Trump gives people with student loans a break amid coronavirus
Trump said people with federal student debt won't have to pay interest amid the coronavirus. That means borrowers could put their payments on pause without any penalty.
Trump said people with federal student debt won't have to pay interest amid the coronavirus. That means borrowers could put their payments on pause without any penalty.
Airlines are arguably the hardest hit industry due to the travel restrictions to slow down the spreading of the coronavirus.
Shares of Google parent Alphabet Inc closed up more than 9% after U.S. President Donald Trump said on Friday the search giant would create a website to help determine whether individuals need a coronavirus test or not.
American shoppers stood in long lines outside grocery stores on Friday, waiting to buy essentials like toilet paper, pasta, and bottled water, as a worsening coronavirus crisis stoked fears of shortages across the United States.
JPMorgan is the latest financial firm to report its first cases of coronavirus as Gov. Cuomo takes steps to address the pandemic.
Warren Buffett's Berkshire Hathaway Inc said on Friday that Microsoft Corp co-founder Bill Gates is retiring from the conglomerate's board of directors, and is expected to be replaced by Kenneth Chenault, who spent 17 years as chief executive of American Express Co .
The International Monetary Fund on Friday advised all staff at its Washington, D.C., headquarters to work from home until further notice after an employee was diagnosed with COVID-19, the disease caused by the coronavirus, an IMF spokesman said.
Interest rate cuts won't cure the coronavirus but investors are still hoping the Federal Reserve can take some actions to help soothe the roiled stock market.
JPMorgan Chase and Co said on Friday two employees at its headquarters in New York City have contracted the coronavirus.
The dollar surged on Friday, posting sharp gains against the safe-haven Japanese yen as stock markets recovered globally and investors cheered efforts by governments and policymakers to address the economic fallout from the coronavirus outbreak.
Oil prices on Friday posted their biggest week of losses since the 2008 global financial crisis, rocked by the coronavirus outbreak and efforts by top exporter Saudi Arabia and its allies to flood the market with record levels of supply.
U.S. President Donald Trump declared a national emergency over the quickly spreading coronavirus on Friday, opening the door to more federal aid to combat a disease that has infected over 138,000 people worldwide and left more than 5,000 dead.
Fiat Chrysler Automobiles NV said production at its assembly plant in Windsor, Ontario, which was halted for 24 hours after an employee contracted the coronavirus, has resumed on Friday afternoon.
Microsoft Corp co-founder Bill Gates has stepped down from the company's board to dedicate more time to his philanthropic priorities including global health, education and tackling climate change, the company said on Friday.
A group representing major U.S. airports on Friday revised upward its forecast for estimated losses this year to $5.7 billion after President Donald Trump instituted new European travel curbs and as flight reductions rose.