimize the public health risk with more testing and, for instance, taking people’s temperature in public places, as they are now doing in other countries. | 2020-03-24 01:27 | Gulf News - World |
| “Anything that slows the spread of the virus is by far the best thing to restore the economy,” Goolsbee wrote on Twitter. | 2020-03-24 01:27 | Gulf News - World |
| “That’s going to hurt.” Before the spreading respiratory virus upended American life by shutting down a large swath of the economy and curtailing social activity, Biden’s crowds were growing larger. | 2020-03-24 01:05 | The Mercury News |
| Biden supporter and former Paramount Pictures boss Sherry Lansing said all kinds of fundraising were going to become more difficult as people focus their charitable donations on coronavirus causes and as the faltering economy cuts into incomes. | 2020-03-24 01:05 | The Mercury News |
| He did acknowledge, however, the virus will have an unknown impact on the local economy and plans could change if the growth is stifled. | 2020-03-24 01:04 | Bisnow |
| South Korean exports to China climbed 4.9 percent on-year in the first 20 days of March as the world's second-largest economy slowly returned to normal following a devastating coronavirus outbreak. | 2020-03-24 01:02 | Yonhap News Agency |
| The virus outbreak has emerged as a big drag on South Korea, Asia's fourth-largest economy, as it depends on trade for nearly 70 percent of its gross domestic product. | 2020-03-24 01:02 | Yonhap News Agency |
| The Korea Institute for International Economic Policy has warned that South Korea will inevitably be hit by decreased demand for capital and intermediate goods from major economies should the new coronavirus spread further. | 2020-03-24 01:02 | Yonhap News Agency |
| “If we can take some pressure off the economy, fine, but my primary focus is to make sure the virus is contained and defeated. | 2020-03-24 01:01 | Reuters - Health |
| The Federal Reserve on Monday rolled out an extraordinary array of programs to backstop an economy reeling from sweeping restrictions on people and businesses that scientists say are needed to limit the spread of the coronavirus. | 2020-03-24 01:01 | Reuters - Health |
| While Trump ponders ways to reopen at least parts of the economy, some advisers are warning that the spread of the virus is worsening. | 2020-03-24 01:01 | Reuters - Health |
| Over the past 24 hours or so, President Trump has signaled a desire to reopen the American economy despite the accelerating spread of the coronavirus outbreak. | 2020-03-24 01:00 | Washington Post - Politics |
| At the daily White House press briefing, Trump repeatedly alluded to the idea that the United States needs to avoid letting the novel coronavirus destroy the economy and suggested it could be dealt with at the same time that certain parts of the economy are restarted. | 2020-03-24 01:00 | Washington Post - Politics |
| As the coronavirus roils the global economy and squeezes Wall Street for cash, money-market reforms put in place after the 2007-2009 financial crisis are weathering a major test. | 2020-03-24 00:56 | Reuters - Business |
| (Reuters) - Luxury retailer Neiman Marcus Group Inc is in talks with lenders to file for bankruptcy as it struggles to ease its $4.3 billion debt load, Bloomberg reported on Monday, citing people familiar with the matter. | 2020-03-24 00:56 | Reuters - Business |
| "People get tremendous anxiety and depression and you have suicide over things like this, when you have a terrible economy you have death, definitely would be in far greater numbers than we're talking about with regard to the virus. | 2020-03-24 00:52 | The Week |
| Tim O'Donnell President Trump appears to be wavering when it comes to keeping restrictive measures in place beyond 15 days as the United States battles the novel coronavirus pandemic, and instead may be gearing up for getting people back to work to re-energize the economy. | 2020-03-24 00:52 | The Week |
| By Jim Tankersley, Maggie Haberman and Roni Caryn Rabin WASHINGTON — As the United States entered Week 2 of trying to contain the spread of the coronavirus by shuttering large swaths of the economy, President Trump, Wall Street executives and many conservative economists began questioning whether the government had gone too far and should instead lift restrictions that are already inflicting deep pain on workers and businesses. | 2020-03-24 00:49 | NY Times - Business News |
| But Mr. Trump and a chorus of conservative voices have begun to suggest that the shock to the economy could hurt the country more than deaths from the virus. | 2020-03-24 00:49 | NY Times - Business News |
| On Monday, Mr. Trump said his administration would reassess whether to keep the economy shuttered after the initial 15-day period ends next Monday, saying it could extend another week and that certain parts of the country could reopen sooner than others, depending on the extent of infections. | 2020-03-24 00:49 | NY Times - Business News |
| “The thing damaging our economy is a virus. | 2020-03-24 00:49 | NY Times - Business News |
| Everyone who is trying to stop that virus is working to limit the damage it does to our economy and help our eventual rebound. | 2020-03-24 00:49 | NY Times - Business News |
| "If we can take some pressure off the economy, fine, but my primary focus is to make sure the virus is contained and defeated. | 2020-03-24 00:48 | Channel News Asia - World |
| The Federal Reserve on Monday rolled out an extraordinary array of programmes to backstop an economy reeling from sweeping restrictions on people and businesses that scientists say are needed to limit the spread of the coronavirus. | 2020-03-24 00:48 | Channel News Asia - World |
| While Trump ponders ways to reopen at least parts of the economy, some advisers are warning that the spread of the virus is worsening. | 2020-03-24 00:48 | Channel News Asia - World |
| Moore told Reuters on Monday there is a re-examination in the White House of the wisdom of “a full scale … shutdown of the economy.” He said there were some who thought that “if we go on too long with the economy shut down, the human toll for that could be greater than the risk of the virus." | 2020-03-24 00:48 | Channel News Asia - World |
| Before the spreading respiratory virus upended American life by shutting down a large swath of the economy and curtailing social activity, Biden's crowds were growing larger. | 2020-03-24 00:48 | Channel News Asia - World |
| Biden supporter and former Paramount Pictures boss Sherry Lansing said all kinds of fundraising were going to become more difficult as people focus their charitable donations on coronavirus causes and as the faltering economy cuts into incomes. | 2020-03-24 00:48 | Channel News Asia - World |
| The dueling positions underscored the dynamic currently animating Trump’s coronavirus task force, which is split on whether the self-isolating measures are worth the cost to the economy. | 2020-03-24 00:14 | The Mercury News |
| The coronavirus contagion that has arrived in India's big cities like Mumbai, Bengaluru and New Delhi is prompting a complete rethink on how work is executed, as experts warn that the densely-populated country of 1.3 billion people with limited health-care infrastructure could soon be hit by an avalanche of cases. | 2020-03-24 00:11 | Straits Times - Business |
| How would a bitcoin economy react to coronavirus? | 2020-03-24 00:10 | CoinDesk |
| On Monday, Paul was defiant that he did nothing wrong, despite bipartisan criticism for his behavior and even sharper private furor among senators and aides because he had potentially exposed them to a virus whose debilitating effect on the nation’s health and economy lawmakers were working so ferociously to combat. | 2020-03-24 00:10 | Washington Post - Politics |
| It has only deepened the sense of urgency and fear at an already panicked Capitol, where lawmakers were scrambling to finalize a roughly $2 trillion package to rescue an economy that is at risk of cratering as the coronavirus continues to spread. | 2020-03-24 00:10 | Washington Post - Politics |
| The drastic move underscores how fast the virus, which causes a sometimes deadly respiratory illness known as COVID-19, has torn through the global economy and affected demand for the key metals that underpin it. | 2020-03-24 00:06 | Reuters - Company News |
| Several prominent Mexican business lobbies blasted the referendum process, saying it would generate uncertainty and hurt investment at a time when Mexico’s economy is weak and could be further damaged by coronavirus. | 2020-03-24 00:06 | Reuters - Company News |
| UPDATE 8-$2 trillion coronavirus aid package stalls in U.S. Senate | 2020-03-24 00:06 | Reuters - Company News |
| The shock to the global economy that has unfolded during the past two weeks as coronavirus shutdowns proliferate means that the WGA talks will come in a very different business environment than negotiators on both sides would have predicted even three weeks ago. | 2020-03-23 23:59 | Variety |
| Earlier Monday, stock markets ended with sharp losses as the rapidly rising number of coronavirus cases across the country overshadowed the Federal Reserve's pledge to buy unlimited bonds and bolster emergency lending facilities to support the flow of credit into the economy. | 2020-03-23 23:59 | Market Watch - Breaking News |
| Talks of assistance for industries crippled by the impact of the coronavirus have been happening across the board as of late, with the Fed unveiling an aid package of billions for a range of businesses and Congress still figuring out how to approach its own such package, still not decided as of March 23. | 2020-03-23 23:59 | PYMNTS.com |
| "People get tremendous anxiety and depression and you have suicide over things like this, when you have a terrible economy you have death, definitely would be in far greater numbers than we're talking about with regard to the virus. | 2020-03-23 23:58 | The Week |
| Tim O'Donnell President Trump appears to be wavering when it comes to keeping restrictive measures in place beyond 15 days as the United States battles the novel coronavirus pandemic, and instead may be gearing up for getting people back to work to re-energize the economy. | 2020-03-23 23:58 | The Week |
| "People get tremendous anxiety and depression and you have suicide over things like this, when you have a terrible economy you have death, definitely would be in far greater numbers than we're talking about with regard to the virus. | 2020-03-23 23:58 | The Week |
| Tim O'Donnell President Trump appears to be wavering when it comes to keeping restrictive measures in place beyond 15 days as the United States battles the novel coronavirus pandemic, and instead may be gearing up for getting people back to work to re-energize the economy. | 2020-03-23 23:58 | The Week |
| Several senators said such an economic stimulus is critical, with many businesses temporarily closed or laying off workers in a bid to slow or prevent the spread of the virus. | 2020-03-23 23:58 | News 1130 (Vancouver) |
| Encouraging Americans back to work before the virus is contained will not save the economy from catastrophe. | 2020-03-23 23:58 | Slate |
| The more sensible approach to taming this virus and saving our economy would be to orchestrate an actual nationwide lockdown for at least three or four weeks while the government essentially pays everybody’s bills (see: the economic aid bill Congress is working on). | 2020-03-23 23:58 | Slate |
| Countries have closed their borders and gone into lockdown, the global economy has ground to a halt, and internet traffic has surged in the wake of the outbreak of COVID-19, the disease caused by the novel coronavirus. | 2020-03-23 23:56 | Buzzfeed |
| Democrats try to hijack coronavirus stimulus for liberal Christmas in March | 2020-03-23 23:55 | USA Today - Opinion |
| The bill my provide some form of succor to the economy, but in the words of Majority Whip James Clyburn (D-SC), the crisis is also “a tremendous opportunity to restructure things to fit our vision.” In other words, coronavirus gives good cover to impose progressive requirements on stricken businesses and a society eager to see government simply act. | 2020-03-23 23:55 | USA Today - Opinion |
| Now, with $5 billion in chips on the table, the tide is turning in Icahn’s favor as retailers close shop to stop the virus from spreading. | 2020-03-23 23:46 | The NY Post |
| He made the decision with President Donald Trump to mostly close the border between their countries — the world's largest international border — and introduced an economic package worth $C82 billion ($96 billion) to help Canadians weather the virus fallout. | 2020-03-23 23:45 | The Sydney Morning Herald - Latest News |
| The coronavirus, which shut down swathes of China’s economy and threatens to drive the world into recession, may have been the final straw. | 2020-03-23 23:45 | Washington Post - Business |
| The industry groups sent the letter as Congress and the Trump administration were grappling over plans to inject nearly $2 trillion into the economy to fight the effects of the economic shutdown caused by the coronavirus pandemic. | 2020-03-23 23:41 | NY Times - Business News |
| “It cost me billions of dollars to become president,” he said at a White House briefing Sunday evening that was, ostensibly, about the coronavirus response. | 2020-03-23 23:39 | Washington Post - Opinions |
| And so on Monday night he made the ultimate gesture of selfishness: Defying the pleas of scientists and public health experts, he said he would reopen the economy in the next few weeks. | 2020-03-23 23:39 | Washington Post - Opinions |
| Religion is a solace for billions of people grappling with the outbreak. | 2020-03-23 23:39 | NY Times - World News |
| Top GOP senators don't expect coronavirus stimulus deal on Monday | 2020-03-23 23:28 | The Hill - All News |
| Members of the Senate Republican leadership team emerged from a closed-door meeting on Monday predicting that congressional leadership and Treasury Secretary Steven MnuchinSteven Terner MnuchinDemocrats block McConnell from holding Monday morning vote on coronavirus bill McConnell rips Democrats for blocking coronavirus stimulus package Coronavirus stimulus talks hit setback as crisis deepens MORE would not be able to wrap up the stimulus deal by the end of the day. | 2020-03-23 23:28 | The Hill - All News |
| Asked about provisions unrelated to the coronavirus, he noted that both House Speaker Nancy PelosiNancy PelosiDemocrats block McConnell from holding Monday morning vote on coronavirus bill Blame game heats up as Senate motion fails McConnell rips Democrats for blocking coronavirus stimulus package MORE (D-Calif.) and Senate Democrats had floated ideas, either in negotiations or in discussions about the House coronavirus bill. | 2020-03-23 23:28 | The Hill - All News |
| Trump says won't allow long-lasting damage to economy from virus | 2020-03-23 23:25 | Channel News Asia - Business |
| Democrats again block $2 trillion coronavirus bill; Senate descends into chaos | 2020-03-23 23:21 | Post Gazette |
| In this regard, we must applaud the commitment made in this time of crisis by the Rupert and Oppenheimer families of R1 billion each to assist small businesses and their employees affected by the coronavirus pandemic. | 2020-03-23 23:11 | AllAfrica News |
| BOSTON (BLOOMBERG) - General Electric's aviation division will cut 10 per cent of its US workforce as the coronavirus outbreak saps demand for air travel and upends the global economy. | 2020-03-23 23:11 | Straits Times - Business |
| Despite coronavirus spread, Trump considers reopening U.S. economy | 2020-03-23 23:11 | Reuters - Health |
| “If we can take some pressure off the economy, fine, but my primary focus is to make sure the virus is contained and defeated. | 2020-03-23 23:11 | Reuters - Health |
| The Federal Reserve on Monday rolled out an extraordinary array of programs to backstop an economy reeling from sweeping restrictions on people and businesses that scientists say are needed to limit the spread of the coronavirus. | 2020-03-23 23:11 | Reuters - Health |
