Zillow stops buying homes, citing the coronavirus

Zillow stops buying homes, citing the coronavirus

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Zillow will temporarily stop buying homes through its Zillow Offers arm in response to local public health orders intended to prevent the spread of the coronavirus and a desire to preserve cash, the real estate company said Monday. The Seattle company had been buying homes directly from sellers in 24 U.S. markets, including the Los […]

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White House adviser says US stimulus could top $2tn

White House adviser says US stimulus could top $2tn

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US stimulus measures to contain the economic fallout of the coronavirus outbreak could exceed $2tn in the coming weeks, Donald Trump’s top economic adviser said on Saturday. Larry Kudlow, director of Donald Trump’s National Economic Council, told reporters at the US Capitol that overall federal aid to combat the crisis could soon exceed 10 per […]

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Pussycat Dolls announce reunion tour 10 years after split

Qatar shuts parks and public beaches over coronavirus By Reuters

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CAIRO (Reuters) – Qatar is closing close parks and public beaches until further notice to contain the spread of coronavirus, the ministry of municipalities and the environment tweeted on Saturday. Qatar has recorded 481 cases of the flu-like disease. Disclaimer: Fusion Media would like to remind you that the data contained in this website is […]

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Do California coronavirus rules hit your business?

Do California coronavirus rules hit your business?

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Loren Pochirowski, who runs a small manufacturer of radio equipment and power supplies in Irvine, Calif., watched Gov. Gavin Newsom’s statewide stay-at-home order on television with intense interest Thursday. He was left scratching his head. He’d hoped for clarity on the most important question in his life right now: Should he close his business, or […]

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Former Browns Pro Bowl DB Parrish dies at 83

Google exploring using location info to slow coronavirus spread By Reuters

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WASHINGTON (Reuters) – Alphabet (NASDAQ:) Inc’s Google is exploring ways to use location information to slow the spread of the coronavirus by, for example, determining the effectiveness of social distancing. U.S. Senator Ed Markey, who has long championed consumer privacy, urged caution with the government’s efforts to partner with big tech companies to track the […]

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Coronavirus testing hits snag, labs need more funding

Coronavirus testing hits snag, labs need more funding

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One week after the Trump administration promised a massive expansion of free coronavirus testing, the commercial labs tasked with the effort say they need emergency funding to meet rapidly increasing demand, marking the latest snag in the problem-plagued program. In a letter sent to congressional leaders Wednesday, the industry trade group for the laboratories requested […]

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Federal Reserve buys more mortgage bonds as rates rise above 4%

Federal Reserve buys more mortgage bonds as rates rise above 4%

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The Federal Reserve accelerated its purchases of mortgage bonds on Friday after earlier interventions failed to calm the market for mortgage-backed securities or reverse a rise in home-loan rates for American consumers. “It is not a pretty sight what is going on,” said Walter Schmidt, a managing director at FTN Financial. “Even with the Fed announcing […]

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