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The U.S. economy amid the COVID-19 crisis is suffering under the weight of multiple factors, including lower consumer spending, falling business investment and global travel bans, according to a report from S&P Global Economics.

The Treasury Department said March 18 it wants to dedicate $500 billion to start issuing direct payments to Americans by early next month as the centerpiece of a $1 trillion plan to stabilize the economy as the coronavirus epidemic threatens a body slam to taxpayers and businesses.

UPS Inc. is joining a Trump administration effort to bring mobile coronavirus testing to several U.S. cities, the company announced March 16.

Kroger CEO Rodney McMullen urges the public to remember that the grocery business deals in perishable goods and is set up to constantly ship and refill store shelves.

The duration of a temporary ban on nonessential travel between the United States and Canada could be a month, President Donald Trump told reporters at the White House on March 18.

After some confusion, the Alameda County Sheriff’s Department in California said March 17 the car plant was not “essential,” and like most other businesses must shut down under the county’s shelter-in-place order that took effect March 17.

American Trucking Associations is asking the Trump administration to take specific steps that will help the trucking industry in its efforts to keep stores and medical facilities stocked with supplies as the country battles the coronavirus pandemic.

FedEx announced March 17 that year-over-year quarterly net income for its fiscal third quarter fell 57% to $315 million, compared with $739 million in the same period a year ago. But Q3 revenue rose 3% to $17.5 billion from $17 billion a year ago.

Days after not ruling out a nationwide lockdown to mitigate the spread of the coronavirus, President Donald Trump did not specify when the country would return to a sense of normalcy.

The U.S. government is coming out with new regulations aimed at changing automotive passenger safety standards that could be barriers to autonomous vehicles.