Tag: donald trump
A week later, Trump’s national coronavirus screening website is still nowhere to be found
Last Friday, President Trump, together with Vice President Pence and White House coronavirus task force coordinator Deborah Brix, announced that we would soon see a new website go up that would be at the core of the government’s testing strategy. This website, which was supposedly being built by 1,700 Google…
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Stocks rise after mixed day, with tech leading and SaaS outperforming
The wild ride that has been U.S. stock market over the past couple of weeks may be settling down — at least for the moment — from the whiplash-like swings that helped set global markets on edge. The new economic normal that the pandemic has brought to countries across the world…
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Trump invokes the Defense Production Act to address the coronavirus pandemic
During a White House press briefing on Wednesday, President Trump opened remarks by confirming that he has invoked the Defense Production Act, a move that many have called for him to take to help fight the coronavirus pandemic since at least earlier this week. The Act, which was originally enacted…
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U.S. and Canada border to close to all but essential travel and trade, says Trump
The U.S./Canada border has remained open despite measures by both countries to block and limit international flights and mobility in light of the coronavirus pandemic, but that is changing today as the two countries have agreed, “by mutual consent,” to suspend any movement between the two beyond “essential traffic” and…
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US stocks open lower, erasing recent gains and plunging shares deeper into bear territory
The rollercoaster ride of equity markets continues as all of the major stock indexes opened sharply lower one day after President Donald Trump announced the intention to push through a sweeping aid package — including the potential for a direct payout to most American workers. Domestic indexes had risen sharply…
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Amazon CEO Jeff Bezos has been in regular contact with the White House on coronavirus pandemic
During a White House briefing on Monday detailing new recommendations regarding public health from the administration’s coronavirus task force and the CDC, President Trump was asked by a member of the press corps about reports that the White House is in “daily” contact with Amazon CEO Jeff Bezos regarding the…
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