On Wire

Amelia Milner was given ibuprofen which made her symptoms worse The first warning about the painkiller came from France’s health minister ‘If your child has symptoms of coronavirus, DO NOT give them ibuprofen,’ Amelia’s step-father warned Do you have a coronavirus story? Email sam.blanchard@mailonline.co.uk  Coronavirus symptoms: what are they and should you see a doctor? … Read more

Which would bring us into a depression. Mnuchin warns virus could yield 20% jobless rate without action Treasury Secretary Steven Mnuchin raised the possibility with Republican senators that U.S. unemployment could rise to 20% without government intervention because of the impact of the coronavirus, according to people familiar with the matter. Mnuchin discussed the scenario … Read more

BREAKING: New York Mayor de Blasio says a shelter-in-place order for New York City is definitely a possibility, New Yorkers should prepare now. He says decision likely in the next 48 hours — Josh Lederman (@thejoshlederman) March 17, 2020 NEW YORK CITY – New York City Mayor Bill de Blasio warned New Yorkers on Tuesday to be … Read more

San Francisco is going the way of Italy with its coronavirus safety measures — the Mayor’s instituting around-the-clock curfew, banning almost everyone from leaving their homes. Mayor London Breed announced what she calls a “defining moment” in U.S. response to the pandemic. Beginning at 12 AM, all residents within the city can only leave home for doctor’s … Read more

by SS2907 This panic has been going on for roughly a week and a half now and people are losing their shit, we all know this. City governments, including watershed departments are shutting down. Some news I found out today actually. The virus is still spreading rampant and my best guess is that most of … Read more

by kotdbt For those who have been through a prolonged bear market, feel free to skip or just comment “ban”. For the newer folks here, be prepared to have your emotions fucked with big time over the next few months. Markets can’t go straight down and in order to syphon money into the market so … Read more

by MortalDionysus This is the principle I’ve invested on, this is the principle I’ve thrived on. In early 2007, there were many of us who could clearly see a storm was coming. When you’ve got people saying things like “they aren’t making any new land, real estate can only go up forever!” you know you’ve got irrational … Read more

NEW YORK (Reuters) – The coronavirus shockwaves rippling through U.S. stocks are forcing investors to contemplate outcomes more dire than a recession, including several quarters of declining economic activity, a credit crisis or even a depression. The rising global toll from the pandemic and the uncertainty over how far it may spread has left investors … Read more

There’s been talk throughout the digital age of allowing senators and representatives to vote remotely, but the coronavirus crisis is prompting renewed interest in the idea. “Not so fast,” warns Government Affairs Institute Senior Fellow Joshua Huder, who then lays out what I find to be a convincing case for not going in that direction. For one … Read more

by ArtoriusSmith​ It’s important to note the distinction between an investment bank and a commercial bank. As an investment bank, the assets Lehman Brothers managed for people (stocks, bonds, etc.) are not guaranteed to hold their value but they are insured Securities Investors Protection Corp. If for some reason Lehman Brothers had not been able to … Read more