U.S. coronavirus fatality rate could be lower than global rate so far
Evidence is mounting that the disease is most likely to result in serious illness or death among the elderly and people with existing health problems.
The Washington Post
Articles
Mortgage brokers hiring like mad to handle demand as rates plunge
Executives at four of the nation’s 15 biggest mortgage lenders, already gearing up for a busy 2020, anticipate hiring thousands of employees this year to keep up with what they expect to be a flood of demand.
U.S. markets post big gains as Biden’s rebound offers coronavirus respite
U.S. stock markets surged Wednesday after Joe Biden’s Super Tuesday performance made a victory by Sen. Bernie Sanders less likely. Health care stocks soared.
U.S. stocks surge on hopes that central banks will address coronavirus fallout
Coming off Wall Street’s worst week since the 2008 financial crisis, the Dow Jones industrial average rose nearly 1,300 points, closing up 5.1%, its largest percentage gain since March 2009.
How will the coronavirus outbreak play out? Here’s what happened with similar epidemics
No one is certain about the possible ramifications of the current coronavirus, but virologists say there are clues from other similar outbreaks in the recent past.
Fed ready to cut rates despite doubts that it can offset coronavirus effect
In question is how much effect rate cuts will actually have amid a health emergency that threatens to reduce both supply and demand in the economy.
Buttigieg dropping out of presidential race
Pete Buttigieg, the 38-year-old former mayor of South Bend who saw a meteoric rise from virtual unknown to top-tier contender and became the first gay candidate to make a high-profile presidential run, is ending his campaign.
Dow plunges 4.4%, as potential coronavirus cases in California escalate anxiety
The three major U.S. stock indexes now are in correction territory, a 10% reversal from recent highs.
Morgan Stanley to buy E-Trade for $13 billion
The biggest takeover by a major U.S. bank since the 2008 financial crisis combines Morgan Stanley’s prowess and client-facing resources with E-Trade’s more than 5 million customers.
Bloomberg assailed as candidates go on the attack
Former New York mayor Mike Bloomberg suffered a punishing welcome and Sen. Bernie Sanders was bludgeoned with criticism as an animated cast of rival candidates spent Wednesday’s presidential debate scrambling to stake their claims against the two rising contenders in the Democratic race.
NFL plans to expand playoffs to 14 teams, add 17th game to season
While the 17-game season would not take effect immediately, the league and owners would plan for the expanded playoffs to be implemented in the 2020 season, according to people familiar with deliberations on a new collective bargaining agreement.
Sprint, T-Mobile merger gets judge’s OK, ushering in new era of telecom behemoths
A federal judge has ruled in favor of Sprint and T-Mobile’s $26 billion merger, dismissing anti-competitive concerns and clearing the way for a deal that would create the nation’s third-largest wireless carrier.
Corteva Agriscience to stop making pesticide linked to brain damage
The main manufacturer of a pesticide used for decades on a wide array of crops, including strawberries, corn and citrus, said Thursday it will stop making the product, which some activists have said is linked to neurological problems in children.
Justices let Trump’s ‘wealth test’ for immigrants proceed
The Supreme Court on Monday allowed the Trump administration to begin implementing new “wealth test” rules making it easier to deny immigrants residency or admission to the United States because they have used or might use public-assistance programs.
Feds say local gaming company conspired with GOP strategist to make illegal contributions
A Republican strategist who pleaded guilty to conspiracy Thursday said in court that at least eight people were used as conduits for illegal corporate donations from an Indianapolis gaming company to former Indiana Sen. Brent Waltz when he ran for U.S. Congress in 2016.
Boeing’s new CEO takes reins with company integrity in doubt
Dave Calhoun, who officially took charge Monday, pushed to release humiliating internal messages last week even though they may darken public perception for years to come.
Conservative economists: Tax cuts didn’t trickle down
Several conservative economists now say the law so far has fallen short of its central promise to spread prosperity broadly.
Expect department stores, apparel retailers to continue to retrench in 2020
More than 7,600 stores closed this year through October, a record for that point in the year, according to Credit Suisse. And the outlook for 2020 doesn’t look any brighter.
Buttigieg no longer boasting he helped McKinsey ‘turn around’ Fortune 500 companies
When he first pursued public office, Pete Buttigieg emphasized his McKinsey experience, claiming he was “part of billion-dollar decisions made by Fortune 500 companies.”
Buttigieg health plan hinges on ‘supercharged’ version of Obamacare mandate, critic says
Democratic presidential hopeful Pete Buttigieg sells his health-care plan as a moderate alternative to “Medicare-for-all”—offering a government-sponsored plan to those who want it while letting others keep their private and employer-sponsored insurance.