Tag: virus

August 28, 2020

Home sales are booming. Stocks are setting record highs. Industrial production is clambering out of the ditch it fell into early this year. And yet the U.S. economy is nowhere close to regaining the health it achieved, with low unemployment, […]

July 13, 2020

European stocks rose on Monday, as optimism surrounding second-quarter earnings offset a disturbing rise in coronavirus cases, including in the key U.S. state of Florida. After edging up 0.4% last week, the Stoxx Europe 600 SXXP, 0.74% gained 0.6%. The […]

May 29, 2020

WASHINGTON — U.S. consumer spending plunged by a record-shattering 13.6% in April as the viral pandemic shuttered businesses, forced millions of layoffs and sent the economy into a deep recession. Last month’s spending decline was far worse than the revised […]

May 15, 2020

BALTIMORE — U.S. retail sales tumbled by a record 16.4% from March to April as business shutdowns caused by the coronavirus kept shoppers away, threatened stores across the country and weighed down a sinking economy. The Commerce Department’s report Friday […]

May 7, 2020

BERLIN — Industrial production in Germany, Europe’s biggest economy, dropped 9.2% in March compared with the previous month as shutdowns around the continent and elsewhere started to bite, official data showed Thursday. The figures reported by the Economy Ministry came […]

May 1, 2020

The pandemic has transformed Christina Blanch, owner of Aw Yeah Comics, into a nightly TV host. Nine times a week, Blanch leads a livestream from the store she lives above in Muncie, Indiana, to sell some comics and interact with […]

April 24, 2020

Asian shares are lower Friday after an early rally on Wall Street suddenly vanished, the latest example of how fragile the hopes underpinning the stock market’s monthlong recovery are. Japan’s benchmark Nikkei 225 slipped 0.9% to finish at 19,262.00. South […]

March 25, 2020

U.S. Treasury yields edged up in choppy trading on early Wednesday as investors struggled to balance news of a $2 trillion fiscal stimulus package agreement against broader worries about the ongoing infection rate and death toll from the COVID-19 pandemic. […]

March 19, 2020

Airlines are warning they may need bailouts as the virus outbreak brings more countries into lockdown, while central banks are injecting trillions of dollars more into the financial system to grease the gears of the global economy. Business confidence is […]

March 10, 2020

A range of banks and financial institutions have offered their worst-case scenarios for 2020, as the spread of the new coronavirus impacts the global economy and roils financial markets. The global uptick in gross domestic product (GDP) could be as […]

February 24, 2020

NEW YORK — U.S. stocks fell sharply Monday, following a sell-off in overseas markets, as a surge in virus cases and a worrisome spread of the disease outside China sent investors running for safety. The Dow Jones Industrial Average slumped […]

January 23, 2020

Some small vaccine developers that saw their stocks take off on Tuesday over growing concern about the new coronavirus are using the rally to raise money. Novavax Inc. NVAX, -27.80% in 2013 developed a vaccine for Middle East respiratory syndrome […]

January 21, 2020

U.S. Treasury yields were on the slide in early Tuesday trade as fears around a rapidly spreading virus in Asia along with a credit rating downgrade for Hong Kong, the region’s premier financial center, drove investors into haven assets. What […]