The Market

The House on Friday debated a $ 2 trillion coronavirus stimulus package to help the U.S. economy cope with the pandemic, and while the chamber is expected to pass the massive bill it may be through a slower voting process because of a Republican congressman’s objections. House Speaker Nancy Pelosi …

Mark Wilson/Getty Images House Speaker Nancy Pelosi U.S. House Speaker Nancy Pelosi on Thursday predicted speedy passage for a $ 2 trillion economic package aimed at cushioning the effects of the coronavirus on Americans, as she planned a vote for Friday. “I feel certain that we will have a strong …

The number of global cases of the coronavirus that causes COVID-19 climbed above half a million on Thursday, and U.S. jobless claims soared to a historic level after workers were laid off or furloughed as non-essential services were ordered to close. The number of Americans who applied for unemployment benefits …

Millions of Americans are slated to receive $ 1,200 checks as part of a $ 2 trillion stimulus deal — but there’s a cutoff determining who’s eligible for the money. People making over $ 99,000 and married couples making above $ 198,000 will not be receiving the payments, according to …

How do you strike a balance between the country’s economic life and actual human life? Is putting America back to work sooner rather than later a Sisyphean task, the equivalent of rolling a rock perpetually uphill while up to 2 million people die of COVID-19? Or does the Sisyphean task …

Floyd Cardoz, the Mumbai-born, New York City-based chef who changed countless diners’ perceptions of Indian cuisine, has died at the age of 59 after testing positive for COVID-19. Shortly after returning from a trip to India on March 8, Cardoz began feeling feverish and admitted himself to a New York …

Oil futures fell Wednesday, with worries about growing supply amid a price war between Saudi Arabia and Russia outweighing support from an agreement on a $ 2 trillion U.S. economic stimulus program. Weekly data from the Energy Information Administration, meanwhile, revealed a smaller-than-expected weekly climb in U.S. crude inventories, but …

Senior lawmakers and members of the Trump administration early Wednesday came to an agreement on a massive stimulus measure to try to keep Americans whole as the economy shuts down due to the coronavirus. “Ladies and gentlemen, we are done. We have a deal,” White House aide Eric Ueland announced …

‘There really is no middle ground, and it’s very tough to say to people, “Hey, keep going to restaurants, go buy new houses, [and] ignore that pile of bodies over in the corner. We want you to keep spending because there’s maybe a politician who thinks GDP growth is all …