Gov. Gavin Newsom announced Wednesday that four of the nation’s five largest banks have agreed to suspend mortgage payments for 90 days for California homeowners affected by the coronavirus. Wells Fargo, JPMorgan Chase, Citibank and U.S. Bank, along with about 200 state-chartered banks and credit unions, agreed to the 90-day grace period, he said. Congress, meanwhile, was […]
President Trump and Gov. Gavin Newsom have been mutually complimentary during the coronavirus crisis, but they are on a collision course when it comes to how long to keep social distancing measures in place to blunt the pandemic. Californians could find themselves caught in the middle as Trump’s stated desire to start returning to normal […]
The White House and Senate leaders of both parties announced agreement early Wednesday on unprecedented emergency legislation to rush sweeping aid to businesses, workers and a health care system slammed by the coronavirus pandemic. The urgently needed pandemic response measure is the largest economic rescue measure in history and is intended as a weeks- or […]
Tax forms and payments won’t be due to the Internal Revenue Service until July 15 this year, Treasury Secretary Steven T. Mnuchin said Friday as the government looks for ways to respond to the coronavirus pandemic. “We are moving Tax Day from April 15 to July 15,” Mnuchin said in a tweet. “All taxpayers and […]
Michael Levitt, a Nobel laureate and Stanford biophysicist, began analyzing the number of COVID-19 cases worldwide in January and correctly calculated that China would get through the worst of its coronavirus outbreak long before many health experts had predicted. Now he foresees a similar outcome in the United States and the rest of the world. […]
