U.S. government debt prices were slightly higher Tuesday morning as investors monitored another plunge in oil prices and the possibility of economies reopening following coronavirus-induced shutdowns.
Home prices were not only gaining in February, the gains were increasing steadily. The expectation, however, is that price gains will weaken and potentially fall in some of the markets hardest hit by the coronavirus.
It estimates it can potentially produce "millions" of coronavirus vaccine doses by the end of this year and "hundreds of millions of doses" in 2021 if the vaccine is successful.
The Trump "blueprint" is designed to help governors deploy coronavirus testing programs. But states say they can't bear the burden of testing without a lot more federal help.
Boeing is planning to resume production of 787 Dreamliners at its South Carolina factory early next month after a nearly monthlong closure because of the coronavirus.
Tyson Foods expects that millions of pounds of meat will disappear from the food supply as the company temporarily shutters beef, pork and chicken plants due to local coronavirus outbreaks.
After asking workers back to its U.S. car plant this week, Tesla canceled its plans and California authorities extended health orders which limit the car maker to "minimum basic operations" there.
Hot dog and restaurant company Nathan's Famous said it received a $1.2 million loan under the Paycheck Protection Program (PPP), according to an SEC filing. In the wake of new federal guidance for the federal program, the company says it will return the money.
More than 1.9 million unemployment claims have been filed in Texas since the outbreak began and the state has paid out more than $2 billion, Abbott said.
The news conference, to be held in the Rose Garden, appears to replace the daily coronavirus task force briefing, which had been scheduled for the same time Monday. Trump has been the subject of criticism for his dangerous speculation about whether injecting disinfectants can help to treat Covid-19.
The central bank said the facility now will buy debt from counties and states with populations of at least 500,000 and cities with 250,000 residents or more.
Trump may soon take a step back from the daily White House press briefings, which have put a spotlight on his response efforts for an audience of millions of viewers.
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