Sources: BBC News
The United States Senate votes 50β49 to pass President Joe Biden's $1.9 trillion relief package after 24 hours of debate and vote-a-rama sessions on the bill. The amended legislation will head back to the United States House of Representatives for a final vote. 2021-03-6
Indonesia falls into a recession for the first time since the 1997β98 Asian financial crisis after its economy contracts 3.49% in the third quarter. 2020-11-5
The economy enters recession for the first time since 1987 after the country's GDP declined by 12.2% between April and June, amid a nationwide lockdown and travel bans due to COVID-19. 2020-09-17
The Federal Reserve Bank announces the commitment to buy any amount of government-backed securities needed to keep interest rates down. Among other measures being developed to support the real economy, it will also establish a special purpose vehicle allowing it to buy investment-grade corporate bonds directly. 2020-03-23
U.S. Senate Republicans unveil a $1 trillion economic stimulus package proposal to aid businesses and the American public during the coronavirus pandemic. 2020-03-19
American Airlines says it will suspend long haul international flights from March 16 until May 6. 2020-03-14
Before markets open, the Dow Jones Industrial Average futures posted a 1,300-point drop due to the coronavirus and a fall in the price of oil. The drop would be the most points the Dow has dropped in a single day. 2020-03-9
Global stock markets have lost US$6 trillion in value over the last six days. 2020-02-28