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Majority Leader Mitch McConnell said the Senate will pass the legislation later Wednesday. The full text of the bill has not yet been released.
It doesn’t provide nearly enough for New York state, Gov. Andrew Cuomo said Wednesday.
A very tough path lies ahead, and it will inevitably lead to more economic and financial damage and require constant policy vigilance and responsive agility.
    U.S. Retailers Plan to Stop Paying Rent to Offset Virus
Mar 25, 2020 - 10:23:41 PDT
Major U.S. retail and restaurant chains, including Mattress Firm and Subway, are telling landlords they will withhold or slash rent in the coming months after closing stores to slow the coronavirus, according to people familiar with the situation.
Some Americans are taking on debt to pay for supplies they believe they need to respond to the virus outbreak.
The scoffed-at idea of paying everyone a basic income as machines take peoples jobs is getting a fresh look as a possible remedy for economies cratered by the coronavirus pandemic.
"This time of unprecedented market conditions has led to growing demand for a broader range of delivery needs ..."
A former head of the European Central Bank is throwing support behind policymakers racing to contain the COVID-19 outbreak’s impact, and warning of a potential economic depression if fiscal and monetary leaders fail to act with force.
Yesterday the Chair of the FDIC released an astonishing video asking Americans to keep their money in the bank. Accompanied by soft piano music playing in the background, the official said:...
Gerald says they're going to go after your gold. Here's why, and here's why that's unlikely...
St. Louis Fed President James Bullard warned that the impact of the novel coronavirus on the U.S. economy would be of historic proportion.
A new report from the Kaiser Family Foundation estimated that the total cost of coronavirus treatment in a hospital could top $20,000 when factoring in out-of-pocket costs and insurance coverage. 
The record U.S. economic stimulus package provides much-needed aid to small companies and Americans hit hard by the coronavirus, but it falls short of a fiscal elixir that heals the economy and offsets labor-market carnage.
Demand for physical gold and silver bullion is just beginning to RAMP UP. We haven’t seen anything yet!
The coronavirus crisis has brought another first to U.S. financial markets — negative yields on government debt.
    Time for ‘Whatever It Takes’ Support for Banks
Mar 25, 2020 - 08:11:02 PDT
Europe seems to be gradually shedding the long-held tenets and taboos of its post-war, rules-based liberal order. National borders are closing. Personal liberties are being curtailed. Governments are ruling by decree, with hasty rubber-stamping by deserted parliaments. Fiscal limits are being overstepped.
Lawmakers are working to reach an agreement on a massive stimulus package to combat the economic impact of coronavirus. Real estate investor Tom Barrack, Colony Capital chairman and CEO, is warning commercial mortgages are on the brink of collapse and that we are seeing the beginning of "a second crisis that will occur in the financial markets" if immediate action is not taken by Congress. He joins "Squawk Box" to discuss.
It’s the chart that shows the number of potential deaths among the banks and insurance companies that have gorged themselves on risky derivatives and serve as counterparties to each other in a daisy chain of financial contagion.
The rush into investment-grade bonds picked up after the Federal Reserve said it will step into the market, with the world’s largest credit ETF seeing the second-biggest inflows in its 18-year history. The $30.3 billion iShares iBoxx $ Investment Grade Corporate Bond exchange-traded fund...
It’s not just grocery shoppers who are hoarding pantry staples. Some governments are moving to secure domestic food supplies during the conoravirus pandemic. Kazakhstan, one of the world’s biggest shippers of wheat flour, banned exports of that product along with others, including carrots...