Global stock markets are sharply lower on deepening worries over damage from the coronavirus pandemic

Asian shares are mixed as worries about economic damage from the coronavirus pandemic grow

President Donald Trump spoke at a press conference on Monday alongside Vice President Mike Pence and the administration’s Coronavirus Task Force. Trump announced “dramatic” economic measures would be proposed to Congressional leadership on Tuesday. In the United States, the coronavirus has infected more than 600 people and killed more than 26.

President Trump told reporters on Saturday that he was optimistic about the economy following Friday’s stock market growth and the congressional aid package, predicting a “tremendous bounce” in the wake of the coronavirus. Trump also expressed frustration with the Chairman of the Fed and accused him of “following, not leading” global markets.

Asian shares have risen after a rally in U.S. stocks, mostly spurred by health care companies’ announcements of developments that could aid in the coronavirus outbreak

Congress has left cruise lines high and dry when it comes to emergency relief from the new virus outbreak

Stocks fell more than 3% on Wall Street, giving back part of the gains they piled up over the past three days

Stocks are up 4% Thursday, putting the market on track for its first three-day rally in six weeks, even as the astonishing scale of the downturn slamming the economy because of the coronavirus becomes more apparent

Asian stock markets are mixed after Wall Street gained as U.S. legislators wrangled over a proposed $2 trillion virus aid package

Stocks are surging on Wall Street Tuesday, sending the Dow industrials up 10%, as Congress nears a deal to inject $2 trillion into the economy to mitigate damage from the coronavirus outbreak

 Stocks fell about 3% on Wall Street Monday as Congress hit another roadblock in talks to inject nearly $2 trillion into the economy. Even an extraordinary flood of support from the Federal Reserve wasn’t enough to lift stocks, as frustration with Washington rises along with the number of coronavirus cases. Another attempt to advance the aid bill on Capitol Hill…

When President Donald Trump speaks, financial markets gyrate and quiver in real time.

Stocks are widening their losses and the price of oil is falling sharply again as clampdowns related to the coronavirus escalate

Stocks are holding on to gains after a wobbly day on Wall Street Thursday amid cautious optimism among investors that emergency action by the U.S. government and central banks will cushion the global economy from a looming recession caused by the coronavirus pandemic

On Feb. 19, U.S. stocks closed at a record, led by four tech companies that were each worth comfortably over $1 trillion at the time. What a difference a month makes.  As of the close of trading on March 19, those four companies — Apple, Microsoft, Amazon and Alphabet — along with Facebook have lost a combined $1.3 trillion in value since the market peaked. The broader S&P...

The Federal Reserve has established currency swaps with nine central banks overseas to support dollar lending in global markets that are under pressure from the impact of the virus outbreak

Stocks are falling sharply on Wall Street in early trading as fears spread that the coronavirus is causing a global recession

Stocks are falling sharply on Wall Street as fears spread that the coronavirus is causing a global recession.

David Shulman, senior economist with the UCLA Andersen Forecast, explains how tax deferments are just the start of measures the federal government will need to keep the U.S. economy from slipping into a much worse situation.

The U.S. stock market plunged to its worst day in more than three decades as voices from Wall Street to the White House said the coronavirus may be dragging the economy into a recession. Monday’s 12% drop for the S&P 500 means it has plummeted nearly 30% since setting a record less than a month ago, and it’s at...