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Coronavirus live updates: US jobs market could face record-setting damage, restaurant and mall industries ask government for aid

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President Trump announces updates on the U.S. coronavirus response: -HUD will suspend foreclosures and evictions until the end of April -2 U.S. hospital ships are preparing for launch -Steps are being taken to expand testing capacity

Zhang Xinmin, director of China's National Center for Biotechnology Development, said the favipiravir drug had produced positive outcomes during clinical trials in Wuhan and Shenzen. The report on Tuesday said 340 patients had taken part in the clinical trials.Sam MeredithScotland will close its schools from Friday and people should not assume they will open again until the end of the summer term, Scottish First Minister Nicola Sturgeon said.

Wall Street has been on an unprecedented roller-coaster ride amid the coronavirus turmoil, with the S&P 500 swinging 4% or more in either direction for seven consecutive sessions. This tops the previous record of six days from November 1929, according to LPL Financial. The S&P 500 is 25% off its record high through Tuesday's close.

Antwork, a group company of Japanese industrial drone maker Terra Drone, flew medical samples and quarantine materials in China's Xinchang in February during the height of the epidemic.

 

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Use ALL enclosed empty arenas as makeshift hospitals.

Nobody’s ever seen anything like it. We’re going to defeat the invisible enemy. Coronavirus is now: The Chinese Virus. I think that’s only in China. In America it’s now called the: The Orange Combover Virus

TrumpVirus

ScottWapnerCNBC realDonaldTrump wapner get Ackman of the TV...you guys are fear mongering

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The coronavirus crisis could inflict record-setting damage on the US jobs marketThe first wave of bad economic news directly related to the coronavirus crisis is likely to come from weekly jobless claims figures.
La source: CNBC - 🏆 12. / 72 Lire la suite »

Asian stocks higher after Trump promise of virus aidBEIJING (AP) — Major Asian stock markets were higher Wednesday after Wall Street rebounded on President Donald Trump's promise of aid to get the U.S. economy through the coronavirus... Hey get your finger away from your mouth !!! Meanwhile, everyday Americans wondering how they're going to pay bills, rent or even eat during this crisis: Republicans love socialism.
La source: AP - 🏆 728. / 51 Lire la suite »