TGIF, MarketWatchers. Stay safe out there and don’t miss these top stories: Personal Finance IRS pays out $157.9 billion in 88 million stimulus checks New IRS data show how many people have been paid up to $1,200 each, state by state. ‘I received an email from clients demanding their deposit back’: Coronavirus took a bite […]
Policy makers often describe their approach to the COVID-19 crisis as placing the economy in hibernation or an induced coma. In that sense, the restoration of normal functioning after the patient is revived will be the true measure of success. Post-pandemic recovery will experience effects that persist after the initial cause — the coronavirus — […]
This article is part of a series tracking the effects of the COVID-19 pandemic on major businesses, and will be updated. It was originally published on April 15. Tesla Inc. is benefiting from hopes that it is nimbler than its Detroit peers to weather the economic destruction ignited by the novel coronavirus. Tesla TSLA, +2.76% […]
The number of COVID-19 patients walking into hospitals across New York state has stubbornly flatlined at roughly 1,300 a day—at first glance, disappointing news given social-distancing measures are about as drastic as they could be in the state. “This is still not great news,” said Gov. Andrew Cuomo at his daily news briefing on Friday. […]
Meghan McCain talking to Andy Cohen: (Bravo) Meghan McCain has criticised Kellyanne Conway’s marriage, saying that she and her husband shouldn’t disagree in public. Ms Conway is a counsellor to president Donald Trump and one of his most high-profile advisors, but her husband, George Conway III, an attorney, often publicly criticises the president. During an […]
A woman was shocked to board a packed American Airlines flight and find that half of the passengers were not wearing masks. Many flights are mostly empty due to the coronavirus pandemic, but the flight from Miami to New York was 80-90% full, the New York Post reported. The news came as the head of […]
Mortgage bond trading on Wall Street isn’t an exact science, but the price levels that sparked several parcels of hotel-chain debt to trade on Thursday are painting a pretty grim picture for lodging. Traders circulated a list of five mezzanine mortgage bonds tied mostly to national, extended-stay hotel chains at price talk of about 63 […]
Intel Corp. announced what was generally expected Thursday — a boom in server and PC chips as more consumers work at home during the COVID-19 pandemic — but could not alleviate investors’ fears about the rest of 2020, resulting in declining values across the chip sector. The first quarter demonstrated that Intel INTC, -1.76% managed […]
At an unusually contentious briefing Thursday of the coronavirus task force, President Trump floated the idea that people infected with COVID-19 might be treated using injections of disinfectant and applications of ultraviolet light. Trump brought up those theories in the context of a presentation by William Bryan, a scientist at the Department of Homeland Security, […]
Hi there, MarketWatchers. Stay safe and don’t miss these top stories: Personal Finance Coronavirus is upending summer internships — how to make your mark if your internship is now virtual People who have internships are more likely to secure a full-time job after graduating college, research suggests. But many internship offers are being rescinded amid […]