U.S. companies reeling from coronavirus fallout, Fed survey shows

U.S. companies reeling from coronavirus fallout, Fed survey shows

WASHINGTON (Reuters) – U.S. companies have been battered by the fallout from the novel coronavirus outbreak, with economic activity plunging at an unprecedented speed over the past few weeks, a Federal Reserve report released on Wednesday showed. FILE PHOTO: Vacant room lights form a heart on the Hyatt at Olive 8 hotel, where normal operations […]
Pelosi calls on Fed to help universities

Pelosi calls on Fed to help universities

FILE PHOTO: U.S. House Speaker Nancy Pelosi (D-CA) makes a statement about coronavirus disease (COVID-19) economic relief legislation from the Speakers Lobby of the U.S. Capitol Building on Capitol Hill in Washington, U.S., March 23, 2020. REUTERS/Joshua Roberts/Pool...