| While Trump ponders ways to reopen at least parts of the economy, some advisers are warning that the spread of the virus is worsening. | 2020-03-23 23:11 | Reuters - Health |
| That strategy may work well under normal circumstances, but Buffett&aposs net worth has fallen 24.1% since the start of the year as the coronavirus pandemic upends the global economy, the Bloomberg Billionaires Index shows. | 2020-03-23 23:08 | Business Insider |
| Many of the losses can be traced to Buffett&aposs stake in Berkshire Hathaway, which may have lost $80 billion on its 10 biggest investments alone because of the virus. | 2020-03-23 23:08 | Business Insider |
| SoftBank&aposs tech investment arm is also in for a tough spell as the coronavirus outbreak has forced much of the world to retreat into quarantine and consequently devastated large sectors of the global economy. | 2020-03-23 23:08 | Business Insider |
| Last week, Bloomberg reported that the company sought to raise an additional $10 billion to support its portfolio companies, which were getting slammed as the coronavirus pandemic spread across the US. | 2020-03-23 23:08 | Business Insider |
| We can change the trajectory of this pandemic.” In the US, Senate Democrats again blocked a nearly $2 trillion economic rescue package — as the nation became the third with the highest number of cases behind China and Italy. | 2020-03-23 23:08 | The NY Post |
| The move coincides with reports that Republicans and Democrats are moving closer towards passing a coronavirus stimulus bill. | 2020-03-23 23:06 | The Sydney Morning Herald - Latest News |
| Trump’s favorite Fox News hosts are pushing him to prioritize the economy over social distancing amid the coronavirus pandemic | 2020-03-23 23:06 | Business Insider Singapore |
| The Federal Reserve on Monday pledged to do, in essence, whatever it takes to keep the economy from collapsing under the weight of the coronavirus pandemic. | 2020-03-23 23:03 | NY Times - Business News |
| EVERYONE FEELS cramped, worried and fearful, not only of the novel coronavirus but also of the toll it is taking on the economy. | 2020-03-23 23:01 | Washington Post - Opinions |
| She acknowledged that the current light traffic make the high-bridge closure less disruptive, but said she’s hopeful the region will tamp down the viral outbreak so the economy and traffic recover. | 2020-03-23 23:00 | The Seattle Times |
| “When this health order is lifted, we must quickly get people back to work, our businesses open and our economy back to thriving,” Desmond said. | 2020-03-23 22:57 | San Diego Tribune |
| ALSO: Over 1.5 billion globally told to stay home to avoid virus In Italy, the hardest-hit country of all, declines in both new cases and deaths for a second consecutive day provided a faint glimmer of hope, though it is too soon to say whether the crisis is leveling off. | 2020-03-23 22:56 | SF Gate - Bay Area News |
| Or, we shut down for months to try to save everyone everywhere from this virus — no matter their risk profile — and kill many people by other means, kill our economy and maybe kill our future. | 2020-03-23 22:54 | Chicago Tribune - Opinion |
| Trump says he's weighing new coronavirus protocols to let local economies 'cautiously resume' - updates | 2020-03-23 22:53 | Detroit Free Press |
| Trump, a frequent critic of the central bank and especially its chairman, said Powell has done a good job in trying to boost the economy during the coronavirus pandemic. | 2020-03-23 22:53 | Detroit Free Press |
| House Democrats are proposing a financial rescue plan to help the nation recover from the coronavirus pandemic that, at $2.5 trillion, would dwarf the roughly $2 trillion package Republicans and the Trump administration have been touting. | 2020-03-23 22:53 | Detroit Free Press |
| “The House Democrats’ bill is just a wish list of everything they haven’t been able to accomplish.” WASHINGTON – An effort in the Senate to move forward with a nearly $2 trillion economic stimulus package to combat the coronavirus crisis has stalled for the second day in a row over continued disagreements between Republicans and Democrats. | 2020-03-23 22:53 | Detroit Free Press |
| President Donald Trump signaled in a tweet overnight that he is considering lifting social distancing guidelines that may be slowing the spread of the coronavirus but are hurting the economy. | 2020-03-23 22:53 | Detroit Free Press |
| As Congress negotiates over the stimulus package, here are the main sticking points: The Senate will try again Monday to break its logjam over an emergency stimulus package intended to stem the damage from the coronavirus pandemic. | 2020-03-23 22:53 | Detroit Free Press |
| Coronavirus live updates: Britain on lockdown; Olympics may be postponed; stimulus stalls; 'pandemic is accelerating' | 2020-03-23 22:52 | USA Today - National Top Stories |
| An effort in the Senate to move forward with a nearly $2 trillion economic stimulus package to combat the coronavirus crisis has stalled for the second day over continued disagreements between Republicans and Democrats. | 2020-03-23 22:52 | USA Today - National Top Stories |
| His announcement led Utah's two GOP senators - Mike Lee and Mitt Romney - to place themselves into quarantine, stepping away from negotiations as the Senate worked on a $US1.4 trillion economic rescue package for the coronavirus crisis. | 2020-03-23 22:52 | The Sydney Morning Herald - World |
| Trump says U.S. "was not built to be shut down," as coronavirus hurts economy | 2020-03-23 22:51 | CBSNews.com - USA |
| He said during a Coronavirus Task Force briefing that his administration will reevaluate the 15-day guideline the White House issued last week when that time is up and he will soon issue new guidelines on how to return to a more normalized workforce and economy. | 2020-03-23 22:51 | CBSNews.com - USA |
| The Senate has so far failed to pass procedural votes to advance a coronavirus stimulus package, while House Speaker Nancy Pelosi said she plans to submit her own proposal. | 2020-03-23 22:51 | CBSNews.com - USA |
| Democratic Senator Chris Coons of Delaware, who is a co-sponsor of the Wyden and Klobuchar bill, is pushing for $2 billion in the Phase 3 Coronavirus stimulus bill to expand voting by mail and early voting, his press secretary Madeline Broas told CBS News. | 2020-03-23 22:51 | CBSNews.com - USA |
| As the Senate goes back and forth ahead of a vote on whether to move forward with a coronavirus stimulus package, Senator Amy Klobuchar of Minnesota announced Monday that her husband has coronavirus. | 2020-03-23 22:51 | CBSNews.com - USA |
| meREWARDS lets you get coupon deals, and earn cashback when you complete surveys, dine, travel and shop with our partners NEW YORK: Global stocks mostly tumbled on Monday (Mar 23) despite fresh stimulus announcements as the economic toll from the coronavirus continued to mount. | 2020-03-23 22:46 | Channel News Asia - Business |
| Meanwhile, German ministers agreed to blast through a constitutional limit on government deficits with 156 billion euros of new borrowing to fight the impact of the novel coronavirus. | 2020-03-23 22:46 | Channel News Asia - Business |
| Stocks sold off aggressively after the Senate again failed to advance a trillion-dollar rescue package, while major cities in the United States ordered most businesses shut to try to limit the spread of the coronavirus. | 2020-03-23 22:46 | Channel News Asia - Business |
| Analysts welcomed the steps, but many expect markets to remain brittle until the world's biggest economy gets a grip on the virus outbreak. | 2020-03-23 22:46 | Channel News Asia - Business |
| As markets lurched lower on coronavirus fears, Brazil’s central bank said it planned to inject 1.2 trillion reais ($234 billion) into the country’s financial system, with more than half of that comprising loans to banks. | 2020-03-23 22:02 | Reuters - World News |
| It has also announced economic aid packages worth 55 billion Danish crowns ($7.93 billion) and state guaranteed loans to businesses worth 60 billion crowns to help deal with the economic impact of the coronavirus. | 2020-03-23 22:02 | Reuters - World News |
| WASHINGTON — The Commercial Spaceflight Federation, an industry group that represents 85 companies in the space sector, is working with congressional committees to ensure coronavirus stimulus legislation includes assistance for small and mid-size suppliers, CSF President Eric Stallmer told SpaceNews. | 2020-03-23 21:55 | Space News |
| Tim O'Donnell President Trump appears to be wavering when it comes to keeping restrictive measures in place beyond 15 days as the United States battles the novel coronavirus pandemic, and instead may be gearing up for getting people back to work to re-energize the economy. | 2020-03-23 21:50 | The Week |
| Tim O'Donnell Senate Democrats have yet again blocked Republicans' "phase three" coronavirus economic stimulus bill. | 2020-03-23 21:50 | The Week |
| Tim O'Donnell President Trump appears to be wavering when it comes to keeping restrictive measures in place beyond 15 days as the United States battles the novel coronavirus pandemic, and instead may be gearing up for getting people back to work to re-energize the economy. | 2020-03-23 21:50 | The Week |
| Tim O'Donnell Senate Democrats have yet again blocked Republicans' "phase three" coronavirus economic stimulus bill. | 2020-03-23 21:50 | The Week |
| The drastic move underscores how fast the virus, which causes a sometimes deadly respiratory illness known as COVID-19, has torn through the global economy and affected demand for the key metals that underpin it. | 2020-03-23 21:50 | Reuters - Company News |
| Congress is rushing to pass an emergency bill that will devote at least $1 trillion — and maybe much more, by some estimates — to helping people and businesses impacted by the coronavirus pandemic. | 2020-03-23 21:41 | Buzzfeed |
| House Stimulus Bills Envision ‘Digital Dollar’ to Ease Coronavirus Recession | 2020-03-23 21:22 | CoinDesk |
| $2 trillion coronavirus spending plan stalls for 2nd time | 2020-03-23 21:17 | Becker's Hospital Review |
| For the second day in a row, Senate Democrats have blocked action on Republicans' $2 trillion coronavirus spending bill, according to The Washington Post. | 2020-03-23 21:17 | Becker's Hospital Review |
| The spreading coronavirus — and the drastic measures governments are imposing in a bid to slow it — is wreaking havoc on the country’s economy. | 2020-03-23 21:16 | Bisnow |
| Davy, the country’s largest stockbroking firm, warned last week that the Irish economy may swing what was expected to be a year of 5.5 per cent gross domestic product (GDP) growth to an outright contraction if the coronavirus was not brought under control quickly. | 2020-03-23 21:15 | Irish Times - Business |
| WASHINGTON, March 23 (Yonhap) -- Finance ministers and central bank governors of the Group of 20 major economies agreed Monday to develop an action plan to respond to the coronavirus pandemic. | 2020-03-23 21:13 | Yonhap News Agency |
| Brazil needs up to $78 billion to fight coronavirus crisis - Congress leader | 2020-03-23 21:12 | Reuters - Health |
| The bank expects the economy to shrink by 2 per cent because of the impact of the coronavirus pandemic. | 2020-03-23 21:12 | Straits Times - Business |
| S&P Global Ratings estimates that economies across the Asia-Pacific face a permanent income loss of about US$620 billion (S$905 billion) from the Covid-19 outbreak. | 2020-03-23 21:12 | Straits Times - Business |
| The Japanese tech conglomerate's plans come as it contends with a growing financial squeeze on the company and its US$100 billion Vision Fund, which has recorded two consecutive quarters of losses after its tech bets fell short, compounded by the coronavirus pandemic's impact on the global economy. | 2020-03-23 21:12 | Straits Times - Business |
| NEW YORK • The dollar fell yesterday after the United States Federal Reserve took unprecedented steps to backstop a range of debt in an attempt to offset the "severe disruptions" to the economy caused by the coronavirus outbreak. | 2020-03-23 21:12 | Straits Times - Business |
| The scope of the package is a clear indication that the Fed is throwing its full weight at confronting the economic fallout from the coronavirus, which poses a severe threat as factories shut down, people lose jobs and the economy grinds to a halt. | 2020-03-23 21:12 | Straits Times - Business |
| Singapore stocks joined their counterparts across Asia and the rest of the world in an accelerating race to the bottom amid rising coronavirus worries, dashed hopes of a stimulus in the United States and growing fears that the recession could be deeper than expected. | 2020-03-23 21:12 | Straits Times - Business |
| Coronavirus: Testing and Safe Production vs. Expensive Stimulus | 2020-03-23 21:11 | Cato Institute @ Liberty |
| The second relies on protective equipment that prevents the transmission of the virus.” Much of the spending in the proposed stimulus bill is a Band‐Aid. | 2020-03-23 21:11 | Cato Institute @ Liberty |
| The economy might recover quickly if the virus has been contained or tamped down, but attempting to have the economy quickly rebound may reduce the ability to contain or tamp down the virus. | 2020-03-23 21:10 | Washington Post - Politics |
| A week ago Monday, it seemed as though Trump understood the need to tighten up the economy to better limit the effects of the virus. | 2020-03-23 21:10 | Washington Post - Politics |
| President Trump might be taking the threat of the COVID-19 coronavirus more seriously now, but he&aposs already considering restarting the economy. | 2020-03-23 21:10 | Complex |
| The Washington Post reports that Trump has been made aware that some Republican lawmakers and White House advisers are eager to scale back isolation and quarantine efforts to contain the virus, with many saying the impact on the economy is too severe. | 2020-03-23 21:10 | Complex |
| The bullish trading in the bond market was also aided by the failure, so far, by Congress to agree on a fiscal stimulus package intended to cushion the blow from the COVID-19 outbreak. | 2020-03-23 21:08 | Market Watch - Top Stories |
| Read: Fed announces unlimited QE and sets up several new lending programs Investors also attributed the bullish sentiment in Treasurys to Congress’s struggles to pass a fiscal stimulus package that would limit the economic damage to businesses and individuals from the coronavirus outbreak. | 2020-03-23 21:08 | Market Watch - Top Stories |
| And on Monday, the Wall Street Journal reported, “The White House is discussing easing social-distancing guidelines as early as next week as advisers and business leaders push President Trump to boost an economy beset by deepening job losses nationwide.” Put all this together and a clear and harsh impression emerges: Trump is willing to weaken public health measures in order to try to prevent further economic damage. | 2020-03-23 21:07 | Mother Jones |
| It remains to be seen how the economy and consumer activity will recover when the virus recedes. | 2020-03-23 21:07 | Brookings |
| If the virus recedes and the economy recovers relatively quickly, then the world can once again turn to thinking about long-term challenges like climate change. | 2020-03-23 21:07 | Brookings |
| Singapore and Australia yesterday inked a digital economy pact that aims to set a benchmark for international trade rules in a digital world, and 10 agreements to boost bilateral cooperation at a time when both countries are grappling with the coronavirus pandemic. | 2020-03-23 21:06 | Straits Times - Politics |
| Deputy Prime Minister Heng Swee Keat will present a supplementary budget in Parliament on Thursday and set out a second stimulus package to help workers, businesses and households cope with the coronavirus pandemic. | 2020-03-23 21:06 | Straits Times - Politics |
| A snapshot of the nearly $2 trillion coronavirus rescue package in Congress | 2020-03-23 21:03 | Fortune |
| Democrats block McConnell’s $2 trillion stimulus plan a second time amid coronavirus pandemic | 2020-03-23 21:03 | Fortune |
| The isolation, quarantines and closures imposed to slow the spread of the coronavirus have crippled many sectors of the economy. | 2020-03-23 21:03 | NPR News |
