Senate Republicans introduce new coronavirus bill


WASHINGTON (Reuters) – U.S. Senate Majority Leader Mitch McConnell on Thursday introduced a massive new legislative package to combat the effects of the coronavirus outbreak, saying Republicans would soon begin negotiations with Democrats aimed at brokering a deal to pass it. McConnell said the legislation […]

Senate's McConnell says Republicans nearing pact on big economic stimulus bill


WASHINGTON (Reuters) – Senate Majority Leader Mitch McConnell said on Wednesday that Republicans were nearing an agreement on larger economic stimulus legislation to support the coronavirus-hit U.S. economy. Senate Appropriations Committee Chairman Richard Shelby said Republicans could unveil the proposed stimulus legislation late Wednesday or […]

Dow loses almost all that it gained during Trump's presidency


(Reuters) – As Wall Street extended its deep sell-off on Wednesday over fears about the coronavirus, the Dow Jones Industrial Average effectively erased the last of the once sizeable gains it made under U.S. President Donald Trump. Trump’s request for Congress to approve $500 billion […]

Coronavirus forces U.S. lawmakers to overcome steep partisan divide


WASHINGTON (Reuters) – With coronavirus cases reported in all 50 U.S. states, lawmakers in Washington are working to limit the economic damage from the widening epidemic. To do so, they must overcome another problem – partisan gridlock. The Republican-controlled Senate is expected on Wednesday to […]

Biden routs Sanders in Florida and Illinois, projected to win Arizona


WASHINGTON (Reuters) – Joe Biden rolled to blowout victories in Tuesday’s three Democratic presidential primaries, expanding his lead in the race to challenge President Donald Trump in November and increasing pressure on rival Bernie Sanders to end his campaign. Biden was projected by Edison Research […]