Treasury Secretary Steven Mnuchin on Monday said bipartisan discussions are underway over whether more U.S. government relief funding is needed amid the nation’s novel coronavirus outbreak, but that President Donald Trump is focused on taxes and travel. In an interview on Fox Business Network, Mnuchin said the Trump administration was prepared to back additional coronavirus […]
Carnival Corp said on Monday it planned to restart some of its cruise trips from North America in August as it tries to recover from the coronavirus pandemic, which has brought the industry to a virtual standstill. The company said it planned to resume cruises on eight ships from Miami, Port Canaveral, and Galveston on […]
A plane carrying aid supplies for use in the fight against the coronavirus crashed in Somalia‘s southern Bay region on Monday, killing seven people on board, a security official and the state-run news agency said. State-run Somalia News Agency said the plane belonged to African Express Airways and was ferrying supplies for use in the […]
Loan officers at U.S. banks reported significantly tightening standards and terms on business loans in the first three months of the year as the coronavirus outbreak in the United States began to shutter large parts of the economy and millions became newly unemployed. The officers also said in the Federal Reserve survey released on Monday […]
The U.S. Food and Drug Administration on Monday said it would require antibody tests for the new coronavirus to undergo an agency review, reversing an earlier policy that had allowed fraudulent products to be marketed. The agency’s previous policy required only that companies attest that their product was valid and labeled as unapproved, attracting 170 […]
