The Federal Reserve fired its facilities on Monday to directly buy corporate bonds from the companies themselves, completing its bond purchase program as the central bank continues to combat the economic consequences of the COVID-19 crisis. Since May, the Fed has already intervened in the corporate debt market, raising billions …
Read More »Delirium affects, horrifies many patients with COVID-19
(Newser) – A 31-year-old patient with COVID-19 was attacked by cats. That happened after she was being tested in a Japanese laboratory. Before that, she had been on fire, unable to move and scared. “It was so real,” she said. But it was not like that. Once thought to primarily …
Read More »Kemp pushes masks and extends state of emergency for coronavirus
Gov. Brian Kemp on Monday extended the state’s public health emergency, certain trade restrictions and his have-in-place order for the medically fragile amid a record increase in new cases of the coronavirus. The governor also announced Monday that he plans to take a statewide flight tour before the July 4 …
Read More »Chesapeake Energy files for bankruptcy as details of wineries and botox emerge
Chesapeake Energy, the son of the American shale revolution, filed for bankruptcy on Sunday. The move comes as the company and industry in general have been rocked by a drop in oil and gas prices amid the coronavirus pandemic. The heavily indebted company has been in trouble for some time, …
Read More »United States begins cutting Hong Kong’s special status due to security law
WASHINGTON (Reuters) – The United States began eliminating Hong Kong’s special status under US law on Monday, halting defense exports and restricting territory access to high-tech products as China prepares Hong Kong’s new security legislation . FILE PHOTO: United States Secretary of State Mike Pompeo gives a press conference on …
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