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Two more senators made hefty stock sales before the coronavirus pandemic tanked global markets, records revealed as two other lawmakers who dumped millions in shares faced mounting calls to resign. Sens. Dianne Feinstein and Jim Inhofe sold as much as $6.4 million worth of stock in the weeks before panic about the coronavirus sparked a …
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Cirque du Soleil, the Montreal-based entertainment company that is the largest contemporary circus producer in the world, has temporarily laid off almost its entire workforce after the coronavirus pandemic forced it to cancel shows. Job cuts will affect 95% of its staff, more than 4,000 people, the company said in a statement. It added that …
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Mike “The Situation” Sorrentino and his wife, Lauren, want their fans to “stay safe and stay positive” while in isolation during the coronavirus pandemic. The couple let Page Six into their home refrigerator and food pantry, where the “Jersey Shore” star says they are “stocked up for the apocalypse,” revealing packed shelves of diet soda, …
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Oil prices rose on Friday as the world’s richest nations poured unprecedented aid into the global economy to stop a coronavirus-driven recession and U.S. President Donald Trump hinted he may intervene in the price war between Saudi Arabia and Russia. Brent crude futures LCOc1 were up $2.12, or 7.4%, at $30.59 a barrel by 1012 …
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From Spanish flu to Japanese tsunami, governments grappled with the trade-off between public health and economic stability . The coronavirus has unleashed a massive economic shock on the U.S. and the world. It began with disruptions to supply chains and restrictions on travel and is now rapidly expanding via spontaneous and government-imposed “social distancing” measures …
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Ivanka Trump returned to work at the White House Friday as senior adviser for president Trump after testing negative for the coronavirus. Ivanka Trump had been working from home since last Friday, after an Australian official she met with earlier in March subsequently tested positive for COVID-19. She did not show symptoms for the virus …
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The U.S. is restricting travel along the border with Mexico in an effort to stem the spread of the coronavirus, the Trump administration announced Friday. President Trump announced at a White House press briefing that non-essential travel would no longer be permitted between the U.S. and Mexico. The restrictions are the same ones applied to …
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Senate Democrats and Republicans say they are eager to pass a third coronavirus economic stimulus bill in a rushed fashion, despite some substantive policy disagreements. “I tasked a bipartisan team to reach an agreement by the end of the day today,” Senate Majority Leader Mitch McConnell said on Friday morning. Senate Republicans on Thursday announced …
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New York City Mayor Bill de Blasio called on President Trump to mobilize the U.S. military to combat the spread of COVID-19 in the United States. “The order has not been given by the commander in chief because he’s not acting like a commander in chief,” De Blasio said on MSNBC’s “Morning Joe” Friday. “He …
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Big-box retailer Walmart Inc said on Thursday it would hire more than 150,000 hourly workers in the United States, citing a jump in shoppers due to the coronavirus pandemic. Rival Amazon.com Inc made a similar move earlier this week, announcing it would hire 100,000 warehouse and delivery workers in the United States as the virus …