Traders listen at the New York Stock Exchange to Donald Trump’s speech from the White House last month.
In one of the first moves by a major US state, Texas Governor Greg Abbott approved retailers to employ a “to go” model that requires re-opened stores to deliver items to customers’ cars or homes.In Europe, the coronavirus pandemic in Germany is “under control” thanks to measures imposed after an early surge in cases, Health Minister Jens Spahn declared on Friday, as the country prepares to ease restrictions.
“We have a lot of economic pain… and that’s likely to last for some time,” New York Federal Reserve President John Williams told CNBC. “I still think we’ve got some tough days ahead.”
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