China’s skies are briefly clearer while factories stay shut

China’s skies are briefly clearer while factories stay shut

Mar 2, 2020 | Finance

WASHINGTON (AP) — China’s far-reaching efforts to control the spread of the new coronavirus have shuttered factories, emptied airports and resulted in a steep drop in carbon emissions and other pollutants. However, analysts caution that the dip in pollution is likely...
ECB’s Lagarde: ‘Ready to take targeted action’ on economy

ECB’s Lagarde: ‘Ready to take targeted action’ on economy

Mar 2, 2020 | Finance

FRANKFURT, Germany (AP) — The head of the European Central Bank said Monday that Europe’s top monetary authority is ready to take “appropriate and targeted measures” if necessary to support the economy against the headwinds from the new coronavirus. Christine...
Dow surges 5% on hopes for central bank help on the economy

Dow surges 5% on hopes for central bank help on the economy

Mar 2, 2020 | Finance

The Dow Jones Industrial Average soared nearly 1,300 points Monday as stocks roared back from a seven-day rout on hopes that central banks will take action to shield the global economy from the effects of the coronavirus outbreak.The huge gains clawed back some of the...