The US Capitol is reflected in a standby ambulance on March 27, 2020, in Washington, DC. Alex Edelman | AFP | Getty Images House members are scrambling back to the Capitol on Friday morning as one member’s opposition to a $2 trillion coronavirus rescue package is set to delay its passage. With few representatives in […]
Tag: Donald Trump
India’s streets sit empty, global cases near 500,000
This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks. Global cases: More than 492,000 Global deaths: At least 22,000 US cases: At least 69,000 US deaths: At least 1,000 The data […]
Trump mocks virus fear for Romney, Avenatti
U.S. President Donald Trump pauses during a Coronavirus Task Force news conference in the briefing room of the White House in Washington, D.C., U.S., on Sunday, March 22, 2020. Jim Lo Scalzo | Bloomberg | Getty Images President Donald Trump, in the midst of the biggest global health crisis in a century, on Wednesday morning […]
Congress is closing in on a deal
Democrats and Republicans are closing in on a massive stimulus package to combat the economic impact of the coronavirus. In perhaps the biggest signal that an agreement was close, House Speaker Nancy Pelosi, D-Calif., told CNBC on Tuesday morning that there is “real optimism” Congress can clinch a pact within a few hours. Senate Majority Leader […]
CVS to hire 50,000, Surgeon General warning
This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks. Global cases: More than 353,000 Global deaths: At least 15,000 US cases: At least 35,000 US deaths: At least 470 The data […]
GOP bill fails in key Senate procedural vote
A massive funding package to combat the impact of coronavirus did not get enough votes in a key Senate procedural vote Sunday evening. The stalemate came hours after Democratic leaders warned that the bill did too much to bail out companies and not enough to help workers. Stock futures cratered as the two parties failed to […]
US, Mexico restrict non-essential cross-border travel
The U.S. and Mexico have agreed to restrict all non-essential travel across their border, the Trump administration announced Friday. Members of the White House coronavirus task force also said that people who enter the country from Mexico and Canada without proper documentation will be immediately turned away from the United States’ borders. The announcement came two […]
IRS extends tax filing deadline to July 15
Treasury Secretary Steven Mnuchin prepares to deliver remarks on the coronavirus relief package after the Senate Republican Policy luncheon in Russell Building on Tuesday, March 17, 2020. Tom Williams | CQ-Roll Call | Getty Images The IRS is extending the federal income tax filing deadline to July 15 as part of a growing effort to […]
Trump’s argument for reelection is collapsing
President Donald Trump speaks at a Make America Great Again rally at the Civic Center in Charleston, West Virginia. Leah Millis | Reuters WASHINGTON — Looking back now, the night of Feb. 4 was probably the pinnacle of Donald Trump’s presidency. A few minutes past 9 p.m. ET, Trump entered the ornate House Chamber and then […]
Restaurant industry asks for $145 billion recovery fund from the government
Patrons eat at Tom’s Restaurant in the Prospect Heights neighborhood of Brooklyn on March 16, 2020 in New York City. Victor J. Blue | Getty Images The National Restaurant Association is asking the federal government for financial relief for the industry as it forecasts sales declines of $225 billion over the next three months due […]