Apr 4, 2017

Americans view Trump's relationship with the media as "unhealthy"

A new Pew survey finds that 83% of Americans think the relationship between Trump and the news media is "unhealthy," and an additional 73% believe the tension between Trump and the media hinders their access to political news.

Who cares: These concerns were mutually shared across all demographics: Republicans and Democrats, men and women, and people from varied household income and education levels.

Why it matters: Americans think a symbiotic relationship between the President and the press is crucial in promoting democracy. A separate Pew study earlier this month found the majority of Americans feel that checks and balances are crucial in democracies and that new organizations should be free to criticize political leaders.

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Global: Total confirmed cases as of 9:30 a.m. ET: 1,498,833 — Total deaths: 89,733 — Total recoveries: 337,074 — Map.
U.S.: Total confirmed cases as of 9:30 a.m. ET: 432,438 — Total deaths: 14,808 — Total recoveries: 24,125 — Map.
Business: Fed will lend up to $2.3 trillion amid coronavirus crisis — Another 6.6 million jobless claims filed last week
Public health latest: The federal government is in the process of deploying 90% of its stockpiled medical equipment to fight the pandemic.
States latest: New York has reported more cases than the most-affected countries in Europe — Chicago's Cook County jail is largest-known source of coronavirus in U.S.
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Keep ReadingUpdated 9 mins ago - Politics & Policy

Courtenay Brown

Fed will lend up to $2.3 trillion amid coronavirus crisis

Fed Chairman Jerome Powell at a press conference in March. Photo: Eric Baradat/AFP via Getty Images

The Federal Reserve announced Thursday that it will support with the coronavirus-hit economy with up to $2.3 trillion in loans to businesses, state and city governments — made possible by Treasury funds set aside in the government stimulus package.

Why it matters: The Fed has taken more action amid the coronavirus outbreak than it has in any other financial crisis in U.S. history in an effort to blunt the effects of the resultant economic shutdown.

DetailsUpdated 13 mins ago - Economy & Business

Courtenay Brown

Another 6.6 million jobless claims filed last week amid coronavirus crisis

Data: U.S. Bureau of Labor Statistics via FRED; Chart: Andrew Witherspoon/Axios

Another 6.6 million Americans filed for unemployment last week, the Labor Department announced Thursday.

Why it matters: It adds to the staggering 10 million jobless claims in recent weeks — by far the sharpest spikes in American history — as the world economy has ground to a halt in an effort to contain the coronavirus outbreak.

Go deeper1 hour ago - Economy & Business