Finance news

• Coronavirus latest news: Trump wants to lift lockdown to protect US economy

  23-03-2020 23:58 via news.yahoo.com
  
  PM orders biggest lockdown of society in British history What the UK lockdown means for you Track the UK's coronavirus cases Subscribe to The Telegraph, free for one month Get daily coronavirus updates in your inbox Donald Trump has said he could lift lockdown measures in weeks rather than months because the effect of the coronavirus shut-down is choking the US economy. He told reporters that there could be "bigger problems" than the virus if the economy was not protected. Meanwhile, Boris Johns
  
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• Coronavirus latest news: Police besieged by public with calls over lockdown

  23-03-2020 23:58 via news.yahoo.com
  
  PM orders biggest lockdown of society in British history What the UK lockdown means for you Track the UK's coronavirus cases Subscribe to The Telegraph, free for one month Get daily coronavirus updates in your inbox Boris Johnson is facing calls for clarity after placing the UK on a police-enforced lockdown with drastic new measures in the fight against the coronavirus outbreak. The Prime Minister ordered people only to leave their homes under a list of "very limited purposes", banned public gat
  
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• Trump says U.S. must 'totally protect' Asian American community amid coronavirus pandemic

  23-03-2020 23:43 via news.yahoo.com
  
  President Trump on Monday evening said it is imperative that Asian Americans do not experience harassment amid the COVID-19 coronavirus pandemic."It's very important that we totally protect our Asian American community in the United States and all around the world," he said. "They're amazing people and the spreading of the virus is not their fault in any way, shape, or form. They're working closely with us to get rid of it. We will prevail together. It's very important."Trump has referred to COV
  
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• People say social distancing is helping them give hair, skin a break

  23-03-2020 23:38 via news.yahoo.com
  
  If you're at home social distancing, why not give your hair and skin a break.
  
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• Trump Now Says He Wants to Open the Country in Weeks, Not Months

  23-03-2020 23:34 via news.yahoo.com
  
  President Donald Trump insisted Monday night that he’s looking to “open up our country” in weeks and not months as the United States continues to face the coronavirus pandemic. “I’m not looking at months, I can tell you right now,” Trump said at a briefing with the White House coronavirus task force. “We’re going to be opening up our country, and we’re going to be watching certain areas.”The president’s comments came as there
  
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• Trump Urges Senate to ‘Make a Deal’ on Stimulus: Congress Update

  23-03-2020 23:32 via news.yahoo.com
  
  (Bloomberg) -- Republicans and Democrats in Congress are negotiating with Treasury Secretary Steven Mnuchin Monday in an attempt to reach a compromise on Majority Leader Mitch McConnell’s bill worth as much as $2 trillion to help soften the economic blow from the coronavirus pandemic.Here are the latest developments:Trump Urges Senate to ‘Make a Deal’ on Stimulus (6:27 p.m.)President Donald Trump urged the Senate to put partisan differences aside and pass McConnell’s near
  
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• 11 air traffic control centers have been temporarily closed after workers tested positive for coronavirus, highlighting a vulnerability in air travel

  23-03-2020 23:28 via news.yahoo.com
  
  The spread of the novel coronavirus into FAA air traffic facilities has the ability to grind air travel in the US to a halt if not properly contained.
  
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• Trump says he will 'reopen' US in three weeks against advice of doctors who 'want to keep world shut forever'

  23-03-2020 23:25 via news.yahoo.com
  
  Donald Trump said he intends to re-open the United States from its coronavirus shutdown sooner than in three or four months, as some experts have predicted the lockdown should last, even saying he might consider such an order when a White House-mandated 15-day period to shutter much of the economy ends next week. However, it is unclear if state and local officials would even follow such presidential guidance – especially in hard-hit areas."Our country wasn't built to be shut down," Mr Trum
  
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• False messages are circulating that claim Netflix is giving away 'free passes' during the coronavirus pandemic

  23-03-2020 23:25 via news.yahoo.com
  
  A Netflix spokesperson confirmed to Business Insider that the company is not giving away free passes to people in isolation, as the messages claim.
  
