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
Joe Biden narrowly defeated Bernie Sanders in last week’s Democratic presidential primary in Washington state, according to projections from the Associated Press. The former vice president’s victory means he won five of the six states that held contests on March 10th. ...Read more
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
Former Vice President Joe Biden and Vermont Sen. Bernie Sanders faced off on Sunday night in their first one-on-one showdown at the 11th Democratic debate. ...Read more
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
On Thursday, President Trump said he was ‘not concerned’ about the possibility of being exposed to the coronavirus after dining last week with a Brazilian government official who has since tested positive for the disease. ...Read more
Disneyland announced on Thursday it would be closing down starting Saturday, March 14 through the end of March in the wake of growing concerns in the U.S. and around the world about the coronavirus pandemic. ...Read more
More than two months after the start of the outbreak of the novel coronavirus in China, on Wednesday the World Health Organization (“WHO”) formally declared the outbreak a global pandemic. The WHO generally defines a pandemic as a disease that has become widespread around the world. ...Read more
Disgraced film producer Harvey Weinstein was sentenced to 23 years in prison Wednesday for his rape and criminal sex act convictions following a landmark trial in the #MeToo era. Weinstein was convicted Feb. 24 of rape in the third degree for assaulting aspiring actress Jessica Mann in a New York City hotel room in 2013, and of committing a criminal sex act for forcing oral sex on former production assistant Mimi Haley in 2006. ...Read more
Bernie Sanders and Joe Biden have both canceled their campaign rallies planned for Tuesday night in Ohio, due to concerns about the coronavirus. These cancellations are the first on the 2020 presidential campaign trail, as concerns about the outbreak mount. ...Read more
