Apr 8, 2020 | Finance, Politics
NEW YORK (AP) — Stocks shot to a 3.4% gain on Wall Street Wednesday as investors chose to focus on the optimistic side of data about the coronavirus outbreak’s trajectory. It’s the latest about-face in this brutally volatile stretch for the U.S. stock market, which...
Apr 7, 2020 | Finance, Politics
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Tuesday related to the global economy, the work place and the spread of the virus. ___________CUSTOMERS FIRST: The pandemic is sapping...
Apr 7, 2020 | Finance, Politics
NEW YORK (AP) — A big rally on Wall Street suddenly vanished Tuesday, the latest twist for a market dominated by sharp swings amid the coronavirus outbreak.The S&P 500 dipped 0.2% after erasing a surge of 3.5% earlier in the day. The market’s gains faded as the...
Apr 3, 2020 | Finance, Politics
WASHINGTON (AP) — A grim snapshot of the U.S. job market’s sudden collapse emerged Friday with a report that employers shed hundreds of thousands of jobs last month because of the viral outbreak that’s brought the economy to a near-standstill.The loss of...
Mar 31, 2020 | Finance, Politics
NEW YORK (AP) — Stocks fell Tuesday to close out Wall Street’s worst quarter since the most harrowing days of the 2008 financial crisis. The S&P 500 dropped a final 1.6%, bringing its loss for the first three months of the year to 20% as predictions for the...
Mar 30, 2020 | Finance, Politics
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments on Monday related to the global economy, the work place and the spread of the virus._______AIR CARE: Britain’s health service is asking airline...