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• 'America is not a place to be shutdown': Trump says he will 'reopen' US before June

  23-03-2020 23:25 via news.yahoo.com
  
  Donald Trump said he intends to re-open the United States from its coronavirus shutdown sooner than in three or four months, as some experts have predicted the lockdown should last, even saying he will consider such an order when a White House-mandated 15-day period to shutter much of the economy ends next week. However, it is unclear if state and local officials would even follow such presidential guidance – especially in hard-hit areas."Our country wasn't built to be shut down," Mr Trump
  
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• Italy coronavirus deaths rise by 602 in a day, lifting total death toll to 6,077, suggesting downward trend

  23-03-2020 23:20 via news.yahoo.com
  
  The death toll from the coronavirus outbreak in Italy has grown by 602 to 6,077, the head of the Civil Protection Agency said on Monday, the smallest rise in numerical terms since Thursday, suggesting a clear downward trend.
  
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• A 39-year-old otherwise healthy New Orleans woman who showed signs of the novel coronavirus died alone in her kitchen awaiting test results

  23-03-2020 23:20 via news.yahoo.com
  
  "I don't want to be sick anymore," Natasha Ott, a 39-year-old social worker, texted days before her death. Her COVID-19 results are still unknown.
  
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• S.Africa orders lockdown as continent moves to stop virus spread

  23-03-2020 23:16 via news.yahoo.com
  
  Numerous sub-Saharan countries acted to stem the spread of coronavirus on Monday, with South Africa announcing a soldier-patrolled lockdown and Senegal and Ivory Coast each declaring a state of emergency.The pandemic had been slow to spread in Africa compared to the Middle East and Europe, but in recent days the number of deaths and infections have increased, sparking concerns about the continent's vulnerability to contagious diseases.South Africa's President Cyril Ramaphosa said the government
  
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• Coronavirus: How to apply for government business support

  23-03-2020 23:15 via news.yahoo.com
  
  What help is available for companies dealing with the pandemic, and how can businesses claim it?
  
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• 'Stay at home' New Zealand PM urges ahead of coronavirus lockdown

  23-03-2020 23:14 via news.yahoo.com
  
  Prime Minister Jacinda Ardern urged New Zealanders on Tuesday to reduce contacts to a bare minimum to help fight the coronavirus, as the country prepared for a one-month lockdown.New Zealand's cases of the coronavirus crossed the 100 mark this week as the government imposed self-isolation for everyone, with all non-essential services, schools and offices to be shut for a month from midnight on Wednesday.New Zealand has fewer infections than many other countries but Ardern's government wants to m
  
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• Trump calls to protect Asian Americans after virus uproar

  23-03-2020 23:07 via news.yahoo.com
  
  US President Donald Trump called Monday for protection of Asian Americans after charges that his use of the term "Chinese virus" had aggravated a backlash."It is very important that we totally protect our Asian American community in the United States, and all around the world," Trump wrote on Twitter.Asian American activists have reported a spike in bias incidents since the epidemic erupted, including a woman who was followed and beaten on the New York subway.
  
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• U.K. in Lockdown; Florida to Isolate N.Y. Arrivals: Virus Update

  23-03-2020 22:59 via news.yahoo.com
  
  (Bloomberg) -- The U.K. will go into lockdown after Prime Minister Boris Johnson ordered sweeping measures to keep people from leaving their homes for at least three weeks.Governors of Michigan, Massachusetts, West Virginia and Wisconsin implemented stay-at-home policies. The Federal Reserve announced a second wave of initiatives to support the U.S. economy after Democrats blocked the Senate from advancing a rescue plan.Deaths in Italy, the epicenter of the outbreak in Europe, slowed for a secon
  
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• World stocks drop again on mounting economic toll from virus

  23-03-2020 22:48 via news.yahoo.com
  
  Global stocks mostly tumbled Monday despite fresh stimulus announcements as the economic toll from the coronavirus continued to mount.The US Federal Reserve unveiled a batch of additional aggressive measures to support the economy, but the boost was countered when a stalemated United States economy again failed to advance a key stimulus measure.Meanwhile, German ministers agreed to blast through a constitutional limit on government deficits with 156 billion euros of new borrowing to fight the im
  
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• Testing blunders crippled US response as coronavirus spread

  23-03-2020 22:45 via news.yahoo.com
  
  A series of missteps at the nation's top public health agency caused a critical shortage of reliable laboratory tests for the coronavirus, hobbling the federal response as the pandemic spread across the country like wildfire, an Associated Press review found.President Donald Trump assured Americans early this month that the COVID-19 test developed by the Centers for Disease Control and Prevention is “perfect” and that “anyone who wants a test can get a test.”In the critic
  
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• Loss of smell, taste, might signal pandemic virus infection

  23-03-2020 22:37 via news.yahoo.com
  
  A loss of smell or taste might be an early sign of infection with the pandemic virus, say medical experts who cite reports from several countries.The idea of a virus infection reducing sense of smell is not new.Respiratory viral infection is a common cause of loss of smell, because inflammation can interfere with airflow and the ability to detect odors.
  
