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Senate Majority Leader Mitch McConnell of Ky., walk to attend a Republican policy lunch on Capitol Hill in Washington, Thursday, March 19, 2020. (AP Photo/Susan Walsh)
March 19, 2020 - 8:25 pm
WASHINGTON (AP) — Senate Majority Leader Mitch McConnell unveiled a sweeping economic rescue plan Thursday to pump $1,200 direct checks to taxpayers, $300 billion for small businesses to keep idled workers on payroll and $208 billion in loans to airlines and other industries. It's the initial...
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A sign notifying the availability of pasta in the wake of the coronavirus outbreak, outside Warwick Way Food & Wine in Victoria, London, Thursday March 19, 2020. For most people, the new coronavirus causes only mild or moderate symptoms. For some it can cause more severe illness. (Yui Mok/PA via AP)
March 19, 2020 - 4:31 pm
It was less than 11 weeks ago that the first cases of pneumonia were detected in Wuhan, China. The speed at which what would soon be named COVID-19, the disease caused by the new coronavirus, knocked the global economy askew is unparalleled in our lifetimes. Following are developments Thursday...
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File - In this Thursday, March 5, 2020 file photo, passengers wear protective masks walk in their way to their plane in the departure terminal at the Rafik Hariri International Airport, in Beirut, Lebanon. With thousands of flights grounded around the world due to a fast-spreading virus and seven countries in the Middle East suspending all commercial flights, airlines in the region have lost more than $7 billion in revenue, the aviation industry's largest trade association said Thursday. (AP Photo/Hassan Ammar, File)
March 19, 2020 - 7:43 am
DUBAI, United Arab Emirates (AP) — Seven Middle Eastern countries have suspended all commercial flights due to a fast-spreading new virus as the aviation industry's largest trade association announced Thursday that airlines in the region have already lost more than $7 billion in revenue. The...
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Senate Majority Leader Mitch McConnell, R-Ky., walks to the chamber as lawmakers negotiate on the emergency coronavirus response legislation, at the Capitol in Washington, Wednesday, March 18, 2020. (AP Photo/J. Scott Applewhite)
Associated Press
March 18, 2020 - 10:46 pm
WASHINGTON (AP) — By a sweeping bipartisan tally, the Senate on Wednesday approved a $100 billion-plus bill to boost testing for the coronavirus and guarantee paid sick leave for millions of workers hit by it — and President Donald Trump quickly signed it. But lawmakers and the White House had...
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Signs hang in the ticket window of a movie theater notifying customers that it is closed, Monday, March 16, 2020 in New York. New York state entered a new phase in the coronavirus pandemic Monday joining with Connecticut and New Jersey to close bars, restaurants and movie theaters starting Monday night. The governors said restaurants and bars will move to take-out and delivery services only. The three states also will limit crowd capacity for social and recreational gatherings to 50 people, effective 8 p.m. (AP Photo/Yuki Iwamura)
March 18, 2020 - 5:33 pm
NEW YORK (AP) — Faced with a lengthy shutdown due the coronavirus pandemic, movie theaters are requesting relief from the U.S. government. The National Organization of Theater Owners, the trade group that represents most of the industry's cinemas, said Wednesday that it's asking for immediate...
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A man sits alone at a coffee shop area at a shopping centre in London, Tuesday, March 17, 2020. For most people, the new coronavirus causes only mild or moderate symptoms, such as fever and cough. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia. (AP Photo/Kirsty Wigglesworth)
March 17, 2020 - 12:53 pm
Governments and central banks are scrambling to find ways to keep businesses from going bankrupt as the virus outbreak grinds the world economy to a halt. A day after Wall Street endured its worst daily drop since the crash of 1987, European markets wavered, as did U.S futures markets. There is...
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FILE - In this May 8, 2019, file photo, New Zealand's Reserve Bank Governor Adrian Orr speaks to the media in Wellington, New Zealand. New Zealand's central bank on Monday, March 16, 2020 cut the benchmark interest rate to a record low 0.25%. The cut of 0.75% came outside of the bank's normal schedule for changing rates. The Reserve Bank of New Zealand said in a statement that the negative impact of the pandemic on the New Zealand economy will be significant. For most people, the new coronavirus causes only mild or moderate symptoms. For some, it can cause more severe illness, especially in older adults and people with existing health problems. (AP Photo Nick Perry, File)
March 16, 2020 - 9:56 pm
WELLINGTON, New Zealand (AP) — New Zealand's government said Tuesday it would spend billions of dollars supporting hard-hit companies as it tries to shore up an economy headed for recession because of the coronavirus. The stimulus package is equivalent to 4% of GDP. A large chunk of the new...
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President Donald Trump speaks during a press briefing with the coronavirus task force, in the Brady press briefing room at the White House, Monday, March 16, 2020, in Washington. (AP Photo/Evan Vucci)
Associated Press
March 16, 2020 - 8:14 pm
WASHINGTON (AP) — Racing to stall an expected surge of coronavirus cases, the White House on Monday released a series of sweeping guidelines that for the next 15 days will temporarily rewrite the norms of American society. President Donald Trump, employing a newly somber tone about the crisis...
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FILE - In this April 13, 2018 file photo, a Delta Air Lines plane takes off above a taxiing Alaska Airlines airplane at the Seattle-Tacoma International Airport in Seattle. U.S. airlines are asking the federal government for grants, loans and tax relief that could easily top $50 billion to help them recover from a sharp downturn in travel due to the new coronavirus. Airlines for America, the trade group representing the carriers, posted its request for financial help on Monday, March 16, 2020 just as more airlines around the world were announcing ever-deeper cuts in service and, in some cases, layoffs. (AP Photo/Ted S. Warren, File)
March 16, 2020 - 5:47 pm
U.S. airlines are asking the federal government for grants, loans and tax relief that could easily top $50 billion to help them recover from a sharp downturn in travel due to the new coronavirus. Airlines for America, the trade group representing the carriers, disclosed its request for financial...
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