Malaysia Cuts Interest Rates Again As COVID-19 Hurts Economic Growth

Malaysia’s central bank slashed its interest rate by 25 basis points for a second policy session in a row, as it expects growth to be hurt by the COVID-19 outbreak. The Bank Negara Malaysia cut the overnight policy rate to 2.50 percent from 2.75 percent, on Tuesday. The decision was in line with economists’ expectations. […]

Warren unveils plan to combat coronavirus, with $400B fiscal stimulus package

Will coronavirus be an issue in the 2020 presidential election? 2016 Bernie Sanders campaign staffer Tezlyn Figaro discusses the impact coronavirus will have on the 2020 presidential election. Elizabeth Warren unveiled a detailed plan Monday for federal action to address the deadly coronavirus outbreak, including a call for a $400 billion fiscal stimulus package to protect […]

Congress questions validity of coronavirus testing timeline

US making advancements every day to combat coronavirus: HHS secretary United States Secretary of Health and Human Services Alex Azar says the mechanical issue in the initial test kits was fixed. WASHINGTON (AP) — Lawmakers on Tuesday expressed skepticism that U.S. health officials will be able to meet their goal of significantly ramping up testing […]

Sanders raises record-shattering $46M in February

Can Joe Biden catch up to Bernie Sanders? Democratic strategist and Celtic Strategies, LLC co-founder Kevin Walling, comedian Don Jamieson and Ackman-Ziff managing director Jason Meister share their thoughts on 2020 Democrat candidates. Vermont Sen. Bernie Sanders raised a record-shattering $46 million in February, his campaign announced, marking his highest monthly total since he entered […]

Forget the share crash: Investing is a long-term game

It’s been a horrendous week for shares, so of course I’ve received a plethora of emails asking if now is the time to sell – or the time to buy. Unfortunately, I was not born with the gift of prophecy, so all I can do is fall back on the basic investment principles that have […]

Lawmakers close in on coronavirus $7.5B measure

Coronavirus funding to be signed into law soon: House Problem Solvers Caucus Members of the House Problem Solvers Caucus discuss the government’s response to the coronavirus outbreak. WASHINGTON (AP) — Lawmakers are finalizing a $7.5 billion emergency bill to fund the government's response to the coronavirus outbreak, in a burst of bipartisan cooperation that's atypical of […]

The North Face gift isn’t worth the card it’s written on

Last August I was given a £100 gift card from The North Face by a relative who had bought it in the Leicester store. I live in London. She saw there were many stores on its website in London, and that it was also valid online. I finally got round to using it in January, […]

India’s manufacturing PMI goes down in Feb as coronavirus outbreak hits business

This is the 31st consecutive month that the manufacturing PMI has remained above the 50-point mark. The country’s manufacturing sector activity eased in February from a near eight-year high in the previous month and business sentiment took a hit amid impact of coronavirus outbreak on exports and supply chains, a monthly survey said on March […]

Goldman economists expect Fed to cut rates soon to head off impact of outbreak

There is growing consensus that the world’s central banks, including the U.S. Federal Reserve, will soon take policy action to avert a financial meltdown due to the coronavirus outbreak. Goldman Sachs Group Inc. GS, -1.80%  economists on Sunday predicted the Fed would cut rates, possibly before its next meeting, scheduled for March 16-17. In a […]

Coronavirus taking a toll on Chinese restaurants in New York

Even the Big Apple’s most beloved Chinese restaurants are in critical condition as the coronavirus keeps customers at bay. Restaurant owners, the people who work for them and city lawmakers say business at Chinese-owned establishments has plummeted by as much as 60 percent as the global pandemic spreads. Some restaurants in Queens have closed, possibly […]