Goldman Sachs this morning plans to announce a $300 million effort to aid small businesses and communities suffering through the coronavirus crisis
for critical COVID-19 news, updates and analysis. POLITICO’s deep health care team joins forces with other experts across our global newsroom to provide a critical distillation of the impact of the coronavirus on global health, industries and politics.Jobless claims at 8:30 a.m. expected to rise to 3.5M from 3.3M but could go significantly higher …— Via Morning Consult: “Consumer confidence has fallen by 36% on average over the past five recessions, going back to 1980.
“Given that we believe we are in or rapidly heading towards a recession, we expect another 12 point fall in confidence and for that fall to be sustained for at least an entire month. If policymakers are unable to mitigate the spillover effects of the economic shutdown, the fall in confidence could increase to 56%, which corresponds to the decrease felt during the Great Recession.
“[E]ven after the virus is tamed ... the world that emerges is likely to be choked with trouble, challenging the recovery. Mass joblessness exacts societal costs. Widespread bankruptcy could leave industry in a weakened state, depleted of investment and innovation. Households may remain agitated and risk averse.”— Our Matt Dixon: “Florida Gov. Ron DeSantis … issued a statewide state-at-home order amid growing national scrutiny of his handling of the coronavirus pandemic.
“DeSantis said he made the decision after … Trump on Tuesday announced the extension of federal guidelines urging Americans to avoid travel and practice social distancing until April 30.”— South China Morning Post’s Guo Rui and Echo Xie: “Henan province in central China has taken the drastic measure of putting a mid-sized county in total lockdown as authorities try to fend off a second coronavirus wave in the midst of a push to revive the economy.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
10-year holds below 0.6% as investors brace for more harrowing jobs dataU.S. government debt prices were higher Thursday morning following Wall Street's rocky start to the second quarter as the coronavirus crisis deepened.
Leer más »
Dollar rallies as investors brace for global downturnThe dollar gained broadly against riskier currencies on Wednesday, with markets staring at what is likely to be one of the worst economic contractions for decades as the world locks down to fight the coronavirus pandemic.
Leer más »
Risk currencies ease, yen firms as investors brace for global downturnRisk currencies looked fragile and the yen firmed on Wednesday, the first day of a quarter that looks set to see the worst economic contractions for decades in many countries as they scramble to tackle the coronavirus epidemic.
Leer más »
Japanese carmakers brace for US sales shock as coronavirus hits consumersMajor automakers are due to report U.S. sales this week, giving investors a better grasp of the damage from coronavirus containment measures, which have shut both dealerships and factories across the country.
Leer más »
China's ports brace for second hit as virus spread wipes out exportsChina's ports and shipping firms are bracing for a second wave of supply chain disruptions that may be deeper and more prolonged than during the country's coronavirus lockdown as the global spread of the virus chokes off international demand.
Leer más »
U.S. small businesses wait impatiently for government aid that could be slow to comeAs soon as New York officials began detailing their response to the coronavirus, Matt Preis knew his staff might be in trouble.
Leer más »