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    WHO holds a press briefing on the coronavirus pandemic

    [The stream is slated to start at 11 a.m. ET. Please refresh the page if you do not see a player above at that time.] The World Health Organization is holding a briefing Friday on the coronavirus pandemic, which has infected more than 5.8 million people worldwide and killed at least 360,800, according to data […] More

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    What negative interest rates would mean for your wallet

    It’s hard to imagine being paid to borrow money or penalized for saving. But the economic shock from Covid-19 may call for drastic measures. Up until this point, the Federal Reserve has never brought its benchmark rate into negative territory and, according to Federal Reserve Chairman Jerome Powell, the Fed is not considering going to negative interest rates now.  “The […] More

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    Federal student loan rates hit record lows

    For years, student loan borrowers have suffered under the weight of excessive debt and interest. That’s about to change.   Amid the economic shock from the coronavirus outbreak, the yield on the 10-year Treasury note, which is a barometer for student loans and other borrowing rates, has plummeted.  The U.S. Treasury Department’s auction of 10-year notes on Tuesday had a high […] More

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    She’s waited over 50 days for her unemployment check

    Sandi Bochum Source: Donna Aceto Eight weeks after Sandi Bochum applied for unemployment benefits in New York, she’s still waiting for a check.  The 75-year-old video journalist’s income has dried up, thanks to the coronavirus pandemic, which has prevented her from getting on the subway or an airplane to shoot events.  “I’m completely paralyzed,” said Bochum, […] More

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    Florida unemployment benefits delayed as residents face eviction

    Normally bustling Lincoln Road Mall in Miami Beach, Florida, is seen nearly empty on May 8, with most businesses closed due efforts to contain Covid-19. Joe Raedle/Getty Images Florida residents are growing increasingly frustrated by the state’s lag in paying unemployment benefits — a drama unfolding as home and rental evictions may soon begin anew. States […] More

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    Amid the coronavirus, consumer loans are in short supply

    With more than 30 million people out of work and a growing number of Americans feeling severely cash-strapped, loans are a lifeline. If you can get one. Despite rock-bottom interest rates, banks are tightening lending standards across the board, shrinking the availability of credit. “If you can get a loan, then the price of it is going […] More

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    ‘Second Depression’ if we’re still in lockdown in a year

    Billionaire hedge fund investor Paul Tudor Jones said Monday the economy would be in a “Second Depression” if the coronavirus pandemic doesn’t get contained in a year. “Just depends on whether unfortunately this goes to a year with this kind of a lockdown,” Jones said on CNBC’s Squawk Box on Monday. The Great Depression from 1929 to 1939 was the worst […] More

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