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S&P 500 plunges 7% in minutes, trading halted marketwide as financial contagion worsens
The US stock market plunged as much as 7% immediately after regular trading began on Monday, prompting the first halt since the depths of the financial crisis in December 2008. The losses came amid a raging global oil-price war and continued fallout from the coronavirus outbreak. All three major US indexes tanked as investors mulled…
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Trump signs $8.3B coronavirus spending bill: ‘It’s an unforeseen problem’
President Trump signed an $8.3 billion spending bill Friday aimed at fighting the coronavirus outbreak, the culmination of a bipartisan effort by Congress and the White House to provide funds to federal agencies, as well as state and local governments, to battle the disease. “We’re doing well, but it’s an unforeseen problem,” the president said as he signed the legislation in the…
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Washington state says coronavirus death toll rises to 6
Health officials in Washington state announced four additional deaths among coronavirus patients on Monday, bringing the total number of fatalities to six. Two of the patients were considered “new” cases of COVID-19, while a third death involved a patient who was previously confirmed to have the virus. 2 QUARANTINED OVER CORONAVIRUS AT NEBRASKA MEDICAL CENTER ARE RELEASED Moments after King…
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Second man in King County with coronavirus dies
Public Health – Seattle & King County confirmed Sunday the second coronavirus-related death in the United States, a man in his 70s, in Kirkland. Here’s what we know now: Both men who died had underlying health conditions. The first man who died had no travel history, health officials said. Gov. Jay Inslee declared a state…
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Growing Calls for US Intelligence to Clear Up Russian Meddling Allegations
FILE – President Donald Trump listens to a question from a reporter, in the Oval Office of the White House, in Washington, February 12, 2020 WASHINGTON – Pressure appears to be building on the White House and U.S. intelligence agencies to declassify some information and brief the public on possible Russian attempts to meddle in…
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US braces for coronavirus spread as outbreaks worsen in Italy, Iran
The United States told Americans on Tuesday to begin preparing for coronavirus to spread within the country as outbreaks in Iran, South Korea, and Italy escalated and fears that the epidemic would hurt global growth rattled markets. Iran’s coronavirus death toll rose to 16 on Tuesday, the most outside China, while Italy reported its 11th…
