Apr 21 Small Business Administration reports data breach in disaster loan website By Joyce M. Rosenberg, Associated Press The Small Business Administration has reported it had a potential data breach last month in its website handling disaster loan applications. Continue reading
Apr 21 Watch 4:08 The cascading economic effects of plummeting oil prices The collapse of the global oil market reflects a broader drop in demand across all areas of the economy, as business activity during the pandemic remains near a standstill. What caused this historic decline in oil prices, and what does… Continue watching
Apr 21 Watch 2:59 How Trump plans to limit U.S. immigration In his daily White House Coronavirus Task Force briefing, President Trump discussed his new push to limit U.S. immigration via a forthcoming executive order. Yamiche Alcindor joins Judy Woodruff to discuss the details of the expected 60-day partial suspension, why… Continue watching
Apr 21 Cuomo presses Trump in meeting for more help on virus testing By Jonathan Lemire, Marina Villeneuve, Zeke Miller, Associated Press The New York governor said he told Trump that a rapid increase in testing was a crucial “benchmark” that his state and others need before they can safely reopen the economy and help communities return to a semblance of normalcy. Continue reading
Apr 21 READ FULL: Lawmakers reach a deal on $500 billion Paycheck Protection Program By Lisa Desjardins After two weeks of negotiations, Republicans and Democrats agreed on a nearly $500 billion deal to extend rescue programs for millions of small businesses which had run out of funding last week. Continue reading
Apr 21 The price of oil fell below $0. What happens next? By Ryan Chilcote The stuff that makes the world go round, the lifeblood of the global economy, was worthless -- more stunning evidence of how this pandemic is rocking the global economy. Continue reading
Apr 21 South Africa announces $26 billion to help struggling nation By Cara Anna, Mogomotsi Magome, Associated Press South Africa’s president has announced an “extraordinary budget” of $500 billion rand ($26 billion) to address the huge socioeconomic effects of the coronavirus pandemic. Continue reading
Apr 21 WATCH: Louisiana governor gives coronavirus update By Justin Stabley Louisiana Gov. John Bel Edwards held a news conference to give an update on the state's efforts to fight the novel coronavirus. Continue reading
Apr 21 Chipotle agrees to record $25 million fine over tainted food By Brian Melley, Associated Press The fast food company was charged Tuesday in Los Angeles federal court with two counts of violating the Food, Drug, and Cosmetic Act by serving adulterated food. Continue reading
Apr 21 Oil prices keep crumbling, stocks around the world tumble By Stan Choe, Damian J. Troise, Alex Veiga, Associated Press Stocks are falling in afternoon trading on Wall Street and the collapse in oil prices is deepening as the economic carnage caused by the coronavirus pandemic turns markets upside down. Continue reading