Trump invokes Defense Production Act, industries mass producing health items
President Donald Trump said Friday he’s activated his authority under the Defense Production Act (DPA) to help protect the country to require certain manufacturers to produce much-needed health care equipment.
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Senate GOP unveils $1,200 direct cash payments in massive stimulus proposal
Senate Republicans on Thursday announced a $1 trillion stimulus plan to combat the economic damage caused by the effort to control the coronavirus.
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U.S. jobless claims could top record 1.5 million next week – economists
A wave of layoffs at restaurants, bars and hotels, as efforts to contain the coronavirus pandemic bring much of everyday American life to a halt, could drive new applications for U.S. unemployment benefits to a record 1.5 million or more next week, eco…
Coronavirus will kill over half of small businesses in three months
More than half of U.S. small businesses will close within three months if the coronavirus crisis is not solved.
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Trump signs coronavirus aid package with paid sick leave, free testing
President Trump on Wednesday signed into law a multibillion-dollar emergency aid package aimed at helping Americans impacted by the coronavirus.
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Markets close down, wiping out nearly all gains of Trump presidency
U.S stocks closed markedly lower Wednesday — with the Dow Jones Industrial Average losing nearly all gains since President Trump’s inauguration.
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