Trump Administration Allocates $11B For COVID-19 Testing As Faster Tests Get Approved

The Trump administration will provide $11 billion to states to ramp up testing capabilities to combat the COVID-19 pandemic.

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Pelosi Pushes Ahead On Massive Virus Bill, But GOP Wary

Even in absentia, House Democrats are seeking to drive the debate on the fifth coronavirus response bill, promising to produce a mega-package stuffed with Democratic priorities even as a chorus of GOP leaders voices hesitation about more spending.

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Uber CEO Says Drivers Should Get Health-Care Benefits Based On How Much They Work, And Uber Would Pay For It

After years of debate over classifying gig workers as contractors rather than employees, Uber CEO Dara Khosrowshahi outlined his vision for a new way to provide health-care benefits for contract workers logging full-time hours.

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Large Health Insurers Appear Immune To COVID-19

The largest national health insurers emerged from the first quarter of the year without so much as a scratch from the COVID-19 crisis. And while it’s unclear how long the pandemic will last and how many people will become infected, insurers are betting they ultimately will come out on top.

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Here’s How A $54 Billion Deficit Will Hurt Californians

California faces an unprecedented $54 billion deficit. Finance officials announce the unemployment rate could reach 18%, worse than the Great Recession. Schools, health care and safety-net programs face devastating cuts as state and local officials seek additional federal stimulus.

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Small Businesses See Coronavirus Effect Lasting 12-16 Months

Eighty-one percent of small U.S. companies surveyed by Veem, a global payments network, expect the new coronavirus pandemic to affect their business over the next 12-16 months, and nearly 90% are bracing for an economic slowdown, the company said Monday.

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