Author: CapitalGainsFund

Apr 28

Market Extra: Here’s the latest on the Fed’s rescue programs to keep credit flowing during the coronavirus pandemic

The Federal Reserve added smaller municipalities on Monday to its $2.3 trillion debt-buying program to help shore up Main Street businesses, municipalities and credit markets during the coronavirus pandemic. The inclusion of smaller U.S. locales to the Fed’s $500 billion municipal lending facility means that cities with at least 250,000 residents now can borrow from […]
Apr 27

#JustWearScrubs: GOP chairwoman tells anti-lockdown protesters to impersonate health care workers

Last week, after images of health care workers in hospital gear facing down demonstrators protesting stay-at-home orders went viral, Dr. Kelli Ward, chairwoman of the Arizona Republican Party, urged demonstrators calling for businesses to reopen to dress in scrubs and masks to confuse reporters. “Planning protest to #ReOpenAmerica?” Ward tweeted on Friday. “EVERYONE wear scrubs […]
Apr 27

Australia rejects Chinese 'economic coercion' threat amid planned coronavirus probe

By Kirsty Needham SYDNEY (Reuters) – Australian Foreign Minister Marise Payne has cautioned China against attempts at “economic coercion” as Australia pushes for an investigation into the coronavirus pandemic that China opposes. Chinese ambassador to Australia, Cheng Jingye, said in a newspaper interview on Monday the “Chinese public” could avoid Australian products and universities. Australia […]
Apr 26

Dispatches from a Pandemic: Blinking in the sunlight: Children make halting return to Spain’s streets after weeks of coronavirus lockdown

An unseen Pied Piper worked his way across Spain on Sunday, bringing children out of apartments and houses of all sizes with their bikes, scooters, skates and balls, and most important, their parents. A literal baby step down from one of the strictest coronavirus lockdowns in the world arrived as the country was set to […]
Apr 26

The Wall Street Journal: HHS Secretary Alex Azar may be ousted following frustration of his handling of pandemic

Administration officials are discussing replacing Health and Human Services Secretary Alex Azar following criticism of his management of the early response to the coronavirus pandemic, according to six people familiar with the discussions. It remains unclear if Azar will be ousted and in what timeline that might occur. Administration officials said the White House is […]