VOL. 44 | NO. 15 | Friday, April 10, 2020
RICHARD COURTNEY: REALTY CHECK
As the Corona virus continues to spread across Davidson County, the number of pending home sales continue to rise.
REAL ESTATE
March 2020 real estate trends for Davidson Counties, as compiled by Chandler Reports.
WASHINGTON (AP) — U.S. long-term mortgage rates were stable to slightly lower this week after two weeks of declines amid deepening anxiety over the severe damage to the economy from the coronavirus pandemic.
NEWSMAKERS
Lynette Hotchkiss has joined McGlinchey Stafford’s consumer financial services compliance team in Nashville as of counsel.
BRIEFS
The Bradford Group has merged with the Dalton Agency to create Nashville’s fourth-largest public relations and advertising agency as measured by revenue.
STATEWIDE
The state will fund $19.7 million in broadband accessibility grants that will expand service to support 31,000 unserved Tennesseans in nearly 12,700 households and businesses, including in Middle Tennessee.
BEHIND THE WHEEL
The spread of the novel coronavirus, and its associated COVID-19 disease, is made worse because it is highly contagious. Since vehicle interiors are essentially small contained spaces, it is important to take steps to reduce the risk of contracting the virus while driving or riding inside.
PERSONAL FINANCE
The economic fallout from the coronavirus pandemic could be profound. Many people are already losing jobs, with unemployment jumping at a record pace. Even those who stay employed may face reduced hours or uncertainty about how long their paychecks will continue.
MILLENNIAL MONEY
Stressors are piling up with COVID-19 closures, cancellations and stay-at-home orders. On top of health concerns, lost incomes and lack of child care amid the pandemic, there's also coping with isolation, whether individually or as a couple or family.
CAREER CORNER
Working from home always sounded like a dream. It was this amazing concept that you heard about on TV, probably being done by people in California. You always wished you could try for a few days a week.
UT SPORTS
KNOXVILLE (AP) — The Tennessee Lady Vols have added forward-center Keyen Green as a graduate transfer from Liberty.
ENVIRONMENT
BERLIN (AP) — Energy company Royal Dutch Shell told investors Thursday that it aims to stop adding greenhouse gases to the atmosphere by 2050, a move that was welcomed by some climate campaigners even as others called it "corporate greenwash."
VIRUS OUTBREAK
NEW YORK (AP) — Have you liked or commented on a Facebook post about the COVID-19 pandemic?
LONDON (AP) — The U.K. government was poised Thursday to extend a nationwide lockdown for several more weeks, as health officials said Britain's coronavirus outbreak — one of Europe's worst — is nearing its peak.
WASHINGTON (AP) — In late February when President Donald Trump was urging Americans not to panic over the novel coronavirus, alarms were sounding at a little-known intelligence unit situated on a U.S. Army base an hour's drive north of Washington.
REAL ESTATE
WASHINGTON (AP) — U.S. home-building activity collapsed in March as the coronavirus spread, with housing starts tumbling 22.3% from a month ago.
NATIONAL/INTERNATIONAL BUSINESS
WASHINGTON (AP) — The wave of layoffs that has engulfed the U.S. economy since the coronavirus struck forced 5.2 million more people to seek unemployment benefits last week, the government reported Thursday.
WASHINGTON (AP) — The ranks of Americans thrown out of work by the coronavirus ballooned Thursday to at least 22 million in just four weeks, an unprecedented collapse that has fueled widening protests and propelled President Donald Trump's push to relax the nation's social distancing guidelines.
WASHINGTON (AP) — President Donald Trump said Wednesday he's prepared to announce new guidelines allowing some states to quickly ease up on social distancing even as business leaders told him they need more coronavirus testing and personal protective equipment before people can safely go back to work.
WASHINGTON (AP) — Leading Republicans say the coronavirus shutdown cannot go on. Car-honking activists swarmed a statehouse Wednesday to protest stay-home restrictions. Capitol Hill staff are quietly drafting bills to undo the just-passed rescue aid and push Americans back to work.
WASHINGTON (AP) — With a key coronavirus rescue fund nearly exhausted, negotiations are accelerating in Washington over President Donald Trump's $250 billion emergency request to help smaller employers across the country keep workers on their payroll.
