Saturday, September 21, 2024
Happening Now

Author Archives: Stonecom Interactive

Senate debates coronavirus relief bill as more workers face layoffs

Emotions ran high in the Senate chamber on Monday as lawmakers debated into the night on how to best soften coronavirus’ blow to the economy. Negotiations centered around a new $500 billion fund for loans to big industries, which Democrats say does not include enough rules to govern who gets what. As they spoke, General Electric announced it would lay off about 2,500 workers. Nancy Cordes breaks down Congress’ latest push to help U.S. industries and workers. Source

Share

Trump says coronavirus closures may last weeks, not months

While the federal government is still urging people to stay at home amid the pandemic, President Trump said he will decide on Monday whether to ease current coronavirus restrictions. He argued that dire economic conditions caused by prolonged shutdowns could lead to suicides, which he claimed would result in an even higher death toll. Mr. Trump’s statement goes against the advice of medical experts who say the coronavirus will not be contained in just a matter of weeks. Paula Reid breaks down the president’s Monday evening coronavirus briefing, where Dr. Anthony Fauci was noticeably absent. Source

Share