April 10, 2020 / Ted Knutson, Contributor COVID-19 frauds are coming in different flavors, the Securities and Exchange Commission is warning today in an investor alert. From promoters boasting of companies that have developed (unproven) COVID-19 treatments to scamsters hyping “safe” commodities to charitable investment charlatans to affinity fraudsters, crooks are employing a variety of …
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April 10, 2020 / BY VINCE GOLLE AND SARINA YOO / BLOOMBERG Economists expect the U.S. to suffer its largest-ever contraction this quarter and the unemployment rate to soar to a post-Depression record, followed by a recovery that will be moderate and drawn out. Gross domestic product will plummet an annualized 25% from April through June …
April 10, 2020 / BY ASSOCIATED PRESS WASHINGTON — The top U.S. infectious disease official says coronavirus antibody tests are just days away. Dr. Anthony Fauci says at the last White House coronavirus task force meeting, the people responsible for developing, validating and disseminating the tests were saying “a rather large number of tests” will be …
April 10, 2020 / COLIN DWYER Just over a week ago, the worldwide death toll linked to the coronavirus stood at around 50,000 — a staggering sum for a virus that was still largely unknown to the world at the start of the year. Now, that death toll has nearly doubled and is nearing 100,000 combined deaths …
April 9, 2020 / Rachel Sandler, Forbes Staff Topline: As public health experts and U.S. officials begin to think about how and when the country should start easing social distancing, President Donald Trump on Thursday said widespread testing “isn’t necessary, but would be a good thing to have” before the economy reopens. At the White …
April 10, 2020 / By Tyler Olson | Fox News President Trump on Friday renewed his calls for a broad payroll tax cut as a way to ease the economic pain caused by the coronavirus pandemic after he had previously called for such cuts last month. The CARES Act, the official name of the $2.2 trillion economic stimulus and virus-fighting legislation passed late last …
April 9, 2020 / RACHEL COHRS The White House announced Thursday that providers receiving grants from the $100 billion aid fund in Congress’ third stimulus package will be banned from balance billing patients for COVID-19 treatment. Providers that receive grant funds from the Coronavirus Aid, Relief, and Economic Security Act will have to certify that they will …
April 9, 2020 / By Ken Dilanian, Robert Windrem and Courtney Kube WASHINGTON — U.S. spy agencies collected raw intelligence hinting at a public health crisis in Wuhan, China, in November, two current and one former U.S. official told NBC News, but the information was not understood as the first warning signs of an impending global …
April 9, 2020 / By Tyler Olson | Fox News The U.S. government is poised to spend an unprecedented sum of money on its response to the coronavirus crisis, with a potential final price tag of nearly $5 trillion if lawmakers get the full extent of what they’re seeking in as many as five separate bills. While there is a …
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