| Stocks slumped further Monday after a rescue package to support the economy during the coronavirus crisis stalled in Congress. | 2020-03-23 21:02 | USA Today - Money Top Stories |
| Stocks dropped Monday even as the Federal Reserve prepared to launch an expansion of lending programs in an effort to shield the economy from the virus. | 2020-03-23 21:02 | USA Today - Money Top Stories |
| “Stimulus will help, but not until there’s more clarity around the virus issue. | 2020-03-23 21:02 | USA Today - Money Top Stories |
| In fact, President Donald Trump signaled in a tweet early Mondaythat he is actually considering lifting social distancing guidelines that may be slowing the spread of the coronavirus but are hurting the economy. | 2020-03-23 21:01 | USA Today - World Top Stories |
| Financial fallout:Congress' $2 trillion coronavirus stimulus package, visualized Leonardo Gambardella, a 47-year-old actor and acting coach, echoed those sentiments. | 2020-03-23 21:01 | USA Today - World Top Stories |
| Gig economy workers suffering from lost wages due to the coronavirus are seeking relief from the federal government, as they are independent contractors and aren’t eligible for unemployment. | 2020-03-23 21:00 | PYMNTS.com |
| Also Read: AT&T Scraps $4 Billion Accelerated Share Repurchase Plan Amid Coronavirus Crisis Meanwhile, independent theaters that were already facing difficult situations before the pandemic will be able to apply for loans of up to $10 million with the Small Business Association to pay for costs like rent, utilities and employee salaries and paid leave. | 2020-03-23 21:00 | The Wrap |
| “The impact this virus is having on our economy is devastating. | 2020-03-23 21:00 | The Wrap |
| Dow ends down nearly 600 points as Senate fails to advance virus stimulus bill | 2020-03-23 20:59 | Market Watch - Breaking News |
| Canceled surgeries, delayed testing and lost jobs: How the coronavirus is affecting lives Catherine Rampell: Wanna spend $2 trillion? | 2020-03-23 20:59 | Washington Post - Opinions |
| Over 1.5 billion globally told to stay home to avoid virus | 2020-03-23 20:59 | News 1130 (Vancouver) |
| The country showed that it is possible to contain the coronavirus without shutting down the economy, but experts are unsure whether its lessons can work abroad. | 2020-03-23 20:59 | NY Times - World News |
| China turned back the catastrophic first outbreak in Hubei, a province larger than most European countries, though at the cost of shutting down its economy. | 2020-03-23 20:59 | NY Times - World News |
| Senate Democrats block Republicans' coronavirus stimulus bill 2nd time around | 2020-03-23 20:58 | The Week |
| Tim O'Donnell President Trump appears to be wavering when it comes to keeping restrictive measures in place beyond 15 days as the United States battles the novel coronavirus pandemic, and instead may be gearing up for getting people back to work to re-energize the economy. | 2020-03-23 20:58 | The Week |
| Tim O'Donnell President Trump appears to be wavering when it comes to keeping restrictive measures in place beyond 15 days as the United States battles the novel coronavirus pandemic, and instead may be gearing up for getting people back to work to re-energize the economy. | 2020-03-23 20:58 | The Week |
| Brendan Morrow Senate Democrats have yet again blocked Republicans' "phase three" coronavirus economic stimulus bill. | 2020-03-23 20:58 | The Week |
| Tim O'Donnell President Trump appears to be wavering when it comes to keeping restrictive measures in place beyond 15 days as the United States battles the novel coronavirus pandemic, and instead may be gearing up for getting people back to work to re-energize the economy. | 2020-03-23 20:58 | The Week |
| Tim O'Donnell Senate Democrats have yet again blocked Republicans' "phase three" coronavirus economic stimulus bill. | 2020-03-23 20:58 | The Week |
| Tim O'Donnell President Trump appears to be wavering when it comes to keeping restrictive measures in place beyond 15 days as the United States battles the novel coronavirus pandemic, and instead may be gearing up for getting people back to work to re-energize the economy. | 2020-03-23 20:58 | The Week |
| Tim O'Donnell Senate Democrats have yet again blocked Republicans' "phase three" coronavirus economic stimulus bill. | 2020-03-23 20:58 | The Week |
| Tim O'Donnell Senate Democrats have yet again blocked Republicans' "phase three" coronavirus economic stimulus bill. | 2020-03-23 20:58 | The Week |
| The complaint notes that many of the staffers resigned or took leaves of absences from their current jobs or moved to take a position on Bloomberg’s campaign and are now left hunting for jobs — and without health care — during the coronavirus pandemic and as the economy experiences a significant contraction. | 2020-03-23 20:58 | The Seattle Times |
| But its health care system was already in shambles like the rest of the economy, with as many 70% of hospitals reporting electricity and water shortages, so even a small disease outbreak can trigger major havoc. | 2020-03-23 20:58 | The Seattle Times |
| UPDATE 7-$2 trillion coronavirus aid package stalls in U.S. Senate | 2020-03-23 20:58 | Reuters - Company News |
| And when it came into session, it picked up where the previous night left off: with pure, unbridled anger from a cohort of cranky geriatrics who are trapped in the Capitol Hill coronavirus nest until they can reach a deal to prop up the country’s collapsing economy and health systems. | 2020-03-23 20:57 | Slate |
| Here we are facing an enemy that is invisible but equally devastating to the health of our people and the health of our economy. | 2020-03-23 20:57 | Slate |
| Uber CEO Dara Khosrowshahi sent a letter to US president Donald Trump today, asking him to ensure that Uber’s drivers are included in the economic stimulus plans in response to coronavirus. | 2020-03-23 20:56 | Quartz |
| His announcement led Utah’s two GOP senators — Mike Lee and Mitt Romney — to place themselves into quarantine, stepping away from negotiations as the Senate worked on a $1.4 trillion economic rescue package for the coronavirus crisis. | 2020-03-23 20:56 | Chicago Tribune - World |
| Scholz and his ministerial counterparts had just agreed to a massive aid package to prop up the country's economy while the coronavirus spreads. | 2020-03-23 20:56 | Der Spiegel - International |
| Stocks fell about 3% on Wall Street Monday as Congress hit another roadblock in talks to inject nearly $2 trillion into the coronavirus-weakened economy. | 2020-03-23 20:55 | Chicago Tribune - Business |
| Dem. Senator Breaks with Party on Coronavirus Stimulus, ‘Embarrassed’ by Partisan Negotiations | 2020-03-23 20:54 | National Review |
| Asian markets were hammered on Monday despite massive economic stimulus efforts worldwide, with investors spooked by the relentless march of the coronavirus pandemic. | 2020-03-23 20:53 | The Daily Star - Business |
| The global death toll from the virus has surged past 14,400, with nearly a billion people confined and non-essential businesses shut in dozens of countries and growing fears about a recession. | 2020-03-23 20:53 | The Daily Star - Business |
| It is still too early to properly assess what damage the virus will have on the economy since the situation is evolving every day. | 2020-03-23 20:53 | The Daily Star - Business |
| With the nation’s economy shuddering to a stop, millions of Americans out of work and another cliff dive in the stock market Monday, President Trump and his allies began showing public and private impatience with the extreme restrictions federal and state officials have ordered to deal with the exploding coronavirus crisis. | 2020-03-23 20:53 | LA Times - Politics |
| “The worst thing for the economy would be to go back to work and see an upsurge in cases again,” Jeffrey Levi, a public health expert at George Washington University in Washington. | 2020-03-23 20:53 | LA Times - Politics |
| President Trump was asked on Sunday evening whether his hotel businesses would potentially benefit from a proposed $500 billion fund overseen by the Treasury Department to extend emergency funds to large businesses coping with the economic fallout of the coronavirus pandemic. | 2020-03-23 20:52 | Business Insider |
| On Monday, Democrats blocked for the second time a massive $1.8 trillion stimulus bill aimed at bolstering an economy that's been devastated by the coronavirus. | 2020-03-23 20:52 | Business Insider |
| Billionaire Bill Ackman says he recently made a $2.5 billion bet that the US economy will bounce back quickly from coronavirus | 2020-03-23 20:52 | Business Insider |
| Billionaire investor Bill Ackman, who leads Pershing Square Capital Management, said in a Monday interview with Bloomberg TV that he recently bet $2.5 billion that the US economy will recover quickly from the shock of the coronavirus pandemic. | 2020-03-23 20:52 | Business Insider |
| His announcement led Utah’s two GOP senators — Mike Lee and Mitt Romney — to place themselves into quarantine, stepping away from negotiations as the Senate worked on a $1.4 trillion economic rescue package for the coronavirus crisis. | 2020-03-23 20:52 | ABC News - Top Stories |
| The rapid spread of the coronavirus since it was first reported in China has dealt an unprecedented shock to the global economy. | 2020-03-23 20:52 | The NY Post |
| Following are business developments Monday related to the outbreak as governments attempt to stabilize their economies, companies struggle to cope and millions of people face job losses and disruptions in supplies of goods and in services. | 2020-03-23 20:52 | The NY Post |
| Royal Dutch Shell will reduce its operating costs by between $3 billion to $4 billion for the next 12 months to adapt to the virus outbreak crisis and plunging oil prices. | 2020-03-23 20:52 | The NY Post |
| | Mark Wilson/Getty Images Normally-staid lawmakers were angrily clashing on the Senate floor Monday and the chamber remains deadlocked over an emergency package to rescue the economy from the coronavirus pandemic. | 2020-03-23 20:50 | Politico - Congress |
| to blurt out, “This is bullshit.” “Here we are facing an enemy that is invisible, but equally devastating to the health of our people and to the health of our economy,” Collins said. | 2020-03-23 20:50 | Politico - Congress |
| Senate Democrats are rushing to finish negotiations on a massive $1.6 trillion-plus emergency rescue package as the coronavirus spreads and markets continue to dive. | 2020-03-23 20:50 | Politico - Congress |
| New York: Stocks fell about 3 per cent on Wall Street on Monday as Congress hit another roadblock in talks to inject nearly $US2 trillion ($3.4 trillion) into the coronavirus- weakened economy. | 2020-03-23 20:49 | The Sydney Morning Herald - Latest News |
| In the latest episode of The Short Squeeze Lucy Battersby from The Age and The Sydney Morning Herald talks with IG Markets analyst Kyle Rodda about how the Reserve Bank is trying to support Australia's economy through the coronavirus crisis. | 2020-03-23 20:49 | The Sydney Morning Herald - Latest News |
| An unprecedented blank check from the Federal Reserve and the prospect of a $1.8 trillion stimulus package from Congress failed to slow a two-week stock purge as investors grasped for signs that progress is being made against the coronavirus. | 2020-03-23 20:49 | Washington Post - Business |
| If we are looking for a rebound, the market needs some positive health news, and they don’t see it yet.” Stocks saw a short-lived surge during futures trading after the Fed said it would purchase Treasurys and mortgage-backed securities “in the amounts needed to support smooth market functioning,” showing the central bank is willing to go far beyond the $700 billion in new purchases announced last week. | 2020-03-23 20:49 | Washington Post - Business |
| The uncertainty created by Congress not being able to provide a stimulus, and by investors continuing to look for a glimmer of hope on slowing the virus, are causing additional pressure on stocks like we have seen the last couple of weeks.” Follow the latest on the outbreak with our newsletter every weekday. | 2020-03-23 20:49 | Washington Post - Business |
| "The fear of the virus cannot collapse our economy that President Trump has built up," one of Trump's retweeted posts said. | 2020-03-23 20:47 | The Sydney Morning Herald - World |
| Global stock markets and shares have plunged and leading economists have spoken of how the coronavirus crisis is pushing the world economy into a deep recession. | 2020-03-23 20:45 | The Daily Star - Headlines |
| Due to coronavirus, already readymade garments orders worth USD 1.5 billion have been cancelled or postponed. | 2020-03-23 20:45 | The Daily Star - Headlines |
| Work order cancellations by international retailers due to the ongoing coronavirus pandemic have cost Bangladesh's garment sector $1.98 billion in revenues as of yesterday, exporters said. | 2020-03-23 20:45 | The Daily Star - Headlines |
| The move comes as the coronavirus, which originated in China three months ago and has since ravaged many economies, is spreading in the country fast. | 2020-03-23 20:45 | The Daily Star - Headlines |
| The Asian Development Bank (ADB) has announced a $6.5 billion initial package to help developing countries in Asia with their immediate responses to the spread of coronavirus. | 2020-03-23 20:45 | The Daily Star - Headlines |
| The White House has requested nearly $46 billion in emergency funding for federal agencies in response to the novel coronavirus pandemic, with much of the spending influx going toward boosting telework capacity, hiring supplemental workers and repatriating employees currently serving overseas. | 2020-03-23 20:44 | Nextgov |
| In a letter to lawmakers, acting Office of Management and Budget Director Russ Vought said the Trump administration is “driving a whole-of-government response” to the outbreak but would need additional resources “to ensure full operational capacity.” Vought stressed the request was only to enhance agencies’ abilities to carry out their missions and was separate from economic stimulus and hardship relief packages. | 2020-03-23 20:44 | Nextgov |
| Italy has sacrificed its economy and liberties by closing and banning almost everything to halt the spread of a virus the government views as an existential threat. | 2020-03-23 20:43 | Channel News Asia - Latest News |
| “Needlessly handing billions of dollars to companies, when you could put it in the hands of average folks, or into the hands of states that are providing services, seems illogical.” The Illinois state treasurer’s office is making $250 million available to Illinois banks and credit unions to extend low-interest bridge loans to businesses and nonprofits affected by the coronavirus pandemic. | 2020-03-23 20:42 | Chicago Tribune - Breaking News |
| “The economic cost to individuals is just too great.” Asked Monday whether the administration was considering relaxing the guidelines to stimulate the economy, Vice President Pence told reporters that the coronavirus task force would evaluate ways to potentially "adjust" the guidance after the 15-day period. | 2020-03-23 20:42 | The Hill - All News |
| I don’t think there’s a chance of that.” At the same time, the economic harm caused by the coronavirus and the shutting down of the economy is leading to deep fears about millions of job losses. | 2020-03-23 20:42 | The Hill - All News |
| Treasury Secretary Steven MnuchinSteven Terner MnuchinDemocrats block McConnell from holding Monday morning vote on coronavirus bill McConnell rips Democrats for blocking coronavirus stimulus package Coronavirus stimulus talks hit setback as crisis deepens MORE told GOP senators last week that it was possible unemployment could hit 20 percent, though he later backtracked somewhat by saying he was not offering a prediction. | 2020-03-23 20:42 | The Hill - All News |
| “There is no functioning economy unless we control the virus,” Graham said. | 2020-03-23 20:42 | The Hill - All News |
| Trump, with an eye on November, may be less inclined to wait out the virus while the economy contracts and unemployment skyrockets. | 2020-03-23 20:42 | The Hill - All News |
