The Latest

March 23, 2020 11:21 AM

Senate Democrats voted as a bloc Sunday evening to stop consideration of an estimated $1.6 trillion relief package because of its perceived shortcomings, including the lack of provisions to assist state and local governments.

4 Min Read
Kate Fitzgerald
March 23, 2020 11:20 AM

Growing recognition that coronavirus can survive on hard surfaces for up to 72 hours — making it riskier to use PIN pads and touchscreens at the point of sale — is causing merchants around the world to rethink payment technology, especially at supermarkets.

4 Min Read
Magnifying glass image on columns of numbers
Dave Martin
March 23, 2020 11:16 AM

The coronavirus is changing how consumers interact in branches and banking online. Bank leaders should be prepared.

3 Min Read
San Francisco housing
By Louis Hansen
March 23, 2020 10:46 AM

The coronavirus pandemic has created confusion, delays and uncertainty in housing projects around the Bay Area, despite a crushing need for new homes from an industry deemed essential to work through the regional lock-down.

5 Min Read
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Edward Mendlowitz
March 23, 2020 10:39 AM

What we did yesterday is no longer relevant during the coronavirus pandemic, and we need to adapt and quickly. Here are some issues to consider.

3 Min Read
AICPA building in Durham, N.C.
Sean McCabe
March 23, 2020 10:32 AM

A recent webcast urged businesses to focus on potential upsides and customer/employee engagement amid the coronavirus outbreak.

3 Min Read
Paul Burton
March 23, 2020 10:11 AM

The comptroller called for passage of a federal rescue bill and measures to shore up the city budget.

3 Min Read
The Fed is establishing two new credit facilities aimed at providing credit to large businesses: the Primary Market Corporate Credit Facility for new bond and loan issuance and the Secondary Market Corporate Credit Facility, which is focused on outstanding corporate bonds.
March 23, 2020 8:25 AM

The Federal Reserve committed Monday to conducting more asset purchases of Treasury securities and mortgage-backed securities and announced $300 billion in new financing for credit facilities.

2 Min Read
Existing home sales
By Jonathan Lansner
March 22, 2020 8:29 PM

The California Association of Realtors told its members Friday to stop all face-to-face sales activities including showings, listing appointments, open houses and property inspections due to coronavirus concerns.

1 Min Read
Neil Haggerty
March 22, 2020 8:05 PM

The COVID-19 pandemic has already given rise to false marketing of test kits and criminals impersonating the FDIC. Consumer advocates say the bureau could issue alerts as well as empower banks to help safeguard their customers’ funds.

5 Min Read