NEW YORK (AP) — The government is approaching the $349 billion lending limit on its Paycheck Protection Program that is funneling relief money to the nation's small businesses.
Many Americans are struggling financially due to the coronavirus. A recent federal relief package makes it easier for people financially harmed by the coronavirus outbreak to tap into their retirement savings for cash by loosening rules for withdrawals and loans.
BILLINGS, Mont. (AP) — A U.S. judge canceled a key permit Wednesday for the Keystone XL oil pipeline that's expected to stretch from Canada to Nebraska, another setback for the disputed project that got underway less than two weeks ago following years of delays.
WEDNESDAY, APRIL 15
STATEWIDE
NASHVILLE (AP) — Tennessee has ended months of work setting up its rules for an online-only sports betting law that passed last year and has yet to see its first wager.
NASHVILLE (AP) — Tennesseans receiving unemployment benefits started seeing their first payments to include a $600 federal supplement for the newly jobless Wednesday. Normal weekly benefits in Tennessee are $275.
NASHVILLE (AP) — Tennesseans receiving unemployment benefits started seeing their first payments to include a $600 federal supplement for the newly jobless Wednesday. Normal weekly benefits in Tennessee are $275.
NASHVILLE (AP) — Tennessee's state parks will remain closed due to the ongoing threat of the coronavirus.
NASHVILLE (AP) — Tennessee's forestry division is now accepting proposals for urban tree planting projects.
PREDATORS
NASHVILLE (AP) — The Nashville Predators have signed defenseman Alexandre Carrier to a three-year contract.
VANDERBILT SPORTS
NASHVILLE (AP) — Vanderbilt senior forward Clevon Brown has been granted an extra year of eligibility after a knee injury limited him to nine games this season.
TECHNOLOGY
NEW YORK (AP) — Apple is releasing a new iPhone that will be vastly cheaper than the models it rolled out last fall at a time when the economy was booming and the pandemic had yet to force people to rethink their spending.
VIRUS OUTBREAK
WASHINGTON (AP) — Cameron Karosis usually strives to protect his personal information. But a scary bout of COVID-19 that began last month with headaches and fevers, progressed to breathing problems and led to a hospital visit has now left him eager to disclose as much as possible to help halt the virus' spread.
WASHINGTON (AP) — Three potential COVID-19 vaccines are making fast progress in early-stage testing in volunteers in China and the U.S., but it's still a long road to prove if they'll really work.
WASHINGTON (AP) — President Donald Trump said he was cutting off U.S. payments to the World Health Organization during the coronavirus pandemic, accusing the organization of failing to do enough to stop the virus from spreading when it first surfaced in China.
WASHINGTON (AP) — The U.S. military is bracing for a months-long struggle against the coronavirus, looking for novel ways to maintain a defensive crouch that sustains troops' health without breaking their morale — while still protecting the nation.
NATIONAL/INTERNATIONAL BUSINESS
NEW YORK (AP) — Selling swept Wall Street Wednesday after a dismal lineup of reports made clear how historic the coronavirus crunch has been for the economy.
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Wednesday related to the global economy, the work place and the spread of the virus.
WASHINGTON (AP) — The Federal Reserve is noting what most Americans are already acutely aware of: Economic activity contracted sharply and abruptly cross all regions of the country in recent weeks as the country locked down to combat the coronavirus pandemic.
WASHINGTON (AP) — The head of the International Monetary Fund said Wednesday that the lending agency is facing huge demand for support from its members during the global pandemic.
WASHINGTON (AP) — Government relief checks began arriving in Americans' bank accounts as the economic damage to the U.S. from the coronavirus piled up Wednesday and sluggish sales at reopened stores in Europe and China made it clear that business won't necessarily bounce right back when the crisis eases.
PARIS (AP) — Amazon said Wednesday it will "temporarily" suspend all activity in France, one day after a French court ruled it wasn't doing enough to protect its workers in the country amid the pandemic.
WASHINGTON (AP) — A government watchdog agency said Wednesday the Pentagon's process for awarding a highly lucrative cloud computing contract to Microsoft was in line with legal and government purchasing standards.
