by Troy S. Mason | Mar 18, 2020 | Business News
WASHINGTON — The White House announced Tuesday that it is pitching a $1 trillion economic package to combat the coronavirus outbreak, $250 billion of which would be used for direct payments to Americans. “We have put a proposal on the table that would inject 1 trillion dollars into the economy,” Treasury Secretary Steven Mnuchin said […]
by Troy S. Mason | Mar 18, 2020 | Business News
WASHINGTON — President Donald Trump told lawmakers he wants a payroll tax cut that would last at least through the election to give consumer spending a jolt as the coronavirus threatens to cripple economic growth. The president told Republicans at a closed-door lunch...
by Troy S. Mason | Mar 18, 2020 | Business News
Anxious shoppers snatching up guns and ammo to gird for potential chaos related to the coronavirus pandemic are leading in some cases to long lines, short supplies, and purchase limits. Businesses say some customers are feeding a self-fulfilling prophecy of artificial...
by Troy S. Mason | Mar 18, 2020 | Business News
The Dow Jones Industrial Average bounced back nervously on Tuesday, after dipping below 20,000 just one morning after its worst single-day points drop ever, as traders grappled with almost unprecedented economic volatility. After the Federal Reserve announced new...
