Feb 28 What history can teach us about the latest stock market correction By Stan Choe, Associated Press Corrections can be scary, but they can also be healthy events, eliminating excesses that have built up after extended runs of market optimism. Continue reading
Feb 28 U.S. schools plan for possible spread of novel coronavirus By Collin Binkley, Associated Press Districts have been rushing to update emergency plans this week after federal officials warned that the virus is almost certain to begin spreading in the U.S. Continue reading
Feb 28 Novel coronavirus fear creates a global run on face masks By Dee-Ann Durbin, Anne D'Innocenzio, Joseph Pisani, Associated Press Many businesses are sold out, while others are limiting how many a customer can buy. Continue reading
Feb 28 Financial pain deepens as nearly 60 countries report virus By Foster Klug, Matt Sedensky, Associated Press Globally, more than 83,000 people have fallen ill with the novel coronavirus. Continue reading
Feb 27 Watch 8:39 An infectious disease specialist on what we do and don’t know about COVID-19 After infecting tens of thousands in China, the novel coronavirus has reached dozens of other countries -- at least 48 in total. Public health officials say it’s almost inevitable the illness will spread more extensively within the U.S. So what… Continue watching
Feb 27 Watch 4:09 Novel coronavirus is hitting the financial markets hard. Here’s what we know Economic worries sparked by the global outbreak of novel coronavirus are pushing major stock indexes lower -- down at least 10 percent from recent record highs. More than $2 trillion of value have been wiped out this week, translating to… Continue watching
Feb 27 Stock market sinks amid growing coronavirus concerns By Stan Choe, Alex Veiga, Associated Press 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. Continue reading
Feb 27 Japan to close schools nationwide to control spread of virus By Mari Yamaguchi, Associated Press Prime Minister Shinzo Abe asked all elementary, middle and high schools to remain shut until spring holidays begin in late March. Continue reading
Feb 27 U.S. economy grew 2.1 percent in Q4 2019 By Martin Crutsinger, Associated Press The economy grew at the end of last year, but damage from the spreading novel coronavirus is likely depressing growth in the current quarter and for 2020 as a whole. Continue reading
Feb 27 Saudi Arabia halts pilgrimages over virus By Jon Gambrell, Associated Press The decision showed the growing worry across the Mideast about the virus as Iran confirmed that infected cases in the country spiked by over 100, to 254 now. Continue reading