A new test to detect the coronavirus will provide “results within hours”. The Food and Drug Administration (FDA) issued an emergency use authorization for the test as “it is reasonable to believe that the [test’s] known and potential benefits… outweigh the known and potential risks”. California-based company Cepheid is developing…
Tax Day Postponed til July 15
March 20, 2020
U.S. Secretary of the Treasury Steven Mnuchin announced today the government is moving Tax Day from April 15 to July 15. “All taxpayers and businesses will have this additional time to file and make payments without interest or penalties”, the Treasury Secretary tweeted. The Treasury Department had also recently announced…
U.S. Suspends Federal Student Loans Interest and Provides Option to Suspend Payment Altogether for 60 days
March 20, 2020
The Department of Education announced today that individuals with “federally held student loans” will have “their interest rates set to 0% for a period of at least 60 days.” Additionally, “borrowers will have the option to suspend their payments for at least two months”. There is also an “automatic suspension…
National Guard Activated to Help Coronavirus Fight
March 19, 2020
“About 2,050 National Guard soldiers and airmen in 27 states have been activated to support COVID-19 response efforts”, according to the Department of Defense. Thus far, National Guard troops have transported “500,000 swabs to be [used in] COVID-19 test kits in Memphis”, are “assisting with collecting samples from drive-through testing”…