JOHANNESBURG (AP) — The world's richest countries agreed Wednesday to freeze poor nations' debt obligations, shortly after nearly 20 European and African leaders made a joint appeal for a massive international effort to boost Africa's coronavirus response, saying that "only a global victory that fully includes Africa can bring this pandemic to an end."
NEW YORK (AP) — A leap in U.S. unemployment has thrown a spotlight on one type of work in high demand during the coronavirus pandemic: Gig work delivering groceries, meals and packages.
WASHINGTON (AP) — U.S. retail sales plummeted 8.7% in March, an unprecedented decline, as the viral outbreak forced an almost complete lockdown of commerce nationwide.
WASHINGTON (AP) — American industry collapsed in March as the pandemic wreaked havoc on the U.S. economy. Manufacturing and overall industrial production posted the biggest declines since the United States demobilized after World War II.
NEW YORK (AP) — The major banks in the U.S. are anticipating a flood of loan defaults as households and business customers take a big financial hit from the coronavirus pandemic.
LONDON (AP) — Global demand for oil will fall this year by the most ever due to the economic lockdowns enforced around the world to contain the coronavirus pandemic, the International Energy Agency said Wednesday.
BRUSSELS (AP) — The European Union moved Wednesday to head off a chaotic and potentially disastrous easing of restrictions that are limiting the spread of the coronavirus, warning its 27 nations to move very cautiously as they return to normal life and base their actions on scientific advice.
WASHINGTON (AP) — President Donald Trump said Tuesday that he's enlisting advisers from nearly all sectors of American commerce, the medical field and elected office to help shape his plans to reopen the coronavirus-battered economy.
The nation's biggest airlines have tentatively agreed to terms for $25 billion in government aid to pay workers and avoid massive layoffs in an industry that has been slammed by the coronavirus pandemic.
MARSHFIELD, Vt. (AP) — This was supposed to be rebound year for dairy farmers embattled by at least four years of depressed milk prices — and then the coronavirus hit.
WASHINGTON (AP) — Setting the stage for a possible power struggle with President Donald Trump, governors around the U.S. began sketching out plans Tuesday to reopen their economies in a slow and methodical process so as to prevent the coronavirus from rebounding with tragic consequences.
NATIONAL/INTERNATIONAL POLITICS
DORAL, Fla. (AP) — The Trump golf resort in South Florida where President Donald Trump initially wanted to host this year's Group of Seven summit has temporarily laid off 560 workers.
WASHINGTON (AP) — President Donald Trump's name will be printed on the stimulus checks that the Internal Revenue Service will be sending to tens of millions of Americans around the country, in an unprecedented move finalized this week, two administration officials said Wednesday.
WASHINGTON (AP) — Elizabeth Warren endorsed Joe Biden on Wednesday, the latest of the former vice president's onetime White House rivals to back him as the Democratic Party moves to project unity against President Donald Trump going into the November election.
WASHINGTON (AP) — President Donald Trump said he's open to some states "reopening" before federal social distancing guidelines expire at the end of month, as he appeared to back off his claim of absolute authority to decide when the time was right to act.
TUESDAY, APRIL 14
REGION
BIRMINGHAM, Ala. (AP) — The death toll from a tornado outbreak that ravaged the South rose to at least 34 on Tuesday as Mississippi officials said a 12th person had died there.
COURTS
NASHVILLE (AP) — Tennessee abortion providers have filed an emergency motion in federal court, asking for an order allowing them to continue serving women despite Gov. Bill Lee's executive order aimed at slowing the spread of the coronavirus.
AUSTIN, Texas (AP) — A federal appeals court panel ruled that medication abortions, in which pills are taken to terminate a pregnancy, can be provided in Texas during the coronavirus pandemic.
VIRUS OUTBREAK
NASHVILLE (AP) — Tennessee corrections officials are looking into whether to test all state inmates for the new coronavirus after positive tests have come back for staffers and inmates, a Department of Correction spokeswoman said Tuesday.
WASHINGTON (AP) — Three potential COVID-19 vaccines are making fast progress in early-stage testing in volunteers in China and the U.S., but it's still a long road to prove if they'll really work.
