Deal is first from a U.S. bank that links all proceeds to tackling the virus
The central bank's weekly balance sheet update also showed its total assets hit a new record of $6.93 trillion
Stan Druckenmiller, Paul Singer and Paul Tudor Jones are among the heavyweights voicing doubts about the markets or the economy
State and local government pension plans lost about 13% during the first quarter
The Fed chairman cited the risk that the pandemic will cause the U.S. lasting economic harm
The Fed said another program to buy debt directly from issuers will launch 'in the near future'
Stocks have bounced back, but investors keep pouring money into gold exchange-traded funds
PNC acquired the world's largest asset manager for $240 million in 1995
Some smaller companies have joined the rush to return PPP loans in response to the Trump administration's rules and guidance
The central bank is expected to target the giant fixed-income ETFs; it may also invest in funds with defined maturity dates
