Mar 17 Fed launches 2 emergency programs last seen in the Great Recession By Christopher Rugaber, Associated Press The Federal Reserve has put in motion two emergency lending programs that were last deployed in response to the 2008 financial crisis, aiming to ease the flow of credit to businesses and households struggling amid the viral outbreak. Continue reading
Mar 17 Ohio Democratic Party sues over delay of primary election By Julie Carr Smyth, Dan Sewell, Associated Press The Ohio Democratic Party has filed a lawsuit over Secretary of State Frank LaRose's decision to set a new state primary election date. But politicians on both sides of the aisle are expressing frustration after the primary was postponed because… Continue reading
Mar 17 Watch 6:05 In the U.S. and across the globe, normal life shuts down amid pandemic The Trump administration is pushing for a huge new economic relief package to fight financial damage done by the novel coronavirus. One hundred people have died nationwide out of 5,200 confirmed cases so far. Most Americans seem to be heeding… Continue watching
Mar 17 Watch 11:18 What the U.S. federal government is doing to fight COVID-19 In the U.S., nearly 100 people have died from novel coronavirus among 5,200 confirmed cases. With the infection expected to spread more broadly and businesses and organizations shutting down, what is the latest federal government response? Lisa Desjardins, Yamiche Alcindor… Continue watching
Mar 17 Watch 5:34 Many Americans will be hurt financially by pandemic. Here's how government could help On Tuesday, Wall Street recouped some of Monday’s record losses, with the Dow Jones Industrial Average regaining 1,000 points in apparent reaction to the prospect of a major economic stimulus package. How would that help Americans reeling from the pandemic?… Continue watching
Mar 17 WATCH: Airbnb, hotels seek U.S. government aid as demand flattens By Dee-Ann Durbin, Associated Press Hilton CEO Christopher Nassetta told the president Hilton has had to close some hotels for the first time in 100 years. Continue reading
Mar 17 Watch 7:18 San Francisco mayor says 'drastic steps' by federal government needed to address crisis On Monday, nearly 7 million people in San Francisco and the surrounding Bay Area were ordered by city and county officials to stay home to try to stem the spread of the novel coronavirus. The city’s Democratic mayor, London Breed,… Continue watching
Mar 17 Panic buying leaves retailers scrambling to restock By Anne D'Innocenzio, Associated Press Grocers big and small are hiring more workers, paying overtime and limiting purchases on certain high demand items as they scramble to restock shelves that have been wiped out by panic shopping in response to the global viral pandemic. Continue reading
Mar 17 WATCH: Florida governor gives coronavirus update By Justin Stabley Florida Gov. Ron DeSantis provides an update on how the state is responding to the novel coronavirus outbreak. Continue reading
Mar 17 EU to ban most foreign travelers for 30 days to curb pandemic By Lorne Cook, Associated Press The leaders of European Union nations have agreed to institute a travel ban that prohibits most foreigners from entering the bloc for 30 days to discourage the spread of the new coronavirus. Continue reading