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• Hotels, Restaurants Seek More Stimulus Aid: Congress Update

  23-03-2020 22:37 via news.yahoo.com
  
  (Bloomberg) -- Republicans and Democrats in Congress are negotiating with Treasury Secretary Steven Mnuchin Monday in an attempt to reach a compromise on Majority Leader Mitch McConnell’s bill worth as much as $2 trillion to help soften the economic blow from the coronavirus pandemic.Here are the latest developments:Hotels, Restaurants Seek More Stimulus Aid (5:37 p.m.)Trade groups representing restaurants, travel destinations and hotels are calling on Congress to increase the loan amount
  
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• Tom Cotton Slams Democrats’ Delay on Coronavirus Relief: ‘Disgraceful’

  23-03-2020 22:33 via news.yahoo.com
  
  Senator Tom Cotton (R., Ark.) on Monday afternoon slammed Democrats for delaying a vote on a massive coronavirus-relief package, accusing them of holding up the bill in an attempt to check of items on their “ideological wish-list.”“There is a good bill, a bill that was negotiated in good faith over the weekend with many Democrats . . . that they are now blocking, that they will not even start debate on because of ideological wish-list items,” Cotton said on the Senate flo
  
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• Denver's mayor orders residents to stay inside except for essential needs — and even tried to shut down liquor stores and recreational marijuana shops

  23-03-2020 22:28 via news.yahoo.com
  
  Citizens of Denver, the largest city in Colorado, are not allowed outdoors except to run essential errands, such as getting food, medicine, and exercise.
  
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• Oregon issues 'stay home' order amid intense criticism over Covid-19 response

  23-03-2020 22:24 via news.yahoo.com
  
  Vulnerable state, which has recorded 191 cases and five deaths, may be poorly positioned to weather the crisis* Coronavirus – latest updates* See all our coronavirus coverageThe Oregon governor issued a sweeping “stay home, save lives” order on Monday, after facing intense criticism for not taking strong enough measures to combat the Covid-19 pandemic in a state which may be poorly positioned to weather the crisis.Kate Brown’s order mandated the closure of a range of busi
  
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• What to do if someone in your home gets sick with the coronavirus

  23-03-2020 22:18 via news.yahoo.com
  
  The sick person should stay in a room separate from others, and use their own linens, towels, and eating utensils. Daily cleaning practices are a must.
  
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• Midwives Slam NYC Hospital for Forcing Women to Give Birth Alone

  23-03-2020 22:15 via news.yahoo.com
  
  A group of New York City midwives slammed a Manhattan hospital’s new policy prohibiting partners in delivery rooms this week, warning that the restrictions to combat COVID-19 could lead to more expectant mothers giving birth at home “whether or not that is the best medical decision for them.”“NYC Midwives calls on the State of New York and all New York hospitals to follow WHO guidelines and affirm their commitment to allowing one essential support person to accompany all
  
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• White House press corps confirms ‘suspected case’ of coronavirus in the briefing room

  23-03-2020 22:10 via news.yahoo.com
  
  A member of the White House press corps who has been in the briefing room several times with President Trump has come down with a suspected case of coronavirus. White House Correspondents Association President Jon Karl announced the situation in an email to the group’s membership on Monday afternoon. 
  
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• White House press corps confirms 'suspected case' of coronavirus in the briefing room

  23-03-2020 22:10 via news.yahoo.com
  
  A member of the White House press corps who has been in the briefing room several times with President Trump has come down with a suspected case of coronavirus. 
  
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• Some U.S. wealth advisers tell clients to stay put as markets fall

  23-03-2020 22:10
  
  The deepest U.S. stock market sell-off since the 2008 financial crisis is prompting some financial advisers to tell wealthy clients to hold steady or even increase their equity exposure if they have...
  
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• COVID-19 symptoms can be all or nothing: 'This virus just has the whole kit and caboodle'

  23-03-2020 22:09 via news.yahoo.com
  
  People who contract COVID-19 can experience a broad range of symptoms and have very different experiences with the disease.
  
