Apr 06 Stocks rise sharply on signs of progress in battling virus By Stan Choe, Associated Press Stocks jumped in markets around the world Monday after some of the hardest-hit areas offered sparks of hope that the worst of the coronavirus outbreak may be on the horizon. Continue reading
Apr 03 Stocks waver after goverment reports 700,000 job losses By Associated Press Stocks are wavering in early trading on Wall Street after the government reported that more than 700,000 jobs were lost last month. Continue reading
Apr 02 Wall Street rises as higher oil prices revive energy stocks By Stan Choe, Damian J. Troise, Associated Press Stocks rose on Wall Street Thursday, largely due to gains for energy companies, after the price of oil bounced further off its lowest level in 18 years. Continue reading
Mar 19 Watch 5:50 Economist Ken Rogoff on whether the U.S. has ever experienced a crisis like this one The coronavirus pandemic is causing immense economic damage. The number of Americans filing for unemployment benefits has surged as businesses nationwide close down and are forced to lay off workers. Has the country ever experienced anything like this? Paul Solman… Continue watching
Mar 18 Stocks sink 7%, causing trading halt and recession fears By Stan Choe, Damian J. Troise, Associated Press Goldman Sachs strategists describe this month as “March Sadness.”… Continue reading
Mar 12 Watch 14:46 Can Congress, Trump put pandemic response ahead of politics? On Capitol Hill, lawmakers are working on a multi-billion dollar novel coronavirus aid package to help the Americans hit hardest by the pandemic. They, along with Democratic presidential candidates Joe Biden and Sen. Bernie Sanders, also weighed in on President… Continue watching
Mar 12 Staggering corporate debt becomes risk as virus hits economy By Paul Wiseman, Bernard Condon, Cathy Bussewitz, Associated Press The numbers are staggering: Corporate debt worldwide comes to $72 trillion, up from $32 trillion in 2005. Continue reading
Mar 10 Watch 10:28 As impact of COVID-19 deepens, U.S. officials debate economic response The impact of the novel coronavirus in the U.S. is deepening. On Tuesday, new cancellations, closures and quarantines were announced and President Trump and lawmakers huddled about potential measures to soften the crisis’ economic impact -- but the stock market… Continue watching
Mar 06 Stocks fall, bond yields take another breathtaking drop By Stan Choe, Damian J. Troise, Associated Press Stocks kept falling Friday and bond yields took more breathtaking drops as a brutal, dizzying couple weeks of trading showed no sign of letting up. Continue reading
Mar 04 Stocks soar on plans for more stimulus measures, Biden wins By Stan Choe, Alex Veiga, Associated Press Health care companies helped lead the gains after Biden solidified his contender status for the Democratic presidential nomination. Investors see him as a more business-friendly alternative to Bernie Sanders. Continue reading