The two say the Fed should look for more authority that would give it the power to purchase corporate bonds on top of the Treasurys and mortgage-backed securities it already plans to buy.
"Not now. Not a year from now. Not 20 years from now. Not ever," the billionaire investor told CNBC on Wednesday.
Apple Inc launched an updated version of its MacBook Air on Wednesday, modifying keyboards on its laptop line that have faced criticism for typing-related problems.
Wall Street resumed a steep slide on Wednesday while bond markets rushed to price in the sheer scale of government support programs and handouts announced over the past 24 hours, all aimed at softening the economic shock of coronavirus.
Oil prices fell for a third session on Wednesday, with U.S. crude futures tumbling to an 18-year low and Brent hitting a more than 16-year low as travel and social lockdowns to counter the coronavirus raised prospect of the steepest ever annual fall in oil demand.
Honda Motor Co said Wednesday it is temporarily halting production in North America for six days because of the anticipated decline in auto sales due to the coronavirus outbreak and will reduce production by about 40,000 vehicles.
Emirates is asking pilots and cabin crew to take unpaid leave and rival Qatar Airways laid off about 200 staff in Doha this week as the coronavirus outbreak hammers demand for travel.
The Florida Republican told CNBC he wants to use a network of lenders for an existing program to help small businesses and employees.
JPMorgan Chase & Co said on Wednesday that it committed $50 million to funds and community groups that are providing food, support and medical supplies for people hurt by the coronavirus in the United States, Europe and Asia.
The carnage in stock markets is getting uglier by the day. Should you "buy", "sell" or "hold" on tight?
Wall Street's main indexes sank again on Wednesday, as growing signs of coronavirus damage to corporate America overshadowed a burst of optimism about sweeping official moves to protect the economy.
One of Noel Quinn's first jobs as chief executive of HSBC will be to review the radical revamp he unveiled last month as interim boss, a senior source at the bank said.
European Trade Commissioner Phil Hogan underscored the European Union's desire to negotiate a settlement to a dispute with the United States over aircraft subsidies when he spoke with the top U.S. trade official on Monday, an EU spokesman said.
British American Tobacco , the world's No.2 tobacco maker, said on Wednesday it has not yet seen a material impact from the COVID-19 outbreak, even as certain launches had to be postponed due to supply chain disruptions in China.
Billionaire investor William Ackman, who has long worried about the serious risks posed by the novel coronavirus, called on the Trump administration on Wednesday to seal off the United States for a month in a bid to curb the outbreak.