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WASHINGTON: The White House’s top economic adviser, Larry Kudlow, said the administration may consider asking for an equity stake in corporations that want coronavirus aid from taxpayers
WASHINGTON: Major U.S. airlines sought a government bailout of more than US$50 billion as the White House is urgently drafting a financial assistance package in the wake of the steep falloff in U.S. travel demand sparked by the coronavirus pandemic.
WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin on Sunday said he was in close touch with Congress about helping U.S. airlines weather a massive downturn in business due to sweeping travel restrictions aimed at containing the coronavirus.
WASHINGTON (Reuters) - The European Union's top trade official has cancelled plans to visit the United States and Canada next week as concerns escalate about the fast-spreading coronavirus, two EU officials said on Wednesday.
No one has been diagnosed with the new coronavirus in Alabama, but unfounded social-media rumours run so wild that the state public health department assigned a staffer to stamp them out.
WEST PALM BEACH, Fla./WASHINGTON (Reuters) - President Donald Trump loves numbers, and the ones he believes illustrate his accomplishments - an unemployment rate at a 50-year-low and stock markets at record highs - have become touchstones in his speeches, rallies and Twitter missives.
WASHINGTON (Reuters) - The U.S. Federal Reserve and Congress moved swiftly to confront the growing coronavirus threat this week, as the central bank propped up the economy and the House and Senate approved $8.3 billion (£6.3 billion) for vaccine development and other steps to contain the virus.
WASHINGTON: The Trump administration is weighing tax relief for airline, cruise and travel industries to help such companies cope with a growing coronavirus outbreak that has dried up bookings, a source familiar with the plan said on Friday.
BRASILIA (Reuters) - Brazil's right-wing President Jair Bolsonaro is preparing to meet U.S. President Donald Trump on Saturday at the Mar-a-Lago resort in Florida, four people familiar with the Brazilian leader's travel plans told Reuters.
WASHINGTON (Reuters) - A top U.S. health official told lawmakers on Friday to expect many more coronavirus cases in the United States, a source said, as the Trump administration faced mounting criticism for its response to the crisis.