ECONOMY

U.S. Secretary of Education Betsy DeVos also announced the Department of Education would refund about $1.8 billion to the more than 830,000 borrowers who were in the process of having money withheld.

Education Dept. Will Stop Collections On Student Borrowers In Default

2:29pm March 25, 2020

by Elissa Nadworny

Those who have defaulted on their federal student loans will get a temporary reprieve from having their wages, Social Security benefits and tax refunds garnished by the federal government.

After Days Of Negotiations, Deal Reached On Emergency Aid Measure

1:41pm March 25, 2020

by Claudia Grisales

The Senate and White House worked through an agreement on a $2 trillion coronavirus stimulus package early Wednesday morning. The agreement means Congress could be close to passing a deal.

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White House, Senate Agree To Historic Deal On Coronavirus Rescue Measure

12:14pm March 25, 2020

NPR's Noel King talks to David Wessel of the Hutchins Center at the Brookings Institute about the agreement announced early Wednesday morning on the massive emergency relief package.

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Senate Majority Leader Mitch McConnell of Kentucky walks to the Senate chamber on Capitol Hill in Washington, D.C., on Tuesday.

White House, Senate Agree To $2 Trillion Coronavirus Rescue Package

9:02am March 25, 2020

by Scott Neuman

The deal means Congress could be close to passing a deal, and it comes after House Speaker Nancy Pelosi said Republicans and Democrats had closed the gap on their differences.

News Brief: Aid Package, Reopening America, Sen. Burr's Stock Sale

6:16am March 25, 2020

The White House and Senate reach a deal on economic stimulus. The president criticized for aiming to re-open the U.S. next month. And, Sen. Burr sued for improperly profiting from insider knowledge.

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Coronavirus Updates: Trump Administration Evaluates Lifting Restrictions

9:00pm March 24, 2020

NPR White House, economic and global health correspondents relay the latest developments and scientific findings in the United States response to the coronavirus pandemic.

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Economists say helping the health care sector, including through emergency financing to states and cities, is one of the steps urgently needed to weather the coronavirus crisis.

How To Avert Economic Catastrophe: Ideas From 5 Top Economists

6:52pm March 24, 2020

by Uri Berliner

Avoid layoffs at any cost. Set up emergency financing for states and cities to help health systems. Cut regulations to speed medical response. Those are some recommendations from leading economists.

The stock market has been battered by the growing economic effects of the coronavirus pandemic.

Economy

Dow Jumps A Record 2,100 Points As Stimulus Deal Awaited

4:17pm March 24, 2020

by Avie Schneider

U.S. stock indexes surged as negotiations continued over a massive stimulus package to help the crippled economy deal with the growing effects of the coronavirus pandemic.

The Coronavirus Pandemic Hurts Some Industries, Benefits Others

2:14pm March 24, 2020

by Alina Selyukh

At a time when millions of Americans are losing jobs at eat-in restaurants, hotels and airlines, a few industries are on a hiring spree. Those jobs are in retail, health care and food delivery.

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Robert Smith playing the part of JP Morgan calls in the prominent bankers of the day to help solve the financial panic of 1907.

Economy

What The Fed Was Designed To Do

9:15am March 24, 2020

by Bronson Arcuri

The Federal Reserve is designed to deal with financial panics because it was created by one.