Stock futures rally sharply now even as Congress continues to argue over balancing aid to people versus aid to companies. How health care professionals get licensed. A partial lift of the virus lockdown in Wuhan is ahead.
As Britain tightens its lockdown, one tourist guide has a novel approach to working from home. Share buybacks face criticism as governments and banks provide emergency supports for companies.
The Fed says it will buy as many bonds as it takes to prop up credit. Britain’s finance minister has pledged to pay up to 80% of paychecks. PG&E pleads guilty to criminal charges in 2018 Camp Fire.
Software will temporarily take over for the New York Stock Exchange so human traders don’t have to come to work. Tax Day moved to July 15. The SEC is watching out for insider trading during the pandemic.
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?
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?
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.
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.
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.
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.