As New York City grapples with the magnitude of the coronavirus death toll, stories are emerging of full hospital morgues and backup refrigeration trucks as funeral directors and cemetery workers cope with at least double their normal workload. The number of fatalities in the city reached 5,065 on Friday morning, with 1,443 of them in […]
The coronavirus pandemic hasn’t hit its peak yet, but it’s already cost a record number of Americans their jobs, with 16.8 million people filing unemployment claims in the last month. Many stared down the first of the month with a scary question on their minds: How will I pay my bills? Unfortunately, many households were […]
Kelsey Pierce, a musician and songwriter in New York City, had always wanted to foster a dog with her roommate, Allyson Backus, but because of their busy schedules it was never a real possibility. Since all of New York is currently on a stay-at-home order because of the coronavirus pandemic, the pair were finally able […]
WASHINGTON — Reprising the skeptical tone he has applied to the United Nations and the North Atlantic Treaty Organization, President Trump accused the World Health Organization of helping China conceal the number of its citizens that have been infected by the coronavirus. “I do believe they knew,” the president said at Friday’s briefing of the […]
China this week officially reopened Wuhan, the city where the coronavirus pandemic was first detected, claiming that new infections were in the single digits. Some have hailed the seeming success of China’s draconian lockdown as a model for other countries. In recent days, however, everyone from the CIA to Chinese investigative journalists has accused Beijing […]
Good news about the coronavirus is in short supply. The United States’ confirmed case count is approaching half a million — more than triple any other country’s. The U.S. will soon lead the world in COVID-19 deaths as well. Roughly 95 percent of Americans are living under lockdown orders. No one seems to have any […]
Millions of lost jobs might not make U.S. consumers feel like shopping for a new car or taking up more debt in the midst of a global pandemic. But when, and if, American households are ready to start spending again on credit, the Federal Reserve plans to be there to help make it happen. The […]
Is the Fed’s massive coronavirus stimulus package helping the ultra-rich at the expense of ordinary American workers? That’s what Chamath Palihapitiya, chief executive of venture-capital firm Social Capital LP, argued Thursday. “ “On Main Street today, people are getting wiped out. Right now, rich CEOs are not, boards that have horrible governance are not. People […]
“ ‘Many people who are dying, both here and around the world were on their last legs anyway, and I don’t want to sound callous about that.’ ” That’s former Fox News host Bill O’Reilly explaining on Sean Hannity’s radio show why he believes the coronavirus pandemic is being overblown. “The [U.S. death toll] projections […]
It won’t be your typical Easter, or Passover, on Wall Street, in the era of the deadly COVID-19 pandemic that has forced a global shutdown of businesses and caused governments to impose social-distancing measures to curb its spread. But, as is traditional, U.S. exchanges on Friday will be closed in observance of Good Friday, and […]