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| Coronavirus Testing Website Goes Live and Quickly Hits Capacity SAN FRANCISCO — A website intended to facilitate nationwide testing for coronavirus that was promoted by President Trump in a news conference on Friday quickly reached capacity when it went live in a small pilot project late on Sunday night. The website ... | |
| US Braces for Sharp Economic Downturn as Coronavirus Bears Down U.S. households, businesses and investors should brace for a sharp economic downturn in the first half of 2020 because of the new coronavirus pandemic—and hope for a bounce back during the second half of the year. Along the way, the government is on ... | |
| Stocks and Bond Yields Plummet After Fed Slashes Rates Stocks globally plunged Monday even after the Federal Reserve slashed its benchmark interest rate to near zero as investors remained concerned that the emergency measures won't suffice to ward off a recession caused by the coronavirus pandemic. | |
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| NYC's Economy Could be Ravaged by Coronavirus Outbreak The sudden and prolonged shutdown of New York City's museums and its iconic Broadway theaters. Restaurants and bars also closed except for take out and delivery. Hotels struggling to stay open in the face of a wave of canceled reservations. | |
| After the Fed, the dollar may not subside SINGAPORE (Reuters) - When the U.S. Federal Reserve cut interest rates to near zero on Sunday, the dollar fell, since the move blew away the yield on owning dollars and with it much of their attraction. FILE PHOTO: The Federal Reserve building pictured in ... | |
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| Markets Plunge as a Global Recession Appears Almost Inevitable Financial markets imploded again on Monday, as increasingly alarmed investors feared that the global economy could experience a downturn rivaling the cataclysmic recession after the financial crisis a decade ago. Even President Trump's boundless ... | |
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