Trump Tries to Reassure Lawmakers on Virus Testing

President Donald Trump sought to reassure lawmakers on Thursday that coronavirus testing is improving, as he prepared to unveil new guidelines for some parts of the country to lift stay-at-home measures that have crippled the U.S. economy. Trump, in a call with senators on Thursday, said that a self-administered saliva test and diagnostics to detect antibodies were closer to being […]

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Facebook to warn users who 'liked' coronavirus hoaxes

Apple releases new iPhone SE at lower price The Cyber Guy Kurt Knutsson breaks down Apple’s new release of the smaller, faster iPhone SE, retailing at $399. NEW YORK — Have you liked or commented on a Facebook post about the COVID-19 pandemic? Continue Reading Below Facebook is about to begin letting you know if you've spread bad information. FACEBOOK TO […]

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Small planes and no business class: will flying ever be the same again?

The peak season for airlines should have started this Easter, when millions of passengers go on holiday and leisure trips through to September. Instead, carriers around the world have been forced to ground their fleets due to travel restrictions imposed in the wake of the coronavirus pandemic. During this standstill, wider questions are occupying the industry: what steps would allow […]

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U.S. Jobless Claims Top 5.2 Million, Erasing a Decade of Gains

More than 5 million Americans filed for unemployment benefits last week, bringing the total in the month since the coronavirus pandemic throttled the U.S. economy to 22 million and effectively erasing a decade worth of job creation. Initial jobless claims of 5.25 million in the week ended April 11 followed 6.62 million the prior week, according to Labor Department figures […]

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Contactless Payments Skyrocket Because No One Wants to Handle Cash

Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis. As more people worry about catching coronavirus from touching cash and credit-card terminals, a onetime niche technology is roaring into the mainstream. Use of contactless mobile payments — services that once struggled to catch […]

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Robinhood is reportedly raising a fresh $250 million at an $8 billion valuation

Robinhood is reportedly raising new funds at a valuation of around $8 billion. According to anonymous sources cited by Bloomberg, the stock-trading startup is raising roughly $250 million in a round led by Sequoia Capital. The Robinhood app experienced multiple outages in March amid widespread market uncertainty caused by the coronavirus – with many Robinhood users unable to access it. […]

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Lansing, Michigan protests should not surprise us — There are real risks from aggressive, prolonged lockdowns

Michiganders protest coronavirus lockdown rules from their cars Some Michigan residents say the state stay-at-home order goes too far and are hitting the streets to protest from their cars. FOX Business’ Grady Trimble with more. Get all the latest news on coronavirus and more delivered daily to your inbox. Sign up here. Continue Reading Below Wednesday’s protests in Michigan show that […]

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Abbott Laboratories Q1 Adj. Earnings Beat View; Suspends FY20 Outlook

Medical devices and healthcare company Abbott Laboratories (ABT) on Thursday reported a 16 percent decline in profit for the first quarter from last year as an increase in sales was offset by higher operating costs and expenses, while the year-ago period’s results were boosted by a tax benefit. However, adjusted earnings per share for the quarter beat analysts’ estimates. Looking […]

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Is it better to invest or pay off debt?

There is a definitive answer to the debate between investing and paying off debt. (iStock) The answer to this question, "is it better to invest or pay off debt?” is deceptively simple: you should only invest before paying the debt if you can earn more on your investment than you’d pay in interest on your debt. Continue Reading Below And […]

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