May 04 WATCH: Louisiana governor gives coronavirus update By Nicole Winfield, Tim Sullivan, Associated Press In Louisiana, Republican legislators irritated by Democratic Gov. John Bel Edwards’ decision to extend the state's stay-at-home order through May 15 were eager to return to work. Continue reading
May 04 WATCH: Virginia governor gives coronavirus update By Associated Press Virginia Gov. Ralph Northam is extending an executive order mandating that some nonessential businesses close for another week, until May 15. Continue reading
May 04 Treasury announces record borrowing of $2.99 trillion By Martin Crutsinger, Associated Press The Treasury Department says it will need to borrow a record $2.99 trillion during the current April-June quarter to cover the cost of various rescue efforts dealing with the coronavirus pandemic. Continue reading
May 04 Federal reserve set to launch 'Main Street' loan program By Christopher Rugaber, Associated Press With the U.S. economy sinking into a severe recession, the Federal Reserve is set to launch a high-risk program through which it will lend money to small and medium-sized companies outside the banking industry for the first time since the… Continue reading
May 04 Turkey announces plan to ease virus restrictions By Associated Press Turkey's President Recep Tayyip Erdogan announced a plan to gradually ease restrictions imposed because of the coronavirus pandemic as deaths and infections fall. Continue reading
May 04 COVID-19 medical costs could soar as more Americans get sick By Bruce Y. Lee, The Conversation Reopening state economies too soon risks a second wave of the pandemic, and a surge in medical costs. Anyone who pays insurance premiums and taxes will be picking up the tab. Continue reading
May 04 Zoos turn to social media to delight, raise money amid virus By Terry Tang, Associated Press The pandemic has jeopardized zoos worldwide that have been forced to close but rely on ticket sales. The struggle has some zoos turning to social media to engage with people who can no longer visit and raise some much-needed cash. Continue reading
May 04 Hezbollah backs Lebanese government's efforts to get financial help from IMF, but urges caution By Associated Press The leader of Lebanon's Hezbollah has thrown his support behind the Lebanese government seeking financial assistance from the International Monetary Fund but said it should negotiate the conditions cautiously. Continue reading
May 04 WATCH: South Dakota governor gives coronavirus update By Associated Press South Dakota Gov. Kristi Noem is holding a news conference to give an update on the state's efforts to fight the novel coronavirus. Continue reading
May 04 WATCH: Joe Biden calls for premium pay for essential workers at virtual forum By Associated Press Joe Biden is calling for extra premium pay for the nation's essential workers, from healthcare employees to those who work in grocery stores and meatpacking plants. Continue reading