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White House is not planning 4th bill

The White House is not currently planning for a fourth emergency coronavirus response proposal as it focuses on implementing the unprecedented $2 trillion relief package passed last week, two senior administration officials told CNBC.Since President Donald Trump signed the bill into law Friday, House...

Man charged with billing for fraudulent test claims

Items from a COVID-19 test kit are displayed for a photograph.Michael Nagle | Bloomberg | Getty ImagesFederal prosecutors have criminally charged a Georgia man for allegedly conspiring to defraud federal and private health-care benefit programs "by submitting fraudulent testing claims" for coronavirus and genetic...

House to vote on relief bill

The US Capitol is reflected in a standby ambulance on March 27, 2020, in Washington, DC.Alex Edelman | AFP | Getty ImagesHouse members are scrambling back to the Capitol on Friday morning as one member's opposition to a $2 trillion coronavirus rescue package is...

IMF chief Georgieva says the world is in a recession, containment will dictate strength of recovery

Kristalina Georgieva, managing director of the International Monetary Fund (IMF), speaks in Washington, D.C., on Oct. 16, 2019.Andrew Harrer | Bloomberg | Getty ImagesThis is a developing story. Check back for updates.International Monetary Fund chief Kristalina Georgieva said Friday that the global economy is...

Senate, Fed coronavirus aid is greatest fiscal-monetary bazooka ever

Paul Tudor JonesKevin Mazur | Getty ImagesHedge fund manager Paul Tudor Jones said Thursday investors should commend Washington's policy response to the economic shock from the coronavirus pandemic. "Investors can take heart that we've counteracted this existential shock with the greatest fiscal, monetary bazooka. It's not even...

New York City weighs closing parks, playgrounds and streets to enforce social distancing, Gov. Cuomo says

New York Governor Andrew Cuomo speaks to the media at the Javits Convention Center which is being turned into a hospital to help fight coronavirus cases on March 24, 2020 in New York City.Eduardo Munoz Alvarez | Getty ImagesNew York state and city officials...