News Daypop Archives

5.7 Magnitude Earthquake In Utah Leaves Thousands Without Power

A 5.7 magnitude earthquake hit near Salt Lake City on Wednesday, temporarily shutting down a major air traffic hub and leaving thousands without power. There were no reports of injuries. The quake damaged the spire and statue atop the iconic Salt Lake Temple. The epicenter was just southwest of Salt Lake City, between the airport and Great Salt Lake. It was felt by about 2.8 million people who were already confined to their homes due to the coronavirus pandemic.  ...Read more

President Trump Signs $100 Billion Coronavirus Relief Bill Ensuring Sick And Emergency Leave

President Donald Trump signed an economic relief bill to help combat the coronavirus pandemic.  The bill will ensure free testing and paid leave for certain workers, hours after the Senate passed the measure on Wednesday. Lawmakers overwhelmingly voted 90-8 in favor of the “phase two” stimulus measure. The Joint Committee on Taxation estimates the bill will cost $100 billion. ...Read more

Dow Jones Rises 1,000 Points After News Of Coronavirus Stimulus Plan

The Dow Jones Industrial Average rebounded on Tuesday, climbing more than 1,000 points or over 5% by the time market’s closed. The index saw more than 500-point swings, coming after it suffered its worst day since the “Black Monday” crash of 1987 on Monday, plunging nearly 3,000 points or 12.94%.  The S&P 500 and Nasdaq also climbed Tuesday, with both indices up by 5.99% and 6.23%, respectively, at closing.  ...Read more

Lockdowns Due To Coronavirus Pandemic Spread Throughout U.S.; Death Toll Hits Over 80

On Monday, the White House issued new guidelines designed to slow the increasingly rapid spread of coronavirus. In sum, they are asking nearly every American to stay home from work or school for the next fifteen days; saying essentially, America “is closed for business” In almost every aspect of daily life.  In some major cities, bars and restaurants have been told to close or only serve take out. ...Read more

Federal Reserve Slashes Rates Due To Coronavirus Pandemic As U.S. Death Toll Reaches 62

The U.S. Federal Reserve cut interest rates to near zero on Sunday in an emergency move to help the U.S. economy during the escalating global coronavirus pandemic. Interest rates were already cut by half a percentage point on March 3 at an emergency meeting, the first emergency cut since the financial crisis in 2008. The central bank said it was cutting rates to a target range of 0% to 0.25%. President Donald Trump called the move “terrific” and “very good news.” ...Read more