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Opinion: U.S. Should Learn From Taiwan's Coronavirus Response

  • Opinion: U.S. Should Learn From Taiwan's Coronavirus Response Opinion: U.S. Should Learn From Taiwan's Coronavirus Response 3:23
    U.S. Designates Foreign White Supremacist Group as Terror Organization U.S. Designates Foreign White Supremacist Group as Terror Organization 3:03
    Coronavirus Update: Relief Law, Car Plants to Close and Fed Measures Coronavirus Update: Relief Law, Car Plants to Close and Fed Measures 2:19
    Ackman to Trump: Shut Down the U.S. Ackman to Trump: Shut Down the U.S. 5:00
11:48 a.m. Today - By Callum Keown
Vodka, saunas and lockdown resistance: These countries are taking a different approach to the coronavirus pandemicThe majority of countries around the world have enforced strict lockdown measures in a bid to slow the spread of coronavirus but some have taken different paths in the face of the pandemic.
11:37 a.m. Today - By Victor Reklaitis
Coronavirus aid program for small businesses looks set to get more money this week Treasury Secretary Steven Mnuchin asks Congress for an additional $250 billion and sees OKs from House and Senate by end of the weekTop U.S. lawmakers say Tuesday that they’re working across party lines to set aside additional coronavirus aid for small businesses this week, after high demand for the new Paycheck Protection Program created in Washington’s response to the pandemic.
11:13 a.m. Today - By Greg Robb
U.S. consumer credit increased at faster pace in FebruaryConsumer borrowing accelerated in February before the coronavirus spread across the country, according to Federal Reserve data released Tuesday. Total consumer credit increased $22.3 billion. That's an annual growth rate of 6.4%, up from a 3.5% rate in the prior month. Economists has been expecting a $14.2 billion gain, according to Econoday. Revolving credit, like credit cards, rose 4.6% in February after a rare 2.7% decline in the prior month. Nonrevolving credit, typically auto and student loans, rose 7% after a 5.6% rate in the prior month. The data does not include mortgage loans. Economists will be watching spending data closing in coming months. The government is trying to replace income lost by workers and business after the country shut down in mid-March.
11:08 a.m. Today - By Kenneth Rogoff
Are stock-market investors foolish to expect a quick economic rebound from the coronavirus? It’s still too foggy to see the other side of this massive contractionWe know that human determination and creativity will prevail over the coronavirus. But at what cost? It’s too early to know.
10:44 a.m. Today - By Jonathan Nicholson
It looks like stimulus, and acts like stimulus — but some Republicans are reluctant to use the term After the financial crisis, GOP was successful in making ‘stimulus’ a dirty wordSome Republicans are going out of their way to avoid using the word ‘stimulus’ to describe the government aid designed to the soften the blow of the coronavirus.
10:15 a.m. Today - Associated Press
White House press secretary who held zero briefings steps down, replaced by Trump campaign spokeswoman Stephanie Grisham will step down as press secretary, and is expected to become the first lady’s chief of staffWhite House press secretary Stephanie Grisham is leaving her post after never holding a single formal press briefing.
10:03 a.m. Today - By Victor Reklaitis
Tuesday’s Wisconsin primary: Biden has big polling lead over Sanders as voters cast their ballots ‘Barring some sort of massive new development, Biden remains on track to be the Democratic nominee,’ analyst saysAs voters in Wisconsin cast their ballots on Tuesday in their state’s Democratic presidential primary, Joe Biden has a big lead over rival Bernie Sanders in polls of the Badger State’s voters.
9:52 a.m. Today - By Dani Rodrik
Why the coronavirus will harden our political views, not change them The pandemic is turning all countries into exaggerated versions of their previous selvesNo one should expect the pandemic to alter — much less reverse — tendencies that were evident before the crisis.
