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Moneywatch -
Moneywatch -
Senate nearing deal on massive coronavirus bill as unemployment claims spike
Congressional leaders are close to reaching a $2 trillion rescue package as the stock market made a huge gain on Tuesday. Nancy Cordes has the latest from Capitol Hill.
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Distillery shifts to making hand sanitizer
In response to the coronavirus outbreak, a distillery in Atlanta has shifted operations. Instead of gin and vodka, the distillery is now pumping out hand sanitizer. Mark Strassmann reports.
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Dow recovers by nearly 2,000 points after brutal week
The stock markets ended a brutal week on a positive note. The Dow bounced back by nearly 2,000 points, picking up more than 9% on Friday. CBS News business analyst Jill Schlesinger reports.
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Families, businesses and governments across the country prepare for weeks of closure due to coronavirus
Grocery stores nationwide were flooded with anxious shoppers hoping to stock up on toilet paper, thermometers and canned goods. Across the country, families prepared for weeks at home. Mola Lenghi reports.
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U.S. markets in meltdown as coronavirus panic intensifies after Trump's travel ban
The Dow plummeted nearly 10%, leaving investors fearing that the government has not done enough to help the economy amid the coronavirus pandemic. Jill Schlesinger reports.
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Trump considering tax cuts as coronavirus sinks markets
With recession fears increasing, the Trump administration is considering tax cuts for individuals and industries most affected. Nikki Battiste reports.
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Cruise industry takes hit as State Department issues warning
The cruise industry is in a major crisis and experts estimate the outbreak could cause the industry $46 billion a month. Manuel Bojorquez reports.
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U.S. has 23% more flu cases this year than last, Walgreens says
With sales of flu-fighting products up sharply, pharmacy chain reminds people to get their annual flu shots.
The clock is already ticking on the next debt ceiling fight
The recent increase in the debt ceiling provides only a "short reprieve," said Treasury Secretary Janet Yellen.
Ford Foundation will no longer invest in fossil fuels
Other notable philanthropies also have stopped investing in companies that produce coal, oil and natural gas.
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Sinclair Broadcast Group hit with ransomware
Operator of local TV stations says some of its computers were attacked over the weekend and that data was stolen.
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What's inside the Treasury's proposal to track nearly all bank accounts
The administration has vowed it won't boost audits on middle-income people — but to know who they are, it needs all accounts over $600.
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