Top News & Analysis New Jersey

  • Andrew Cuomo, governor of New York, speaks during a news conference at the Jacob Javits Convention Center in New York, U.S., on Friday, March 27, 2020.

    New York Gov. Andrew Cuomo said Saturday he does not believe President Donald Trump has the authority to impose a quarantine on New York, New Jersey and parts of Connecticut to stop the spread of the coronavirus.

  • Claims for state unemployment were most concentrated in Rhode Island, Nevada, Pennsylvania, Massachusetts, New Jersey and Washington state.

  • New Jersey Governor Phil Murphy calls into 'Fast Money' to give an update on the coronavirus pandemic in New Jersey and what the state is prioritizing to tackle the virus.

  • CNBC reports that New Jersey will now shut down all non-essential businesses due to the coronavirus.

  • Hoboken Mayor Ravinder Bhalla joins 'Power Lunch' to discuss his decision to shut down bars and restaurants in his city amid the coronavirus outbreak.

  • President Donald J. Trump, with First Lady Melania Trump by his side, speaks the White House Easter Egg Roll held on the South Lawn at the White House on Monday, April 22, 2019 in Washington, DC.

    First Lady Melania Trump's cancellation of the White House Easter Egg Roll came days after President Donald Trump declared a national emergency due to the coronavirus pandemic.

  • *New York mayor calls for' wartime mentality' to fight virus. *Nations in South, Central America close borders. NEW YORK, March 16- Bars, restaurants, theatres and movie houses in New York and Los Angeles were ordered to shut down to combat the spread of the coronavirus pandemic as central banks around the world took aggressive steps to cushion the economic impact of...

  • March 16- European shares tumbled more than 8% on Monday as the coronavirus pandemic raged through much of Europe, with dramatic monetary easing by global central banks failing to reassure investors about its growing economic damage. The pan-European STOXX 600 fell 8.2% to its lowest since November 2012, with bourses in France and Spain leading losses as the...

  • March 16- European stock index futures slumped more than 4% on Monday as the coronavirus pandemic raged through much of Europe, with dramatic monetary easing by global central banks failing to reassure investors about its growing economic damage. French and Spanish futures slumped 6% and 5.2%, respectively, as the two countries joined Italy in enforcing a...

  • March 15- The Federal Reserve unexpectedly cut interest rates on Sunday for the second time in less than two weeks, an emergency move to help shore up the U.S. economy as a coronavirus pandemic spreads worldwide. In a statement, the central bank said it was cutting rates to a target range of 0% to 0.25%. SEAN CALLOW, FX ANALYST, WESTPAC, SYDNEY:.

  • NEW YORK, March 13- From Jersey City on the East Coast to Los Angeles on the West Coast, American shoppers picked grocery store shelves clean on products ranging from disinfectants to rice, causing retailers to race to restock their stores as the worsening coronavirus crisis stoked fears of shortages. As shoppers swarmed stores, President Donald Trump on Friday...

  • *Los Angeles, Chicago schools to shut down for two weeks. CHICAGO, March 13- As President Donald Trump declared a national emergency, the coronavirus pandemic pushed Los Angeles and Chicago to suspend classes, delayed two of the country's best-known sporting events and triggered a run on food supplies at some grocery stores. Trump's declaration would "unleash...

  • NEW YORK, March 13- American shoppers stood in long lines outside grocery stores on Friday, waiting to buy essentials like toilet paper, pasta, and bottled water, as a worsening coronavirus crisis stoked fears of shortages across the United States. Still, worried shoppers cleared out grocery and drug store shelves from Houston to Los Angeles as the virus spread...

  • national emergency@ CHICAGO, March 13- U.S. 10- year Treasury yields jumped back over the 1% level on Friday after President Donald Trump declared a national emergency over the spreading coronavirus, a move that sent stocks soaring. Justin Hoogendoorn, head of fixed income strategy and analytics at Piper Sandler in Chicago, said there were "very little bids" in the...

  • The law, enacted in 1988, empowers the Federal Emergency Management Agency to assist state and local governments during "natural catastrophes" and coordinate the nation's response. FEMA, an agency within the U.S. Department of Homeland Security, controls more than $40 billion in federal funding set aside by Congress for disaster relief.

  • NEW YORK, March 13- American shoppers stood in long lines outside grocery stores on Friday, waiting to get inside to buy essentials like toilet paper, pasta, and bottled water, as a worsening coronavirus crisis stoked fears of shortages across the United States. Marlene Russell, 69, a retired school guidance counselor and active medical technician from Mendham,...

  • *Drive-through testing to begin in New York suburb. WASHINGTON/ NEW YORK, March 13- As the coronavirus outbreak tore deeper into the fabric of American public life, President Donald Trump was expected to declare a national emergency on Friday to provide more money to fight a pandemic that has killed 41 people in the United States. San Francisco, San Diego and...

  • The Fed offered $1.5 trillion in three tranches of $500 billion repurchase agreement loans on Thursday and Friday and said it would start purchasing a broader range of U.S. The markets have been on the precipice of freezing, "said Robert Tipp, Chief Investment Strategist and Head of Global Bonds at PGIM Fixed Income in Newark. Banks borrowed only $119.5 billion...

  • *Trump to declare national emergency- Bloomberg News. *Drive-through testing to begin in New York suburb. WASHINGTON/ NEW YORK, March 13- As a worsening coronavirus outbreak tore deeper into the fabric of American public life on Friday, Democratic lawmakers and the Trump administration closed in on an aid package to shield the U.S. economy from the ravages of the...

  • NEW YORK, March 12- Working from home went from optional to mandatory across Wall Street this week as financial firms reported their first confirmed cases of coronavirus and the outbreak triggered a state of emergency in New York City. JPMorgan's plan applies to New York- area employees while Goldman's plan was for most staff across North America and Europe,...