A highly-valued public
company will have a hard time getting a coronavirus relief loan,
the U.S. Treasury on Thursday said, just as Congress was poised
to approve a new round of funding for the debt in the Paycheck
The combined wealth of America's
billionaires, including Amazon.com Inc founder Jeff
Bezos and Tesla Inc chief Elon Musk, increased nearly
10% during the ongoing COVID-19 pandemic, according to a report
published by the Institute for Policy Studies (IPS).
Sales of new U.S.
single-family homes dropped by the most in more than 6-1/2 years
in March and further declines are likely as the novel
coronavirus outbreak batters the economy and throws millions of
Americans out of work.