The following are some of the recent developments in the fight against the Coronavirus/COVID-19 and its economic impact:

US signs Coronavirus relief bill into law

European Central Bank announces €750B coronavirus stimulus

Why Verizon just made a big investment in America amid the coronavirus: CEO – Verizon has unveiled a $500 million increase to its capital expenditure spending this year to support investments in its network infrastructure.  This is an interesting article from Yahoo Finance that notes how investors learned during the 2008-2009 financial crisis that those with the balance sheets to invest during a crisis stand to take market share as the economy recovers. 

Bloomberg Philanthropies has launched two initiatives in the fight against COVID-19.  The first is a new program of support to help American mayors respond to the rapidly evolving Coronavirus epidemic.  The second is a $40 million global initiative will support immediate action to prevent or slow the spread of COVID-19 in vulnerable low- and middle-income countries.  In the latter effort, Bloomberg Philanthropies will partner with the global health organization Vital Strategies on global response efforts, along with the World Health Organization (WHO), to support lower income countries and cities respond to the COVID-19 pandemic.