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This Week: Consumer confidence, jobless claims, jobs report
A look at some of the key business events and economic indicators upcoming this week: WANING CONFIDENCE The Conference Board issues its latest monthly reading on U.S. consumer confidence Tuesday. February's reading climbed to 130.7, the highest since August. That survey was conducted too early in the month to get...
The Latest: UN says 86 staffers around world reported cases
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — U.N. says 86 staffers around world have reported cases of...
Trump signs $2.2T stimulus after swift congressional votes
WASHINGTON (AP) — President Donald Trump signed an unprecedented $2.2 trillion economic rescue package into law after swift and near-unanimous action by Congress to support businesses, rush resources to overburdened health care providers and help struggling families during the deepening coronavirus...
US eyes new outbreaks as infections worldwide top 590,000
NEW ORLEANS (AP) — New Orleans rushed to build a makeshift hospital in its convention center Friday as troubling new outbreaks bubbled in the United States, deaths surged in Italy and Spain and the world warily trudged through the pandemic that has sickened more than a half-million people. In a reminder no...
Stay-at-home order expands as overflow facilities get ready
HARRISBURG, Pa. (AP) — Gov. Tom Wolf put another 2.5 million Pennsylvania residents under an order that restricts people from leaving home Friday, as his administration confirmed more coronavirus cases and deaths and major facilities were enlisted to help with hospital overflows. Wolf, in a statement,...
Staying afloat: $2.2 trillion bill offers economic lifeline
WASHINGTON (AP) — In the coronavirus crisis, even doctors can face a cash crunch. Dr. Benjamin Ticho, an ophthalmologist in Chicago Ridge, Illinois, has seen his revenue plunge 80% as patients stay home and he cancels non-emergency surgeries. He’s cut his staff’s hours sharply and is...
The Latest: Singapore penalizing social distancing violators
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people, but for some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — U.S. leads the world in confirmed coronavirus cases...
Half-million infected worldwide as economic toll rises
The human and economic toll of the lockdowns against the coronavirus mounted Thursday as India struggled to feed the multitudes, Italy shut down most of its industry, and a record-shattering 3.3 million Americans applied for unemployment benefits in a single week. The U.S. surpassed official Chinese government...
Jobless claims swamp Pennsylvania amid rise in virus cases
HARRISBURG, Pa. (AP) — The number of confirmed coronavirus cases in Pennsylvania rose by 50% to more than 1,600 cases, while record numbers of state residents filed for unemployment compensation, the most in the nation, according to figures released Thursday. The state Department of Health also said five...
Washington set to deliver $2.2 trillion virus rescue bill
WASHINGTON (AP) — With rare bipartisanship and speed, Washington is about to deliver massive, unprecedented legislation to speed help to individuals and businesses as the coronavirus pandemic takes a devastating toll on the U.S. economy and health care system. The House is set to pass the sprawling, $2.2...
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