Mar 10 WATCH: Trump pitches payroll tax relief to wary lawmakers By Zeke Miller, Lisa Mascaro, Associated Press Trump's economic team joined in presenting the economic stimulus package privately to wary Senate Republicans. They've been cool to additional spending at this stage. Continue reading
Mar 10 These strategies may protect your money in times of economic turbulence By Alexander Kurov, The Conversation With a global recession looking increasingly likely, a finance scholar offers guidance on how to ride it out. Continue reading
Mar 10 WATCH: At White House, insurers again pledge no-cost virus tests By Ricardo Alonso-Zaldivar, Associated Press Major insurers are pledging to cover coronavirus tests at no cost to patients. But those assurances — repeated at a White House meeting Tuesday — may not resolve public concerns about testing. Continue reading
Mar 10 Global markets pick up after plunge on virus, oil By Joe McDonald, Associated Press Global stock markets rebounded Tuesday from record-setting declines after U.S. President Donald Trump said he would ask Congress for a tax cut and other measures to ease the pain of the spreading coronavirus outbreak. Continue reading
Mar 10 Why Russia just torpedoed global oil prices By Ryan Chilcote For many of the oil-rich countries, 2020 was already off to a miserable start, but they took a beating on Monday-- a barrel of oil now costs half what it did at the beginning of the year. What happened?… Continue reading
Mar 09 Detroit set to restore water service amid virus fears By Corey Williams, Associated Press Thousands of Detroit residents who have had their water service shut off due to nonpayment of bills can have it restored under a plan that aims to allow them to wash their hands at home as a way to prevent… Continue reading
Mar 09 Watch 5:04 Amid virus outbreak, U.S. communities brace for disruption As U.S. cases of COVID-19 rise, officials are stepping up efforts to control the outbreak's spread. Communities across the country are bracing for disruption, with many schools closing or holding remote classes. Also, two GOP congressmen who were with President… Continue watching
Mar 09 Dow drops 7.8% as free-fall in oil, virus fears slam markets By Stan Choe, Alex Veiga, Associated Press The Dow Jones Industrial Average sank 7.8%, its steepest drop since the financial crisis of 2008, as a free-fall in oil prices and worsening fears of fallout from the spreading coronavirus outbreak seize markets. Continue reading
Mar 09 UBS Bank won’t fund new offshore Arctic oil, gas projects By Associated Press The world's largest asset manager BlackRock urged companies in January to emphasize steps they are taking to combat climate change. Some have argued the new policies could hurt projects that Alaska relies on for future revenue. Continue reading
Mar 09 Juul Labs sought to court state officials as teen vaping surged By Matthew Perrone, Richard Lardner, Associated Press The Associated Press uncovered the influence campaign by reviewing Juul's political donations and obtaining internal emails, meeting minutes and company records through open records requests to more than a dozen state attorneys general offices. Continue reading