Outright Monetary Transactions

Reopening California: 46 DMV field offices resume operations after being temporarily shuttered amid pandemic

1 hour ago   |   ABC   |   2 articles

The DMV has reopened 46 more field offices to the public on Thursday. Those offices will be able to help customers with appointments and with limited transactions that require...
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The Political Week in Photos

4 hours ago   |   Bloomberg   |   3 articles

Hong Kong took center stage in the worsening dispute between the U.S. and China after Beijing moved to tighten its grip on the former British colony, defying a threat by U.S...
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SEC Is Scrutinizing Public Companies Granted Virus Relief Funds

4 hours ago   |   Bloomberg

The U.S. Securities and Exchange Commission has started an inquiry into publicly traded companies that received coronavirus stimulus funds from the federal government...
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EU's $826 Billion Recovery Fund Will Have Strings Attached

4 hours ago   |   Bloomberg

The European Union's top economic officials warned that the bloc's 750 billion-euro recovery package won't give countries blank checks, as grants and loans will be conditional...
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Merkel's Stimulus Sequel May Total as Much as 100 Billion Euros

4 hours ago   |   Bloomberg

German Chancellor Angela Merkel is preparing a second phase of stimulus of between 50 billion euros and 100 billion euros to turbo-charge the economy's recovery from the...
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Kenya's Central Bank Urges Credit Backstop as Bad Loan Risks Rise 

7 hours ago   |   Bloomberg

Kenya urgently needs to establish a credit-guarantee program to reduce the risk of lending to small- and mid-sized companies battered by the coronavirus pandemic, according to...
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Bickering and Confusion Stall $150 Billion Meant to Boost States

9 hours ago   |   Bloomberg

Weeks after states began receiving billions in federal Cares Act money in response to the Covid-19 crisis, lawmakers are fighting for control of it, interest groups are pushing...
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Credit-card fraud surges 35% as coronavirus freezes the economy and wipes out jobs

Credit-card fraud surges 35% as coronavirus freezes the economy and wipes out jobs

9 hours ago   |   Business Insider

The dollar volume of fraudulent credit and debit card charges soared 35% year-over-year in April, The Wall Street Journal reported Wednesday, citing data from Fidelity National...
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Vesta raises $125 million to fight payment fraud with AI

Vesta raises $125 million to fight payment fraud with AI

10 hours ago   |   Venture Beat

Vesta, which provides an AI-powered platform for payment fraud detection and prevention, has raised $125 million in venture capital.
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COVID-19's reality shock for external-funding dependent emerging economies

12 hours ago   |   Bruegel

COVID-19 has brought to light a reality that had been mostly forgotten in an era of ample dollar liquidity: the excessive dependence of emerging economies on external...
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Trump signs executive order threatening social media companies after Twitter...

Trump signs executive order threatening social media companies after Twitter fact-checked his tweets

President Donald Trump signed an executive order Thursday seeking to crack down on social media companies over allegations of bias against conservatives. The move comes two... Read more ...

Man says he broke into a bank to heat up Hot Pockets in a break room microwave

Man says he broke into a bank to heat up Hot Pockets in a break room microwave

A man broke into a Wells Fargo Bank in San Diego early Wednesday, but he says it's not for the reason most might expect. Read more ...

Dr. Fauci: Second wave of COVID-19 can be avoided

Dr. Fauci: Second wave of COVID-19 can be avoided

Dr. Anthony Fauci says a second wave of the novel coronavirus can be avoided if the United States can improve testing and contact tracing. Read more ...

Over 40 million Americans have filed for unemployment during the...

Over 40 million Americans have filed for unemployment during the pandemic-real jobless rate over 23.9%

Subscribe to How To Reopen , our weekly newsletter on what it takes to reboot business in the midst of a pandemic . More than 2.1 million Americans filed initial unemployment... Read more ...

Boston Marathon canceled for 1st time in 124-year history

Boston Marathon canceled for 1st time in 124-year history

BOSTON - The Boston Marathon has been canceled for the first time in its 124-year history. Read more ...

South Carolina mom, boyfriend charged after remains of special needs...

South Carolina mom, boyfriend charged after remains of special needs daughter found in dresser

Authorities say a South Carolina woman and her boyfriend have been arrested and accused of killing the woman's disabled daughter and hiding her body inside a dresser drawer. Read more ...

President Trump preparing executive order targeting social media protections

President Trump preparing executive order targeting social media protections

The order comes days after the president lashed out at Twitter for applying fact checks to two of his tweets. Read more ...

Trump Readies Executive Order Targeting Protections For Social Media Companies

Trump Readies Executive Order Targeting Protections For Social Media Companies

The president had threatened social media companies with new regulation or even shuttering, but he alone can't do that. Read more ...

Minneapolis mayor begs protesters to keep peace in ‘honor' of George Floyd

Minneapolis mayor begs protesters to keep peace in ‘honor' of George Floyd

Minneapolis Mayor Jacob Frey called for peace Thursday as violent protests over the death of George Floyd shook the city - saying it's what the late 46-year-old father would... Read more ...

Violence again rocks Minneapolis after man's death; 1 killed

Violence again rocks Minneapolis after man's death; 1 killed

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