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Economic Report: U.S. businesses dealt severe blow in March from coronavirus and slip toward recession

Getty Images The coronavirus is killing Americans and devastating the economy. The numbers: Business in the U.S. posted the biggest contraction in March since the end of the Great Recession owing to massive disruptions caused by the coronavirus. A “flash” reading by the forecasting firm IHS Markit showed a small …

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The Moneyist: ‘All they care about is making money.’ Can my supermarket manager force me to remove my face mask at work?

Dear Moneyist, I am in my 60s and I work for a well-known supermarket chain in North Carolina. My job requires me to be in the aisles at all time, answering customers’ questions and stocking shelves. I decided to wear a face mask because I am unable to remain six …

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Britain becomes latest country in lockdown with police to enforce new restrictions

Britain has become the latest European country in lockdown as the U.K. government announced a raft of restrictions preventing the population from leaving home apart from four exceptions. There is now a blanket travel restrictions, and police will have powers to fine or disperse people who venture onto the street …

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Dispatches from a Pandemic: In the emergency room, scarcity of protective equipment ‘has been the biggest issue,’ says ER doctor

My brother-in-law, John Velasquez, is an ER doctor on the front lines of the response to COVID-19. He just finished a series of night shifts at Lawnwood Regional Medical Center in Florida and is heading north for a week working at St. Luke’s University Health Network in New Jersey. I …

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Market Snapshot: Dow futures plunge as coronavirus slams market, Fed official warns unemployment could hit 30%

U.S. stock-index futures fell by the most allowable for the day Sunday evening as the cases of coronavirus globally neared 330,000 and the market appeared unhappy with a lack of government action to address the current and expected fallout from the COVID-19 pandemic. On top of that, a U.S. central …

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Key Words: People are being jerks during the coronavirus pandemic — and there’s a new word to describe them

Buying every roll of toilet paper in sight? Enjoying beer pong on your favorite spring break beach? Can’t be bothered to wash your hands or cover up when you cough or sneeze? Then you just might be a: ‘Covidiot.’ The term has emerged as a catchall for those misbehaving during …

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This is how long coronavirus survives airborne — and on cardboard, plastic and steel, according to peer-reviewed study

COVID-19, the disease caused by the new coronavirus, is “stable for several hours to days” in aerosols and on surfaces, including plastic and stainless steel, according to a study published this week in the peer-reviewed New England Journal of Medicine. The study was coauthored by scientists at the National Institutes …

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Market Extra: The Dow is on pace for its worst month since the Great Depression, but here’s why all hope isn’t lost amid the coronavirus crisis

The month of March has rolled in like a ferocious lion for bullish stock-market investors, leaving little but carnage in its aftermath, as uncertainties about the effects of the coronavirus outbreak abound. The decline for the Dow Jones Industrial Average DJIA, -4.55% has been simply gut-wrenching for the average investor, …

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