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Democrats unveil $2.2T updated pandemic relief package

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Wisconsin drivers take advantage of gas prices dipping below $1 per gallon

National prices have been steadily declining for the last seven weeks as demand for gasoline has decreased by 44 percent in that time period. "Wholesale gas pri...

JPMorgan Chase, Wells Fargo Profits Crater As They Brace For Defaults

Wells Fargo, the nation's largest mortgage lender, said profit fell 95% as it boosted bad loan reserves by $3.1 billion. Both JPMorgan Chase & Co. The profi...

Arizona dairy farmers forced to dump milk during coronavirus pandemic

The state milk sales alone have plummeted 70 percent during the COVID-19 pandemic despite grocery store sales rising. Before the lockdown happened, the dai...

Reserve Bank sees 6.1% GDP fall

It also launched a bond-buying programme in late March, seeking to plug a liquidity drought in credit markets that threatened to destabilise commercial banks' o...

JBS plant closed until Wednesday morning, at earliest

The Greeley beef production facility is the second JBS USA plant to temporarily close, joining the Souderton, Pa., beef production facility. They both say the...

COVID-19 impact | International Monetary Fund slashes India's FY21 growth projection to 1.9%

Titled " The Great Lockdown ", the IMF's latest report card on the global economy described the coronavirus pandemic as a crisis "like no other" and predict...

Trump Threatened to Block Coronavirus Aid if It Included Postal Service Bailout

Trump's disregard for the Post Office seems to connect to his disdain of Jeff Bezos , the CEO and president of the online retail company Amazon. During a pre...

Trump To Name New Coronavirus Advisers On Reopening The Country

He has contradicted or corrected Trump on scientific matters during the public health crisis, including whether the anti-malaria drug hydroxychloroquine is effe...

Amazon Fires Two Employees Critical Of Warehouse Working Conditions Amid Coronavirus Pandemic

Newsweek has contacted the fired workers for comment. Amazon says it is aware of health concerns and has taken multiple measures to address them for future a...

Sensitive information from Zoom App sold on dark web

Cybersecurity intelligence firm Cyble found several Zoom accounts being sold on hacker forums to gain an increased reputation in the hacker community. Cyble w...

Coronavirus will lead to "worst recession since the Great Depression"

Yes, but: The IMF projects growth will partially rebound to +5.8% in 2021 if the pandemic fades in the second half of 2020 and if "policy actions taken around...

International Monetary Fund debt relief for 25 countries over Covid-19

Under the Fund's best-case scenario, the world is likely to lose a cumulative $9 trillion in output over two years - greater than the combined GDP of Germany an...

Lamont looks at getting economy restarted; regional governors announce plan to coordinate

New York Governor Andrew Cuomo has put together a team with the governors of New Jersey, Connecticut, Rhode Island , Pennsylvania and Delaware, Fox News rep...

SoftBank shares fall 3.5% after flagging first FY loss in 15 years

The fund's dire performance, which SoftBank attributed to "the deteriorating market environment" as markets are hammered by the coronavirus crisis, is a major...

Saudi Arabian Oil : Arabia Slashes Asia Selling Prices Despite Historic Cut Deal

Further discussions among G20 energy ministers on Friday also failed to reach a deal on output cuts. Saudi Aramco on Monday slashed the price at which it will...

WWE Reports COVID-19 Case, Continues With Live Broadcasts

It adds, "The employee had no contact with anyone from WWE since being exposed to those two individuals, is doing well, and made a complete recovery". In other ...

Bangladesh must bolster COVID-19 action to protect people, revive economy: WB

Apart from this, the World Bank report states that India's financial growth rate will be recorded in a huge decline in the financial year 2020-21 due to lac...

Coronavirus: Trump retweets call for health adviser Anthony Fauci to be sacked

He told CBS that if "we start to get back on our feet too soon, I fear, based on the data we're looking at, we could be throwing gasoline on the fire". 'Not eve...

Bar Owner Removes $3714 of Stapled Dollar Bills for Unemployed Staff

As she was sitting in her empty bar, she realized she could use the money on the walls to help pay her staff . "We will get through this!" It took another week...

Disney World signs an agreement to furlough 43000 union workers

The furloughs, which are set to start on April 19, 2020, are part of anagreement between Disney World and the Service Trades Council Union , which represents...

Amazon puts new online grocery shoppers on a waitlist

It expanded online grocery pickup from 80 stores to over 150 in the last several weeks, and is continuing to grow that service's footprint. The extension of t...

Trump says OPEC+ planning to cut production 20 mn bpd

Trump hailed the agreement as "great deal for all". Before the pandemic, the US energy sector was already under significant financial distress as most shale...

United States stocks lower on Monday following their biggest week since 1974

Centers for Disease Control and Prevention extended its "no sail order" for all cruise ships. Markets in North America were closed Friday for Good Friday. Sev...

Federal officials to provide COVID-19 update focused on seniors, foreign workers

Dr. Theresa Tam says that is what is driving severe outcomes of deaths in Canada. In Spain, soldiers helping to fight the coronavirus pandemic found elderly...

Amazon employees in USA tests positive for coronavirus

The spokeswoman confirmed a report by Bloomberg News that all co-workers in contact with the employee, who worked at Amazon's South Lake Union office comple...

Seven hospitalized with COVID-19 in EOHU region

Physician claims, medical drug claims, hospital discharge summaries and claims for home care and long-term care will be part of the system, the government said....

House of Commons passes $73-million wage subsidy

Canadian Prime Minister Justin Trudeau, shown here on March 29, 2020, said the virus fight is no less "destructive" than war. And he said all Canadians now have...

Disney World will furlough 43000 employees during its indefinite closure

However, given that union employees were excluded, negotiations since have been underway for weeks. The furloughs, which are set to begin on April 19 , were ...

Smithfield shutting US pork plant indefinitely, warns of meat shortages during pandemic

Smithfield announced a three-day closure last week so it could sanitize the plant and install physical barriers to enhance social distancing. The plant, whi...

IRS Launches Online Coronavirus Stimulus Check Tool for Non-Filers

Taxpayers with higher incomes will receive more modest payments (reduced by $5 for each $100 above the $75,000/$112,500/$150,000 thresholds). The first wa...

Easter eggs delivered to hospitals as thanks to healthcare workers

There are vouchers littered across the app for you to find, and if you come across one, that's a tight $100 for you to order a long weekend iso-feast with. A se...

Antiviral Drug Shows Early Promise in Severely Ill Coronavirus Patients — Gilead Sciences

Many organizations are working in finding an effective medicine or vaccine as a cure COVID-19 as there are now no approved treatments or preventive vaccines for...

Coronavirus Cases Reported at 19 Amazon Warehouses Across U.S.

The respiratory disease has infected more than 164,000 Americans and killed more than 3,000, more than died in the 9/11 terror attacks. They say the company...

Three Covid-19 patients discharged from hospital

Hahn, M.D. said in a statement. "While some patients can become critically ill and require the assistance of a ventilator, 80 percent of those contracting COV...

Wall Street jumps 3.4%, actually holds on this time

For the week, the S&P 500 jumped 12.1%, its best performance since late 1974. Stock investors are continuously looking ahead to where the economy will be a fe...