Federal Reserve announces an additional $2.3 trillion in loans to support the economy, Powell predicts recovery

WASHINGTON, DC—The Federal Reserve on Thursday took additional actions to provide up to $2.3 trillion in loans to support the economy. This funding will assist households and employers of all sizes and bolster the ability of state and local governments to deliver critical services during the coronavirus pandemic. “Our country’s highest priority must be to address this public health crisis, […]

7 Maryland residents being tested for coronavirus, Fed cuts rates

BALTIMORE, MD—After coronavirus fears led to a stock market free-fall last week, the Federal Reserve is taking action.  Here in Maryland, new reports suggest that up to seven residents are now being tested for COVID-19. Six people have died from coronavirus in Washington state and at least 100 others are sick. The Maryland Department of Health now reports that 7 […]