8:59 a.m. Today - By Chris Matthews
Coronavirus small-business aid program could ultimately need $1.8 trillion in funding, analyst says More than half of American small businesses cannot survive three months without revenue, while 21% cannot survive a monthSmall businesses across America have flocked to their local banks to apply for forgivable loans backed by the Small Business Administration since the program launched last Friday, with some expressing concern that if they didn’t get their applications in quickly funding would run out.
8:31 a.m. Today - By Michael J. Nathanson
Why coronavirus could devastate charities even more than the Great Recession did Economic damage from COVID-19 will cause people to forego donationsEconomic damage from COVID-19 will cause people to forego donations.
7:33 a.m. Today - By Greg Robb
Trump looking at reopening parts of the country unscathed by coronavirus, Mnuchin says White House adviser Kudlow suggests economy could be open in next four-to-eight weeksTreasury Secretary Steven Mnuchin in Tuesday said President Donald Trump is talking to his advisors about ways to reopen ‘parts of the country.’
6:59 a.m. Today - Associated Press
Police find body of Maeve Kennedy Townsend McKean as search continues for her 8-year-old son Maeve Kennedy Townsend McKean, Robert F. Kennedy’s granddaughter, and her 8-year-old son were lost boating on Chesapeake Bay last weekThe body of the daughter of former Lt. Gov. Kathleen Kennedy Townsend was located in about 25 feet of water and recovered, authorities said Monday, and they will keep searching for her son, after the two went missing following a canoeing accident last week.
6:52 a.m. Today - By Jeffry Bartash
Before the coronavirus struck, U.S. job openings stood at nearly 7 million COVID-19 triggers mass layoffs, nationwide hiring freezeJob openings in the U.S. fell slightly to 6.89 million in February just a month before the coronavirus upended the economy and all but certainly ended the longest expansion in American history.
5:34 a.m. Today - By Barbara Kollmeyer
Why these stocks are worth holding as markets navigate a deadly pandemic Critical information for the U.S. trading dayWhy you don’t want to grab for those cheap stocks as a deadly pandemic unfolds. Our call of the day has some quality stocks to recommend.
4:56 a.m. Today - By Jeffry Bartash
Government rushes to save Main Street before businesses failThe optimism of small businesses in the U.S. economy suffered the biggest decline in March in 37 years — and due to the deepening coronavirus crisis that record is sure to be broken again very soon, the National Federation of Independent Business said.
4:53 a.m. Today - By Sophie Mitra
The coronavirus pandemic reminds us that people belong at the center of our economic thinking Health, relationships and community are more important than abstract economic concepts and statisticsFounding the economy on good health of both individuals and populations will make us more resilient to future pandemics.
4:14 a.m. Today - By Greg Robb
Newspaper sentiment about the economy started to worsen as soon as the first stories about the coronavirus appeared, a new Fed index shows Falling optimism came two months ahead of a plunge in consumer sentiment A new index that measures the sentiment of articles about the economy in newspapers started to drop as soon as the first stories about the coronavirus appeared, according to research from the San Francisco Fed
3:37 a.m. Today - By Pierre Briançon
Markets are shrugging off Boris Johnson’s hospitalization. Here’s why. The government will go on, with the same ruling party. Under a parliamentary system, Parliament matters most.
3:18 a.m. Today - By Barbara Kollmeyer
As hopes rise that worst of Spain’s pandemic is past, fear emerges of equally traumatic economic downturn Has the U.S. learned the necessary lessons from the likes of Italy and Spain?A string of falling coronavirus deaths has tossed a lifeline of hope to Spain, but a deep economic downturn waits on the other side.
10:00 p.m. April 6, 2020 - By Lina Saigol
Well-wishes from world leaders pour in for Boris Johnson after the British prime minister is moved to intensive care with worsening coronavirus symptoms Politicians from across the political divide and around the globe send messages to London as the prime minister’s COVID-19 symptoms are said to have worsened Prime Minister Boris Johnson take into intensive care for coronavirus as condition worsens.
