NEW YORK — This week, I went to a grocery store in a balaclava. At the time, it seemed like a weird thing to do. I looked like the Invisible Man if he had a walk-in role on “A Clockwork Orange” or “Mad Max.” I wanted to cover my face completely so (a) I wouldn’t […]
Dear Moneyist, I am in my 60s and I work for a well-known supermarket chain in North Carolina. My job requires me to be in the aisles at all time, answering customers’ questions and stocking shelves. I decided to wear a face mask because I am unable to remain six feet away from other customers, […]
President Donald Trump on Thursday doubled down on his earlier tweet that he expects Saudi Arabia and Russia to reach an agreement to significantly cut oil production. Trump tweeted Thursday morning that he spoke to Saudi Arabia’s Crown Prince Mohammed bin Salman, who held a discussion with Russian President Vladimir Putin, and now expects a […]
WASHINGTON — Navy leaders have relieved the captain of a U.S. aircraft carrier after a memo to military officials pleading for help with a coronavirus outbreak at sea was leaked to a newspaper, officials said. Capt. Brett Crozier, the commanding officer of the USS Theodore Roosevelt, now at port in Guam, was relieved Thursday after […]
Rows of empty seats on an American Airlines flight as seen on a flight from Washington, D.C, to Miami on March 18, 2020. REUTERS/Carlos Barria American Airlines forced passengers to sit next to each other even though their flight was virtually empty, according to a report by Mother Jones. The incident took place on a […]
LOS ANGELES — On Friday Dr. Deborah Birx, the U.S. coronavirus response coordinator, praised California and Washington state for their social distancing efforts, claiming that they may have already slowed the spread of the virus and should serve as models for the rest of the nation. “We really do appreciate the work of the citizens of […]
WASHINGTON — Two years ago, some of the nation’s top public health officials gathered in an auditorium at Emory University in Atlanta to commemorate the 1918 influenza pandemic — also known as “the Spanish flu” — which had killed as many as 40 million people as it swept the globe. Hosted by the Centers for […]
President Trump shied away Wednesday from issuing domestic travel restrictions or a national lockdown to slow the spread of the coronavirus pandemic that, in a best-case scenario, is expected to kill between 100,000 and 240,000 Americans. Asked at a White House briefing if he was considering limiting domestic air travel, Trump said he was thinking […]
The Federal Reserve, seeking to improve the functioning of a critical market for Treasury securities, announced Wednesday it was relaxing a rule that will free up capital for the biggest banks to lend. The rule change gives banks an incentive to hold Treasurys. The Fed announced it was relaxing the rule that required banks to […]
U.S. companies with investment-grade ratings have been storming the gates to borrow at the fastest clip in history, less than two weeks after the Federal Reserve exercised its crisis-era powers to keep credit flowing to a nation bracing for the worst of the coronavirus outbreak. The borrowing boom comes before the full contours of the […]