G20 nations pledged a ‘united front’ Thursday in the fight against coronavirus, saying they were injecting $5 trillion into the global economy to counter the pandemic amid forecasts of a deep recession.
The coronavirus crisis has brought another first to U.S. financial markets — negative yields on government debt.
American companies that produce essential goods in China should plan to shift their operations back to the United States or other Western countries, according to a senior Republican lawmaker.
The Dow soared on Tuesday to its biggest one-day percentage gain since 1933, after U.S. lawmakers said they were close to a deal for an economic rescue package in response to the coronavirus outbreak, injecting optimism following the biggest selloff since the financial crisis.
Ford Motor Company is teaming with major medical and healthcare groups to boost the production of medical gear for the protection of those providing critical services amid the COVID-19 outbreak.
The fast-spreading coronavirus has prompted many countries around the world to effectively shut down in order to contain the outbreak.
Republicans erupted in anger and opposition Monday after House Speaker Nancy Pelosi released an economic relief package the GOP characterized as stuffed with liberal agenda items unrelated to the coronavirus crisis.
The Federal Reserve unveiled a host of programs on Monday in order to stabilize the markets in the midst of the coronavirus crisis, which some termed, “quantitative easing to infinity.”
North Korea launched two short-range ballistic missiles towards the East Sea on Saturday, according to the South Korean military, in a move that highlights the country’s continuing military expansion amid a global health pandemic.
Talks between Democrats and Republicans for a massive funding package to combat the impact of coronavirus have stalled, as lawmakers spar over issues like worker protections and funding for states battling the crisis.
China is using the widespread coronavirus outbreak within its borders as an opportunity to attack Christian faith, with the communist government demolishing churches or removing their crosses over the month of March.
More than half of U.S. small businesses will close within three months if the coronavirus crisis is not solved.
The married-father-of-three has come a long way since he nearly blew up a Protestant church in Jakarta. Author Ahmad Quraisy, which isn’t his family name, was a commander of the feared Islamic State of Indonesia (NII), an Indonesian militant group. But the former Islamic terrorist now leads an underground movement in Indonesia converting Muslims to Christianity or, in his words, ‘personal faith in Christ.’
The Federal Reserve on Tuesday announced that it was setting up a special entity to purchase short-term debt issued by corporations to help keep afloat companies facing a credit crunch because of the coronavirus pandemic.
The S&P 500 rose 6% on Tuesday, a day after its steepest decline since the 1987 crash, as the Federal Reserve took further steps to boost liquidity and stem damage from the coronavirus outbreak that has gripped the global economy.
The White House proposed an $850 billion stimulus package Tuesday for an economy that has been rocked by coronavirus fears, the Trump Administration expecting bipartisan support for a move that may involve sending Americans $1,000 checks.
The International Monetary Fund on Monday said it ‘stands ready’ to use its $1 trillion lending capacity to help countries around the world that are struggling with the humanitarian and economic impact of the novel coronavirus.
Europe proposed shutting its external borders to foreigners for 30 days on Monday in a bid to turn the page on its scramble to contain the coronavirus, but it drew criticism for doing too little, too late.
Israeli President Reuven Rivlin will task Prime Minister Benjamin Netanyahu and Blue and White rival Benny Gantz with forming the next government Sunday, as lawmakers across the political spectrum are calling for an emergency government to deal with the novel coronavirus.
Iranian Christians are asking for prayer support as the Islamic Republic, in an effort to stop the spread of coronavirus, has begun releasing huge crowds of prisoners that include persecuted Christians.