7:19 p.m. April 6, 2020 - Associated Press
Wisconsin supreme court overrules governor, says Tuesday’s primary can proceed Earlier in day, Gov. Tony Evers had postponed election due to coronavirus; U.S. Supreme Court blocks extended absentee votingVoters in Wisconsin will likely face a choice on Tuesday of participating in a presidential primary election or heeding warnings from public health officials to stay away from large crowds during the coronavirus pandemic.
6:23 p.m. April 6, 2020 - Associated Press
Trump attacks HHS report finding hospitals face severe shortage of coronavirus testing supplies Trump implies politics is at play, though report was compiled by non-partisan official appointed in JanuaryPresident Donald Trump on Monday disputed the veracity of a federal survey that found hospitals faced severe shortages of coronavirus test supplies, questioning whether its conclusions were skewed by politics.
5:44 p.m. April 6, 2020 - Associated Press
Acting Navy secretary walks back his calling fired carrier captain ‘naive, stupid’ Modly apologizes after harsh backlash; Trump says he may get involvedIn an extraordinary broadside punctuated with profanity, the Navy’s top leader accused the fired commander of the coronavirus-stricken USS Theodore Roosevelt of being “too naive or too stupid” to be in charge of an aircraft carrier. He delivered the criticism to sailors who had cheered the departing skipper last week.
4:05 p.m. April 6, 2020 - Associated Press
White House blames states for requesting more medical supplies than needed Kushner claims problem isn’t lack of supplies, but that they aren’t where they need to beThe White House said Monday that some states are requesting far more medical supplies than they need to fight the coronavirus pandemic, pushing back against criticism that the distribution of vital equipment has been chaotic.
3:29 p.m. April 6, 2020 - Associated Press
U.S. prosecutors detail bribery charges in awarding of World Cup, broadcasting rights Bribes allegedly paid to secure votes for Russia, Qatar bids in 2018, 2022Prosecutors revealed new details of alleged bribes paid to FIFA executive committee members to gain their votes for Qatar to host the 2022 World Cup and charged a pair of former 21st Century Fox executives with making illegal payments to win broadcast rights for the 2018 and 2022 tournaments.
2:51 p.m. April 6, 2020 - Barrons.com
U.K. Prime Minister Boris Johnson Moved to Intensive Care Here’s what you need to know about the coronavirus outbreak to navigate the markets today.
2:23 p.m. April 6, 2020 - By Greg Robb
Trump says he's settled his dispute with 3M and U.S. will purchase millions of high-quality masksPresident Donald Trump on Monday said the government will purchase millions of masks from 3M for health-care workers who are battling the coronavirus pandemic, effectively ending a running war he conducted with the company at his press conferences. Trump said the U.S. has agreed to buy 166.5 million masks over the next three months from the company. "So the 3M saga ends very happily," Trump said at the daily White House coronavirus briefing. Trump had displayed simmering anger with 3M after he asked the company to cease exports of its masks and the company said such a request was counterproductive.
12:51 p.m. April 6, 2020 - By Beckie Strum
State governors, public figures and private companies all helping N.Y. get much-needed ventilators California will loan 500 to the federal stockpile, Washington has returned 400, and China has donated 1,000 in the hopes that they will help New York with its shortageCalifornia will loan 500 to the federal stockpile, Washington has returned 400, and China has donated 1,000 in the hopes that they will help New York with its shortage.
12:17 p.m. April 6, 2020 - By Bernard Baumohl
Coronavirus has ushered in an economic ice age. When can we expect activity to heat up again? U.S. recession or depression isn’t yet clear, but severe pain is unavoidableWhether the U.S. endures a recession or depression isn’t yet clear, but severe pain is unavoidable, writes economist Bernard Baumohl.
