2 days ago by finance.yahoo.com
In an emergency measure, the U.S. Federal Reserve cut interest rates by 0.5% on Tuesday, citing concerns about the negative economic impact of the COVID-19 coronavirus outbreak. The Fed lowered its fed fund target rate range from between 1.5% and 1.75% to a new target range of between 1% and 1.25%.The read more...
A whistleblower alleges that some federal employees were sent to work at coronavirus quarantine sites in California without adequate safety protocols and then flew home on commercial airplanes, according to a person familiar with the complaint against the Department of Health and Human Services.
“The federal defendants have decided not to move forward with the challenged proposal,” Assistant U.S. Attorney Daniel Beck wrote in a filing Friday in federal court. “As a result, the court should dissolve the temporary restraining order and dismiss this action.”
Federal government drops plans to use Costa Mesa facility as coronavirus quarantine site
UConn ends travel to Italy over coronavirus
CNBC's Steve Liesman reports on calls for the U.S. Federal Reserve to cut interest rates as the coronavirus outbreak threatens to affect consumer activity in the United States, which would hurt economic growth.
President Trump early Tuesday took aim at the Federal Reserve Chairman Jerome H. Powell over the central bank's refusal to cut interest rates like other countries in order to defend against a financial downturn threatening the global economy due to the coronavirus.
The U.S. Federal Reserve cut interest rates on Tuesday in an emergency move desi...
America's central bank cuts interest rates by 50 basis points over concerns about the economic impact.
WASHINGTON — In a surprise move, the Federal Reserve cut its benchmark interest rate by a sizable half-percentage point Tuesday in an effort to support the economy in the face
The Federal Reserve was set to meet March 17 and March 18 but gave in on March 3 to economic concerns and cut rates earlier than expected.
The U.S. dollar fell across the board after the U.S. Federal Reserve cut interest rates on Tuesday in an emergency move designed to shield the world's largest economy from the impact of the coronavirus.
The Federal Reserve said it made the emergency rate cut to keep employment high and prices stable.
The Fed initiated a surprise interest rate cut on Tuesday to combat the economic effects of the coronavirus outbreak.
Here's the latest news on COVID-19 in the U.S. and worldwide.
In an emergency measure, the U.S. Federal Reserve cut interest rates by 0.5% on Tuesday, citing concerns about the negative economic impact of the COVID-19 coronavirus outbreak. The Fed lowered its fed fund target rate range from between 1.5% and 1.75% to a new target range of between 1% and 1.25%.The
The U.S. dollar fell across the board on Tuesday after the U.S. Federal Reserve cut interest rates in an emergency move designed to shield the world's largest economy from the impact of the coronavirus. "The virus and the measures that are being taken to contain it will surely weigh on economic
Stocks surge, then retreat as the Fed delivers an emergency rate cut to counter what it calls "evolving risks" linked to the coronavirus.
Brown-Forman lowered its earnings forecast for the year, expecting coronavirus to hurt sales in airports as well as in China overall
Connecticut will receive a piece of a package of $950 million set aside for state and local governments in a bipartisan compromise hatched in Washington, D.C. to combat the coronavirus.
As the government recommends to businesses that some employees should consider working from home amid the coronavirus outbreak, the Trump administration is confronting decisions it made to force federal workers to work at the office.