U.S. News

WH Coronavirus Coordinator: Limit Gatherings to Under 10 People – Even at Home
Posted on:Monday, March 16, 2020

Dr. Deborah Birx, White House coordinator of the coronavirus response team, said Monday that millennials ‘are the core group’ that will stop COVID-19.

U.S. Supreme Court postpones oral arguments over coronavirus fears
Posted on:Monday, March 16, 2020

The U.S. Supreme Court announced Monday it is postponing scheduled oral arguments through the month of March.

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Trump: Next 15 days vital, but coronavirus response could last until middle of summer, even later
Posted on:Monday, March 16, 2020

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.

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Fed says it will offer an additional $500 billion in overnight repo funding markets
Posted on:Monday, March 16, 2020

A day after a dramatic move in interest rates, the Federal Reserve on Monday increased the amount of liquidity it’s offering in short-term lending to the financial industry.

Trump administration to start $175M, 30-foot-tall border wall project in high traffic Texas region
Posted on:Monday, March 16, 2020

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.

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Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing program
Posted on:Sunday, March 15, 2020

The Federal Reserve, saying ‘the coronavirus outbreak has harmed communities and disrupted economic activity in many countries, including the United States,’ cut interest rates to essentially zero on Sunday and launched a massive $700 billion quantitative easing program to shelter the economy from the effects of the virus.

U.S. House passes package to provide coronavirus relief; Senate up next
Posted on:Saturday, March 14, 2020

The U.S. House early Saturday passed bipartisan legislation in response to the coronavirus pandemic.

Stock market soars nearly 2,000 points, U.S. equities more than 9 percent after emergency declaration
Posted on:Saturday, March 14, 2020

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.

Mexico considering restrictions on US border amid coronavirus fears
Posted on:Saturday, March 14, 2020

Mexico could consider measures at its northern border to slow the spread of the coronavirus into its relatively unaffected territory, health officials said on Friday, with an eye to containing a US outbreak that has infected more than 2,000 people.

Coronavirus Pandemic Prompts US National Emergency
Posted on:Saturday, March 14, 2020

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.

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Fed Announces Huge Capital Injection to Try to Stabilize Markets
Posted on:Thursday, March 12, 2020

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.

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Trump Threatens to Veto House-passed Foreign Intelligence Surveillance Reforms
Posted on:Thursday, March 12, 2020

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.

The US stock market has now wiped out the entire $11.5 trillion of value it gained since Trump’s 2016 election victory
Posted on:Thursday, March 12, 2020

Thursday’s massive sell-off has erased any remaining stock market gains made since President Trump’s 2016 election win.

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Dow plunges 10% amid coronavirus fears for its worst day since the 1987 market crash
Posted on:Thursday, March 12, 2020

Stocks plummeted once again on Thursday after President Donald Trump and the Federal Reserve both failed to quell concerns over the economic slowdown stemming from the coronavirus, leading to a historic drop for the U.S. markets.

Researchers at Oak Ridge National Lab Tap into Supercomputing to Help Combat Coronavirus
Posted on:Thursday, March 12, 2020

As researchers race to identify and unleash new scientific breakthroughs to combat the COVID-19 outbreak, the Energy Department’s Summit supercomputer is playing a role in the fight.

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MLB suspends spring training, delays start of regular season
Posted on:Thursday, March 12, 2020

Major League Baseball is suspending spring training effective Thursday and plans to push back the start of the regular season as a result of the novel coronavirus pandemic.

U.S. House backs extension of FISA surveillance law
Posted on:Wednesday, March 11, 2020

The U.S. House of Representatives approved legislation on Wednesday to extend a divisive set of government surveillance tools, a major boost for efforts to reauthorize the program before it expires on Sunday.

Supreme Court Upholds Trump’s ‘Remain in Mexico’ Policy
Posted on:Wednesday, March 11, 2020

The Supreme Court on Wednesday said it would allow the Trump administration to continue enforcing a policy that makes asylum-seekers wait in Mexico for court hearings in the United States.

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Federal Taxes and Spending Set Records Through February
Posted on:Wednesday, March 11, 2020

The federal government set records for both the amount of taxes it collected and the amount of money it spent in the first five months of fiscal 2020 (October through February), according to data released today in the Monthly Treasury Statement.

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Biden wins Michigan, Missouri, Mississippi, Idaho; close race in Washington
Posted on:Wednesday, March 11, 2020

Former Vice President Joe Biden won primaries Tuesday in Michigan, Missouri, Idaho and Mississippi to take command of the Democratic presidential primaries.

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