Today's Top Story
Jobless Americans to see extra payments as soon as this week
WASHINGTON (Reuters) - Americans who have lost their jobs due to the coronavirus outbreak will start getting enhanced jobless benefits as soon as this week as states deploy hundreds of billions of dollars in federal aid, state officials said on Tuesday. Read More
Business News
-
Trump administration seeks $250 billion more in aid for small U.S. businesses: Mnuchin
WASHINGTON (Reuters) - The Trump administration on Tuesday asked Congress for an additional $250 billion in emergency economic aid for small U.S. businesses reeling from the coronavirus pandemic, as Senate Majority Leader Mitch McConnell pushed for passage as soon as Thursday.
-
Asian shares step back, oil rebounds in volatile trade
SYDNEY/WASHINGTON (Reuters) - Asian stocks stepped back on Wednesday after two sessions of sharp gains as investors turned wary on getting too optimistic about the coronavirus while death tolls were still mounting across the globe.
-
Wall Street volatility raises fears of another selloff
(Reuters) - The evaporation of a rally on Wall Street in the closing minutes of Tuesday's session shows that many investors fear the U.S. stock market is in danger of a renewed tumble due to uncertainty surrounding the coronavirus pandemic.
- More Business News»
Economic News
-
Jobless Americans to see extra payments as soon as this week
WASHINGTON (Reuters) - Americans who have lost their jobs due to the coronavirus outbreak will start getting enhanced jobless benefits as soon as this week as states deploy hundreds of billions of dollars in federal aid, state officials said on Tuesday.
-
Trump administration seeks $250 billion more in aid for small U.S. businesses: Mnuchin
WASHINGTON (Reuters) - The Trump administration on Tuesday asked Congress for an additional $250 billion in emergency economic aid for small U.S. businesses reeling from the coronavirus pandemic, as Senate Majority Leader Mitch McConnell pushed for passage as soon as Thursday.
-
Asian shares step back, oil rebounds in volatile trade
SYDNEY/WASHINGTON (Reuters) - Asian stocks stepped back on Wednesday after two sessions of sharp gains as investors turned wary on getting too optimistic about the coronavirus while death tolls were still mounting across the globe.
- More Economic News»
Money News
-
Cell towers, warehouses look like safe plays in U.S. real estate
NEW YORK (Reuters) - Some top-performing U.S. fund managers see opportunities in one of the sectors hardest hit by the coronavirus pandemic, cautiously increasing stakes in niches of the real estate market like cell phone towers and warehouses, which they see benefiting from an eventual economic recovery.
-
Buffett's Geico offers $2.5 billion credits as coronavirus cuts driving
(Reuters) - Geico Corp, part of billionaire Warren Buffett's Berkshire Hathaway Inc, said on Tuesday it will offer about $2.5 billion of credits to its 19 million auto and motorcycle policyholders, reflecting the decline in driving stemming from the coronavirus pandemic.
-
Your Money: Make a big impact with your COVID-19 charity dollars
NEW YORK (Reuters) - When Rachel Baron wanted to give back to her community affected by COVID-19, her first thought was to help local emergency room doctors. So the 46-year-old advertising copywriter worked with some friends to set up food deliveries from local restaurants in New York's Westchester County through the Meal Train service.
- More Money News»
