White House economic adviser Larry Kudlow is urging investors and the American public to remain calm as U.S. stocks fell sharply Friday and were on track for their worst week since October 2008 as the spreading coronavirus threatens to derail the global economy.
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National
Trump opposes more funding for USPS despite need to process ballots
President Donald Trump said Thursday that he opposes additional funding for the U.S. Postal Service, acknowledging that his position would starve the agency of money Democrats say it needs to process an anticipated surge in mail-in ballots during the coronavirus pandemic.
Variety
Michigan plans dedicated road lanes for autonomous vehicles
The state of Michigan and some private partners are taking steps toward building or assigning dedicated lanes for automated vehicles on a 40-mile stretch of highway between Detroit and Ann Arbor.
National
The Latest: WHO: Russian vaccine not in advanced test stages
The World Health Organization says the vaccine approved by Russia this week is not among the nine that it considers in the advanced stages of testing.
Business
US jobless claims fall below 1 million but remain high
The number of Americans applying for unemployment dropped below 1 million last week for the first time since the coronavirus outbreak took hold in the U.S. five months ago, but layoffs are still running extraordinarily high.
National
US seizes digital currency accounts used by militant groups
The Justice Department has seized millions of dollars from cryptocurrency accounts that militant organization abroad, including al-Qaida and the Islamic State group, relied on to raise money for their operations, officials announced Thursday.
