Mar 11 Trump administration weighs delaying tax deadline amid virus outbreak By Martin Crutsinger, Associated Press Mnuchin says a payment delay would have the effect of putting more than $200 billion back into the economy. Continue reading
Mar 11 Preliminary research suggests new virus may live on some surfaces for up to 3 days By Marilynn Marchione, AP Chief Medical Writer Experts say it shows the importance of the hygiene steps health officials recommend, such as washing your hands and not touching your face. The virus may live up to 24 hours on cardboard and up to two to three days… Continue reading
Mar 11 Market swings and a wave of event cancellations as virus spreads By Associated Press A wild start to the month on U.S. markets is becoming the new normal due to uncertainty over the coronavirus, which is now officially a pandemic. Continue reading
Mar 11 Virus could test Latin America's already ailing economy By Christine Armario, Marcos Pin Méndez, Associated Press China, where the virus emerged, has been making inroads into Latin America over the last two decades. It is now the region's second-largest trading partner, meaning any economic contraction there will have a direct ripple effect. Continue reading
Mar 10 Watch 10:28 As impact of COVID-19 deepens, U.S. officials debate economic response The impact of the novel coronavirus in the U.S. is deepening. On Tuesday, new cancellations, closures and quarantines were announced and President Trump and lawmakers huddled about potential measures to soften the crisis’ economic impact -- but the stock market… Continue watching
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