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Trump and Democrats both say workers affected by coronavirus pandemic should get paid sick leave

Trump and Democrats both say workers affected by coronavirus pandemic should get paid sick leave

The two major parties clashed this week on how best to help workers affected by the coronavirus pandemic, as GOP lawmakers opposed two Democrat measures aimed at securing paid sick leave for impacted employees. Coronavirus had infected 128,392 people globally and killed 4,728 as of Friday morning, according to data …

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Why the Dow is at risk of the worst week in its 124-year history as coronavirus fear grips Wall Street

Why the Dow is at risk of the worst week in its 124-year history as coronavirus fear grips Wall Street

Get ready for the worst week ever for stocks — ever. The Dow Jones Industrial Average is on the verge of carving out history on Friday, but for all the wrong reasons if you are a bullish investor. The threat of the spread of the novel coronavirus has injected a …

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Dow futures bounce 1,000 points higher after Trump floats payroll-tax cut

Dow futures bounce 1,000 points higher after Trump floats payroll-tax cut

Stock-index futures jumped Tuesday, pointing to a partial rebound from Wall Street’s worst selloff since 2008. A Tuesday rebound would not be unusual — Bespoke Investment Group strategists found that in the 10 previous times since 1952 that the S&P 500 fell 5% or more on a Monday, the index …

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Asian stocks bounce after huge losses on news of possible U.S. tax cut

Asian stocks bounce after huge losses on news of possible U.S. tax cut

BEIJING (AP) — Asian stock markets took a breather from recent steep declines on Tuesday, with several regional benchmarks gaining more than 1% after New York futures reversed on news that President Donald Trump plans to ask Congress for a tax cut and other quick measures to ease the pain …

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Biogen orders employees to work from home after employees at Boston meeting test positive for coronavirus

Biogen orders employees to work from home after employees at Boston meeting test positive for coronavirus

Biogen Inc. has ordered all staff to work from home until further notice, as part of a sweeping round of measures implemented after employees who attended a management meeting in Boston tested positive for the coronavirus that causes COVID-19. Biogen BIIB, +0.07% had about 7,400 employees worldwide as of Dec. …

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Taleb says Musk’s comment on coronavirus panic being ‘dumb’ is what’s dumb

Taleb says Musk’s comment on coronavirus panic being ‘dumb’ is what’s dumb

Nassim Nicholas Taleb, whose book “The Black Swan” foreshadowed the 2008 global financial crisis, responded to Elon Musk’s tweet about what he called a panic over the coronavirus with a brief lesson on probability and human endurance over the millennia. “[T]he coronavirus panic is dumb,” Musk, the CEO of SpaceX …

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Here are Friday’s worst stock-market performers as oil takes the market down

Here are Friday’s worst stock-market performers as oil takes the market down

On the worst day for oil prices in more than five years, the broad U.S. stock indexes took another beating on Friday. • The Dow Jones Industrial Average DJIA, -0.98% was down 256.5 points, or 1%, to close at 25,864.78. • The S&P 500 index SPX, -1.70% fared considerably worse, with a …

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Should I cancel my flight? Will recirculated air on a plane spread coronavirus? Here’s what you need to know before traveling

Should I cancel my flight? Will recirculated air on a plane spread coronavirus? Here’s what you need to know before traveling

Judi LiVigni was supposed to fly from New York to San Diego last week to visit her brother, who she usually sees only once a year. But the day of her flight, she chose to cancel her trip because of concerns regarding the coronavirus outbreak. LiVigni, a 51-year-old registered dietician …

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TGIF? Dow industrials are on pace for the longest Friday losing streak in 14 years as coronavirus has Wall Street dreading weekends

TGIF? Dow industrials are on pace for the longest Friday losing streak in 14 years as coronavirus has Wall Street dreading weekends

Thank God It’s Friday? That is not the case for Wall Street investors with stocks in the Dow Jones Industrial Average, which is on pace for a dubious distinction if the 124-year-old index finishes in negative territory tomorrow. Fridays have become a source of dread for Wall Street investors lately …

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