WASHINGTON (AP) — Dr. Anthony Fauci, the government's top infectious disease expert, said Tuesday the U.S. does not yet have the critical testing and tracing procedures needed to begin reopening the nation's economy, adding a dose of caution to increasingly optimistic projections from the White House.
WASHINGTON (AP) — Setting the stage for a possible power struggle with President Donald Trump, governors around the U.S. began collaborating on plans Tuesday to reopen their economies in what is likely to be a drawn-out, step-by-step process to prevent the coronavirus from rebounding with disastrous results.
OMAHA, Neb. (AP) — Some massive meat processing plants have closed at least temporarily because their workers were sickened by the new coronavirus, raising concerns that there could soon be shortages of beef, pork and poultry in supermarkets.
WASHINGTON (AP) — The $2.2 trillion federal rescue package could fail to deliver badly needed financial aid to thousands of smaller cities and counties where a majority of Americans live, according to documents and interviews with local officials.
AUTO INDUSTRY
BEIJING (AP) — Renault SA said Tuesday it will shut down its main China business and focus on electric and commercial vehicles.
NATIONAL/INTERNATIONAL BUSINESS
Stocks are ending with solid gains on Wall Street Tuesday as the market turns its attention to how and when authorities may begin to lift business shutdowns and limits on people's movements imposed to slow the spread of the coronavirus.
WASHINGTON (AP) — Beaten down by the coronavirus outbreak, the world economy in 2020 will suffer its worst year since the Great Depression of the 1930s, the International Monetary Fund says in its latest forecast.
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Tuesday related to the global economy, the work place and the spread of the virus.
PARIS (AP) — A French court has ordered Amazon to stop selling, receiving or delivering non-essential goods for the next month to protect its employees from the virus.
NEW YORK (AP) — JPMorgan Chase said Tuesday that its first-quarter profit plunged nearly 70%, as the bank was forced to set aside billions of dollars to cover potential losses tied to the coronavirus pandemic.
WASHINGTON (AP) — President Donald Trump said Tuesday he's enlisting advisers from business, the medical field and elected office to join a new council that will help shape his plans to reopen the coronavirus-battered economy.
NEW YORK (AP) — As demand for fuel plummeted worldwide and the oil industry faced a devastating drop in oil prices, the U.S. took the rare move of stepping into negotiations involving the member countries of OPEC and non-members such as Russia and Mexico, an alliance called OPEC+.
DETROIT (AP) — Interstates and city streets are empty and cars are quarantined in their owners' garages, so consumer advocates argue that it only makes sense for auto insurance rates to reflect that.
Two McDonald's workers in Florida are filing a $500 million class action lawsuit against the company, claiming a "systemic sexual harassment problem" at company-owned stores.
NATIONAL/INTERNATIONAL POLITICS
WASHINGTON (AP) — The Senate on Tuesday joined the House in delaying its next meeting in Washington, citing the need to protect members from the coronavirus pandemic.
WASHINGTON (AP) — Former President Barack Obama endorsed Joe Biden on Tuesday, giving the presumptive Democratic presidential nominee a boost from the party's biggest fundraiser and one of its most popular figures.
WASHINGTON (AP) — President Donald Trump on Monday used the daily White House briefing to air a taxpayer-funded promotional video praising his own handling of the coronavirus outbreak and slamming his critics and the press.
WASHINGTON (AP) — Invoking the movie "Mutiny on the Bounty," President Donald Trump suggested Tuesday that objections by governors to his claim of absolute authority over when to lift guidelines aimed at fighting the coronavirus were tantamount to insurrection.
WASHINGTON (AP) — President Donald Trump has shown no reluctance to use his White House perch to commend and criticize governors over steps they've taken to try to slow the spread of the coronavirus. But one thing Trump can't do, despite his assertion to the contrary on Monday, is command them to ease restrictions they imposed because of the virus outbreak. The Constitution largely gives states the authority to regulate their own affairs.
MONDAY, APRIL 13
NASHVILLE AREA
MONTGOMERY, Ala. (AP) — Former NFL quarterback Tarvaris Jackson has died in a one-car crash outside Montgomery, authorities said Monday. He was 36.