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• China’s Mask Mercantilism

  23-03-2020 22:01 via news.yahoo.com
  
  As the novel coronavirus continues its deadly march from Wuhan across the globe, Chinese Communists are attempting to turn the pandemic, which was largely caused by their own complacency and incompetence, into a propaganda victory by highlighting stories of China delivering supplies and expertise to the countries it infected. The American chatterati is starting to worry about China seizing global leadership, but it should calm down. The United States and its democratic allies are still providing
  
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• Israel right-wing parties boycott parliament re-opening

  23-03-2020 21:58 via news.yahoo.com
  
  Israeli right-wing parties backing Prime Minister Benjamin Netanyahu boycotted the re-opening of parliament Monday to protest what they called the "dictatorial" conduct of their centrist rivals.The dramatic move came after a year of political turmoil that saw three inconclusive elections, and as Netanyahu has imposed strict legal and security measures to deal with the coronavirus pandemic.Netanyahu's right-wing Likud party accused the centrist Blue and White, led by ex-military chief Benny Gantz
  
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• People are making DIY masks to fight coronavirus. But do they actually work?

  23-03-2020 21:55 via news.yahoo.com
  
  With a national shortage of N95 and surgical masks, some Americans are sewing homemade masks. Experts advise, though, that they may not be effective.
  
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• Put the Fed in Charge of the Coronavirus Bailout

  23-03-2020 21:45 via news.yahoo.com
  
  (Bloomberg Opinion) -- In a battle reminiscent of the initially unsuccessful efforts to pass legislation to address the Great Recession in 2008, Republicans and Democrats have thus far failed to advance a $2 trillion relief bill for the coronavirus recession. The only way forward may be to let the Federal Reserve resolve this dispute.The sticking point in negotiations is a provision giving the Treasury Department nearly $500 billion to make loans to troubled corporations. Democrats argue that it
  
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• Pelosi to Release $2.5 Trillion Counteroffer: Congress Update

  23-03-2020 21:40 via news.yahoo.com
  
  (Bloomberg) -- Republicans and Democrats in Congress are negotiating with Treasury Secretary Steven Mnuchin Monday in an attempt to reach a compromise on Majority Leader Mitch McConnell’s bill worth as much as $2 trillion to help soften the economic blow from the coronavirus pandemic.Here are the latest developments:Pelosi to Release $2.5 Trillion Counteroffer (4:24 p.m.)House Democrats are preparing to release a $2.5 trillion virus stimulus measure in a bid to influence ongoing talks on t
  
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• Malaria drugs' promise for coronavirus spurs hope, shortages

  23-03-2020 21:38 via news.yahoo.com
  
  Excitement about treating the new coronavirus with malaria drugs is raising hopes, including with President Donald Trump.Chloroquine and a similar drug, hydroxychloroquine, showed encouraging signs in small, early tests against the coronavirus.Some French doctors and politicians also are pushing to expand hydroxychloroquine's use.
  
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• These national and state parks are closed amid coronavirus outbreak

  23-03-2020 21:37 via news.yahoo.com
  
  Rocky Mountain National Park and Ellis Island are among major parks that are closed to slow the spread of coronavirus.
  
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• Michigan, West Virginia, Indiana and Oregon issue stay-at-home orders

  23-03-2020 21:35 via news.yahoo.com
  
  "If we all come together, get serious, and do our part by staying home, we can stay safe and save lives," Michigan Gov. Gretchen Whitmer said.
  
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• Ex-campaign staffer sues Bloomberg over layoffs, cites fraud

  23-03-2020 21:35 via news.yahoo.com
  
  A former staffer for Mike Bloomberg's presidential campaign filed a class-action lawsuit Monday alleging the billionaire broke a promise to pay his thousands of campaign workers through November, regardless of whether his 2020 bid was successful.The lawsuit, filed in federal court in New York City, accuses Bloomberg of “fraudulently” enticing people to join his campaign with promises he did not fulfill and breaching his contract with those employees by laying them off shortly after h
  
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• Twitter Says China Claiming Coronavirus Started in U.S. Not a Violation of Rules

  23-03-2020 21:34 via news.yahoo.com
  
  A Twitter spokesperson said widely shared claims from Chinese officials alleging that the coronavirus originated in the U.S. did not violate its rules and terms of service.The spokesperson pointed The Daily Beast to the company’s loose approach to statements from government officials. “Presently,” Twitter explains, “direct interactions with fellow public figures, comments on political issues of the day, or foreign policy saber-rattling on economic or military issues are g
  
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• Coronavirus anxiety and quarantining could increase eating disorder risk. Here's what to look out for.

