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How To Avert Economic Catastrophe: Ideas From 5 Top Economists
Avoid layoffs at any cost. Set up emergency financing for states and cities to help health systems. Cut regulations to speed medical response. Those are some recommendations from leading economists.
Pelosi Expresses 'Real Optimism' About Reaching Coronavirus Aid Deal
The House speaker said a Senate agreement could be "done in the next few hours." The remarks are a boost for an approximately $2 trillion deal to revitalize an economy hobbled by the outbreak.
Dow Jumps A Record 2,100 Points As Stimulus Deal Awaited
U.S. stock indexes surged as negotiations continued over a massive stimulus package to help the crippled economy deal with the growing effects of the coronavirus pandemic.
Tokyo Olympics Postponed For A Year
The 2020 Games were supposed to begin in late July. "The unprecedented and unpredictable spread of the outbreak has seen the situation in the rest of the world deteriorating," organizers say.
New York Gov. Andrew Cuomo Takes The Spotlight In Coronavirus Response
Cuomo is known as a "take-no-prisoners kind of guy." He's been getting praise even from some critics for his daily briefings and decisive actions as New York becomes the hardest hit state in the U.S.
Coronavirus: WHO Head Says Nations Must Attack As 'Pandemic Is Accelerating'
Despite an alarming rush past 300,000 cases worldwide, the WHO's leader says, "We're not helpless bystanders. We can change the trajectory of this pandemic."
Testing Florida's Largest Retirement Community For Coronavirus
Florida is home to millions of retirees and, tens of thousands of people live in an area called The Villages. The elderly are particularly vulnerable to the coronavirus
Trump Stresses Need To Reopen America While Continuing To Fight The Coronavirus
The White House team says it will make an assessment after next week as to how effective social distancing and other mitigation measures have been in stifling the spread of the virus.
U.S. Olympics Officials Say 2020 Games Should Be Postponed Because Of Coronavirus
The top leaders of the U.S. organization say postponement from the planned July 24 opening is best, and international officials should ensure that conditions are safe and fair for all competitors.
White House Not Using Defense Powers To Boost Medical Supplies
President Trump has issued contradictory statements about whether he's ordering private companies to ramp up production of medical goods. At the center of all this is the Defense Production Act.
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