-
US stocks continued a modest recovery on Friday from their coronavirus-fueled crash as investors started to take solace in government efforts to assuage the pandemic’s economic damage. The Dow Jones industrial average climbed as much as 347.11 points, or 1.7 percent, at the open after gaining 1 percent Thursday. The S&P 500 rose 1 percent …
-
President Trump last week rejected an aggressive response to attacks by Iran-backed militias on U.S. forces in Iraq, because he thought an attack on Iranian forces would look bad while the country and the world are fighting the Wuhan coronavirus pandemic, NBC reported on Thursday. On March 11, Iran-backed militia Kataib Hezbollah killed two American …
-
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, …
-
New York governor Andrew Cuomo on Thursday ordered 75 percent of workers in “nonessential” businesses to work from home amid the Wuhan coronavirus pandemic. Essential businesses include grocery stores, delivery services, pharmacies, and health care positions. The governor has also waived mortgage payments for 90 days for people economically affected by the coronavirus, including those …
-
A federal judge in Manhattan dismissed a lawsuit claiming that the Trump administration was purposefully withholding funding from the U.S. Census Bureau to cause racial and ethnic minorities to be undercounted in the 2020 census. U.S. District Judge Alvin Hellerstein said in his ruling that the case was too speculative, and that the U.S. Constitution …
-
Forty years ago, on the morning of March 20, 1980, Morty Gilbert was sitting in his Midtown office at Elektra Asylum Records when a stranger arrived in his doorway. The man was wearing a down jacket and jeans. He carried a briefcase. “He looked very average,” Gilbert, the record company’s then-sales manager, recalled. “He seemed to …
-
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 …
-
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 …
-
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 …
-
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 …