Every nation confronting the coronavirus pandemic sees a recession in its future. But after nearly 30 years of economic growth, Australia is struggling to process surging unemployment and declining exuberance.
Tag: Stimulus (Economic)
Coronavirus Live Updates: U.S. Cases Top 100,000; Trump Signs $2 Trillion Relief Bill
President Trump, who had questioned the need for additional ventilators, pushes industry to make more. A new survey of mayors finds dire shortages of urgently needed medical supplies. And in Britain, Prime Minister Boris Johnson tested positive.
G.M. Suspends Production Indefinitely and Cuts Paychecks
Live updates on stock market and business news during the coronavirus outbreak.
On Job Just 6 Weeks, U.K.’s Finance Chief Shines in Crisis
Britain’s chancellor, Rishi Sunak, a virtual unknown not long ago, is winning praise for leading the response to the virus.
Stocks Surge as Washington’s Aid Package Advances: Live Updates
Live updates on stock market and business news during the coronavirus outbreak.
U.S. Now Leads the World in Confirmed Cases
Unemployment data set a bleak record and hospitals struggled with an influx of sick patients and lack of equipment. But the White House coronavirus response coordinator dismissed talk of shortages.
Live Coronavirus Updates and Coverage
Gov. Andrew Cuomo said there were early signs that New York’s restrictions on gatherings could be slowing the virus but that more needed to be done in New York City.
Coronavirus Live Updates: Senate Moves Toward Passing Sweeping $2 Trillion Aid Deal
Senator Mitch McConnell called the measure “a wartime level of investment into our nation,” but Gov. Andrew M. Cuomo of New York said aid to his state, which is the center of the outbreak, was insufficient.
Coronavirus Live Updates: Infections Soar in New York as Congress Prepares to Vote on $2 Trillion Aid Deal
People fleeing New York to other parts of the country were told to quarantine themselves for 14 days. Prince Charles has the virus. The number of deaths in Spain — more than 3,400 — surpassed the toll in China.
Live Stock Market Coronavirus Updates and Tracker
Live updates on stock market and business news during the coronavirus outbreak.