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WASHINGTON (AP) — The Treasury Department wants to start issuing direct payments to Americans by early next month as the centerpiece of a trillion plan to stabilize the economy as the coronavirus epidemic takes a toll on taxpayers and businesses. In a memorandum issued Wednesday, Treasury is calling for two 0 billion cash infusions to individuals: A first set of checks issued starting April 6, with a second wave in mid-May. The amounts would depend on income and family size. The Treasury plan would require approval by Congress.This story is developing and will be updated. 596

WASHINGTON — The Federal Reserve took emergency action Sunday and slashed its benchmark interest rate by a full percentage point to nearly zero and announced it would purchase more Treasury securities to encourage lending to try to offset the impact of the coronavirus outbreak. The central bank said the effects of the outbreak will weigh on economic activity in the near term and pose risks to the economic outlook. The central bank said it will keep rates at nearly zero until it feels confident the economy has weathered recent events. The Fed also said it has dropped its requirements that banks hold cash reserves in another move to encourage lending.The Fed's announcement comes after President Donald Trump badgered the the apolitical agency throughout weekend, pushing them to lower rates. Trump lauded the decision at a press conference at the White House on Sunday evening."I'm very happy," Trump said. "...you won't hear anything bad from me (about the fed) unless it's a few months from now." 1018

Vending machines aren't exactly known to have the healthiest options, but soon, they'll be stocking snacks that are better for people.The 150

Two children were killed and nine people were injured after a stolen police cruiser crashed into two parked cars in Dayton, Ohio, Monday night.The cars had been parked outside the Dayton Public Library when they were struck around 7:22 p.m., Dayton Police Lt. Eric Henderson said.According to Henderson, Dayton police originally responded to a call for a stabbing shortly after 7 p.m. The suspect in that incident had fled, he said.Police in nearby Riverside then received a 911 call about a car that had driven into a tree and went to check on the accident.When the Riverside officer exited his police cruiser, the suspect from the stabbing call -- who had abandoned the car driven into the tree -- stole the officer's car and fled the scene at a high speed, Henderson said.The suspect crashed the police cruiser into two vehicles that were carrying 11 people between them, including seven children.All 11 occupants were taken to local hospitals and at least three of them were in life-threatening condition when they were transported, Henderson said. Two of the children later died, he said.Two Riverside officers sustained minor injuries when the suspect struck their vehicle. 1191

Tyler Stallings was 4 years old when he first learned that some veterans are homeless.Veterans are part of the Maryland boy's extended family and he always thought of them as heroes. Homeless veterans didn't make sense to him.He wanted to do something to help them right away, so he asked his mom if he could build houses for them. At such a young age, he wasn't in the best position to start building houses.He still wanted to help, so Tyler started doing something a little more realistic. He began making what he calls "hero bags.""Doing something special for veterans began after I started asking my mom why some veterans are homeless," Tyler said on his 671