Fed cuts rates and NYC, LA close restaurants to fight coronavirus

With panic buying on Main Street and fear-driven sell-offs on Wall Street, the U.S. Federal Reserve cut interest rates to near zero on Sunday in another emergency move to help shore up the U.S. economy amid the rapidly escalating coronavirus pandemic.

from Reuters: Top News https://www.reuters.com/article/us-health-coronavirus-usa/fed-cuts-rates-and-nyc-la-close-restaurants-to-fight-coronavirus-idUSKBN2120RY?feedType=RSS&feedName=topNews