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Sun Journal in New Bern, North Carolina

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Articles on This Page

This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Sun Journal

Location

New Bern, North Carolina, United States of America

Date

Mar 24, 2020

Page

7

Hunt for medical gear saturates ailing world

Paris reports growing virus infections as supply shortages spur a race for masks, ventilators, and tests across the United States and Europe. Cities near lockdowns scramble for basic protective gear while leaders warn of life threatening shortages and political gridlock on aid bills.

Paris U.S Europe Congress U.S. Federal Reserve New York Bill de Blasio CNN Italy Spain France Francois Blanchecott France Inter Radio World Health Organization United States Donald Trump China Bulgaria Greece Serbia Geng Shuang Foreign Ministry Anthony Fauci

Stocks tumble as Fed aid meets Congress stalemate

U S stock markets slide nearly 5 percent as investors await a roughly 2 trillion rescue plan from Congress and White House. Futures and European shares rose briefly on a surprise Fed move but gains faded, with the Dow off 946 points and the S&P 500 down 4.9 percent amid volatile trading.

New York Federal Reserve Congress White House Wall Street U.S Fed Donald Kohn Brookings Institution Kohn Chris Zaccarelli

Fed vows unlimited government debt purchases to shield economy

The Federal Reserve announces it will buy unlimited U S government debt and lend to businesses and local governments to cushion the coronavirus shock. New facilities total up to 300 billion in purchases of corporate and municipal bonds, plus unlimited Treasuries and mortgage-backed securities to hold down borrowing costs while Congress debates a near 2 trillion stimulus.

Congress Executive Branch Thomas Martin Globalt Washington U.S Federal Reserve Fed Central Bank United States Treasury Jerome Powell Joseph Gagnon Peterson Institute For International Economics Joe Brusuelas RSM New York Federal Reserve Donald Kohn Brookings Institution Kohn

Also Mentioned on This Page

Jakarta Indonesia Afidi Mubaraka New York Stock Exchange Associated Press By Christopher Rugaber Powell
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