Latest from Jonathan Frewin

• Mar 23, 2020

  Clothing brands cancel $1.5 billion of orders

  

  As stores on main street close indefinitely, garment workers in Bangladesh are at risk of losing their jobs. The OECD chief says a quick recovery is “wishful thinking.” Is France’s $370 billion emergency pot enough to support the economy?

  Read MoreSaveShare
• Mar 20, 2020

  California shelters in place

  

  Stocks mixed to start the day. California gets an order to “stay at home.” Financial institutions in New York have been ordered to waive, for now, some mortgage payments. How will COVID-19 affect the spring homebuying season?

  Read MoreSaveShare
• Mar 20, 2020

  Hiring and sick leave at one of the largest private employers

  

  Supermarket chain Kroger is hiring 10,000 people. Goldman Sachs predicts first-time unemployment claims will soar to 2.25 million. The White House wants $50 billion to help U.S. airlines stay alive, and another $150 billion for other distressed industries.

  Read MoreSaveShare
• Mar 20, 2020

  Italy calls on retired medics to bolster hospitals

  

  More than 8% of COVID-19 cases in Italy are among health care workers. European shares rise as oil prices rally. Germany considers a $540 billion emergency business support fund. Slack workers try out a virtual pub quiz.

  Read MoreSaveShare
• Mar 19, 2020

  COVID-19 drives unemployment claims up

  

  There were 281,000 more people who signed up for unemployment benefits last week. The big three Detroit automakers say they’re shutting down factories until at least March 30. The cities and states putting temporary holds on evictions.

  Read MoreSaveShare
• Mar 19, 2020

  Keeping money market funds safe

  

  The Fed offers emergency loans to what are considered low-risk money market mutual funds, and why that’s important. An early measure of layoffs during COVID-19. Price discrimination in the age of coronavirus.

  Read MoreSaveShare
• Mar 19, 2020

  European Central Bank pledges “no limits” to bolster economies

  

  The European Central Bank will buy government and company debt across the eurozone, including that of Greece and Italy. The British pound is at a 30-year low against the U.S. dollar. A bar turns to at-home wine tasting.

  Read MoreSaveShare
• Mar 18, 2020

  Paying taxes, postponed

  

  Crude oil at its lowest point in 17 years. A penalty-free, interest-free delay on paying taxes you owe to the federal government. Partial, rotating factory shutdowns for U.S. automakers. How homeless shelters are handling social distancing.

  Read MoreSaveShare
• Mar 18, 2020

  $1 trillion to cushion the economy

  

  The White House’s plan to send money directly to Americans to soften the economic blow from COVID-19: How would it work? Businesses in London finding it harder to “keep calm and carry on.”

  Read MoreSaveShare
• Mar 18, 2020

  Can the internet cope with a working from home surge?

  

  As more people use their home offices, broadband networks face greater demand. Investors are still wary, even after lots of government stimulus. Keeping calm and carrying on is getting harder for British restaurants.

  Read MoreSaveShare