REGION
CHATSWORTH, Ga. (AP) — Storms that killed more than 30 people in the Southeast, piling fresh misery atop a pandemic, spread across the eastern United States on Monday, leaving more than 1 million homes and businesses without power amid floods and mudslides.
Leaders of an East Tennessee State University project is asking local residents to document their experiences of living through the coronavirus pandemic.
COURTS
WASHINGTON (AP) — The Supreme Court said Monday it will hold arguments by teleconference in May in key cases, including President Donald Trump's bid to shield his tax and other financial records.
VIRUS OUTBREAK
NASHVILLE (AP) — Tennessee's "safer-at-home" order will be extended until the end of the month, with the goal of reopening the economy by May 1, Gov. Bill Lee announced Monday.
WASHINGTON (AP) — Rutgers University researchers have received U.S. government clearance for the first saliva test to help diagnose COVID-19, a new approach that could help expand testing options and reduce risks of infection for health care workers.
Scientists in Brazil have stopped part of a study of a malaria drug touted as a possible coronavirus treatment after heart rhythm problems developed in one-quarter of people given the higher of two doses being tested.
WASHINGTON (AP) — The Trump administration's unrelenting opposition to "Obamacare" could become an obstacle for millions of uninsured people in the coronavirus outbreak, as well as many who are losing coverage in the economic shutdown.
WASHINGTON (AP) — President Donald Trump asserted Monday that he is the ultimate decision-maker for determining how and when to reopen the coronavirus-stricken country, though it is unclear what authority he has to overrule the states.
WASHINGTON (AP) — A member of the crew of the coronavirus-infected USS Theodore Roosevelt died Monday of complications related to the disease, 11 days after the aircraft carrier's captain was fired for pressing his concern that the Navy had done too little to safeguard his crew. The sailor was the first active-duty military member to die of COVID-19.
WASHINGTON (AP) — Prisoner rights advocates accused the federal Bureau of Prisons of "slow walking" the release of inmates at a Louisiana lockup where the coronavirus has killed six prisoners and infected dozens of others.
WASHINGTON (AP) — The United States' top infectious disease expert said Sunday that the economy in parts of the country could have a "rolling reentry" as early as next month, provided health authorities can quickly identify and isolate people who will inevitably be infected with the coronavirus.
WASHINGTON (AP) — Social restrictions aimed at stopping the spread of the coronavirus could have saved lives if they'd been started earlier, and when they're eased new cases are certain to arise, said the nation's top infectious disease expert, Dr. Anthony Fauci, seeming to draw the ire of President Donald Trump.
NATIONAL/INTERNATIONAL BUSINESS
NEW YORK (AP) — The flow of money to small businesses under the government's $349 billion coronavirus relief plan is picking up momentum although many company owners are still waiting and wondering.
WASHINGTON (AP) — The sick who still go to work because they have no paid leave.
Stocks fell on Wall Street Monday, erasing some of the market's big gains from last week, as investors braced for a sobering first look at how the coronavirus pandemic has hurt company earnings.
Americans are beginning to see the first economic impact payments hit their bank accounts.
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Monday related to the global economy, the work place and the spread of the virus.
DENVER (AP) — Colorado has made online sales of recreational marijuana legal during the coronavirus pandemic, fulfilling one of the pot industry's biggest wishes and fueling its argument for more concessions that could be made permanent when the crisis eases.
MEXICO CITY (AP) — The new coronavirus pandemic could send economies tumbling by 4.6% this year across Latin America and the Caribbean, forcing governments to take ownership stakes in struggling major businesses, according to a World Bank report issued Sunday.
NEW YORK (AP) — Long before there was a global coronavirus pandemic, brick-and-mortar retailers struggled to get people to walk through their doors instead of shopping online.
NATIONAL/INTERNATIONAL POLITICS
WASHINGTON (AP) — Bernie Sanders endorsed Joe Biden's presidential campaign on Monday, encouraging his progressive supporters to rally behind the presumptive Democratic nominee in an urgent bid to defeat President Donald Trump.
