Business

A bleaker talk from Federal Reserve Chairman Jerome Powell has been greeted by yet another historic drop in mortgage rates, which have returned to a record low of less than 3% in a daily poll. In two days of testimony before Congress this week, including a Tuesday appearance in which …

The Arizona governor ordered the closure of bars, cinemas, gyms, and water parks, in a dramatic move that echoed similar efforts by states across the country to reverse plans to reopen. Republican Governor Doug Ducey’s order came Monday and went into effect immediately, and will last at least 30 days. …

NEW YORK – The minor league baseball games canceled their seasons on Tuesday due to the coronavirus pandemic, and the head of its governing body said more than half of the 160 teams were in danger of failing without government help or capital injections. private. The National Association of Professional …

The NHL announced Monday that 26 players have tested positive for coronavirus since Phase 2 of the league’s Return to Play plan began earlier this month. The league released a statement confirming that of the more than 250 players who participated in training at the club’s facilities since Phase 2 …

PARIS – The coronavirus pandemic continued to wreak havoc on global aviation when aerospace giant Airbus announced Tuesday that it would cut nearly 15,000 jobs in its global workforce, the largest reduction in the company’s history. Citing a 40 percent drop in commercial jet business activity and an “unprecedented crisis” …