The governor said that such changes in credit terms, which have been permitted to borrowers to specifically tide over the economic fallout from COVID-19, will not be treated as concessions granted due...

In an interview later on Friday with RBC TV, Sorokin said crude at $25 a barrel is "unpleasant" for Russian Federation, but isn't a catastrophe. Both contracts are down almost two thirds this year a...

But a segment of the funding bill that would apply to the cruise industry limits aid to "an entity or company domiciled in the United States with significant operations and employees located in the Un...

As Trump announced his plans, Congress was also working on a relief bill. His proposal for a cut to payroll taxes has met resistance on Capitol Hill. Michael McCarthy of CMC Markets said: "The marke...

The Dow Jones Industrial Average (DIA) declined 930.24 points, or 4.1%, to close at 21,621.93. The U.S. has now overtaken China as the country with the most confirmed cases in the world. Factors lik...

The House scheduled three hours of debate, headed toward a possible vote sometime after noon EDT (1600 GMT). Republican President Donald Trump lashed out at Massie on Twitter, calling him a "third...

The financial programme was designed before the novel coronavirus outbreak, but the International Monetary Fund recently said that changes were made to support unbudgeted spending covering emergenc...

The GM-Ventec statement came an hour after Trump lashed out at the automaker as well as Ford for allegedly moving slowly to help resolve the ventilator shortage. "Names and numbers will be announced ...

That drew criticism from Democrats. The decision comes as companies both big and small are experiencing less demand and attempting to conserve cash amid the COVID-19 pandemic. The tweet stood in ...

The state is releasing new numbers every Thursday. That number is looking pretty good compared to the almost 3.3 million Americans who filed for unemployment last week. Nationwide, 2.9 million Ameri...

The Bank of Canada has lowered its overnight interest rate to 0.25%. Today, the Bank is launching two new programs. "A firefighter has never been criticized for using too much water", Bank of Ca...

Canadian Prime Minister Justin Trudeau reportedly objected to the United States' decision to deploy U.S. military forces on the Canadian border to step up efforts to combat the novel coronavirus pa...

The company sold the plant in November. "Invoke 'P, '" the president tweeted in reference to the company's CEO Mary Barra. New York's Gov. Andrew Cuomo had said his state needed at least 30,000 so...

Rossotti, who headed the agency between 1997 and 2002. Adjustments to that income include things like student loan interest, educator expenses, alimony payments, penalty for early withdrawal of sa...

Das said lenders can allow a three-month moratorium on internet payments on working capital facilities and on term loans, all lenders can allow three-month moratorium or repayments. He urged those wit...

But that staggering leap in joblessness likely understates the full damage the coronavirus outbreak has inflicted on the US labor market, according to multiple economists. Revenue has collapsed at r...

With Quebec now Canada's hardest hit province accounting for more than 1,300 cases as of March 25th, the government says the recent surge is partly due to a change in testing procedures, and that the ...

Data firm Cirium on Tuesday estimated the number of aircraft placed in storage since January had climbed to 3,500 - up 1,000 from a day earlier - as more airlines ground planes. Virgin Australia has s...

Around midnight local time, authorities began cutting off public transportation in the cities of Huanggang and Ezhou , both located around 75 kilometers (45 miles) east of Wuhan in Hubei province. Th...

While much of the planet goes into lockdown, traders gave a massive thumbs up to the U.S. central bank´s pledge to essentially print money in a move not seen since the global financial crisis. The cen...

The US now has 160,000 ventilators, with 12,700 in the National Strategic Supply, reports The New York Times , but the country could need up to a million machines over the course of the outbreak, ac...

In a rare interview on NBC's Today on Thursday, the Fed chair said the bank's efforts are focused on helping the economy recover quickly once the threat from the virus has passed. "People are bein...

NTD News refers to the novel coronavirus , which causes the disease COVID-19, as the CCP virus because the Chinese Communist Party's coverup and mismanagement allowed the virus to spread throughout...

The deferment applies to all taxpayers, including individuals, trusts and estates, corporations and other non-corporate tax filers, as well as those who pay self-employment tax. If you file your tax r...

Bach said in a conference call on Wednesday morning that a call would take place with the 33 worldwide sports federations on Thursday to discuss the matter. Samsung is supporting the IOC's decision to...

Now Chancellor Rishi Sunak has announced measures to support them too. The scheme will also only be available to those who make the majority of their income through self-employment, and who have a...

CVS operates more than 9,900 pharmacies around the United States, which have found themselves on the frontlines of the response to the coronavirus pandemic . Part-time employees now have up to 24 hou...

That means that if you filed a tax return this year or last year, you'll probably receive a rebate, assuming your income is below the caps. The bill still must go through the House - a vote to pass ...

Last week the Employment Security Department said 14,154 initial unemployment benefits claims were filed for the week ending March 14, a 116% increase compared to the week before. You can read the ful...

She had said a day earlier that if there were calls for a vote recorded by name, lawmakers might be able to vote by proxy, as not all would attend. What was the snag in Congress? Treasury Secr...

The sheer number of the claims is nearly five times the previous record set in 1982 and is one of the first looks into the widespread economic damage caused by the virus. Heidi Shierholz, a former chi...

He stated: "This is a moment for solidarity, which was a major theme of the meeting today of the G20 Finance Ministers and Central Bank Governors". The IMF is working carefully with the World Financia...

In a video message to staff, Martin revealed that Wetherspoon would be relying on a government grant to pay workers. He said the pub chain would repay what it owes within a short timeframe once th...

The motion failed on a 48-48 vote. The revamped bill would provide one-time direct payments of $1,200 to all adults who make up to $75,000 a year, $2,400 per married couple, and $3,000 for family ...

With heightened demand for household items and thousands of people without jobs amid coronavirus-related business closures, discount retailers like Walmart and Dollar General are hiring as well ...