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The travel industry has been decimated by the coronavirus — with estimates of over $24 billion lost as 825,000 jobs have been wiped out and more than 8.2 million visitors stay away from the United States alone. But with the storm clouds come a silver lining. Without the steady stream of cruise ships (some of …
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Saved by the Fed. Federal Reserve programs, estimated at $6 trillion after some $2 trillion in promised fiscal stimulus last week, have averted a Depression-era crisis for US banks, some analysts say. But the enormous Fed sums may not be enough to fully cushion banks from a financial shock that was already building before the …
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Lana Meli’s survivor challenge is the story of tens of thousands of business owners in New York, the region and the nation. The proprietor of Lana’s Loft, a Rockaway Park dress shop, she thinks her small store might survive — but only under the right circumstances: That she receives effective federal help and can re-open …
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Washington is finally beginning to get it. The Federal Reserve has put forth bold initiatives, and followed up with action. The Treasury and the administration have also devised creative plans to go along with the Fed’s actions — and separately helped to develop a robust economic “time-out” package sufficient to help stabilize the economy for …
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With the bulk of free agency in the books around the NFL, and certainly for the Giants, it is a good time to sit back and assess what general manager Dave Gettleman did and why, and where the players he added eventually will fit in. Following Saturday’s signing of former Jets tight end Eric Tomlinson, …
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The president said he plans to speak with New York Gov. Andrew Cuomo later Saturday. President Donald Trump said his administration could announce a large-scale two-week quarantine of New York and the surrounding area later Saturday. “We might not have to do it but there’s a possibility that sometime today we’ll do a quarantine — …
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A deputy with the New York Police Department has died from the coronavirus as the department struggles with staff shortages and hundreds of infected officers. Police Commissioner Dermot Shea announced Saturday that Detective Cedric Dixon, who worked for the NYPD for 23 years, has died. The officer, who had underlying health conditions, was hospitalized three …
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Organizers have canceled the men’s and haute couture fashion weeks in Paris because of the coronavirus outbreak, organizers said. “In light of the spread of the COVID-19 epidemic worldwide, strong decisions are required to ensure the safety and health of (fashion) houses, their employees and everyone working in our industry,” the Federation de la Haute …
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ESPN NBA reporter Doris Burke has tested positive for the coronavirus, the reporter announced on Friday. Burke made her announcement on The Woj Pod with the network’s Adrian Wojnarowski. Doris Burke joins The Woj Pod to reveal she's tested positive for the COVID-19 virus. She details her symptoms, her hospital testing experience, recovery and goal …
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President Trump signed an executive order on Friday that allows the Pentagon to mobilize former U.S. troops and members of the National Guard to help supplement troops already being used to combat the coronavirus outbreak in the country. Trump’s order allows the heads of the Army, Navy, Air Force and Homeland Security to recall up …