Federal Appeals Court upholds Texas ban on most abortions during coronavirus pandemic

A federal Court of Appeals has allowed Texas to continue its ban on most abortions during the coronavirus pandemic. Tuesday’s ruling overturns a lower court’s decision to block the state’s ban on non-essential abortions. The ban remains in place while the case moves on to be heard by a federal court in Austin next week.

Poll finds almost half of Americans see coronavirus crisis as wake-call to return to God

According to a recent survey, 43.4% of American adults believe the coronavirus crisis is a wake-up call for the US to return to God. Nearly three-in-ten respondents (29.4%) said they think the outbreak and subsequent financial devastation are signs of the Biblical “Last Days.” The poll was conducted for the Joshua Fund (JF), a major US Christian charity.

US rushes to build makeshift hospitals as coronavirus death toll rises

The US government rushed to set up make-shift hospitals on Tuesday as over 850 people died from coronavirus, the highest number in a single day. Hundreds of hospitals are being built close to major cities to help local health care systems struggling at maximum capacity and beyond, Reuters reported.

S&P 500 heads for worst first quarter since 1938

U.S. stock markets steadied on Tuesday at the end of the worst first quarter for the S&P 500 since 1938 amid growing evidence of the largescale damage caused by the collapse in oil prices and business activity due to the coronavirus.

President Trump signs $2 trillion coronavirus stimulus package

President Donald Trump signed a $2 trillion coronavirus stimulus bill Friday just hours after it passed in the House, making law out of a package that will send billions of dollars directly to Americans and provide hundreds of billions more for businesses, health care systems and others impacted by the pandemic that has crippled the economy.

Coronavirus Stimulus Offered By House Financial Services Committee Creates New Digital Dollar

As the markets continue to drop and the U.S. looks to Congress for agreement on a massive stimulus package to save the economy from impacts of the coronavirus pandemic, the newest offer by House Democrats includes a very forward-looking kind of stimulus: the creation of a ‘digital dollar’ and the establishment of ‘digital dollar wallets.’ In what will send shock waves through the cryptocurrency and blockchain industry, particularly for those following central bank digital currencies around the world, this signals the U.S. is serious in establishing infrastructure for a central bank digital currency.

Dow soars over 11% in strongest one-day performance since 1933

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.

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