The number of people claiming unemployment has spiked significantly, with a new Department of Labor report claiming that a 33 percent week-to-week increase is the highest since the Great Recession.
President Trump Thursday continued to negotiate a one trillion dollar stimulus package for the economy that would see half a trillion dollars sent out to individual Americans within nine weeks.
President Trump on Wednesday signed into law a multibillion-dollar emergency aid package aimed at helping Americans impacted by the coronavirus.
U.S stocks closed markedly lower Wednesday — with the Dow Jones Industrial Average losing nearly all gains since President Trump’s inauguration.
Referring to the fight against the novel coronavirus as a war, President Donald Trump said Wednesday he is invoking the Defense Production Act (DPA) to help protect the country.
Saying that ‘in a sense’ he is ‘a wartime president,’ President Donald Trump wants Congress to approve $500 billion in new spending to send money directly to American households reeling from the ongoing coronavirus pandemic.
The U.S. and Canada will close their border to non-essential traffic to limit the spread of the novel coronavirus.
The Senate on March 16 agreed to a 77-day extension of a set of FBI surveillance tools under the Foreign Intelligence Surveillance Act (FISA) that had expired March 15, to allow lawmakers time for further negotiations on necessary reforms to the powerful domestic eavesdropping program that saw wiretapping of individuals in the Trump campaign.
China is revoking the press credentials of three major US media organizations, in a move that has been censured by US Secretary of State Mike Pompeo as a further step toward secrecy by the communist administration of Xi Jinping.
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.
Dr. Deborah Birx, White House coordinator of the coronavirus response team, said Monday that millennials ‘are the core group’ that will stop COVID-19.
The White House Monday issued new COVID-19 guidelines for Americans to follow over a crucial 15-days period, as President Donald Trump said that ongoing efforts to stop the spread of the novel coronavirus could continue on until the middle of summer or even longer.
The Trump administration awarded a $175 million contract to a construction company to build 15 miles of border wall in an area of southeastern Texas where no barrier exists, according to the federal agency overseeing wall projects.
The U.S. House early Saturday passed bipartisan legislation in response to the coronavirus pandemic.
At the close of business Friday, the Dow Jones Industrial Average was up 1,985 points to 23,186, nearly recouping Thursday’s more than 2,300-point loss. The S&P 500 gained 228 to 2,709 and the Nasdaq Composite was up by 672 points to 7,874.
President Donald Trump declared Sunday, March 15, as a National Day of Prayer.
U.S. President Donald Trump has declared a national emergency, clearing the way for more federal aid to stream to states and cities to combat the coronavirus pandemic.
The Trump administration will extend a 30-day ban on travel from European countries to the United Kingdom and Ireland.
The U.S. central banking system announced moves Thursday to stabilize the global financial system by putting $1.5 trillion into short-term lending markets, and the purchase of $60 billion in Treasury bonds to fuel the bond market.
The U.S. House of Representatives voted this week to change the way the FBI and National Security Agency use the Foreign Intelligence Surveillance Act to conduct electronic surveillance of foreign nationals and agents in the United States. But President Donald Trump indicated Thursday that he might veto the bipartisan bill, saying he and his allies wanted more information about how the FBI’s investigation of alleged ties between his 2016 presidential campaign and Russia was launched.