Finance

WASHINGTON, March 11 (Reuters) – Democrats in the U.S. House of Representatives on Wednesday unveiled a broad package of proposals to help Americans affected by the coronavirus outbreak, while officials suspended public tours through the Capitol building. The legislation, which Democratic leaders aimed to rush to the House floor for debate and passage on Thursday, would grant workers 14 days of […]

President Donald Trump’s decision Wednesday to impose a 30-day ban on most Europeans entering the United States is the latest stunning setback for an airline industry that is reeling from a drop in bookings and a surge in people who are canceling reservations for fear of contracting the coronavirus. The ban, to begin at midnight

NEW YORK — The Latest on the action in the financial markets (all times local): 10:10 p.m. Stock futures are pointing to more losses in U.S. stock markets Thursday after President Donald Trump delivered a speech on the coronavirus outbreak that appeared to disappoint investors. Futures for the S&P 500 moved from a loss of

WASHINGTON — President Donald Trump said Wednesday he is suspending all travel between the U.S. and Europe for 30 days beginning Friday as he seeks to combat a viral pandemic. Trump made the announcement in an Oval Office address to the nation, blaming the European Union for not acting quickly enough to address the “foreign

GENEVA — The World Health Organization declared Wednesday that the global coronavirus crisis is now a pandemic as U.S. stocks plunged into bear market territory and several American cities joined European counterparts in banning large gatherings. By reversing course and using the charged word “pandemic” that it had previously shied away from, the U.N. health

The experience in other countries offers lessons for the United States. China appears to have been able to get its outbreak under control, but only through shutting down vast regions of the country. South Korea has won plaudits for its decisive response, but that too required huge disruptions to daily life and commerce. In Italy,

BOSTON — A biotech meeting at a hotel in downtown Boston appears to be the source of a cluster of the coronavirus in the U.S. — and a warning for employers who are still holding big gatherings as the outbreak spreads. Seventy-seven of the 95 confirmed cases in Massachusetts have been linked to a meeting

The Senate on Wednesday gave final congressional approval to a measure overturning Education Secretary Betsy DeVos’ rules making it harder for students to get loans erased after being misled by for-profit colleges By COLLIN BINKLEY AP Education Writer March 11, 2020, 7:17 PM 4 min read The Senate on Wednesday gave final congressional approval to

LONDON — Britain moved decisively on Wednesday to cushion its economy from the ravages of the coronavirus, even as its more cautious medical response came under fire, particularly after a health minister who had mingled at a reception with Prime Minister Boris Johnson fell ill from the contagion. The minister, Nadine Dorries, mixed with multiple

Trump administration working on plans to delay the April 15 tax deadline for most individual taxpayers as well as small businesses because of virus By MARTIN CRUTSINGER AP Economics Writer March 11, 2020, 5:15 PM 1 min read WASHINGTON — The Trump administration is working on plans to delay the April 15 federal tax deadline