China’s manufacturing rebounded in March as authorities relaxed anti-disease controls and allowed factories to reopen, an official survey showed March 30, but an industry group warned the economy has yet to fully recover.
March 31, 2020Latest News Updates From Associated Press
China’s Manufacturing Rebounds as Virus Controls Ease
Detroit Auto Show Canceled
The North American International Auto Show said that it will cancel its Detroit show because of the coronavirus pandemic and the center where it is held will likely be repurposed into a hospital.
March 29, 2020Trump Signs $2.2 Trillion Stimulus After Swift Congressional Votes
WASHINGTON — President Donald Trump signed an unprecedented $2.2 trillion economic rescue package into law March 27, after swift and near-unanimous action by Congress that will support businesses, rush resources to overburdened health care providers and help struggling families during the deepening coronavirus epidemic.
March 27, 2020Senate OKs Historic $2.2 Trillion Coronavirus Rescue Package
WASHINGTON — The Senate late March 25 passed an unparalleled $2.2 trillion economic rescue package steering aid to businesses, workers and health care systems engulfed by the coronavirus pandemic that has killed more than 1,000 Americans. Following the unanimous vote, the bill now moves to the House.
March 26, 2020Stocks Drop as Recession Fears Take Hold; Dow Loses 1,300
After a brutal few weeks, the Dow has now lost nearly all of its gains since President Donald Trump’s inauguration.
March 18, 2020Treasury Proposes Delivering $500B to Americans Starting April
The Treasury Department said March 18 it wants to dedicate $500 billion to start issuing direct payments to Americans by early next month as the centerpiece of a $1 trillion plan to stabilize the economy as the coronavirus epidemic threatens a body slam to taxpayers and businesses.
March 18, 2020US Will Extend Virus Travel Restrictions to UK, Ireland
President Donald Trump announced March 14 that the United States will broaden its European travel ban, adding Britain and Ireland to its list, and was considering imposing restrictions on travel within the U.S. to areas hit hard by the coronavirus spread
March 14, 2020Trump Declares National Emergency to Speed Virus Response
WASHINGTON — President Donald Trump on March 13 declared the coronavirus pandemic a national emergency, as Washington struggles with providing Americans with relief and officials race to slow the spread of the outbreak.
March 13, 2020Trading Halted After Stocks Plunge 7% at Open
NEW YORK— The S&P 500 dropped about 7% within the first few minutes of trading March 12, steep enough to trigger an automatic halt to trading on the New York Stock Exchange.
March 12, 2020Claims for Jobless Benefits Drop by 4,000
WASHINGTON — The number of Americans filing new claims for unemployment insurance fell last week for a second straight week, an indication that the coronavirus had not yet hit the labor market in a major way.
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