Arizona State House approves emergency budget virus aid with $50 million in coronavirus aid

The Arizona House on Monday passed an emergency budget package that includes $50 million in funding previously approved by the state Senate to address the coronavisis crisis.

US Federal Reserve to lend up to $300B to businesses, cities

In a series of sweeping, aggressive steps, the U.S. Federal Reserve will lend to small and large businesses and local governments as well as extend its bond buying programs.

Stocks fall as coronavirus bill fails second vote

U.S. equity markets slid Monday after the Federal Reserve announced "extensive new measures" to support the U.S. economy.

Dow drops more than 900 points, ending worst week since 2008

The Dow Jones Industrial Average climbed 134 points, or 0.7 percent, while the S&P 500 and Nasdaq Composite rose 1.01 percent and 1.6 percent, respectively.

Income tax filing deadline moved to July 15 from April 15

The United States is moving its tax deadline from April 15 to July 15, according to a tweet by Treasury Secretary Steven Mnuchin.

Dow reclaims 20K protecting Trump-era gains

The Dow Jones Industrial Average rose 189 points, reversing a drop of 721 points, or 3.6 percent, shortly after the open. The S&P 500 also posted modest gains.

Jobless claims jump by 70,000 as virus starts to take hold

The number of Americans filing new claims for unemployment benefits surged last week by 70,000, indicating that the impact of the coronavirus was starting to be felt in rising layoffs in the job market.

Dow below 20,000 as stock plunge threatens Trump-era gains

The early selling comes as the Trump administration and Congress hammer out the details of a $1 trillion stimulus package.

Treasury proposes to send $500B to Americans starting in April

In a memorandum issued Wednesday, Treasury is calling for two $250 billion cash infusions to individuals: A first set of checks issued starting April 6, with a second wave in mid-May.

Landlord stops rent collection for tenants struggling during the coronavirus outbreak

"Because I have the good fortune and of being able to afford it and the privilege of being in the owner class, I just let them know I would not be collecting rent in April."

Dow claws back 1,049 points as Fed, Treasury move to restore investor confidence

U.S. equity markets opened higher Tuesday as investors tried to claw back some of their losses from the steepest one-day slide since the Black Monday crash of 1987.

Trump wants quick checks sent to public in virus response

President Donald Trump wants the government to send checks to Americans in the next two weeks in an effort to curb the economic cost of the coronavirus outbreak.

Financial markets in turmoil over fear of coronavirus lockdowns

JPMorgan Chase now is forecasting the U.S. economy will shrink at a 2% annual rate in the current quarter and 3% in the April-June quarter.

Stocks recoup most big losses as investors await virus aid

Stocks, Treasury yields and oil are clawing back some of the plunge they took a day before, when the S&P 500 had its worst drop in more than a decade.

Coronavirus: DOJ issues warning over price gouging

The United States Department of Justice issued a warning to those who would price gouge during the coronavirus outbreak.