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The OMB request is separate from existing funding plans that could total more than $1 trillion as officials at every level of government work to contain the contagion.

Honda North America announced it will be closing four U.S.-based plants starting March 23 due to an anticipated decline in market demand related to the coronavirus.

Longtime hedge fund manager Bill Ackman advised President Donald Trump on efforts to protect Americans and the U.S. economy.

U.S. debt yields leaped as investors sold 10- and 30-year bonds amid talk of a potential $1 trillion stimulus package.

The two say the Fed should look for more authority that would give it the power to purchase corporate bonds on top of the Treasurys and mortgage-backed securities it already plans to buy.

As schools and day cares close across the U.S., many families find themselves in the challenging position of juggling work and childcare at home. Here's how to cope.

U.S. Treasury Secretary Steven Mnuchin warned Republican senators that the country's unemployment rate could hit 20% if they failed to act on a proposed coronavirus rescue package and there was lasting economic damage, a person familiar with the closed-door meeting said.

Remote health services are poised to explode as more patients than ever seek virtual care, but some hurdles remain.

Some of the biggest policy proposals so far include an announcement from Treasury Secretary Steve Mnuchin that the government is looking at mailing Americans cash assistance and legislation passed by the House of Representatives that provides paid sick leave to some American workers this year.

The stocks making the biggest moves in premarket trading include Boeing, Tesla, FedEx, Target, Amazon, and more.

U.S. stock futures hit their 5% "limit down" levels Wednesday after Wall Street rebounded from its worst day in more than three decades.

As of now, China accounts for less than 50% of the total number of cases confirmed globally as other countries have seen a sharp spike in infections in recent weeks.

The air traffic control tower at Chicago's Midway International Airport was closed Tuesday after several employees tested positive for coronavirus.

A spike in interest rates abruptly ended the refinance boom, pushing mortgage application volume down 8.4%, the Mortgage Bankers Association said.

Joe Biden was headed for a blowout over Sen. Bernie Sanders in the 2020 Florida Democratic primary as he tries to seal the nomination. He was also projected to win Illinois and Arizona.

Small caps are trading at their lowest levels since mid-2016, and the selling pressure might not be over. Mark Tepper of Strategic Wealth Partners explains.

One employee said that many Tesla colleagues had decided to take voluntary, unpaid leave and those who were left to work at the factory were now doing the jobs of two or three people at once.

U.S. package delivery company FedEx suspended its 2020 profit outlook on Tuesday, citing the "significant impact" of the coronavirus, and said it would cut costs due to the uncertainty wrought by the pandemic.

With a big leap forward, the former vice president is now in his best position yet to win the Democratic nomination.

Pope Francis has advised Italians to try to make the most of the coronavirus crisis by re-discovering the joy of family, as the country struggles to cope with its acute outbreak.