WASHINGTON (AP) — President Donald Trump's reelection campaign is suing a Wisconsin TV station for running an anti-Trump commercial that pieces together audio clips of the president talking about the coronavirus outbreak in a way they argue is misleading and false.
WASHINGTON (AP) — A voter initiative led by Michelle Obama announced support Monday for making it easier for people to register to vote and cast ballots during the coronavirus pandemic.
WASHINGTON (AP) — Man bites watchdog. In firing one inspector general, sidelining another and assailing a third, President Donald Trump in recent days has put his aversion to agents of federal accountability on stark display in a country consumed by the coronavirus.
WASHINGTON (AP) — In 1992, Americans ousted an incumbent president in the middle of an economic downturn because his challenger, Bill Clinton, seemed to better feel their pain.
WASHINGTON (AP) — A former aide to Joe Biden is accusing the presumptive Democratic presidential nominee of sexually assaulting her during the early 1990s when he was a senator. Biden's campaign denies the charges.
FRIDAY, APRIL 10
REGION
CHATTANOOGA (AP) — The board of a federal utility is criticizing "ill-informed opinions" about how much their organization's top executive gets paid after President Donald Trump blasted the pay scale as "ridiculous."
PREDATORS
Tired of sitting around the house and watching reruns on television every day?
AUTO INDUSTRY
TOKYO (AP) — Toyota Chief Executive Akio Toyoda promised Friday that the Japanese auto industry would seek to protect jobs worldwide as it endures the coronavirus pandemic.
TECHNOLOGY
Apple and Google launched a major joint effort to leverage smartphone technology to contain the COVID-19 pandemic.
VIRUS OUTBREAK
WASHINGTON (AP) — U.S. health officials are warning conspiracy theorist and radio host Alex Jones to stop pitching bogus remedies for the coronavirus.
WASHINGTON (AP) — President George W. Bush turned to one of the world's most exclusive clubs for help raising money after an Indian Ocean tsunami killed more than 200,000 people in 2004.
WASHINGTON — The top U.S. infectious disease official says coronavirus antibody tests are just days away.
WASHINGTON (AP) — Hospitals taking money from the $2 trillion stimulus bill will have to agree not to send "surprise" medical bills to patients treated for COVID-19, the White House said Thursday.
NATIONAL/INTERNATIONAL BUSINESS
WASHINGTON (AP) — The federal government's budget deficit for the first half of this budget year totaled $743.6 billion, up 7.6% from last year, and well on its way to topping $1 trillion even before the impacts of the coronavirus were felt.
WASHINGTON (AP) — Top Senate Democrat Chuck Schumer says the Trump administration has agreed to pursue bipartisan House-Senate talks on an interim bill to replenish a $350 billion "paycheck protection" program for businesses that Treasury fears is being rapidly depleted.
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the global economy, the work place and the spread of the virus.
DUBAI, United Arab Emirates (AP) — The OPEC oil cartel and nations including Russia have agreed to boost oil prices by cutting as much as 10 million barrels a day in production, or a tenth of global supply. More countries, including the United States, were discussing Friday their own cuts in what would be an unprecedented global pact to stabilize the market.
WASHINGTON (AP) — Consumer prices fell 0.4% in March, the largest decline in five years, revealing the downward pressure that the coronavirus pandemic is exerting on the cost of gasoline, airfares, hotel rooms and other goods and services.
BRUSSELS (AP) — Faced with a mounting coronavirus death toll and the prospect of a deep recession, European finance ministers have backed a major half-trillion-euro (about $550 billion) rescue package.
WASHINGTON (AP) — The Senate has twisted itself into knots over President Donald Trump's new coronavirus aid request, as Democrats refused to rubber stamp his proposal for $250 billion more to boost small businesses, demanding modifications along with an additional $250 billion for health care providers and states. Republicans wouldn't go along.
UNITED NATIONS (AP) — More than 60 U.N. agencies and international organizations urged governments on Thursday to take immediate steps to address the unfolding global recession and financial crisis wrought by the coronavirus pandemic, especially in the world's poorest countries.
NATIONAL/INTERNATIONAL POLITICS
WASHINGTON (AP) — Democrats want to bolster mail-in voting and take other steps to make balloting easier this November in the next round of congressional efforts to revive the economy and battle the coronavirus pandemic, House Speaker Nancy Pelosi said.