| Congress and the Trump administration have discussed the possibility of issuing such checks to Americans in recent days as part of a stimulus package to be passed in response to the coronavirus epidemic, which has shuttered businesses nationwide. | 2020-03-23 20:42 | The Hill - All News |
| $2 trillion coronavirus aid package stalls in U.S. Senate | 2020-03-23 20:26 | Reuters - U.S. |
| The S&P 500 fell about 3 percent Monday, adding to a 15 percent plunge last week as traders remained cautious about the Fed’s ability to shift the trajectory of an economy that appears to be in free-fall because of the coronavirus crisis. | 2020-03-23 20:22 | NY Times - Business News |
| And forecasters at Morgan Stanley offered one of the grimmest assessments for how much damage the coronavirus could inflict on the American economy in the months to come. | 2020-03-23 20:22 | NY Times - Business News |
| But on Monday, the central bank said it would not limit its purchases, instead buying “in the amounts needed to support smooth market functioning.” While the rest of the economy is tanking from the crippling impact of the coronavirus, business at the biggest technology companies is holding steady — even thriving. | 2020-03-23 20:22 | NY Times - Business News |
| The vote – carried out amid the coronavirus pandemic – came at a tricky time for Mexico, where the economy has stagnated and the peso has plunged. | 2020-03-23 20:22 | Guardian - World |
| WASHINGTON - The US Senate's top Democrat said Monday that lawmakers were "very close" to a deal on a trillion-dollar rescue package that aids millions of American workers and businesses hard hit by the coronavirus crisis. | 2020-03-23 20:21 | Bangkok Post - World |
| BERLIN: Germany on Monday presented a package worth up to €750 billion ($808.43 billion) to mitigate the damage of the coronavirus outbreak on Europe's largest economy, with Berlin aiming to take on new debt for the first time since 2013. | 2020-03-23 20:21 | Bangkok Post - World |
| BERLIN: Germany on Monday presented a package worth up to €750 billion ($808.43 billion) to mitigate the damage of the coronavirus outbreak on Europe's largest economy, with Berlin aiming to take on new debt for the first time since 2013. | 2020-03-23 20:21 | Bangkok Post - World |
| BERLIN: Germany on Monday presented a package worth up to €750 billion ($808.43 billion) to mitigate the damage of the coronavirus outbreak on Europe's largest economy, with Berlin aiming to take on new debt for the first time since 2013. | 2020-03-23 20:21 | Bangkok Post - World |
| Providence alone estimates it needs 10 million units for 51 medical centers in seven states, plus neighborhood clinics, and the United States as a whole may consume 1 billion masks during the course of the outbreak. | 2020-03-23 20:21 | The Seattle Times |
| Fed making its strongest bid yet to protect economy from coronavirus | 2020-03-23 20:19 | Chicago Tribune - Business |
| In a related development, finance ministers and central bank governors from the Group of 20 major economies agreed to develop an action plan in response to the coronavirus and to closely monitor the epidemic’s impact on markets and economic conditions, the Saudi Secretariat said. | 2020-03-23 20:18 | AlArabiya.net MRSS for section Business |
| The closure of non-essential shops came as Britain opened the first part of a 330 billion pound ($384 billion) loan guarantee scheme for businesses to help small and medium-sized firms borrow up to 5 million pounds to deal with coronavirus stoppages. | 2020-03-23 19:56 | Reuters - Health |
| Trump signals he may lift federal coronavirus guidelines, stimulus package stalls again in Senate - updates | 2020-03-23 19:53 | Detroit Free Press |
| House Democrats are proposing a financial rescue plan to help the nation recover from the coronavirus pandemic that, at $2.5 trillion, would dwarf the roughly $2 trillion package Republicans and the Trump administration have been touting. | 2020-03-23 19:53 | Detroit Free Press |
| “The House Democrats’ bill is just a wish list of everything they haven’t been able to accomplish.” WASHINGTON – An effort in the Senate to move forward with a nearly $2 trillion economic stimulus package to combat the coronavirus crisis has stalled for the second day in a row over continued disagreements between Republicans and Democrats. | 2020-03-23 19:53 | Detroit Free Press |
| President Donald Trump signaled in a tweet overnight that he is considering lifting social distancing guidelines that may be slowing the spread of the coronavirus but are hurting the economy. | 2020-03-23 19:53 | Detroit Free Press |
| As Congress negotiates over the stimulus package, here are the main sticking points: The Senate will try again Monday to break its logjam over an emergency stimulus package intended to stem the damage from the coronavirus pandemic. | 2020-03-23 19:53 | Detroit Free Press |
| Coronavirus live updates: Olympics postponed; stimulus stalls; 'pandemic is accelerating' | 2020-03-23 19:52 | USA Today - National Top Stories |
| An effort in the Senate to move forward with a nearly $2 trillion economic stimulus package to combat the coronavirus crisis has stalled for the second day over continued disagreements between Republicans and Democrats. | 2020-03-23 19:52 | USA Today - National Top Stories |
| Trump signaled in a tweet overnight that he is considering lifting social distancing guidelines that may be slowing the spread of the coronavirus but are hurting the economy: “WE CANNOT LET THE CURE BE WORSE THAN THE PROBLEM ITSELF. | 2020-03-23 19:52 | USA Today - National Top Stories |
| Coronavirus updates: 100M in lockdown; Trump wavers on social distancing; stimulus battle rages Facemasks, including N95 masks, are becoming scarcer, subject to increasing demand and even facing price gouging as local officials seek to bolster their stockpile through the private sector. | 2020-03-23 19:52 | USA Today - National Top Stories |
| IOC member:2020 Tokyo Olympics will be postponed because of coronavirus pandemic Take a look:Congress' $2 trillion coronavirus stimulus package, visualized | 2020-03-23 19:52 | USA Today - National Top Stories |
| His announcement led Utah’s two GOP senators — Mike Lee and Mitt Romney — to place themselves into quarantine, stepping away from negotiations as the Senate worked on a $1.4 trillion economic rescue package for the coronavirus crisis. | 2020-03-23 19:50 | TIME |
| Pelosi previews House coronavirus stimulus as Senate hits roadblocks | 2020-03-23 19:49 | The Hill - All News |
| This is a national emergency.” McConnell has sought to exclude Pelosi from the Senate negotiations over the enormous stimulus bill, which represents Congress's third round of coronavirus relief in as many weeks. | 2020-03-23 19:49 | The Hill - All News |
| And Pelosi, along with House Minority Leader Kevin McCarthyKevin Owen McCarthyCoronavirus stimulus talks roll into Monday as negotiators fail to clinch deal Democrats block McConnell from holding Monday morning vote on coronavirus bill Blame game heats up as Senate motion fails MORE (R-Calif.), joined the discussion in person Sunday morning in McConnell's office, which ended with the sides still far apart and Pelosi vowing to press forward with her own House bill. | 2020-03-23 19:49 | The Hill - All News |
| Democratic Reps. Ayanna PressleyAyanna PressleyMA lawmakers press HHS secretary on status of state's protective equipment Senate Democrats propose canceling student loan payments during coronavirus On The Money: Cash assistance for Americans gains steam as coronavirus roils economy | Markets rebound on stimulus promises, Fed action | Trump officials get GOP pushback on stimulus MORE (Mass.) | 2020-03-23 19:49 | The Hill - All News |
| “By investing $15.5 billion in emergency grants to state and local governments, the Public Health Emergency Shelter Act will ensure that frontline workers have the resources and support they need to protect the health and safety of the nearly 500,000 people across this country experiencing homelessness,” Pressley said in a statement. | 2020-03-23 19:49 | The Hill - All News |
| Trump and Kudlow's new stated position came as the Senate continues work towards a massive stimulus package to address the hit to the economy from the coronavirus outbreak. | 2020-03-23 19:49 | The Hill - All News |
| McConnell warns coronavirus stimulus bill could be delayed for days | 2020-03-23 19:49 | The Hill - All News |
| US Fed aims 'bazooka' to backstop coronavirus-hit economy | 2020-03-23 19:47 | Channel News Asia - Business |
| Op-Ed: While creating coronavirus stimulus package, Congress should heed lessons learned from 2008 crisis | 2020-03-23 19:42 | LA Times - Opinion |
| The Senate is expected to announce a coronavirus stimulus package soon, but the House still has time to apply hard-won lessons from the previous crisis. | 2020-03-23 19:42 | LA Times - Opinion |
| U.S. Fed aims 'bazooka' to backstop coronavirus-hit economy | 2020-03-23 19:35 | Reuters - U.S. |
| RELATED: Canada commits $192 million to COVID-19 SIF stream, signs deal with BlueDot to help track, make decisions on virus A number of assistance measures specifically targeted for Canada’s tech and innovation economy are outlined in the letter, with an emphasis on the need for an influx of $2 billion in capital. | 2020-03-23 19:34 | Betakit |
| Once the virus is controlled, we could come out of our vinyl-sided shells, and use the sorts of strategies that Singapore and Hong Kong have deployed to minimize the spread of the disease without destroying their economies. | 2020-03-23 19:30 | Washington Post - Opinions |
| Or, we shut down for months to try to save everyone everywhere from this virus — no matter their risk profile — and kill many people by other means, kill our economy and maybe kill our future. | 2020-03-23 18:53 | The Mercury News |
| Coronavirus: Premier to outline B.C.’s financial stimulus package | 2020-03-23 18:51 | Global News |
| government has introduced a $5-billion aid package to support British Columbians and businesses who are suffering due to the ongoing novel coronavirus pandemic. | 2020-03-23 18:51 | Global News |
| Senate fails a second time to pass a nearly $2 trillion stimulus package as Democrats urge more aid for workers affected by the coronavirus outbreak | 2020-03-23 18:43 | Business Insider |
| The US Senate failed to advance a nearly $2 trillion economic stimulus package to a vote on Monday afternoon as millions of Americans anxiously waited for an aggressive government response to a looming financial crisis caused by the coronavirus. | 2020-03-23 18:43 | Business Insider |
| President Donald Trump has already signed two emergency bills designed to prop up government health agencies and workers affected by the coronavirus, including an $8.3 billion package for government health agencies and about $100 billion for expanded paid leave, unemployment insurance, and food and healthcare aid. | 2020-03-23 18:43 | Business Insider |
| Coronavirus government response updates: Senate Democrats block stimulus bill | 2020-03-23 18:43 | ABC News - Top Stories |
| The federal government has been rolling out its response to the virus and efforts to stem the tide as well as to stimulate the economy, which has taken a severe hit. | 2020-03-23 18:43 | ABC News - Top Stories |
| While negotiations for the economic stimulus package continue behind closed doors, Democrats have successfully blocked, for a second time in 24 hours, the GOP-backed "phase three" $2 trillion coronavirus relief measure in its current form. | 2020-03-23 18:43 | ABC News - Top Stories |
| Lawmakers and Trump administration officials were unable to come to an agreement Sunday night on the nearly $2 trillion stimulus package meant to serve as a lifeline for Americans and businesses as the coronavirus continues to hold the economy in a virtual standstill. | 2020-03-23 18:43 | ABC News - Top Stories |
| Senate Democrats block $1.8 trillion coronavirus aid bill again Boeing said on Monday it will halt production temporarily at its Washington state twin-aisle jetliner factory due to risks from coronavirus, confirming an earlier Reuters report. | 2020-03-23 18:43 | The NY Post |
| The fast-spreading coronavirus has disrupted life across the US, hammering the economy and virtually wiping out air travel demand. | 2020-03-23 18:43 | The NY Post |
| Senate Democrats block $1.8 trillion coronavirus aid bill again MANILA – Filipino teacher Raven Kate De Leon is in demand, spending up to 10 hours a day at her home computer surrounded by mini cars and stuffed toys that she uses as props to inject fun into her English classes for students far away in China. | 2020-03-23 18:43 | The NY Post |
| Here’s a painless way to save taxpayers trillions amid coronavirus pandemic | 2020-03-23 18:43 | The NY Post |
| This decline has accelerated in the last several weeks, as fear of the coronavirus has paralyzed many parts of the economy and caused an investor rush to safety in US government bonds. | 2020-03-23 18:43 | The NY Post |
| Senate Democrats block $1.8 trillion coronavirus aid bill again Discover the highlights of our NY Post Store, from our partner StackCommerce. | 2020-03-23 18:43 | The NY Post |
| Senate Democrats block $1.8 trillion coronavirus aid bill again Since it was first discovered in August 2019, astronomers have been awestruck by interstellar Comet 2I/Borisov. | 2020-03-23 18:43 | The NY Post |
| Senate Democrats block $1.8 trillion coronavirus aid bill again | 2020-03-23 18:43 | The NY Post |
| As swaths of the US economy are shut down to stop the spread of the new coronavirus, Federal Reserve Bank of St. Louis president James Bullard predicts the unemployment rate could hit 30% in the the next few months before economic activity bounces back later in the year. | 2020-03-23 18:41 | Quartz |
| US lawmakers, who are now debating a rescue package for an economy halted by the virus breakout, have a chance to learn from history and make sure the most vulnerable people in American society aren’t left behind. | 2020-03-23 18:41 | Quartz |
| 1.3 billion under curfew: India ramps up coronavirus response | 2020-03-23 18:39 | France24 (English) |
| Issued on: 23/03/2020 - 17:42Modified: 23/03/2020 - 17:43 The normally packed streets of India’s cities were virtually deserted Sunday as the government ordered a 14-hour curfew in its efforts to combat the coronavirus pandemic, asking the country’s population of some 1.3 billion to stay at home. | 2020-03-23 18:39 | France24 (English) |
| The closure of non-essential shops comes as Britain opened the first part of a 330 billion pound ($384 billion) loan guarantee scheme for businesses to help small and medium-sized firms borrow up to 5 million pounds to deal with coronavirus stoppages. | 2020-03-23 18:28 | The Mercury News |
| U.S. states, cities beg for coronavirus help; Fed tries to shield economy | 2020-03-23 18:24 | Reuters - Health |
| Trump considers reopening U.S. economy despite coronavirus spread | 2020-03-23 18:24 | Reuters - Health |
| “If we can take some pressure off the economy fine, but my primary focus is to make sure the virus is contained and defeated. | 2020-03-23 18:24 | Reuters - Health |
| The Federal Reserve on Monday rolled out an extraordinary array of programs to backstop an economy reeling from sweeping restrictions on people and businesses that scientists say are needed to limit the spread of the coronavirus. | 2020-03-23 18:24 | Reuters - Health |
| While Trump ponders ways to reopen at least parts of the economy, some advisers are warning the spread of the virus is worsening at the moment. | 2020-03-23 18:24 | Reuters - Health |
| The Fed said in a statement the effort was taken because “it has become clear that our economy will face severe disruptions.” “What the Fed is doing is probably a necessary but, by itself, insufficient precondition to addressing the impact of the coronavirus. | 2020-03-23 18:22 | Reuters - Business |
| The coronavirus has wreaked havoc global and ground the economy to a halt forcing drastic action from the fiscal and monetary authorities. | 2020-03-23 18:22 | Reuters - Business |
