Global markets are starting to cool on the massive US stimulus deal
A rally on global markets lost steam Wednesday despite news from Washington that lawmakers had reached agreement on a sweeping $2 trillion economic…
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A $2 trillion boost from Congress is a good start. Expect more
Here’s a much-needed dose of good news for investors: Lawmakers in Washington have reached an agreement on a sweeping $2 trillion economic…
Continue Reading Flipkart shuts down and Amazon limits orders for 1.3 billion Indians under lockdown
India’s biggest online retailers have sharply reduced their service after the government ordered a three-week lockdown on residents across the…
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Laid-off El Paso workers struggle to get claims processed for unemployment benefits
EL PASO, Texas — The outbreak of coronavirus has led many business to temporarily shutdown. Movie theaters are some of the hardest hit at this time.…
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U.S. Senate, White House reach deal on virus aid package to send money directly to many Americans
WASHINGTON, DC — U.S. Senate leaders and the White House reached a deal early Wednesday on a massive coronavirus relief package. The breakthrough…
Continue Reading Fox News anchors fail to challenge Trump as he misleads during coronavirus town hall
Anchors at Fox News failed to meaningfully challenge President Trump as he repeatedly misled the network’s viewers during a virtual town hall…
Continue Reading In newspaper and TV interviews, experts beseech Trump to rethink Easter end to the coronavirus restrictions
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Franklin D.…
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Las Cruces considers allocating millions to help unemployed in coronavirus era
LAS CRUCES, New Mexico – The mayor of Las Cruces is considering allocating millions of dollars to help Las Cruces workers who file for unemployment,…
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Need a job? Mesilla Valley Transportation is hiring to meet grocery needs during virus outbreak
EL PASO, Texas – With groceries flying off the shelves, a Borderland trucking company with locations in El Paso and Las Cruces, is racing to put…
Continue Reading Chevron CEO vows to avoid first dividend cut since Great Depression
Chevron is pulling out all the stops to cope with the historic collapse in oil prices. The oil giant is slashing spending, scaling back its…
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Chevron CEO vows to avoid first dividend cut since Great Depression
Chevron is pulling out all the stops to cope with the historic collapse in oil prices. The oil giant is slashing spending, scaling back its…
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Trump hopes to loosen virus restrictions and have country ‘opened up’ by Easter
WASHINGTON — With lives and the economy hanging in the balance, President Donald Trump said Tuesday he is hoping the country will be reopened by…
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U.S. Senate moving closer to passing virus aid package as Dow surges 2,000 points
NEW YORK, NY — The Dow Jones Industrial Average surged to its best day since 1933 as Congress and the White House neared a deal on Tuesday to inject…
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Virus pandemic cripples travel industry in El Paso and beyond
EL PASO, Texas (KVIA) — Locally-owned Sun Travel has been in business for 55 years, and owner Paul Coleman says he’s not only concerned about his…
Continue Reading What postponing the Summer Olympics means for NBC
Japan’s Prime Minister and the International Olympic Committee agreed to postpone the Summer Olympics until 2021 because of the coronavirus…
Continue Reading YouTube to reduce video quality worldwide to ease strain on internet networks
Videos on YouTube will now default to standard definition for all users worldwide, a step down from the typical high definition that users normally…
Continue Reading There’s a simple way Apple and other companies can help the economy
The Federal Reserve and other central banks around the world have taken swift, coordinated action to help stabilize the global economy and financial…
Continue Reading Huge discounts on spring wardrobes are coming
Retailers have too much clothing and no ability to sell it all. The t-shirts, jackets, sneakers and jeans they were gearing up to push out for the…
Continue Reading Should domestic air travel be grounded?
Domestic air travel in the United States has virtually come to a halt, but thousands of planes are still flying. How long does it makes sense to keep…
Continue Reading People are being urged to support local restaurants as part of the ‘Great American Takeout’
People stuck at home amid the coronavirus pandemic are being urged to support local restaurants on Tuesday, March 24 by ordering to-go as part of the…
Continue Reading 3M CEO: Our medical masks should not be showing up in stores
Every respirator mask that’s available right now should be going to a healthcare worker on the front lines, caring for coronavirus-infected…
Continue Reading Millions of gig economy workers need help now to make coronavirus lockdowns work
Millions of gig economy workers across the world are facing an impossible choice as a result of the coronavirus pandemic: break lockdown rules, or…
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Brits to use contactless payments for bigger purchases as retailers fight coronavirus
The contactless limit for in-store spending will increase from £30 ($35) to £45 ($52) in the United Kingdom as retailers work to reduce physical…
Continue Reading Brits to use contactless payments for bigger purchases as retailers fight coronavirus
The contactless limit for in-store spending will increase from £30 ($35) to £45 ($52) in the United Kingdom as retailers work to reduce physical…
Continue Reading Ford is working with 3M and GE to make respirators and ventilators
Ford announced Tuesday that it’s working with 3M and GE Healthcare to produce medical equipment and protective gear for healthcare workers to…
Continue Reading Olive Garden, Chili’s and other restaurant chains are at risk
Restaurants are taking an astounding hit because of efforts to contain the spread of the coronavirus pandemic. Many are limiting seating. Some are…
Continue Reading Moviefone bought by mystery bidder for just $1 million
Moviefone, the once ubiquitous listings-by-telephone service, has been sold for just $1 million to an unknown buyer. It was most recently owned by…
Continue Reading The ghosts of 2008 haunt US coronavirus response
For the second time in two days, Democrats voted on Monday against advancing a $2 trillion package to mitigate the economic crisis caused by the…
Continue Reading Fox News hosts eye shutdown end as Trump says ‘cure’ can’t be worse than ‘problem’
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. President Trump and…
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After four days of marathon negotiating, still no stimulus deal in the Senate
Pressure has been intensifying for days on the Senate to pass a massive stimulus package to respond to the economic fallout of the coronavirus, but…
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