11:14 a.m. April 6, 2020 - By Victor Reklaitis
Wisconsin primary: Democratic governor blocks in-person voting, but Republican lawmakers plan appeal More than a dozen other states have postponed their primaries due to the coronavirus pandemicCiting the coronavirus pandemic, Wisconsin Gov. Tony Evers suspended in-person voting that had been scheduled for Tuesday for a Democratic presidential primary and other races.
10:10 a.m. April 6, 2020 - By Greg Robb
Fed sets up facility to create secondary market for new small business loansThe Federal Reserve on Monday said it was setting up a facility to create a secondary market for loans from the Paycheck Protection program started late last week. In a statement, the Fed said it would lend against the loans from the new small business lending program.
8:51 a.m. April 6, 2020 - By Jeffry Bartash
The soaring U.S. unemployment rate could approach Great Depression-era levels Mass layoffs pushing jobless rate above 10% — and it’s still risingThe soaring U.S. unemployment rate might not match a Great Depression peak of 25%, but it could come uncomfortably close in the next few months.
8:35 a.m. April 6, 2020 - By Clarissa Sebag-Montefiore
Architect and public intellectual Michael Sorkin approached his life and work with a moral force The acerbic critic, who was being treated for cancer, died at 71 in New York from COVID-19 complicationsAs an architect, critic, educator and public intellectual — who advocated fiercely for sustainability, green cities and an end to urban inequality — Michael Sorkin was unafraid to say what he thought.
7:11 a.m. April 6, 2020 - By Dan Beeton
U.S. sanctions in a time of coronavirus are morally depraved as well as illegal under international law America’s actions will lead to more deaths in Iran and VenezuelaWhile the United States is fighting COVID-19 here at home, U.S. sanctions against other governments are aiding the virus’s spread abroad.
6:01 a.m. April 6, 2020 - By Mike Murphy
Trump again touts unproven drug to treat coronavirus: ‘What do you have to lose?’ President strongly backs hydroxychloroquine at White House briefing, says U.S. has stockpiled 29 million pills, despite lack of scientific evidence that it works against COVID-19President Donald Trump on Sunday again strongly backed hydroxychloroquine to treat patients with COVID-19, despite scant scientific evidence that it’s an effective treatment.
5:59 a.m. April 6, 2020 - Associated Press
Poll shows Americans are ramping up efforts to avoid coronavirus The number of confirmed cases of COVID-19 has grown to about 1.3 million worldwideAmericans in overwhelming numbers are actively avoiding others as much as possible and taking additional steps to protect themselves from the coronavirus, according to a survey from The Associated Press-NORC Center for Public Affairs Research that shows how concerns about infection have grown sharply in the past six weeks.
3:48 a.m. April 6, 2020 - Associated Press
Canadian Prime Minister Trudeau joined by Newfoundland’s premier in decrying Trump ban on exports of N95 protective masksTrump has said he will block exports of the masks from the United States to ensure they are available for domestic use during the coronavirus pandemic.
3:41 a.m. April 6, 2020 - By Greg Robb
St. Louis Fed’s Bullard pitches universal daily COVID-19 testing to help restore economy’s health A daily test would give Americans confidence to once again interact, St. Louis Fed president saysSt. Louis Fed President James Bullard on Sunday said testing everyone for the coronavirus is a good way to help the economy recover from the pandemic.
3:39 a.m. April 6, 2020 - Associated Press
Biden says he wants to speak with Trump about effective White House responses to past crises Trump said he would ‘love’ to talk to his likely November rivalJoe Biden said this week that he wants to speak with President Donald Trump in the hope that the president can “learn some lessons” from the Obama administration on how to deal with the coronavirus outbreak.
2:28 a.m. April 6, 2020 - By Charles Stewart III
We can rely more on more mail-in ballots for the November election — here’s how The 2020 election in November won’t be called off because of coronavirusThe 2020 election in November won’t be called off because of coronavirus. Decisions on how to increase mail-in voting need to be made in the next four to six weeks.
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