Federal efforts to keep businesses operating and workers employed have so far failed to stop the bleeding as the coronavirus tears through the economy in devastating ways. Source link
Day: 9 April 2020
Your remote work questions, answered
Many Americans have found themselves quickly adjusting to new routines, offices and “co-workers” as mass lockdowns keep millions of employees confined to their homes and apartments. Source link
Fed rolls out $2.3 trillion to backstop 'Main Street,' local governments
The U.S. Federal Reserve on Thursday announced a broad, $2.3 trillion effort to bolster local governments and small and mid-sized businesses, the latest in an expanding suite of programs meant to keep the U.S. economy intact as the country battles the coronavirus pandemic. Source link
Coronavirus latest: Germany to carry out first large-scale antibody testing
Coronavirus latest: Germany to carry out first large-scale antibody testing Source link
Unemployment Tally Expected to Surge by Millions: Live Updates
Live updates on stock market and business news during the coronavirus outbreak. Source link
While the World Spends on Coronavirus Bailouts, China Holds Back
Beijing has tried to protect jobs and spur lending, but it may have to do more to get its huge, damaged and incredibly complex economy going again. Source link
U.S. senator to liquidate individual stock shares after coronavirus flap
U.S. Senator Kelly Loeffler said on Wednesday she would liquidate her individual stock share positions after the wealthy Republican and her husband were criticized over sales of millions of dollars in stock during the coronavirus outbreak. Source link
US stocks rise on hopes outbreak could be nearing peak
Asia-Pacific indices broadly higher after S&P 500 closes up 3.4% Source link