U.S. Navy Blue Angels and U.S. Air Force Thunderbirds demonstration teams participate in a midday flyover of New York skyline and Empire State Building as part of the “America Strong” tour of U.S. cities to honor first responders and essential workers during the outbreak of the coronavirus disease (COVID-19) in New York, U.S., April 28, […]
About 3.5 million mortgage borrowers have had their payments paused or reduced as the novel coronavirus outbreak in the United States continues to throw millions out of work, a survey from the Mortgage Bankers Association showed on Monday. The share of mortgage loans in forbearance rose to 6.99% from 5.95% from April 13-19, the industry […]
South Dakota’s governor on Monday said she hopes Smithfield’s Sioux Falls pork processing plant can reopen soon, a day after U.S. labor regulators urged the meat industry to adopt certain measures to prevent the spread of coronavirus among workers. “I’m hopeful that we can get it opened as soon as possible,” Kristi Noem told Fox […]
Since China began frantic efforts to curb a coronavirus epidemic in late January, residents in the tiny snake breeding village of Zisiqiao have had to come to terms with a ban on wildlife trading, its lifeline for decades. Zisiqiao employed hundreds of people to breed three million snakes a year. Now, the rows of wooden […]
The U.S. Small Business Administration (SBA) said on Friday it would resume processing applications for small business relief under the Paycheck Protection Program on Monday at 10:30 a.m. The SBA said it will be prepared to begin processing applications for an additional $319 billion authorized under the program from any approved lender by that time. […]
For the first time in ever, the ridged cactus coral has been successfully reproduced in human care. This week, the Florida Aquarium in Tampa announced its breakthrough that will help save “America’s Great Barrier Reef,” the third-largest coral reef in the world. “We are losing coral species faster than we can learn about them,” Keri […]
Senator Elizabeth Warren, and Representative Alexandria Ocasio-Cortez, said on Tuesday they would introduce legislation to stop many mergers while the United States struggles economically during the coronavirus pandemic. Warren and Ocasio-Cortez said they would formally introduce the Pandemic Anti-Monopoly Act to put a moratorium on all mergers that would normally be reported to the Federal […]
Top Trump administration officials on Tuesday predicted a strong economic rebound in the fourth quarter as the coronavirus fades, but a senior White House adviser warned that near-term unemployment and GDP data will be a “very grave” negative shock. Kevin Hassett, senior economic adviser to President Donald Trump told CNN that unemployment could reach 16-20%, […]
By Reuters Wire Service The Small Business Administration on Wednesday said it would be temporarily closing its Paycheck Protection Program (PPP) assistance program for small businesses to all but the country’s smallest lenders, in a bid to give them fair access. “To ensure access to the PPP loan program for the smallest lenders and their […]
With the pandemic hobbling the meat-packing industry, Iowa farmer Al Van Beek had nowhere to ship his full-grown pigs to make room for the 7,500 piglets he expected from his breeding operation. The crisis forced a decision that still troubles him: He ordered his employees to give injections to the pregnant sows, one by one, […]
