Coronavirus stimulus bill helps American retirement account holders
The new coronavirus stimulus bill lets people make early withdrawals from retirement accounts without paying the typical 10% penalty. Normally, if you want to pull the money out of a 401(k), 403(b) or other retirement accounts before the age of 59 and a half, you'll pay an additional 10% penalty.
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Bank of England holds interest rate at 0.1%
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Moderna, Pfizer Start Decisive Covid Vaccine Trials
Moderna Inc and Pfizer Inc launched two 30,000-subject trials of COVID-19 vaccines that could clear the way for regulatory approval and widespread use by the end of this year, the companies said on Monday. The trials, both announced on Monday, are the first late-stage studies supported by the Trump administration's effort to speed development of measures against the novel coronavirus.
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Australia expects the biggest budget deficit since World War II
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