Donald Trump vows ‘major’ steps to aid US economy amid coronavirus rise

Joseph B. Hash

Donald Trump on Monday reported he would  be getting “big” steps to gird the financial state against the effect of the spreading coronavirus outbreak and will focus on a payroll tax lower with congressional Republicans on Tuesday.

“We’ll be speaking about a probable payroll tax lower or relief, considerable relief, pretty considerable relief, which is a massive amount,” the US president advised reporters.

He did not deliver information but reported a information conference will be held on Tuesday.

House of Representatives Speaker Nancy Pelosi and Senate Minority Chief Chuck Schumer, the leading two Democrats in Congress, advised reporters that any

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Credit stress continues to rise in healthcare sector as maturities loom, social risks rise

Joseph B. Hash

Credit rating tension is mounting in the U.S. health care sector, with a increasing selection of health care providers on its B3 Unfavorable and Reduced Corporate Rankings List, Moody’s Investors Provider reported in a new report.

Although favorable long-term developments have frequently underpinned the sector’s credit score top quality, cracks are getting ever more evident.

Health care providers on Moody’s listing of lessen-rated providers have roughly $forty one.six billion of excellent debt, a 28% increase in the earlier calendar year. Of this, $1.2 billion, $three.three billion and $six.three billion arrive owing in 2020, 2021 and 2022, respectively. A number of

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