| LONDON (Reuters) - Fresh support announced by the Federal Reserve failed to lift Wall Street on Monday, after Europe and Asia had both been overwhelmed by the coronavirus pandemic and growing number of national lockdowns that could push the global economy deep into recession. | 2020-03-23 18:22 | Reuters - Business |
| “Further deterioration in the COVID-19 outbreak is severely damaging the global economy,” Morgan Stanley analysts warned on Monday. | 2020-03-23 18:22 | Reuters - Business |
| Traders looking to counterbalance stock declines have piled in, ballooning the fund’s assets to $6 billion from just over $700 million at the start of 2020 - a reflection of how expectations of volatility shot higher as coronavirus fears began roiling a placid stock market last month. | 2020-03-23 18:22 | Reuters - Business |
| House Democrats, led by House Speaker Nancy Pelosi, have released their own version of the Senate's stimulus package in response to the coronavirus crisis. | 2020-03-23 18:18 | NPR News |
| In the midst of Senate negotiations on a massive stimulus package in response to the coronavirus pandemic, House Democrats have released a counterproposal titled the Take Responsibility for Workers and Families Act. | 2020-03-23 18:18 | NPR News |
| Stocks kept falling Monday afternoon after a rescue package to support the economy during the coronavirus crises again stalled in Congress. | 2020-03-23 18:17 | USA Today - Money Top Stories |
| They claim if you do so you will receive one of the stimulus checks that the federal government is considering sending to American households to buffer the economic impact of the coronavirus pandemic. | 2020-03-23 18:15 | News 1130 (Vancouver) |
| Tim O'Donnell Senate Democrats have yet again blocked Republicans' "phase three" coronavirus economic stimulus bill. | 2020-03-23 18:15 | The Week |
| Kathryn Krawczyk There's a new sticking point in Congress' coronavirus stimulus package negotiations. | 2020-03-23 18:15 | The Week |
| Senator Breaks with Party on Coronavirus Stimulus, ‘Embarrassed’ by Partisan Negotiations Congress is, at this writing, debating a bill that would direct nearly $2 trillion to individuals and businesses to provide emergency health care and mitigate the effects of the coronavirus-induced shutdown of much of the economy. | 2020-03-23 18:13 | National Review |
| So it is imperative for the world that the US economy stay stable during the coronavirus pandemic, and that it can swing back to growth as soon as possible when it&aposs over. | 2020-03-23 18:13 | Business Insider |
| Right now there is one clear obstacle to that: the potential that Congress could under-fund the US coronavirus stimulus package. | 2020-03-23 18:13 | Business Insider |
| If they do, they put not only the economy but the effort to fight the virus at risk. | 2020-03-23 18:13 | Business Insider |
| East Japan Railway Company said it believes the reduction in passenger traffic due to coronavirus put revenue down by ¥11 billion in February. | 2020-03-23 18:13 | Business Insider |
| Warren Buffett's Berkshire Hathaway may have racked up $80 billion in coronavirus losses on its 10 biggest investments | 2020-03-23 18:13 | Business Insider |
| Warren Buffett's Berkshire Hathaway potentially stomached over $80 billion in losses across its 10 largest equity investments as coronavirus fears pounded markets. | 2020-03-23 18:13 | Business Insider |
| "There is no functioning economy unless we control the virus." | 2020-03-23 18:13 | Business Insider |
| The coronavirus outbreak has wreaked havoc on the US economy. | 2020-03-23 18:13 | Business Insider |
| But Trump appears eager to return as much of the economy as possible to business as usual in a matter of days as states and public-health experts have urged containment measures to limit the virus&apos spread, closing schools, many businesses, and even public spaces like parks. | 2020-03-23 18:13 | Business Insider |
| Last week, an industry group called on Congress to include Amtrak in any economic stimulus measures it passed to ward off the downturn catalyzed by the coronavirus. | 2020-03-23 18:13 | Business Insider |
| The coronavirus pandemic has sent the US economy plunging, sparking fears of a recession. | 2020-03-23 18:13 | Business Insider |
| The Senate's second attempt to advance a massive $2 trillion bill to provide economic relief amid the COVID-19 pandemic failed Monday afternoon, demonstrating an inability to strike a bipartisan agreement on the Coronavirus Aid, Relief, and Economic Security Act. | 2020-03-23 18:12 | ABC News - Top Stories |
| Senate Democrats block $1.8 trillion coronavirus aid bill again ANTWERP, Belgium — With only 20% of normal lung capacity, Sien Lagae was extremely wary of viruses before anyone in Belgium heard of the coronavirus — and has long relied on caregivers to help her get dressed, clean her house and provide home health care services. | 2020-03-23 18:12 | The NY Post |
| Senate Democrats block $1.8 trillion coronavirus aid bill again As if we didn’t have enough guilt about our device addiction: Mounting evidence shows that blue-light exposure from our screens (while Netflix bingeing, Insta-scrolling or frantically checking e-mails into the wee hours) can also do a number on our skin. | 2020-03-23 18:12 | The NY Post |
| Senate Democrats block $1.8 trillion coronavirus aid bill again Scientists have enlisted the help of a supercomputer to fight back against the rapid spread of the novel coronavirus. | 2020-03-23 18:12 | The NY Post |
| Senate Democrats block $1.8 trillion coronavirus aid bill again Discover the highlights of our NY Post Store, from our partner StackCommerce. | 2020-03-23 18:12 | The NY Post |
| Queensland's economy has been brought to its knees by the coronavirus outbreak, with thousands of workers losing their jobs after "stage one" restrictions were implemented from noon on Monday. | 2020-03-23 18:11 | The Sydney Morning Herald - Latest News |
| Senate to resume talks on massive economic stimulus bill for the coronavirus “Our colleagues have demonstrated an extraordinary commitment to providing essential goods and services at a time when they’re needed most,” Larry Merlo, CVS’s president and chief executive, said in a statement. | 2020-03-23 18:11 | Washington Post - Business |
| To contain the outbreak, authorities have gradually started to lock down many of the country’s 1.3 billion people, sending stock markets to record lows. | 2020-03-23 18:02 | The Mercury News |
| SOFIA (Reuters) - Bulgaria’s parliament agreed on Monday to cancel some parts of a law that establishes a state of emergency to limit the spread of the coronavirus after the president wielded his veto citing concerns about its impact on the economy and on free speech. | 2020-03-23 18:01 | Reuters - World News |
| Davy, the country’s largest stockbroking firm, warned last week that the Irish economy may swing what was expected to be a year of 5.5 per cent gross domestic product (GDP) growth to an outright contraction if the coronavirus was not brought under control quickly. | 2020-03-23 18:00 | Irish Times - Business |
| The federal government has released new information on how small businesses impacted by the new coronavirus can access the proposed temporary wage subsidy unveiled last week as part of Ottawa’s sweeping $82-billion economic aid package. | 2020-03-23 18:00 | Global News |
| The reason is that no amount of monetary or fiscal stimulus solves the underlying biological problem with the coronavirus. | 2020-03-23 17:55 | Market Watch - Top Stories |
| First you mobilize for war; then you protect the most vulnerable NEW YORK (Project Syndicate) — The fallout from the coronavirus pandemic will be nothing like that of the 2008 financial crisis, nor will a V-shaped recovery be achieved through conventional stimulus — not even through truly massive conventional stimulus. | 2020-03-23 17:55 | Market Watch - Top Stories |
| Democrats and Republicans in Washington have been working to reach a deal on a major congressional stimulus package to fight the economic impact of the coronavirus causing the disease COVID-19, with negotiations continuing Monday after a test vote on the massive package failed Sunday night in the Senate. | 2020-03-23 17:55 | Market Watch - Top Stories |
| As the coronavirus roils the global economy and squeezes Wall Street for cash, money-market reforms put in place after the 2007-2009 financial crisis are weathering a major test. | 2020-03-23 17:53 | National Post - Top Stories |
| The Coronavirus Economy: How my job as a yoga studio owner has changed | 2020-03-23 17:52 | Fortune |
| Stocks kept falling Monday afternoon after a rescue package to support the economy during the coronavirus crises again stalled in Congress. | 2020-03-23 17:51 | USA Today - Money Top Stories |
| “The coronavirus pandemic is causing tremendous hardship across the United States and around the world … While great uncertainty remains, it has become clear that our economy will face severe disruptions. | 2020-03-23 17:50 | PYMNTS.com |
| Tim O'Donnell Senate Democrats have yet again blocked Republicans' "phase three" coronavirus economic stimulus bill. | 2020-03-23 17:49 | The Week |
| Kathryn Krawczyk There's a new sticking point in Congress' coronavirus stimulus package negotiations. | 2020-03-23 17:49 | The Week |
| Tim O'Donnell Senate Democrats have yet again blocked Republicans' "phase three" coronavirus economic stimulus bill. | 2020-03-23 17:49 | The Week |
| Kathryn Krawczyk There's a new sticking point in Congress' coronavirus stimulus package negotiations. | 2020-03-23 17:49 | The Week |
| Tim O'Donnell Senate Democrats have yet again blocked Republicans' "phase three" coronavirus economic stimulus bill. | 2020-03-23 17:49 | The Week |
| Kathryn Krawczyk There's a new sticking point in Congress' coronavirus stimulus package negotiations. | 2020-03-23 17:49 | The Week |
| Tim O'Donnell Senate Democrats have yet again blocked Republicans' "phase three" coronavirus economic stimulus bill. | 2020-03-23 17:49 | The Week |
| Kathryn Krawczyk There's a new sticking point in Congress' coronavirus stimulus package negotiations. | 2020-03-23 17:49 | The Week |
| Tim O'Donnell Senate Democrats have yet again blocked Republicans' "phase three" coronavirus economic stimulus bill. | 2020-03-23 17:49 | The Week |
| Kathryn Krawczyk There's a new sticking point in Congress' coronavirus stimulus package negotiations. | 2020-03-23 17:49 | The Week |
| Tim O'Donnell Senate Democrats have yet again blocked Republicans' "phase three" coronavirus economic stimulus bill. | 2020-03-23 17:49 | The Week |
| The federal government’s supplementary budget of 156 billion euros, which will be financed with new borrowing, underlines Berlin’s determination to use “all we have” to reduce the impact of coronavirus, Finance Minister Olaf Scholz said. | 2020-03-23 17:49 | Reuters - Company News |
| The combined sum of new debt represents roughly 10% of Germany’s gross domestic product - and this not even includes a fiscal stimulus package promised by Scholz for the time when the virus is contained and the economy is picking up again. | 2020-03-23 17:49 | Reuters - Company News |
| The extra budget includes a 50 billion euro program to help small businesses and the self-employed threatened with bankruptcy by the coronavirus crisis, with direct payments of up to 15,000 euros depending on the size of the firm. | 2020-03-23 17:49 | Reuters - Company News |
| UPDATE 4-U.S. Fed aims 'bazooka' to backstop coronavirus-hit economy | 2020-03-23 17:49 | Reuters - Company News |
| The fast-spreading coronavirus has disrupted life, hammered the economy and virtually wiped out air travel demand. | 2020-03-23 17:49 | Reuters - Company News |
| UPDATE 2-U.S. states, cities beg for coronavirus help; Fed tries to shield economy | 2020-03-23 17:49 | Reuters - Company News |
| Republicans and Democrats were still struggling Monday to reach agreement on a far-reaching coronavirus stimulus package, including the airline aid, after failing to reach a deal over the weekend. | 2020-03-23 17:49 | Reuters - Company News |
| We can’t have functioning economy with a widespread virus.” | 2020-03-23 17:47 | National Review |
| Senator Breaks with Party on Coronavirus Stimulus, ‘Embarrassed’ by Partisan Negotiations Puerile partisan populism is going to end up costing Americans millions of jobs. | 2020-03-23 17:47 | National Review |
| Coronavirus economy: Reports of an economic crash have been greatly exaggerated | 2020-03-23 17:46 | USA Today - Opinion |
| Coronavirus live updates: Olympics postponed; 100M Americans in lockdown; stimulus stalls | 2020-03-23 17:43 | USA Today - National Top Stories |
| An effort in the Senate to move forward with a nearly $2 trillion economic stimulus package to combat the coronavirus crisis has stalled for the second day over continued disagreements between Republicans and Democrats. | 2020-03-23 17:43 | USA Today - National Top Stories |
| Trump signaled in a tweet overnight that he is considering lifting social distancing guidelines that may be slowing the spread of the coronavirus but are hurting the economy: “WE CANNOT LET THE CURE BE WORSE THAN THE PROBLEM ITSELF. | 2020-03-23 17:43 | USA Today - National Top Stories |
| The Trump administration seems to want to ease off coronavirus prevention measures to protect the crashing economy | 2020-03-23 17:43 | Business Insider Singapore |
| To contain the outbreak, authorities have gradually started to lock down many in the country of 1.3 billion people, sending stock markets to record lows. | 2020-03-23 17:42 | Christian Science Monitor |
| More than 1.5 billion globally asked to stay home to escape coronavirus | 2020-03-23 17:41 | 660 News (Calgary) |
| Fed vows "unlimited" stimulus to fight coronavirus recession | 2020-03-23 17:40 | CBSNews.com - Moneywatch |
| The Fed's announcement removes any dollar limits from its plans to support the flow of credit through an economy that has been ravaged by the novel coronavirus outbreak. | 2020-03-23 17:40 | CBSNews.com - Moneywatch |
| The fast-spreading coronavirus has disrupted life, hammered the economy and virtually wiped out air travel demand. | 2020-03-23 17:39 | Channel News Asia - Latest News |
| https://bit.ly/2J9HJNH Senate Democrats voted in unison to block a coronavirus stimulus package because they argue it included several "non-starters." | 2020-03-23 17:38 | The Hill - All News |
| Schumer 'confident' stimulus coronavirus deal will be reached Monday | 2020-03-23 17:38 | The Hill - All News |
| Tensions were running high in the Senate on Monday, as Democrats temporarily blocked Sen. Susan CollinsSusan Margaret CollinsRand Paul's coronavirus diagnosis sends shockwaves through Senate Small-business rescue package expected to swell to 0 billion or more NRSC outraises DSCC in February MORE (R-Maine) from speaking from the floor as they tried to get clarity on the chamber's schedule. | 2020-03-23 17:38 | The Hill - All News |
| But the United States has sent Iran a blunt message: the spread of the virus will not save it from US sanctions that are choking off its oil revenues and isolating its economy. | 2020-03-23 17:32 | News18 - World News |
| Fed aims 'bazooka' to backstop coronavirus-hit economy | 2020-03-23 17:24 | Reuters - U.S. |
| BERLIN: Germany on Monday presented a package worth up to €750 billion ($808.43 billion) to mitigate the damage of the coronavirus outbreak on Europe's largest economy, with Berlin aiming to take on new debt for the first time since 2013. | 2020-03-23 17:19 | Bangkok Post - World |
| France and China agree on the need for emergency talks by leaders of the G20 major economies on coordinating an international response to the coronavirus crisis, the French presidency said Monday. | 2020-03-23 17:16 | AlArabiya.net MRSS for section Business |
| Finance ministers and central bank governors from the Group of 20 major economies agreed to develop an action plan in response to the coronavirus and to closely monitor the epidemic’s impact on markets and economic conditions, the Saudi Secretariat said. | 2020-03-23 17:16 | AlArabiya.net MRSS for section Business |
