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 […]
Tag: Politics
IRS delays tax filing deadline, JC Penney yanks earnings outlook
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 245,000, according to data compiled by Johns Hopkins University. Global deaths: At least 10,031, according to Hopkins data. US […]
US coronavirus cases surpass 10,000, doubling in two days
The number of confirmed COVID-19 cases in the United States surpassed 10,000 on Thursday, doubling over two days as states ramp up testing and the new coronavirus sweeps across the country. New York Gov. Andrew Cuomo said Thursday morning that the state confirmed 1,769 new cases in the last day, bringing the number of confirmed […]
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 […]
President Trump’s coronavirus task force holds briefing
[The stream is slated to start at 11:30 a.m. ET. Please refresh the page if you do not see a player above at that time.] Members of the task force created to address the deadly coronavirus outbreak are expected to hold a press briefing Tuesday at the White House as state and local authorities take […]
Regulators considering relaxing bank rules during coronavirus crisis
Joseph Otting, comptroller of the U.S. currency. Andrew Harrer | Bloomberg | Getty Images Federal regulators are considering relaxing liquidity rules on banks to reduce financial pressure on them stemming from the coronavirus pandemic, sources said Tuesday. The Office of the Comptroller of the Currency, which regulates banks and federal savings associations, is considering relaxing its […]
NY tri-state area imposes new restrictions, Workday to give workers cash
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 169,387, according to Johns Hopkins University. Global deaths: At least 6,513, according to Johns Hopkins University. US cases: At least […]
Senate has yet to receive final draft of coronavirus relief bill passed by the House
Senate Majority Leader Mitch McConnell (R-KY) speaks to reporters following the Senate Republican policy luncheon which both President Donald Trump and Vice President Mike Pence attended on March 10, 2020 in Washington, DC. Samuel Corum | Getty Images Senate Majority Leader Mitch McConnell said he has yet to receive a final draft of the coronavirus relief […]
Cuomo calls on Trump to mobilize military
National Guard troops listen to New York Governor Andrew Cuomo as people wait to be tested at the State’s First Drive Through COVID-19 Mobile Testing Center at Glen Island Park in New Rochelle, New York March 13, 2020. Timothy A. Clary | AFP | Getty Images This is CNBC’s 24-hour blog covering all the latest […]
