Financial markets in turmoil over fear of coronavirus lockdowns
JPMorgan Chase now is forecasting the U.S. economy will shrink at a 2% annual rate in the current quarter and 3% in the April-June quarter.
JPMorgan Chase now is forecasting the U.S. economy will shrink at a 2% annual rate in the current quarter and 3% in the April-June quarter.
Stores taking measures to keep shoppers, employees safe from coronavirus
Long lines and empty shelves can be seen at grocery stores as shoppers stock up on supplies due to the COVID-19 virus.
Long lines and empty shelves can be seen at grocery stores as shoppers stock up on supplies due to the COVID-19 virus.
Bill Gates steps down from Microsoft, Berkshire Hathaway boards
Gates also stepped down from the board of Warren Buffett’s Berkshire Hathaway Inc, where he has served since 2004.
Gates also stepped down from the board of Warren Buffett’s Berkshire Hathaway Inc, where he has served since 2004.
Trump waives interest on federally owned student loans in effort to ease financial impact of virus outbreak
Donald Trump announced his administration will waive interest on federally owned student loans.
Donald Trump announced his administration will waive interest on federally owned student loans.
Worst day on Wall Street since 1987 as coronavirus fears spread
U.S. equity markets were halted shortly after the opening bell when the S&P fell by 7 percent.
U.S. equity markets were halted shortly after the opening bell when the S&P fell by 7 percent.
Stocks recoup most big losses as investors await virus aid
Stocks, Treasury yields and oil are clawing back some of the plunge they took a day before, when the S&P 500 had its worst drop in more than a decade.
Stocks, Treasury yields and oil are clawing back some of the plunge they took a day before, when the S&P 500 had its worst drop in more than a decade.
Dow drops 7.8% as free-fall in oil, virus fears slam markets
The Dow Jones Industrial Average sank 7.8%, its steepest drop since the financial crisis of 2008, as a free-fall in oil prices and worsening fears of fallout from the spreading coronavirus outbreak seize markets.
The Dow Jones Industrial Average sank 7.8%, its steepest drop since the financial crisis of 2008, as a free-fall in oil prices and worsening fears of fallout from the spreading coronavirus outbreak seize markets.
Oil plunges 20% as another virus-fueled trading week begins
Brent crude, the international standard, lost $9.50, or 20.1%, to $35.77 per barrel, as of 7:58 p.m. Eastern time on Sunday after earlier touching its lowest price since 2016. Benchmark U.S. crude fell $8.64 to $32.64.
Brent crude, the international standard, lost $9.50, or 20.1%, to $35.77 per barrel, as of 7:58 p.m. Eastern time on Sunday after earlier touching its lowest price since 2016. Benchmark U.S. crude fell $8.64 to $32.64.
US added robust 273K jobs in February before virus escalated
So far, there are few signs that the job market has been affected by the disease, but most economists expect hiring to slow in the coming months.
So far, there are few signs that the job market has been affected by the disease, but most economists expect hiring to slow in the coming months.
Leave your mug at home: Starbucks bans personal cups amid coronavirus outbreak
Starbucks said it is "pausing" personal cup use in its locations, though it said the discount will still be available for those who ask for it.
Starbucks said it is "pausing" personal cup use in its locations, though it said the discount will still be available for those who ask for it.
Tito's Handmade Vodka does not want you to use it to make homemade hand sanitizer
Some fans of Tito's Handmade Vodka began tweeting at the Austin-based company that they were using their vodka for their recipes.
Some fans of Tito's Handmade Vodka began tweeting at the Austin-based company that they were using their vodka for their recipes.
Indeed instructs employees to work from home, cites coronavirus outbreak
According to the company, the health and safety of its employees has become a top priority in the midst of the global coronavirus outbreak. The company has offices spread across the globe including seven in North America.
According to the company, the health and safety of its employees has become a top priority in the midst of the global coronavirus outbreak. The company has offices spread across the globe including seven in North America.
Stocks slide after Fed rate cut fails to stem market's dread as coronavirus spreads
Stocks fell sharply on Wall Street Tuesday after an emergency interest-rate cut by the Federal Reserve failed to reassure markets racked by worries that a fast-spreading virus outbreak could lead to a recession.
Stocks fell sharply on Wall Street Tuesday after an emergency interest-rate cut by the Federal Reserve failed to reassure markets racked by worries that a fast-spreading virus outbreak could lead to a recession.
Dow, S&P and Nasdaq score biggest point gains ever as stocks make coronavirus comeback
The huge gains clawed back some of the ground lost in a massive sell-off that gave stocks their worst week since the financial crisis of 2008.
The huge gains clawed back some of the ground lost in a massive sell-off that gave stocks their worst week since the financial crisis of 2008.
Dow surges 5 percent on hopes for central bank help on the economy
The Dow Jones Industrial Average surged more than 1,200 points, or 5%, on hopes that central banks will take action to shelter the global economy from the effects of the coronavirus outbreak.
The Dow Jones Industrial Average surged more than 1,200 points, or 5%, on hopes that central banks will take action to shelter the global economy from the effects of the coronavirus outbreak.
Former General Electric CEO Jack Welch dies at 84
Jack Welch led General Electric Co. through two decades of unparalleled growth and transformation, with a brash style that single-handedly remade the conglomerate and changed the landscape of American corporations. He died Sunday at age 84.
Jack Welch led General Electric Co. through two decades of unparalleled growth and transformation, with a brash style that single-handedly remade the conglomerate and changed the landscape of American corporations. He died Sunday at age 84.
Coronavirus fears: Stocks fall on Wall Street, putting market on track for worst week since 2008
U.S. stocks fell sharply in early trading Friday and were on track for their worst week since October 2008 as the spreading coronavirus threatens to derail the global economy.
U.S. stocks fell sharply in early trading Friday and were on track for their worst week since October 2008 as the spreading coronavirus threatens to derail the global economy.
Stocks fall on Wall Street, head for worst week since 2008
Stocks fell on Wall Street, shaving another 3.2% off the Dow Jones industrials and putting the market on track for its worst week since October 2008.
Stocks fell on Wall Street, shaving another 3.2% off the Dow Jones industrials and putting the market on track for its worst week since October 2008.
Dow sinks nearly 1,200 points in record drop as coronavirus worries spread
The Dow Jones Industrial Average sank nearly 1,200 points Thursday, deepening a weeklong global market rout caused by worries that the coronavirus outbreak will wreak havoc on the global economy.
The Dow Jones Industrial Average sank nearly 1,200 points Thursday, deepening a weeklong global market rout caused by worries that the coronavirus outbreak will wreak havoc on the global economy.
Coronavirus hits businesses: Markets down, Facebook cancels developers conference
Facebook says it is canceling F8, its annual conference for developers.
Facebook says it is canceling F8, its annual conference for developers.