  23-03-2020 21:34 via news.yahoo.com
  
  Social distancing, stockpiling, and quarantining to prevent the coronavirus could put people increased risk of disordered eating.
  
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• Global stocks fall again despite virus rescue efforts

  23-03-2020 21:24 via news.yahoo.com
  
  Shares slide again as more drastic action is taken by governments to stop the virus spreading.
  
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• Dumped amid coronavirus, former Bloomberg campaign aides sue for pay and benefits

  23-03-2020 21:14 via news.yahoo.com
  
  Employees resigned from good jobs to take positions with Bloomberg's campaign, and they now face unemployment and the loss of their health insurance in the midst of the spreading virus, field organizers Alexis Sklair, Sterling Rettke and Nathaniel Brown said in their complaint, one of two proposed class action lawsuits potentially representing thousands of workers."And they pledged to keep this promise regardless of whether Bloomberg won the Democratic nomination."Donna Wood, an organizer in Mia
  
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• Fed Sidesteps Congress’s Bickering With Sweeping Rescue Plan

  23-03-2020 21:13 via news.yahoo.com
  
  (Bloomberg) -- The Federal Reserve ventured into political territory Monday by offering to directly finance U.S. companies, jumping ahead of Congress -- which is still arguing over similar assistance.Unveiling unprecedented measures to shelter the economy from the coronavirus, the Fed acted after the failure so far by U.S. lawmakers to advance a $2 trillion dollar stimulus package.“This is an all-out effort to ensure that the business sector can continue to exist even as economic activity
  
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• Fox News Stars Begin Pushing Trump to End Coronavirus Restrictions

  23-03-2020 21:08 via news.yahoo.com
  
  President Donald Trump has recently begun to suggest social-distancing and quarantining measures may need to end soon so as to prevent economic damage. Perhaps unsurprisingly, this has also become a running narrative pushed among many of the president’s favorite Fox News personalities.Late Sunday night, the president took to Twitter to fire off an all-caps tweet hinting he’d consider no longer calling on Americans to socially distance—a practice that experts agree is a key way
  
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• 'My first question every time I see a new patient now is: Could this be COVID-19?' A Seattle doctor on the frontlines

  23-03-2020 21:08 via news.yahoo.com
  
  The Conversation is running a series of dispatches from clinicians and researchers operating on the frontlines of the coronavirus pandemic.Inside, as usual, patient beds are near capacity, and the emergency department is filled with not only the usual mix of patients with trauma, stroke, chest pain and other concerns, but also dozens of people worried they might have COVID-19.I am an emergency and critical care physician who cares for patients in the emergency department and intensive care units
  
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• French prime minister says coronavirus lockdown could last weeks

  23-03-2020 21:02 via news.yahoo.com
  
  Prime Minister Edouard Philippe said a virtual lockdown in France imposed to slow the spread of the coronavirus could last several more weeks and that his government was tightening restrictions even further."A lot of citizens want normalcy to return, but it's not happening soon," Philippe told TF1 news."We feel the lockdown measures that we have taken, and which we will toughen yet again... could last several weeks."
  
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• Pence says U.S. coronavirus guidance to be re-evaluated after 15-day period ends

  23-03-2020 21:00 via news.yahoo.com
  
  U.S. Vice President Mike Pence, who is leading a U.S. task force to address the coronavirus outbreak, said on Monday the Trump administration would re-evaluate its guidance after the current 15-day guidance period ends."At the end of this 15 days, we're going to get with our health experts, we're going to evaluate ways in which we might be able to adjust that guidance for the American people," he told reporters when asked whether the guidance could be eased to help protect the economy."But those
  
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• Congress' $2 trillion coronavirus stimulus package, visualized

  23-03-2020 20:57 via news.yahoo.com
  
  A visual guide to the cost of Congress plans for coronavirus stimulus package to send cash to Americans and help distressed industries, in graphics.
  
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• 'It's Gen Z you want': Millennials are defending themselves from accusations that they're out partying and ignoring warnings amid the coronavirus pandemic

  23-03-2020 20:55 via news.yahoo.com
  
  Young people have been called out for not social distancing, but it's Gen Z who keep crowding beaches for spring break.
  
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