Pelosi anticipates reaching relief deal, says Trump diagnosis ‘changes the dynamic’
The pace of talks between Democrats and Republicans—and the possibility of a new pandemic relief package—have picked up markedly since Thursday.
The pace of talks between Democrats and Republicans—and the possibility of a new pandemic relief package—have picked up markedly since Thursday.
House Democrats on Friday proposed a new $28.8 billion bailout for the airline industry after the carriers began furloughs of more than 32,000 workers to cut costs during a pandemic that has devastated air travel.
Earlier this week, Rev. John Jenkins apologized for not wearing a mask during Saturday’s Rose Garden ceremony for Judge Amy Coney Barrett.
Many White House and senior administration officials were undergoing tests Friday, but the full scale of the outbreak around the president might not be known for some time as it can take days for an infection to be detectable by a test.
Also stirring up the market’s movements Friday was the latest report on U.S. jobs growth, in which employers added fewer jobs last month than economists expected.
The Indiana State Department of Health on Friday reported 13 more deaths from COVID-19, the fifth day in a row that deaths have been in double digits.
At 74, the U.S. president is the oldest head of state to become infected with the virus, and his age puts him at higher risk of serious complications from COVID-19.
President Donald Trump’s positive test comes just hours after the White House announced that senior aide Hope Hicks came down with the virus after traveling with the president several times this week.
The online retail behemoth, revealing the data for the first time, said that the infection rate of its employees was well below that seen in the general U.S. population.
The legislation, which passed 214-207, has no chance of advancing. But negotiations between House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin are continuing behind the scenes.
Hicks, a close adviser to President Donald Trump, traveled with him several times this week aboard Air Force One. Trump said he and first lady Melania Trump were tested after they learned about Hicks and were awaiting the results.
Big swings have become typical recently, as investors handicap the chances of a deal on Capitol Hill to send more cash to Americans, restore jobless benefits for laid-off workers and deliver assistance to airlines and other industries.
A similar process was used to issue an approval for remdesivir, one of the only licensed drugs to treat COVID-19. That approval was issued in just over one month, while the standard process can take nearly seven months.
H&M is making its biggest retrenchment ever as the pandemic exacerbates its record inventory buildup. The retailer said Thursday it plans to permanently shut 250 stores on a net basis in 2021 after eliminating 50 this year.
In Indiana, more than 112,000 households are behind 120 days or more on their power bills, a Washington Post analysis of the largest local energy companies’ records found.
The White House is backing a $400 per week pandemic jobless benefit and is dangling the possibility of a COVID-19 relief bill of $1.6 trillion.
The Indiana State Department of Health on Thursday reported the testing of 8,483 more unique individuals, the sixth time in eight days that testing has topped 8,000.
Economists fear that without further government support, consumer spending will slow significantly in the final three months of this year.
A record number of flu vaccine doses are on the way, between 194 million and 198 million for the United States alone.
Fewer Americans than expected sought unemployment benefits last week. The latest claims numbers reflect gradual labor-market improvement but remain well above pre-virus levels.