| “Overnight, Senate Democrats block the nearly $2 trillion coronavirus aid package, saying it has a slush fund for big business. | 2020-03-23 17:15 | NewsBusters |
| Overnight, Senate Democrats block the nearly $2 trillion coronavirus aid package, saying it has a slush fund for big business. | 2020-03-23 17:15 | NewsBusters |
| GUTHRIE: As mentioned, overnight, the new $2 trillion coronavirus aid package was blocked by Senate Democrats on Capitol Hill, and there’s also a new case of the virus there. | 2020-03-23 17:15 | NewsBusters |
| Leah Barkoukis at Townhall reports The New York Times tweaked its headline three times on a story about Democrats blocking a coronavirus “stimulus package" on Sunday. | 2020-03-23 17:15 | NewsBusters |
| Ed Morrissey at Hot Air noticed the first headline was surprisingly accurate: The Times reported "Senate Democrats on Wednesday blocked action on an emerging deal to prop up an economy devastated by the coronavirus pandemic, paralyzing the progress of a nearly $2 trillion government rescue package they said failed to adequately protect workers or impose strict enough restrictions on bailed-out businesses." | 2020-03-23 17:15 | NewsBusters |
| It represents a staff force of over 45,000 people and reported annual inflows close to EUR 36 billion in 2019 (all figures at 100%). | 2020-03-23 16:49 | GlobeNewswire - Public Companies |
| The Coronavirus situation creates uncertainty in Efecte’s operating environment and in the global economy more generally. | 2020-03-23 16:49 | GlobeNewswire - Public Companies |
| WASHINGTON – An effort in the Senate to move forward with a nearly $2 trillion economic stimulus package to combat the coronavirus crisis has stalled for the second day in a row over continued disagreements between Republicans and Democrats. | 2020-03-23 16:47 | Detroit Free Press |
| President Donald Trump signaled in a tweet overnight that he is considering lifting social distancing guidelines that may be slowing the spread of the coronavirus but are hurting the economy. | 2020-03-23 16:47 | Detroit Free Press |
| As Congress negotiates over the stimulus package, here are the main sticking points: The Senate will try again Monday to break its logjam over an emergency stimulus package intended to stem the damage from the coronavirus pandemic. | 2020-03-23 16:47 | Detroit Free Press |
| The Michigan Chamber of Commerce was studying the order in detail and would have a comment later in the day, said President and CEO Rich Studley, who had expressed confidence Monday that Whitmer would strike the correct balance between protecting health and the economy. | 2020-03-23 16:47 | Detroit Free Press |
| Coronavirus live updates: 100M in lockdown; Trump wavers on social distancing; stimulus battle rages | 2020-03-23 16:47 | USA Today - National Top Stories |
| An effort in the Senate to move forward with a nearly $2 trillion economic stimulus package to combat the coronavirus crisis has stalled for the second day over continued disagreements between Republicans and Democrats. | 2020-03-23 16:47 | USA Today - National Top Stories |
| Trump signaled in a tweet overnight that he is considering lifting social distancing guidelines that may be slowing the spread of the coronavirus but are hurting the economy: “WE CANNOT LET THE CURE BE WORSE THAN THE PROBLEM ITSELF. | 2020-03-23 16:47 | USA Today - National Top Stories |
| Not all doom and gloom in the year of the virus: Bakery and snack players weigh inThe coronavirus pandemic – which has infected more than 220,000 people and killed more than 9,000 globally at the time of writing – is toying with global economy. | 2020-03-23 16:46 | ConfectioneryNews |
| While China's draconian steps to stop the spread of the virus are now allowing its economy slowly to come back online, supply chains are backing up in other parts of the world. | 2020-03-23 16:45 | Channel News Asia - Latest News |
| meREWARDS lets you get coupon deals, and earn cashback when you complete surveys, dine, travel and shop with our partners LONDON: Rich governments scrambling to defend their economies from the coronavirus are being urged to coordinate to ward off a long-lasting global recession and future waves of infections from poorer nations. | 2020-03-23 16:45 | Channel News Asia - Latest News |
| The global death toll from the virus has surged past 14,400, with nearly a billion people confined and non-essential businesses shut in dozens of countries. | 2020-03-23 16:45 | Channel News Asia - Latest News |
| Neil Shearing, chief economist at Capital Economics, said it was possible that most economies would return to their pre-coronavirus trends for GDP within a couple of years. | 2020-03-23 16:45 | Channel News Asia - Latest News |
| The announcement Monday is part of the Fed’s ongoing efforts to support the flow of credit through an economy ravaged by the viral outbreak. | 2020-03-23 16:44 | TIME |
| The coronavirus stimulus package, which is designed to help offset potentially catastrophic economic impacts of the virus, is still being negotiated after Senate Democrats blocked a procedural vote on the measure late Sunday. | 2020-03-23 16:44 | The Hill - All News |
| “As of last night, President Trump and Mitch McConnellAddison (Mitch) Mitchell McConnellCoronavirus stimulus talks roll into Monday as negotiators fail to clinch deal Democrats block McConnell from holding Monday morning vote on coronavirus bill McConnell sets second coronavirus vote for shortly after markets open MORE were offering a plan to let big corporations off the hook,” Biden said. | 2020-03-23 16:44 | The Hill - All News |
| Speaker Nancy PelosiNancy PelosiDemocrats block McConnell from holding Monday morning vote on coronavirus bill Blame game heats up as Senate motion fails McConnell rips Democrats for blocking coronavirus stimulus package MORE (D-Calif.) last week tasked McGovern with issuing a report on House rules regarding voting. | 2020-03-23 16:44 | The Hill - All News |
| Some lawmakers, including House Minority Leader Kevin McCarthyKevin Owen McCarthyCoronavirus stimulus talks roll into Monday as negotiators fail to clinch deal Democrats block McConnell from holding Monday morning vote on coronavirus bill Blame game heats up as Senate motion fails MORE (R-Calif.), have expressed skepticism about remote voting and how it would work in practice. | 2020-03-23 16:44 | The Hill - All News |
| The Senate was in all weekend working on a huge stimulus bill to respond to the hit the economy is taking from the coronavirus pandemic. | 2020-03-23 16:44 | The Hill - All News |
| Uber urges White House to include gig workers in coronavirus stimulus | 2020-03-23 16:41 | Channel News Asia - Business |
| It has also announced economic aid packages worth 55 billion Danish crowns (US$7.93 billion) and state guaranteed loans to businesses worth 60 billion crowns to help deal with the economic impact of the coronavirus. | 2020-03-23 16:28 | Channel News Asia - World |
| The diplomat, Cui Tiankai, said in an interview with Axios on HBO that politicians should refrain from “very harmful” speculation on the source of the virus that has upended daily life and economies around the world. | 2020-03-23 16:27 | NY Times - World News |
| ‘From full throttle to 90% revenue loss in three weeks’: How the coronavirus leveled the U.S. economy | 2020-03-23 16:25 | Chicago Tribune - World |
| And until the virus paralyzed the economy, Samantha Martin’s PR business was soaring. | 2020-03-23 16:25 | Chicago Tribune - World |
| President Donald Trump suggested Monday he had qualms about extending the current 15-day suggested shutdown as his officials warned about the deepening coronavirus crisis and Congress and the White House struggled to complete a nearly $2 trillion economic rescue package. | 2020-03-23 16:25 | Chicago Tribune - World |
| Yet, he added: “We're getting closer and closer.” On the economic front, the Federal Reserve announced Monday it will lend to small and large businesses and local governments as well as extend its bond-buying programs as part of a series of sweeping steps to support the flow of credit through an economy ravaged by the viral outbreak. | 2020-03-23 16:25 | Chicago Tribune - World |
| Fed aims 'bazooka' at coronavirus to backstop economy | 2020-03-23 15:55 | Reuters - Health |
| “The Fed is doing everything they can” to keep markets functioning smoothly after economic activity was disrupted, he said “We take this as a huge easing.” Republicans and Democrats failed over the weekend to reach a deal on a $1 trillion-plus coronavirus stimulus package. | 2020-03-23 15:55 | Reuters - Health |
| Read more: SoftBank is reportedly looking to raise $10 billion to support startups reeling from the coronavirus outbreak — and some might not have enough cash to survive more than a year Convene went from planning to add 500 people this year to laying off 150. | 2020-03-23 15:53 | Business Insider |
| As the coronavirus devastates swaths of the economy, startups are variously slashing ad budgets, giving away products, and using content to stay connected with shoppers. | 2020-03-23 15:53 | Business Insider |
| The update implies a 33% profitability decline from 2019 as the coronavirus wipes out consumer demand and pulls the economy into a likely recession. | 2020-03-23 15:53 | Business Insider |
| The difference between a U- and V-shaped market rebound depends on the speed of coronavirus' containment, whether companies can access enough cash to outlast months of weak demand, and whether fiscal stimulus can stabilize the economy, the bank's analysts said. | 2020-03-23 15:53 | Business Insider |
| Dow dives 900 points even after new Fed stimulus, as traders await Senate resolution on coronavirus bill | 2020-03-23 15:53 | Business Insider |
| The firm's base case sees the economy rebounding from the coronavirus slump as early as the third quarter if infections slow and Congress passes a $2 trillion stimulus package. | 2020-03-23 15:53 | Business Insider |
| Sanders skips coronavirus stimulus vote for event with AOC, Omar, Tlaib | 2020-03-23 15:52 | The NY Post |
| At the same time, he has also been far more optimistic than health experts have been about the prognosis for the outbreak while also voicing concern about the negative effect of shutting down wide swathes of the economy. | 2020-03-23 15:50 | Channel News Asia - World |
| Also on Monday, the US Federal Reserve mounted an extraordinary new array of programs to offset the disruptions to the economy caused by the outbreak, backstopping an unprecedented range of credit for households, small businesses and major employers. | 2020-03-23 15:50 | Channel News Asia - World |
| The big improvement in air quality, which already has started to wane as China’s economy begins to slowly ramp back up, saved thousands of lives, scientists estimate. | 2020-03-23 15:26 | The Mercury News |
| Coronavirus continues to drag down Wall Street; investors await stimulus package | 2020-03-23 15:26 | The Mercury News |
| As Californians began a new week of social distancing under shelter in place edicts across the state during the coronavirus crisis, they were also greeted by more weakness on Wall Street as uncertainty over the economy dragged stocks into the red again. | 2020-03-23 15:26 | The Mercury News |
| The child care industry is calling on Congress to include $50 billion in relief in its stimulus package to keep the sector afloat after the coronavirus pandemic has drastically impacted daily attendance at facilities. | 2020-03-23 15:25 | The Hill - All Business |
| Senate Democrats are pushing back against the fund because it would allow Treasury Secretary Steven MnuchinSteven Terner MnuchinDemocrats block McConnell from holding Monday morning vote on coronavirus bill McConnell rips Democrats for blocking coronavirus stimulus package Coronavirus stimulus talks hit setback as crisis deepens MORE to decide which companies get money and how much for up to six months. | 2020-03-23 15:25 | The Hill - All Business |
| JOHANNESBURG (Reuters) - African finance ministers have called for a $100 billion stimulus package, including a suspension of debt service payments, to help the continent combat coronavirus. | 2020-03-23 15:25 | Reuters - World News |
| Investors had hoped the US Senate would clear a US$1 trillion-plus (S$1.45 trillion) coronavirus stimulus package over the weekend, but Democrats and Republicans were still scrambling to come to an agreement. | 2020-03-23 15:22 | Straits Times - Business |
| Countries around the world move to further restrict activity in a bid to slow the COVID-19 pandemic Oil futures traded mostly lower Monday, with another round of monetary stimulus by the Federal Reserve failing to offset price pressure as countries around the world move to further restrict activity in a bid to slow the coronavirus pandemic. | 2020-03-23 15:19 | Market Watch - Top Stories |
| The economy is being shuttered to allow for social distancing and to stop the virus. | 2020-03-23 15:18 | Brookings |
| In those cases, stimulating the economy via lower interest rates or direct spending and transfers from the government can fill the gap of reduced expenditures. | 2020-03-23 15:18 | Brookings |
| Senate Democrats block action on $2 trillion coronavirus spending plan | 2020-03-23 15:17 | Becker's Hospital Review |
| More articles on healthcare finance: $1 trillion stimulus plan boosts pay to hospitals, freezes cuts: 4 notes for hospital execs18 healthcare groups urge Congress to act immediately on 3 mission-critical requestsHospitals ask for $100B in emergency coronavirus funding © Copyright ASC COMMUNICATIONS 2020. | 2020-03-23 15:17 | Becker's Hospital Review |
| More articles on healthcare finance: $1 trillion stimulus plan boosts pay to hospitals, freezes cuts: 4 notes for hospital execs18 healthcare groups urge Congress to act immediately on 3 mission-critical requestsHospitals ask for $100B in emergency coronavirus funding © Copyright ASC COMMUNICATIONS 2020. | 2020-03-23 15:17 | Becker's Hospital Review |
| 16 things to know$1 trillion stimulus plan boosts pay to hospitals, freezes cuts: 4 notes for hospital execsHospitals ask for $100B in emergency coronavirus funding © Copyright ASC COMMUNICATIONS 2020. | 2020-03-23 15:17 | Becker's Hospital Review |
| you can see from this how serious it is and that it can affect any one of us, that there's no difference between rich and poor, politician and non-politician Her unrivalled status within the council of European Union leaders may prove critical in the weeks ahead as the bloc seeks to agree on plans to finance the stimulus spending required to limit the economic impact of the virus. | 2020-03-23 15:17 | National Post - Top Stories |
| Coronavirus updates:CVS to hire 50,000 workers, gives bonuses to employees amid coronavirus pandemic Plan to save that stimulus check? | 2020-03-23 15:15 | USA Today - Money Top Stories |
| OTTAWA — The spreading coronavirus outbreak will trigger a short, sharp global recession this year before the world’s economy bounces back in 2021, Canada’s trade financing agency predicted on Monday. | 2020-03-23 15:11 | Financial Post - Top Stories |
| Federal vows "unlimited" stimulus to fight coronavirus recession | 2020-03-23 15:10 | CBSNews.com - Politics |
| The Fed's announcement removes any dollar limits from its plans to support the flow of credit through an economy that has been ravaged by the novel coronavirus outbreak. | 2020-03-23 15:10 | CBSNews.com - Politics |
| Democrats in the Senate blocked action an emerging government rescue package totaling $1.8 trillion that aims to shore up an economy ravaged by the coronavirus pandemic. | 2020-03-23 15:10 | Business Insider |
| A sticking point is a proposed $500 billion fund overseen by the Treasury Department to provide emergency federal funding for industries battered by the virus. | 2020-03-23 15:10 | Business Insider |
| WASHINGTON -- President Donald Trump expressed qualms Monday about extending the current 15-day shutdown recommended by the federal government, even as his officials warned that the coronavirus crisis is deepening and Congress and the White House struggle to complete a nearly $2 trillion economic rescue package. | 2020-03-23 15:10 | ABC News - Top Stories |
