In an effort to offset the economic burden from the ongoing new coronavirus pandemic, Treasury Secretary Steven Mnuchin said Tuesday the Trump administration wants to send money to Americans as quickly as possible.
Meanwhile, Tuesday marked another rough day in sports as four Brooklyn Nets players, including Kevin Durant, tested positive for the new coronavirus. However, it was a less glum day on Wall Street as stocks jumped after President Donald Trump promised he’s “going big” with plans to blunt the economic pain caused by the coronavirus outbreak.
In Brooklyn, the Nets announced that four players on the team tested positive for the new coronavirus, though the team did not identify which players were infected. The Athletic, however, confirmed Durant is among the players to test positive for the virus.
The four players on the Nets now join the Utah Jazz’s Rudy Gobert and Donovan Mitchell, along with the Detroit Pistons’ Christian Wood as the seven confirmed coronavirus cases in the NBA.
On Wall Street, Tuesday’s 4.7 percent gain for the S&P 500 meant it clawed back a little more than a third of its loss from a day before, its biggest in more than three decades. The Dow Jones see-sawed through the day, closing at 1,000 points higher than Monday.
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Kevin Durant 1 Of 4 Nets Players With Coronavirus: Report
Stocks Jump As Trump Promises Big Economy Aid
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Numbers: Latest U.S. Confirmed Cases And Deaths
Treasury Secretary Steven Mnuchin announced Tuesday that taxpayers can delay paying income taxes on as much as $1 million in taxes.
The new option will allow millions of older people to take care of ongoing medical problems as well as new concerns without leaving home.
Stocks jumped Tuesday as President Donald Trump promised he’s “going big” with plans to blunt the economic pain caused by the coronavirus outbreak.
Macy’s say it will provide benefits and compensations to its impacted workers.
The nation’s largest movie theater chains have shut their doors to stop the spread of the virus.
Two artists met while working at a Hoboken, New Jersey, coffee shop and dreamed of starting their own. Now, with two small kids, they’re worried.
On Monday, there was time for one last sit-down lunch in the Loop before new coronavirus closures shut down restaurants and bars for weeks, or longer.
The new coronavirus was not officially on Tuesday’s ballot in Florida but the virus was clearly evident at polling places around the state.
Mayor Steve Adler seeks to assuage COVID-19 concerns with guidance and tips amid anxiety, outlining ‘how we’re going to get through this.’
Restaurant owners are cooking “staff meals” to-go and trying to raise money online to help workers pay rent amid COVID-19 closures.
The Rhode Island Board of Elections voted to rescheduled to primary over concerns of the coronavirus.
The mayor said he’ll be making the decision in the next 48 hours.
The largest shopping mall in North America is closing its doors in order to reduce the spread of COVID-19.
Grocery companies are focusing on hiring to keep up with stocking shelves during the coronavirus outbreak.
This year’s SAT and ACT tests, the largest college placement exams in the U.S., are being canceled or postponed due to the new coronavirus outbreak, the groups that run both tests announced.
The nation’s hospitals would be overwhelmed if people don’t practice social distancing to help “flatten the curve” on the spread the new coronavirus, according to a leading doctor of emergency medicine.
A Chicago woman in her 60s who had underlying health conditions has died of the illness. She was diagnosed with coronavirus earlier this month.
Matagorda County Emergency Operation Center said late Monday a man in his 90s succumbed to COVID-19 the previous night.
Curfews, suspending liquor sales, driving bans: All could happen under local emergency declarations, according to Massachusetts law.
In addition to a phone scam that has already begun, IT researchers warn of malware attached to phony coronavirus websites.
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