Federal Reserve issues FOMC statement  —  The coronavirus outbreak has harmed communities and disrupted economic activity in many countries, including the United States.  Global financial conditions have also been significantly affected.  Available economic data show that the U.S. economy came …

Federal Reserve slashes interest rates to zero as part of wide-ranging emergency intervention  —  The Fed took the most dramatic steps since the 2008 financial crisis to bolster the U.S. economy in the face of coronavirus.  —  The Federal Reserve made an emergency interest rate cut to zero on Sunday …

Coronavirus in N.Y.: New York City Public Schools to Close  —  Following days of pressure, Gov. Andrew M. Cuomo announced plans to close the nation's largest public school system.  —  New York City's public school system, the nation's largest, will begin shutting down this week …

Coronavirus in New York: Live Coverage  —  The move is the most far-reaching and disruptive the city has taken to slow the spread of the coronavirus.  —  RIGHT NOW New York Mayor Bill de Blasio said Sunday that five people in the city had died from the coronavirus, all of whom had underlying health issues.

Trump ‘offers large sums’ for exclusive access to coronavirus vaccine  —  German government tries to fight off aggressive takeover bid by US, say reports  —  The Trump administration has offered a German medical company “large sums of money” for exclusive access to a Covid-19 vaccine, German media have reported.

Fauci: 'If it looks like you're overreacting you're probably doing the right thing'  —  National Institute of Allergy and Infectious Diseases head Anthony Fauci said Sunday that it was better to err on the side of caution in coronavirus mitigation, even if the steps taken appear to be an overreaction.