Friday, September 20, 2024
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Author Archives: Stonecom Interactive

How to cushion coronavirus’ economic impact

Wall Street is hoping to rebound Tuesday after Monday’s historic losses, but traders still worry about the long-term impact of the outbreak. Some finance experts are fearing the coronavirus pandemic could lead to a recession. CBS News Business Analyst Jill Schlesinger joins “CBS This Morning” to explain where the U.S. economy stands, and who could be impacted the hardest. Source

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Eye Opener: Trump shares new coronavirus warnings

Federal and local governments are taking dramatic steps to try and stop the coronavirus from spreading. President Trump warned Americans against gathering in large groups, and said the pandemic could last until the end of summer. Also, investors fear a likely recession and widespread layoffs as the market reacts to the coronavirus pandemic. All that and all that matters in today’s Eye Opener. Your world in 90 seconds. Source

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Trump says coronavirus pandemic could last through summer

President Trump struck a somber tone when he addressed Americans amid the coronavirus pandemic in a Monday press conference. Mr. Trump warned that this could last until the summer, and did not rule out regional quarantines in the future. On a call with U.S. governors, the president told them to seek out critical medical supplies on their own as the federal government may be too slow to help. Weijia Jiang shares more details on the U.S. government’s pandemic response. Source

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