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The Federal Reserve issued its most aggressive intervention to date to help markets struggling with coronavirus uncertainty to recover, including an expansion into its asset purchases with an unlimited commitment to buy agency mortgage-backed securities, and the establishment of a new loan program for small businesses. “The coronavirus pandemic is causing tremendous hardship across the …
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Senate Democrats blocked a massive emergency coronavirus funding package from moving forward Sunday evening on the grounds that the package favored corporations over working Americans. The Senate voted 47-to-47 on moving forward with a “shell” bill, a placeholder that the actual final text of the emergency funding bill would eventually fill, short of the 60-votes …
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President Trump announced Sunday that the federal government would activate the National Guard to help California, New York, and Washington — three of the states hit hardest by the coronavirus pandemic — deal with the outbreak. “The federal government will be funding 100 percent of the cost of deploying national guard units to carry out …
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Tech giants Facebook, Apple and Salesforce have pledged to donate millions of masks to help health-care workers facing a shortage of protective gear during the coronavirus crisis. Facebook is working to source millions of masks to give away after donating 720,000 that the social-media giant had stockpiled in case wildfires continued in its home state …
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Senator Rand Paul has tested positive for coronavirus, his office announced on Sunday, making him the first U.S. senator to contract the deadly respiratory illness that continues to spread across the country. The Kentucky Republican has no symptoms but “was tested out of an abundance of caution due to his extensive travel and events. He …
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A strong earthquake has shaken Croatia and its capital, causing widespread damage and panic. No casualties were initially reported. The European seismological agency, EMSC, said the earthquake measured 5.3 and struck a wide area north of the capital, Zagreb, at 6.23am (0523 GMT) Sunday. Witnesses say several buildings have cracked walls and rooftops have been damaged. …
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The coronavirus pandemic doesn’t just hit the elderly — it also hits the “younger.” Debi Mazar, 55, took to Instagram to describe her symptoms and tell fans she’s OK after testing positive for COVID-19. The actress, who co-stars with Sutton Foster and Hilary Duff on TV Land’s hit show “Younger,” wrote that her husband and …
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Workers fired or dislocated by the coronavirus have big questions about everything from health care and unemployment benefits to fears of termination and Chinese virus exposure. Employment attorneys and other experts are being flooded with queries from people lacking immediate answers on their most basic rights in these unprecedented times, with many folks nervous about …
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Read More: Drake self-isolates after partying with Kevin Durant before Chinese virus diagnosis Lala Kent and Randall Emmett postpone wedding amid Chinese virus outbreak 2020 Cannes Film Festival postponed over Chinese virus For once, Broadway isn’t going to quickly bounce back
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Rihanna is doing her part to combat the spread and overall effects of coronavirus by donating $5 million to the cause via her Clara Lionel Foundation. The singer, 32, made the multi-million dollar pledge to support several organizations in need, including food banks in at-risk communities throughout the US. It will also go toward supporting …