by Troy S. Mason | Mar 19, 2020 | Business News
WASHINGTON — Trump administration officials warned Senate Republicans on Tuesday that the coronavirus outbreak in the United States could cause the unemployment rate to reach 20 percent, according to two sources familiar with the discussion. The warning came during a closed-door lunch on Capitol Hill in which Secretary of the Treasury Steven Mnuchin presented a […]
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 15, 2020 | Business News
Tom Winter 17m ago / 7:34 PM UTC Second New York firefighter tests positive for coronavirus A second member of the New York Fire Department tested positive for COVID-19, the department said in a statement on Saturday. Due to the positive test results, “the...
by Troy S. Mason | Mar 14, 2020 | Business News
President Donald Trump said Monday that he is looking at a possible payroll tax cut, along with other measures, to help American workers and boost the economy, which has been hit hard by the coronavirus outbreak. He said he’d announce the “dramatic”...
by Troy S. Mason | Mar 14, 2020 | Business News
Futures contracts tied to the major U.S. stock indexes fell sharply early Thursday after an address from President Donald Trump failed to quell concerns over the possible economic slowdown from the coronavirus. The move comes after the Dow Jones Industrial Average...
