March 2020

Trump Cites Coronavirus as He Announces a Border Crackdown

Administration officials also initially said the rule would entail returning every foreigner that crossed the border illegally to Mexico. But the Mexican government, which was blindsided when Mr. Trump confirmed the plan earlier this week, has since then said it would not accept all returned migrants. “If they return people who are neither Mexican nor […]

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Fed Backstops Corner of Municipal Debt Markets Amid Calls for Support

WASHINGTON — The Federal Reserve tiptoed into the market for municipal debt on Friday, a small move that economists, lawmakers and state treasurers say should be expanded as the coronavirus places huge financial pressure on local governments. The Fed will now let banks tap cheap loans by pledging short-term, highly rated municipal debt as collateral.

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Coronavirus: Cannes film festival and Daytime Emmys postponed

Image copyright Getty Images Image caption Director Spike Lee was previously announced as this year’s Cannes jury chair France’s Cannes Film Festival and the US daytime Emmy TV awards are the latest events being postponed to delay the spread of coronavirus. The prestigious festival, due to take place in May, may be held at the

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Kroger Is Denying Paid Leave To Quarantined Workers, Despite Promises

Two Kroger supermarket employees who need to self-quarantine because they are at high risk of contracting COVID-19 say that the chain is refusing to provide them with emergency paid leave.  Earlier this week, Kroger CEO Rodney McMullen announced an emergency sick leave policy similar to ones put in place by a number of large employers.

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Michael Bloomberg Spent More Than $900 Million on His Failed Presidential Run

It was a billion-dollar flop. Michael R. Bloomberg spent more than $900 million on his failed bid for the White House by the end of February, a spectacular sum and the most ever for a self-funded politician in American history. But it was not enough to help the billionaire candidate win a single state before

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