Feb 25 Stocks sink, bonds soar on fears coronavirus will stunt economy By Alex Veiga, Stan Choe, Associated Press The losses came a day after the market's biggest drop in two years. Investors plowed money into bonds, sending the yield on the 10-year Treasury to a record low. Continue reading
Feb 25 Virus spread in U.S. is not a question of ‘if but when,’ health expert says By Laura Santhanam The spread of the novel coronavirus has prompted U.S. public health officials to shift their strategy to contain and mitigate the virus rather than prevent it. Continue reading
Feb 25 WATCH: Pompeo blasts China and Iran for virus response Secretary of State Mike Pompeo accused the two governments of censorship and of trying to cover up the severity of the spread of the deadly illness. Continue reading
Feb 25 In effort to stop virus’ spread, countries limit travel By Kim Tong-Hyung, Matt Sedensky, Associated Press Police manned checkpoints in quarantined towns, governments issued travel warnings and more flights were suspended Tuesday as officials desperately sought to stop the seemingly inevitable spread of a new virus. Continue reading
Feb 24 White House unveils $2.5 billion emergency coronavirus request By Andrew Taylor, Associated Press The request could advance quickly through Congress and came as coronavirus fears are credited with a 1,000-plus point drop in the Dow Jones index and are increasingly seen as a potential political threat to President Donald Trump. … Continue reading
Feb 24 Watch 8:41 With new outbreaks of COVID-19, are we on the ‘precipice’ of a pandemic? Will novel coronavirus, now known as COVID-19, morph into a global pandemic? Health officials worldwide are concerned about incidents of human-to-human transmission of the illness, although it continues to have a relatively low death rate. Amna Nawaz reports and Georgetown… Continue watching
Feb 24 Watch 5:07 Why the economic impact of COVID-19 might outlast the outbreak The virus that quarantined entire cities in China has spread far beyond, raising the specter of a global pandemic. As cases of novel coronavirus rise in other countries, panic is rippling through financial markets. Grant Thornton economist Diane Swonk joins… Continue watching
Feb 24 How novel coronavirus could change the map on global manufacturing By Gretchen Frazee For companies that have become heavily reliant on China, COVID-19 could serve as a wake-up call. Continue reading
Feb 24 Japan health officials say coronavirus ship quarantine was not perfect By Mari Yamaguchi, Associated Press More than 690 people were sickened on the ship and three died. The number of cases in Japan outside of the ship is continuing to rise, and experts say the country is now at a critical juncture. … Continue reading
Feb 24 White House is drafting a virus response budget request The request is still being developed but is likely to come this week, a senior administration official confirmed Monday. Continue reading