| Yet, he added: “We're getting closer and closer.” On the economic front, the Federal Reserve announced Monday it will lend to small and large businesses and local governments as well as extend its bond-buying programs as part of a series of sweeping steps to support the flow of credit through an economy ravaged by the viral outbreak. | 2020-03-23 15:10 | ABC News - Top Stories |
| March 23, 2020 | 10:27am | Updated March 23, 2020 | 12:04pm US stocks plummeted Monday even after the Federal Reserve threw more lifelines at a national economy facing an increasingly dire threat from the coronavirus pandemic. | 2020-03-23 15:09 | The NY Post |
| To contain the outbreak, authorities have gradually started to lock down much of the country of 1.3 billion people, sending stock markets to record lows. | 2020-03-23 15:09 | The NY Post |
| | Susan Walsh/AP Photo Senate Democrats are rushing to finish negotiations with the Trump administration on a massive $1.6 trillion-plus emergency rescue package as the coronavirus spreads and markets continue to dive. | 2020-03-23 15:08 | Politico - Congress |
| One of the outstanding issues for Democrats is the $500 billion “Exchange Stabilization Fund,” which is designed to assist industries that have been hit hard by the coronavirus, including $58 billion for airlines and cargo. | 2020-03-23 15:08 | Politico - Congress |
| Senate Democrats are rushing to finish negotiations with the Trump administration on a massive $1.6 trillion-plus emergency rescue package as the coronavirus spreads and markets continue to dive. | 2020-03-23 15:08 | Politico - Congress |
| "We've got to think of the health of the people, but we've also got to think of the health of the economy and we are transitioning to a takeaway and delivery economy as we fight coronavirus," Mr Dominello said. | 2020-03-23 15:08 | The Sydney Morning Herald - Latest News |
| The novel coronavirus outbreak has wreaked unprecedented havoc on the US economy as entire industries almost completely shutter to mitigate the spread of the virus, the stock market tumbles, and unemployment claims surge as millions of Americans find themselves out of work or with severely reduced hours. | 2020-03-23 15:07 | Business Insider Singapore |
| “Further deterioration in the Covid-19 outbreak is severely damaging the global economy,” Morgan Stanley analysts warned on Monday. | 2020-03-23 14:58 | Irish Times - Business |
| Failure to do so can lead to an outbreak of the virus which could totally wipe out the species and create a financial gap in the economy. | 2020-03-23 14:56 | Ventures Africa |
| Economic disruption caused by the coronavirus pandemic has so far cost African economies $29 billion, the United Nations has said, warning that the loss could rise in the coming months as more countries in the region report confirmed cases of the virus. | 2020-03-23 14:56 | Ventures Africa |
| The crisis could seriously impede Africa’s already stagnant growth, the UN agency warned, with the continent expected to spend more than $10.6 billion in unanticipated increases in their health budgets to curb the spread of the virus. | 2020-03-23 14:56 | Ventures Africa |
| "Whether to continue or ease the government's virus curbing strategy needs to be carefully decided considering its impact from the economy to culture," he said. | 2020-03-23 14:56 | Yonhap News Agency |
| Bitcoin, Gold Spike as Fed Unveils Unlimited Coronavirus Stimulus Package | 2020-03-23 14:54 | CoinDesk |
| Even now, with the economy eroding in the wake of efforts to contain the coronavirus pandemic, Trump is reverting to this perception of his strengths and sacrifices. | 2020-03-23 14:54 | Washington Post - Politics |
| Capitol Report: Mnuchin calls Congress ‘very close’ to coronavirus stimulus deal as talks intensify | 2020-03-23 14:51 | Market Watch - Top Stories |
| Central bank also sets out $300 billion in new lending programs to help all corners of financial market Saying “aggressive action” was needed to soften the blow to the economy from the coronavirus pandemic, the Federal Reserve on Monday announced it would purchase an unlimited amount of Treasurys and securities tied to home and business mortgages to ward off a credit crunch. | 2020-03-23 14:51 | Market Watch - Top Stories |
| The Treasury Department is contributing to the government’s efforts to ensure people and businesses have quick access to cash as the coronavirus outbreak grinds into the economy, keeping consumers at home and putting millions of jobs at risk. | 2020-03-23 14:51 | Market Watch - Top Stories |
| Metals Stocks: Gold extends rise as Fed ramps up monetary stimulus amid coronavirus outbreak | 2020-03-23 14:51 | Market Watch - Top Stories |
| In response to the worsening financial crisis for hospitals, the American Hospital Association requested $100 billion in federal aid for all hospitals to offset coronavirus costs. | 2020-03-23 14:49 | Becker's Hospital Review |
| U.S. Senate can’t agree on massive $1.8 trillion bill to blunt the impact of coronavirus | 2020-03-23 14:49 | National Post - Top Stories |
| Senate Democrats blocked a massive coronavirus stimulus bill from moving forward Sunday as partisan disputes raged over the legislation that’s aimed at arresting the economy’s precipitous decline. | 2020-03-23 14:49 | National Post - Top Stories |
| The dynamic on Capitol Hill partly results from lingering resentments among Senate Republicans over the last coronavirus relief bill, a $100-billion-plus package enacted last week; it was negotiated between Pelosi and Mnuchin. | 2020-03-23 14:49 | National Post - Top Stories |
| The Federal Reserve says "it has become clear that our economy will face severe disruptions" because of the coronavirus pandemic. | 2020-03-23 14:48 | NPR News |
| Coronavirus updates:CVS to hire 50,000 workers, gives bonuses to employees amid coronavirus pandemic Plan to save that stimulus check? | 2020-03-23 14:47 | USA Today - Money Top Stories |
| Stocks extended losses Monday even as the Federal Reserve prepared to launch an expansion of lending programs in an effort to shield the economy from the coronavirus pandemic. | 2020-03-23 14:47 | USA Today - Money Top Stories |
| Bitcoin has rebounded back above $6,000 as the Federal Reserve announced it will inject more money into the economy to curb fallout from coronavirus. | 2020-03-23 14:46 | Cointelegraph |
| $2.1 billion in losses were reported to the FBI as a result of hackers targeting Microsoft Office 365 and Google G suite in a slew of business email compromise attacks, Bleeping Computer reported earlier this month. | 2020-03-23 14:46 | PYMNTS.com |
| Mnuchin says congressional coronavirus stimulus deal is very close | 2020-03-23 14:46 | Market Watch - Breaking News |
| Global airlines are seeking tens of billions dollars in state bail-outs to absorb the shock from the coronavirus crisis, as they ground almost entire fleets and place thousands of workers on unpaid leave to stay afloat. | 2020-03-23 14:45 | Reuters - Company News |
| Delta Air Lines Inc (DAL.N) on Friday said its second-quarter revenue would fall by $10 billion, or 80%, as the virus all but halted global passenger travel. | 2020-03-23 14:45 | Reuters - Company News |
| The drastic move underscores how fast the virus, known as COVID-19, has torn through the global economy and affected demand for the key metals that underpin it. | 2020-03-23 14:45 | Reuters - Company News |
| LONDON (Reuters) - Fresh support announced by the Federal Reserve failed to lift Wall Street on Monday, after Europe and Asia had both been overwhelmed by the coronavirus pandemic and growing number of national lockdowns that could push the global economy deep into recession. | 2020-03-23 14:45 | Reuters - Company News |
| “Further deterioration in the COVID-19 outbreak is severely damaging the global economy,” Morgan Stanley analysts warned on Monday. | 2020-03-23 14:45 | Reuters - Company News |
| Trump Floats Ending Coronavirus Lockdowns in Coming Weeks to Boost Economy | 2020-03-23 14:43 | National Review |
| President Trump suggested on Twitter that he planned to pivot away from advocating for health measures implemented to slow coronavirus in favor of boosting a struggling economy amid a draconian shutdown. | 2020-03-23 14:43 | National Review |
| The fear of the virus cannot collapse our economy that President Trump has built up. | 2020-03-23 14:43 | National Review |
| Coronavirus live updates: 100 million in lockdown; stocks open down; stimulus battle rages; US deaths at 471 | 2020-03-23 14:40 | USA Today - National Top Stories |
| Congressional negotiations on an economic stimulus package stalled and the stock market plunged again amid the unrelenting advance of the coronavirus pandemic. | 2020-03-23 14:40 | USA Today - National Top Stories |
| President Donald Trump signaled in a tweet overnight that he is considering lifting social distancing guidelines that may be slowing the spread of the coronavirus but are hurting the economy: “WE CANNOT LET THE CURE BE WORSE THAN THE PROBLEM ITSELF. | 2020-03-23 14:40 | USA Today - National Top Stories |
| Finding your first job in the coronavirus economy: A career coach’s 5-step guide for recent grads | 2020-03-23 14:40 | Business Insider Singapore |
| Dow dives 600 points even after new Fed stimulus, traders await Senate resolution on coronavirus bill | 2020-03-23 14:39 | Business Insider Singapore |
| In a world roughly remade by virus every few days, the federal government’s desperate attempt to shore up a plummeting economy changes shape by the hour. | 2020-03-23 14:38 | Kaiser Health News |
| The Associated Press: As Virus Spreads, Next Casualty Could Be Tokyo Olympics As infections soared in Europe and the United States and the world economy spiraled downward, Japan on Monday hinted at the next possible victim of the globe-spanning coronavirus: The 2020 Tokyo Olympics. | 2020-03-23 14:37 | Kaiser Health News |
| The Fed's ongoing efforts to support the flow of credit through an economy ravaged by the viral outbreak buoyed investors after Wall Street suffered brutal losses last week, wiping out the stock market gains of President Donald Trump's entire presidency so far. | 2020-03-23 14:36 | CBSNews.com - Moneywatch |
| A trillion-dollar coronavirus stimulus package designed to help offset potentially catastrophic economic impacts of the virus is still being negotiated after Democrats blocked a procedural vote on the measure late Sunday. | 2020-03-23 14:35 | The Hill - All News |
| But there were fears of a coming change in the Trump administration’s strategy to fight the virus, when the president tweeted: “We cannot let the cure be worse than the problem itself.” On Sunday, Democrats in the Senate blocked a spending package intended to pump more than $1tn (£870bn) into the US economy to help unemployed workers and companies losing business during the coronavirus outbreak. | 2020-03-23 14:20 | Guardian - World |
| The Fed had already been acting almost daily to shore up the economy and keep markets functioning as coronavirus spreads, shutting down huge swathes of the United States and global economy and threatening to plunge the world into a deep and painful recession. | 2020-03-23 14:19 | Bangkok Post - World |
| BERLIN: Germany on Monday presented a package worth up to €750 billion ($808.43 billion) to mitigate the damage of the coronavirus outbreak on Europe's largest economy, with Berlin aiming to take on new debt for the first time since 2013. | 2020-03-23 14:19 | Bangkok Post - World |
| Over 1.5 billion globally asked to stay home to escape virus | 2020-03-23 14:18 | The Seattle Times |
| BERLIN: Germany on Monday presented a package worth up to €750 billion ($808.43 billion) to mitigate the damage of the coronavirus outbreak on Europe's largest economy, with Berlin aiming to take on new debt for the first time since 2013. | 2020-03-23 14:14 | Bangkok Post - Business |
| BERLIN: Germany on Monday presented a package worth up to €750 billion ($808.43 billion) to mitigate the damage of the coronavirus outbreak on Europe's largest economy, with Berlin aiming to take on new debt for the first time since 2013. | 2020-03-23 14:14 | Bangkok Post - Business |
| Coronavirus Outbreak: Former RBI Governor Bimal Jalan Pitches for Fiscal Stimulus | 2020-03-23 14:12 | News18 - Business |
| Former RBI governor Bimal Jalan has pitched for fiscal stimulus to mitigate the impact of coronavirus outbreak which, he said, could lower India's growth by an estimated 1 percentage point, and affect jobs. | 2020-03-23 14:12 | News18 - Business |
| "And part of the reason is of course coronavirus outbreak but before that also, the Indian economy was not doing very well," the eminent economist said. | 2020-03-23 14:12 | News18 - Business |
| On the impact of coronavirus on the Indian economy, he said that everybody has estimated that it (impact on growth) will be at least one percentage point reduction in GDP. | 2020-03-23 14:12 | News18 - Business |
| Forex traders said market participants are concerned that the sharp rise in coronavirus cases, which has crossed over 400 in the country, could weigh on the economy. | 2020-03-23 14:12 | News18 - Business |
| Paula Bronstein/Getty Images More than 3 billion people lack access to hand-washing facilities, depriving them of one of the most effective first lines of defense against the spread of the coronavirus, according to UNICEF. | 2020-03-23 14:11 | Foreign Policy |
| At the same time, he has also been far more optimistic than health experts have been about the prognosis for the outbreak while also voicing concern about the negative effect of shutting down wide swathes of the economy. | 2020-03-23 13:59 | Reuters - Health |
| Today, it is the turn of Facebook: the company announced a number of initiatives around Messenger, its messaging platform with 1.3 billion users, to help use the service to facilitate better communication around the coronavirus outbreak. | 2020-03-23 13:58 | TechCrunch |
| Coronavirus live updates: Congress to vote again on stimulus; 100 million in lockdown; US deaths at 471 | 2020-03-23 13:56 | USA Today - National Top Stories |
| Congressional negotiations on an economic stimulus package stalled and the stock market plunged again amid the unrelenting advance of the coronavirus pandemic. | 2020-03-23 13:56 | USA Today - National Top Stories |
| President Donald Trump signaled in a tweet overnight that he is considering lifting social distancing guidelines that may be slowing the spread of the coronavirus but are hurting the economy: “WE CANNOT LET THE CURE BE WORSE THAN THE PROBLEM ITSELF. | 2020-03-23 13:56 | USA Today - National Top Stories |
| Coronavirus updates LIVE: Australia passes stimulus measures as global COVID-19 cases surpass 335,000 | 2020-03-23 13:55 | The Sydney Morning Herald - National |
| To contain the outbreak, authorities have gradually started to lock down much of the country of 1.3 billion people, sending stock markets to record lows. | 2020-03-23 13:55 | The Sydney Morning Herald - National |
| Klobuchar, who ended her presidential bid earlier this month, has been in Washington for anticipated votes on a stimulus bill in response to the coronavirus outbreak. | 2020-03-23 13:55 | The Sydney Morning Herald - National |
| Consider this figure: globally, more than 1.5 billion people - or one-fifth of the world's population - have been asked or ordered to stay home to try to blunt the spread of the coronavirus. | 2020-03-23 13:55 | The Sydney Morning Herald - National |
| At the same time, he has also been far more optimistic than health experts have been about the prognosis for the outbreak while also voicing concern about the negative effect of shutting down wide swathes of the economy. | 2020-03-23 13:55 | The Sydney Morning Herald - National |
| BERLIN: Germany on Monday presented a package worth up to €750 billion ($808.43 billion) to mitigate the damage of the coronavirus outbreak on Europe's largest economy, with Berlin aiming to take on new debt for the first time since 2013. | 2020-03-23 13:54 | Bangkok Post - Thailand |
