Global markets fall despite the Fed cutting interest rates to near zero. Airlines slash capacity and ask for government support. French perfume brands start producing hand sanitizer.
Stock markets are up enough to get your attention. In some job fields, companies are actually trying to hire more right now. Health insurance and the question of a public good during the time of COVID-19.
After the biggest stock market drop since the 1987 crash, prices stabilizing so far. A lot happening in financial markets that isn’t supposed to happen. A COVID-19 response bill.
Across the world, markets are seeing red because of COVID-19. How brick-and-mortar retailers are trying to keep customers safe. Companies in the U.S. are changing their paid sick time policies.
A travel ban on Europe, promises of aid to U.S. workers. How the European Union and its markets are handling the news. Checking in with the cruise industry.
President Trump has announced sweeping travel restrictions on 26 European countries. All eyes on the European Central Bank as markets await stimulus measures. The NBA halts all games after a Utah Jazz player tests positive for the virus.
Governments around the globe figure out how to fight back against COVID-19. The Coachella and Stagecoach music festivals scheduled for next month get postponed. The federal government still needs to find 500,000 people to work the 2020 census.
President Trump’s push for a payroll tax cut. What action will Europe take to support its economy during the new coronavirus outbreak? How banning political ads on certain social media platforms is affecting campaigns.
The Bank of England has announced an emergency cut in interest rates to shore up the economy amid the COVID-19 outbreak. U.K. Chancellor Rishi Sunak will unveil his first budget today. Singapore presents an instructive test case for virus containment.