Archive for March 12th, 2020

The fall in cryptocurrency markets comes amid a broader sell-off in equities as governments worldwide continue to grapple with the spread of the new coronavirus.

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No stock is totally safe, but some are safer than others.

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<p>U.S. stocks recovered some of their steep losses Thursday after the Federal Reserve announced extraordinary funding actions to ease strained capital markets in the wake of the coronavirus sell-off.</p>

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Cruise-line and energy shares lead the drop during a big selloff.

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Truckers face a "constellation" of health issues and are more likely to smoke and have diabetes — conditions that make the coronavirus more deadly.

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<p>U.S. stocks fell sharply once again on Thursday after an address from President Donald Trump failed to quell concerns over the possible economic slowdown from the coronavirus.</p>

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<p>Stock futures hit ‘limit down’ for the second time this week overnight Thursday as global markets plunged amid investor fears about the coronavirus global pandemic.</p>

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Almost overnight, President Trump has gone from insisting the economy would not need fiscal help to weather the coronavirus to proposing a stimulus plan that would cost more than the 2008 Wall Street bank bailout or the 2009 stimulus bill aimed at digging the United States out of a deep recession.&nbsp;

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Coronavirus-induced market mayhem has pushed so much liquidity out of U.S. Treasuries that the true value of more than $50 trillion in assets around the globe is in doubt.

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<p>Futures contracts tied to the major U.S. stock indexes fell sharply early Thursday after an address from President Donald Trump failed to quell concerns over the possible economic slowdown from the coronavirus.</p><p></p>

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Job losses have begun in ports, bakeries and travel agencies. Economists worry more layoffs are coming in the next few weeks as many businesses see plummeting sales.

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American Airlines is suspending pilot hiring as the rapid spread of coronavirus hurts, according to a note from the company, the latest measure by a major carrier to stem the pain of the coronavirus travel slump.

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