KEY POINTS U.K. Prime Minister Boris Johnson has said he believes the country can “turn the tide” within 12 weeks, while President Donald Trump has suggested the U.S. can open up again “fairly soon.” However, health experts are much more cautious. To date, more than
NoDerog | iStock | Getty Images Americans are starting to receive their cash payments via direct deposits, part of the $2 trillion bill passed by Congress to stimulate the economy after the decline caused by the pandemic. ″#IRS deposited the first Economic Impact Payments into
KEY POINTS New York City is preparing to bury the bodies of those who died of COVID-19 in temporary plots on public land. The city’s system for managing the deceased is being “pushed to the limit,” according to the chair of New York City Council’s
KEY POINTS “This will lead to airline bankruptcies,” said Sara Nelson, president of the Association of Flight Attendants union. “The Treasury Department is destabilizing the industry, not helping save it.” Nelson’s anger is fueled by the Treasury Department deciding to make 30% of each cash
KEY POINTS As markets careeen amid coronavirus-fueled economic volatility, financial advisors are at the eye of the storm. Five members of the CNBC Financial Advisor Council share what they’re telling clients, whether they’re helping them reallocate and how the downturn is impacting their own fortunes.
KEY POINTS Minneapolis Federal Reserve President Neel Kashkari said Sunday he expects the path to economic recovery from the coronavirus pandemic will be a “long, hard road.” “Barring some health-care miracle like that, it seems we’re going to have various phases of rolling flare ups,”
Millions of Americans will receive a coronavirus stimulus check from the IRS in the coming weeks and months. Today, take 10 minutes to figure out how you will spend or save yours once it hits your bank account. That way, you will have a clear action
KEY POINTS White House health advisor Dr. Anthony Fauci expressed “cautious optimism” that the deadly coronavirus outbreak is slowing down in the United States. Fauci said that parts of the country may start to reopen as soon as May. While the country won’t suddenly turn back on