Tag Archives: U.S. Economy

New York Gov. Cuomo to close NYC playgrounds as coronavirus death rate starts to climb

[ad_1] Governor of New York Andrew Cuomo speaks during a news conference at the Jacob Javits Convention Center during the Coronavirus pandemic on March 30, 2020 in New York City. Noam Galai | Getty Images New York Gov. Andrew Cuomo said he is closing all playgrounds in New York City …

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White House is not planning 4th bill

[ad_1] The White House is not currently planning for a fourth emergency coronavirus response proposal as it focuses on implementing the unprecedented $2 trillion relief package passed last week, two senior administration officials told CNBC. Since President Donald Trump signed the bill into law Friday, House Democrats have started to …

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Mortgage applications to buy a home plummet 24% annually

[ad_1] The coronavirus appears to be splitting the mortgage market: More borrowers are refinancing to save money on monthly payments, while potential homebuyers are backing away fast.  Driven entirely by refinancing, total mortgage application volume increased 15.3% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally …

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Japanese carmakers brace for US sales shock as coronavirus hits consumers

[ad_1] A worker walks past Nissan Motor Co. vehicles bound for shipment at the Nissan Oppama wharf in Yokosuka, Kanagawa Prefecture, Japan, on Friday, Feb. 28, 2020. Akio Kon | Bloomberg via Getty Images As the U.S. auto industry braces for the biggest downturn since the 2008 financial crisis, analysts …

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HSBC, Standard Chartered shares fall

[ad_1] This is a live blog. Please check back for updates. Global cases: More than 856,900 Global deaths: At least 42,081 Top 5 countries: United States (187,919), Italy (105,792), Spain (95,923), China (82,278), and Germany (71,808) The data above was compiled by Johns Hopkins University as of 7:58 a.m. Beijing …

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CDC says diabetes, lung disease, heart disease and smoking may increase risk of severe coronavirus illness

[ad_1] People wait in line to be tested for coronavirus disease (COVID-19) while wearing protective gear, outside Elmhurst Hospital Center in the Queens borough of New York, March 30, 2020. Jeenah Moon | Reuters People with diabetes, chronic lung disease, heart disease or those who smoke may be at increased …

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Coronavirus ‘more dangerous’ than expected; NY cases jump 14% overnight to 75,795

[ad_1] Governor Andrew Cuomo Speaks at a press conference in New York, United States, on March 30, 2020. US Army Corps of Engineers completes a temporary field hospital at the Jacob K. Javits Convention Center as the coronavirus continues to spread on March 30, 2020 in New York City. John …

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New York state just surpassed China’s Hubei province for reported coronavirus cases

[ad_1] Health workers wheel a deceased person outside the Brooklyn Hospital Center, during the coronavirus disease (COVID-19) outbreak, in Brooklyn, New York, March 30, 2020. Brendan McDermid | Reuters New York just became the coronavirus epicenter of the world as the number of confirmed COVID-19 cases across the state surpassed …

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Social distancing ‘dampening’ coronavirus outbreak

[ad_1] White House coronavirus response coordinator Deborah Birx listens to Anthony Fauci, Director of the National Institute of Allergy and Infectious Diseases speak in the Rose Garden for the daily coronavirus briefing at the White House on March 29, 2020 in Washington, DC. Tasos Katopodis | Getty Images U.S. health …

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Coronavirus shock is pushing global growth toward zero, S&P says

[ad_1] People walk in Brooklyn while lower Manhattan looms in the background on March 28, 2020 in New York City, NY. Spencer Platt | Getty Images With the worldwide economic turbulence wrought by the coronavirus crisis and nationally enforced lockdowns across major markets, global growth is set to be pushed …

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