ECONOMY

Jason Furman, a former economic adviser to President Barack Obama, has proposed a coronavirus stimulus package of $1,000 for most American adults, plus $500 for each of their kids.

The Debate Over Money For Everybody

6:30am March 24, 2020

by Greg Rosalsky

The economic case for giving away hundreds of billions of dollars.

The Best Practices On Bailouts, As Congress Debates Coronavirus Stimulus

9:52pm March 23, 2020

Congress is working on a coronavirus stimulus package of over $1 trillion. Karen Dynan, former chief economist for the Department of the Treasury, talks with NPR's Ailsa Chang on how to get it right.

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COVID-19 Updates: Federal Reserve Acts, Deal Eludes Congress, Trump Speaks

8:32pm March 23, 2020

Economics, politics and science correspondents round up new developments in the federal response to the coronavirus crisis, including President Trump's comments during an afternoon press conference.

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Bailouts stir up images of businesses acting recklessly, enriching themselves, and then asking the government for money. That's not the case this time.

Let's Not Call It A Bailout; Businesses Didn't Cause The Coronavirus

5:40pm March 23, 2020

by Pallavi Gogoi

Bailouts stir up images of businesses acting recklessly, enriching themselves, and then asking the government for money. That's not the case this time.

Stocks fell again Monday as U.S. lawmakers continued to work on a massive stimulus measure. The floor of the New York Stock Exchange was closed as the exchange shifted to all-electronic trading amid the coronavirus outbreak.

Economy

Stocks Fall Even After The Fed's Latest Move

4:10pm March 23, 2020

by Avie Schneider

The Dow Jones Industrial Average and other U.S. stock indexes fell again Monday as central bankers and lawmakers struggled to deal with the coronavirus pandemic's economic damage.

The Federal Reserve says "it has become clear that our economy will face severe disruptions" because of the coronavirus pandemic. Here, Chairman Jerome Powell is seen as the Fed cut interest rates earlier this month.

Economy

Federal Reserve Unveils 'Extensive New Measures' To Bolster U.S. Economy

10:54am March 23, 2020

by Bill Chappell

Seven U.S. states are now reporting 1,000 or more cases of COVID-19, and experts believe the number of infected people will rise further as testing becomes more available.

Economy

Federal Reserve Announces Plan To Boost U.S. Economy

9:56am March 23, 2020

The Federal Reserve on Monday announced several policies designed to strengthen markets during the coronavirus crisis. Still, stocks are down, minutes after the opening bell.

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In this image from video, Sen. Rand Paul, R-Ky., speaks on the Senate floor at the U.S. Capitol in Washington, D.C., on Wednesday. Paul announced Sunday that he had tested positive for the novel coronavirus.

3 GOP Senators In Self-Quarantine Will Be Unable To Vote On Coronavirus Relief

9:02am March 23, 2020

by Scott Neuman

After a positive coronavirus test for Sen. Rand Paul, Sens. Mitt Romney and Mike Lee, who said they had recent contact with Paul but showed no symptoms, voluntarily self-quarantine.

Coronavirus Aid Package Is In Turmoil In The Senate

8:06am March 23, 2020

by Susan Davis

The future of a coronavirus aid package that's likely to top $1 trillion is in limbo following the failure of a necessary procedural vote in the Senate. Senators aim to vote again Monday.

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News Brief: Stimulus Measure, Coronavirus Facts, N.Y. COVID-19 Cases

5:35am March 23, 2020

Senate Democrats on Sunday block a $1.8 trillion stimulus bill from moving forward. China and the U.S. spar over coronavirus facts. And, New York state is now the epicenter of COVID-19.

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