| BERLIN: Germany on Monday presented a package worth up to €750 billion ($808.43 billion) to mitigate the damage of the coronavirus outbreak on Europe's largest economy, with Berlin aiming to take on new debt for the first time since 2013. | 2020-03-23 13:54 | Bangkok Post - Thailand |
| Senate fails to move forward with coronavirus stimulus bill | 2020-03-23 13:54 | CBSNews.com - Moneywatch |
| Trump also retweeted Dawn Michael, a sex therapist whose tweets he has regularly amplified, who posited that "fear of the virus cannot collapse our economy." | 2020-03-23 13:53 | The Hill - All News |
| “The spread of COVID-19 is a global pandemic disrupting the lives and livelihoods of billions of people around the world,” said K12 CEO and Chairman Nate Davis. | 2020-03-23 13:51 | Business Wire Health News |
| US Fed aims 'bazooka' at coronavirus to backstop economy | 2020-03-23 13:50 | Channel News Asia - Business |
| Italy has sacrificed its economy and liberties by shutting down and banning almost everything to halt the spread of a virus the government views as an existential threat. | 2020-03-23 13:49 | News18 - World News |
| Other nations are watching also, as they calibrate their response to a virus whose spread is currently being fought by measures that are restricting people's freedoms and devastating economies. | 2020-03-23 13:49 | News18 - World News |
| Philippine central bank to release Php300 billion to fight coronavirus | 2020-03-23 13:39 | Gulf News - Business |
| Central bank to released funds to national government through bonds purchase MANILA, Philippines: A Php300-billion (about $6 billion, Dh21.4 billion) warchest against novel coronavirus pandemic will be released in the Philippines. | 2020-03-23 13:39 | Gulf News - Business |
| The Fed's announcement Monday removes any dollar limits from its plans to support the flow of credit through an economy that has been ravaged by the viral outbreak. | 2020-03-23 13:37 | CTV News |
| The move could set the stage for states with relatively low numbers of cases to begin to unfreeze their economies, while large states like California and New York — where there are more cases and where state officials have ordered nonessential businesses to close for the time being — could continue remaining in a holding pattern. | 2020-03-23 13:33 | Chicago Tribune - World |
| While the timing of a more significant mass reopening of cinemas is moot, and depends on the decisions of individual provincial governors, as well as the trend in coronavirus cases, some other parts of the Chinese economy are clearly getting back to work. | 2020-03-23 13:33 | Chicago Tribune - World |
| The Fed's announcement Monday removes any dollar limits from its plans to support the flow of credit through an economy that has been ravaged by the viral outbreak. | 2020-03-23 13:33 | Chicago Tribune - World |
| Malaysian Prime Minister Muhyiddin Yassin said the government may consider extending movement restrictions by up to two weeks, and would announce more economic stimulus to soften the blow from the coronavirus and weak oil prices. | 2020-03-23 12:53 | Reuters - World News |
| Davy, the country’s largest stockbroking firm, warned last week that the Irish economy may swing what was expected to be a year of 5.5 per cent gross domestic product (GDP) growth to an outright contraction if the coronavirus was not brought under control quickly. | 2020-03-23 12:52 | Irish Times - Business |
| The retweets shared by the president included warnings that the “fear of the virus cannot collapse our economy” and complaints that ordinary citizens are under “house arrest” at a time when officials are considering releasing nonviolent elderly criminals — a measure that Trump said had some merit during a coronavirus task force briefing at the White House on Sunday. | 2020-03-23 12:49 | Washington Post - Politics |
| Senate to resume talks on massive economic stimulus bill for coronavirus after Democrats block vote on legislation | 2020-03-23 12:49 | Washington Post - Politics |
| Senate leaders and Trump administration officials are resuming talks Monday morning on a giant stimulus bill aimed at propping up an economy hard-hit by the coronavirus, after weekend negotiations failed to produce a deal. | 2020-03-23 12:49 | Washington Post - Politics |
| The bill also contains provisions to send $1,200 checks to many Americans and make $350 billion available to small businesses as they struggle to stay afloat with many workers and consumers confined to their homes to avoid contracting or spreading the coronavirus. | 2020-03-23 12:49 | Washington Post - Politics |
| [The new coronavirus economy: A gigantic experiment reshaping how we work and live] Mnuchin said the sweeping economic package is designed to last for 10 to 12 weeks, and the administration would revisit whether it would seek additional assistance from Congress. | 2020-03-23 12:49 | Washington Post - Politics |
| The partisan friction on Capitol Hill partly results from lingering resentments among Senate Republicans over the last coronavirus relief bill, a $100-billion plus package enacted last week negotiated between Pelosi and Mnuchin. | 2020-03-23 12:49 | Washington Post - Politics |
| Airbus has not drawn down any credit lines and said it had enough liquidity to cope with the coronavirus with some 30 billion euros worth of liquidity available. | 2020-03-23 12:48 | Reuters - Business |
| Britain said on Friday it will pay a massive share of private sector wage bills to discourage bosses from firing staff as it resorts to war-time levels of borrowing to prop up the economy during its coronavirus shutdown. | 2020-03-23 12:48 | Reuters - Business |
| Fed mounts aggressive new steps to combat coronavirus hit to economy | 2020-03-23 12:48 | Reuters - Business |
| Traders betting on stock declines made $344 billion in just one month as coronavirus ravaged the market | 2020-03-23 12:47 | Business Insider |
| Read more: 'Massive implications': One market bear breaks down how the Fed's unprecedented actions before the coronavirus turmoil may have opened the door to a 72% crash Pharmaceutical company McKesson saw the biggest jump in shares shorted among individual stocks with a $3.2 billion increase. | 2020-03-23 12:47 | Business Insider |
| But Washington has made it clear to Iran that the spread of the virus will not save it from the sanctions, which are isolating its economy and choking off its oil revenues. | 2020-03-23 12:46 | The NY Post |
| Federal Parliament passes coronavirus economic stimulus package | 2020-03-23 12:45 | The Sydney Morning Herald - Latest News |
| Federal Parliament has passed the coronavirus economic stimulus measures designed to cushion the sledgehammer blow of the coronavirus. | 2020-03-23 12:45 | The Sydney Morning Herald - Latest News |
| Treasurer Josh Frydenberg held a press conference late on Monday night where he said the new stimulus package would continue to support Australians during the coronavirus crisis and they would continue to support business. | 2020-03-23 12:45 | The Sydney Morning Herald - Latest News |
| Is the coronavirus a temporary shock or will it do lasting damage to the global economy? | 2020-03-23 12:45 | Washington Post - Business |
| When China quarantined a large part of its population, the rest of the global economy was still humming. | 2020-03-23 12:45 | Washington Post - Business |
| Fed announces unlimited bond purchases in unprecedented move to help U.S. economy weather coronavirus meltdown | 2020-03-23 12:45 | Washington Post - Business |
| Live updates: U.S. markets brace for more pain as coronavirus stimulus package stalls | 2020-03-23 12:45 | Washington Post - Business |
| These measures taken to slow the spread of the virus are hitting our local economy particularly hard. | 2020-03-23 12:44 | The Sydney Morning Herald - National |
| TOKYO — SoftBank, operator of the world’s largest tech fund, said on Monday that it would sell as much as $41 billion in assets as it seeks to vacuum up its own shares, which have dropped precipitously in the last month amid investor concerns about the coronavirus outbreak. | 2020-03-23 12:44 | NY Times - Business News |
| The scope of the package is a clear indication that the Fed is throwing its full weight at confronting the economic fallout from the coronavirus, which poses a severe threat as factories shut down, people lose jobs and the economy grinds to a halt. | 2020-03-23 12:44 | NY Times - Business News |
| The Fed had already been acting almost daily to shore up the economy and keep markets functioning as coronavirus spreads, shutting down huge swathes of the United States and global economy and threatening to plunge the world into a deep and painful recession. | 2020-03-23 12:44 | NY Times - Business News |
| The virus has closed schools, emptied factories, and led to mass layoffs — the United States economy has ground to an abrupt standstill. | 2020-03-23 12:44 | NY Times - Business News |
| Japan mulls ¥30 trillion in economic stimulus to counter coronavirus impact | 2020-03-23 12:41 | Japan Times - Top Stories |
| The Cybersecurity 202: Democrats see coronavirus stimulus as last, best chance for vote-by-mail push | 2020-03-23 12:13 | Washington Post - Politics |
| Finding your first job in the coronavirus economy: A career coach's 5-step guide for recent grads | 2020-03-23 12:10 | Business Insider |
| SoftBank announces $41 billion asset sale to face coronavirus rout—and silence critics | 2020-03-23 12:06 | Fortune |
| Senate Democrats Block Massive Coronavirus Stimulus Bill | 2020-03-23 11:59 | National Review |
| Power Up: Trump won’t rule out possibility his private business could benefit from coronavirus stimulus | 2020-03-23 11:07 | Washington Post - Politics |
| Coronavirus stimulus relief plea from self-employed to Washington: 'We need help now' | 2020-03-23 11:01 | USA Today - Money Top Stories |
| Dems, GOP Divided As Coronavirus Stimulus Package Fails Senate | 2020-03-23 11:00 | PYMNTS.com |
| Coronavirus live updates: Congress can't agree on stimulus package; US deaths surpass 470 | 2020-03-23 10:54 | USA Today - National Top Stories |
| More Than 1 Billion People Worldwide Told to Stay Home Over COVID-19 Outbreak | 2020-03-23 10:46 | News18 - World News |
| In a Facebook post on Thursday, Mr Heng said the "supplementary budget" will support Singaporeans amid the outbreak, which has "inevitably taken a big toll on our economy". | 2020-03-23 10:42 | Channel News Asia - Singapore |
| Mr Heng announced on Mar 11 that the Government had begun working on a second stimulus package as both the global economy and COVID-19 outbreak have worsened since the first package was announced. | 2020-03-23 10:42 | Channel News Asia - Singapore |
| "Further deterioration in the COVID-19 outbreak is severely damaging the global economy," Morgan Stanley analysts warned on Monday. | 2020-03-23 10:42 | Channel News Asia - Singapore |
| Coronavirus: Over 1 billion people worldwide told to stay home over virus | 2020-03-23 10:42 | Gulf News - World |
| Some countries such as France, Italy and Argentina have imposed mandatory lockdown measure Paris: More than one billion people have been asked to stay home in more than 50 countries and territories around the world as governments battle the coronavirus pandemic sweeping the globe, according to an AFP tally Monday. | 2020-03-23 10:42 | Gulf News - World |
| “Since many of them, in the Gulf at least, are also implementing coronavirus containment measures, [which means that] many sectors of the economy will need some stimulus this year to stay afloat - tourism and hospitality in particular. | 2020-03-23 10:39 | Gulf News - Business |
| Religion is a solace for billions of people grappling with the outbreak. | 2020-03-23 10:30 | NY Times - World News |
| Japan to spend over $137 billion as virus hits economy, BOJ eyes more stimulus | 2020-03-23 09:47 | Reuters - World News |
| TOKYO (Reuters) - Japanese Prime Minister Shinzo Abe’s pledge of “huge” stimulus will involve spending of at least $137 billion financed in part by deficit-covering bonds, sources say, joining global efforts to cushion the economic blow from the coronavirus pandemic. | 2020-03-23 09:47 | Reuters - World News |
| “The key would be whether Japan’s economy can manage to bounce back, as the BOJ now projects, after a temporary slump caused by the coronavirus outbreak,” one of the sources said on condition of anonymity due to the sensitivity of the matter. | 2020-03-23 09:47 | Reuters - World News |
| The government is working on a package of measures to combat the widening economic fallout from the coronavirus that will involve direct fiscal spending exceeding 15 trillion yen ($137 billion), several government and ruling party lawmakers with direct knowledge of the issue said. | 2020-03-23 09:47 | Reuters - World News |
| Worldwide travel bans, event cancellations and supply chain disruptions caused by the coronavirus outbreak have added to strains on Japan’s economy already on the cusp of recession. | 2020-03-23 09:47 | Reuters - World News |
| An estimate by Dai-ichi Life Research Institute showed the coronavirus outbreak alone could shave 3.8 trillion yen off Japan’s 540 trillion yen economy. | 2020-03-23 09:47 | Reuters - World News |
| Last week, South Korea and the United States signed a $60 billion bilateral currency swap agreement in a move expected to relieve the liquidity crunch caused by the global spread of the new coronavirus. | 2020-03-23 09:46 | Yonhap News Agency |
| Malaysian Prime Minister Muhyiddin Yassin said the government may consider extending movement restrictions by up to two weeks, and would announce more economic stimulus to soften the blow from the coronavirus and weak oil prices. | 2020-03-23 09:23 | Reuters - World News |
| JAKARTA (Reuters) - Indonesia reported 65 new positive cases of coronavirus disease on Monday, bringing the total number of cases in Southeast Asia’s largest economy to 579, Health Ministry official Achmad Yurianto told reporters. | 2020-03-23 09:22 | Reuters - World News |
| “Further deterioration in the Covid-19 outbreak is severely damaging the global economy,” Morgan Stanley analysts warned on Monday. | 2020-03-23 09:22 | Irish Times - Business |
| Even before the coronavirus outbreak, Shell faced weaker revenue because of slowing demand for petrochemicals, which led it to slow its $25 billion three-year share buyback program late last year. | 2020-03-23 09:17 | Reuters - Business |
| Experts expect this package to be a hefty one, with some saying that it could be more than double the initial $6.4 billion set aside last month to cushion the economic blow from the coronavirus outbreak. | 2020-03-23 09:17 | Straits Times - Politics |
| As the coronavirus continues to spread around the world, it is abundantly clear that the global economy is entering a recession – the first we've seen since 2008. | 2020-03-23 09:15 | Big Think |
| As the coronavirus continues to spread around the world, it is abundantly clear that the global economy is entering a recession – the first we've seen since 2008. | 2020-03-23 09:15 | Big Think |
| Amid warnings the global economy is being irreparably damaged, a string of organisations including the AFL, NRL, Village Roadshow and Helloworld announced they were standing down staff or putting them on leave as restrictions aimed at curbing the spread of the coronavirus came into operation. | 2020-03-23 09:15 | The Sydney Morning Herald - Latest News |
| Last Updated Mar 23, 2020 at 3:02 am MDT The rapid spread of the coronavirus since it was first reported in China has dealt an unparalleled shock to the world economy. | 2020-03-23 09:13 | 660 News (Calgary) |
| Following are business developments Monday related to the outbreak as governments attempt to stabilize their economies, companies struggle to cope and millions of people face job losses and disruptions in supplies of goods and in services. | 2020-03-23 09:13 | 660 News (Calgary) |
| Coronavirus updates: Markets drop as Senate fails to advance stimulus | 2020-03-23 09:12 | CBSNews.com - Health |
| Governments scrambling to defend their own economies against the coronavirus pandemic are being urged to coordinate to ward off a long-term global recession and future waves of infections. | 2020-03-23 09:12 | CBSNews.com - Health |