WASHINGTON (AP) — Attorney General William Barr believes the Russia investigation that shadowed President Donald Trump for the first two years of his administration was started without any basis and amounted to an effort to "sabotage the presidency," he said in an interview with Fox News Channel that aired Thursday.
THURSDAY, APRIL 9
SPORTS
NASHVILLE (AP) — Tennessee State has a new athletic director, Mikki Allen, Tennessee's assistant athletic director.
REGION
LOUISVILLE, Ky. (AP) — President Donald Trump took a swipe at the compensation of the Tennessee Valley Authority's president during his daily coronavirus briefing Wednesday, suggesting the executive's pay was too high.
MEMPHIS (AP) — The Tennessee Democratic Party voted to remove a state representative from the party's primary ballot over allegations that he had Republican donor financing and voted contrary to the party.
VIRUS OUTBREAK
JOHANNESBURG (AP) — The callers were in tears. One by one, women in homes across rural Zimbabwe had a pleading question: When would family planning services return?
WASHINGTON (AP) — Pentagon leaders anticipate that the coronavirus is likely to strike more Navy ships at sea after an outbreak aboard an aircraft carrier in the Pacific infected more than 400 sailors, a top general said Thursday.
REAL ESTATE
BOSTON (AP) — When Rebeka McBride and her husband put their home in Washington state on the market in early March, the coronavirus outbreak was just taking hold in the United States. They managed to hold two open houses and a smattering of private viewings before accepting an offer.
NATIONAL/INTERNATIONAL BUSINESS
NEW YORK (AP) — Wall Street closed out its best week in 45 years on Thursday after the Federal Reserve launched its latest titanic effort to support the economy through the coronavirus outbreak.
WASHINGTON (AP) — With a startling 6.6 million people seeking jobless benefits last week, the United States has reached a grim landmark: More than one in 10 workers have lost their jobs in just the past three weeks to the coronavirus outbreak.
WASHINGTON (AP) — The Federal Reserve is taking additional steps to provide up to $2.3 trillion in loans to support the economy. The money will target American households and businesses, as well as local governments besieged by the coronavirus outbreak.
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to the global economy, the work place and the spread of the virus.
WASHINGTON (AP) — After Rich Cruse saw about $3,000 in income for his photography business quickly disappear to the coronavirus, he tried to apply for unemployment benefits in California. But like many states, his isn't yet accepting claims from the self-employed like him.
ANCHORAGE, Alaska (AP) — An oil exploration firm has discovered a deposit of potentially 1.8 billion barrels in Alaska's North Slope region south of Prudhoe Bay, the company said.
NEW YORK (AP) — Speed is of the essence if a federal relief program for small businesses is going to be effective in combating the damage wrought by the coronavirus lockdowns.
The number of Americans getting on airplanes has sunk to a level not seen in more than 60 years as people shelter in their homes to avoid catching or spreading the new coronavirus.
What does toilet paper have to do with a global pandemic?
BALTIMORE (AP) — President Donald Trump has been telling voters that the U.S. economy will leap back to life "like a rocket," stronger than ever after its bout with the coronavirus.
MOSCOW (AP) — Oil-producing countries including those of the OPEC cartel and Russia are trying to strike a global deal to pump less crude in a bid to limit a crash in prices that, while welcome for consumers, has been straining government budgets and pushed energy companies toward bankruptcy.
LONDON (AP) — Around half a billion people could be pushed into poverty as a result of the economic fallout from the coronavirus pandemic unless richer countries take "urgent action" to help developing nations, a leading aid organization warned Thursday.
WASHINGTON (AP) — The coronavirus pandemic will push the global economy into the deepest recession since the Great Depression, with the world's poorest countries suffering the most, the head of the International Monetary Fund said Thursday.
NATIONAL/INTERNATIONAL POLITICS
WASHINGTON (AP) — Joe Biden on Thursday unveiled plans to expand eligibility for Medicare and forgive college debt for millions of Americans, as the former vice president begins courting progressives who lost their leader when Bernie Sanders left the presidential race.