coronavirus crisis

See Why U.S. Restaurants Asked Trump, Congress For $455b Bailout

Mar 19, 2020. by Ekohot Editor

U.S. restaurants on Wednesday asked President Trump and congressional leaders for at least $455 billion in aid to help them weather the coronavirus crisis, saying the industry could shed nearly half of its 15.6 million jobs and a quarter of annual sales. Restaurants could take a $225 billion hit over the next three months, equal … Read more

Coronavirus Batters Trump’s Stock Market Showpiece

Mar 13, 2020. by Ekohot Editor

For three years, U.S. President Donald Trump touted a stunning run-up in the stock market as evidence of his success in the White House. In the space of three weeks of coronavirus crisis, most of those gains have evaporated. As the coronavirus pandemic spreads fear of a recession, the stock market’s rise under the Republican … Read more