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Tag Archives: coronavirus

Market Extra: ECB’s emergency response to coronavirus economic crunch applauded — but more help likely to be needed

To the European Central Bank President Christine Lagarde’s relief actions did speak louder than words. The question for investors is whether more action is in store this week. ECB policy makers, who will hold a virtual policy meeting on Thursday, have taken a number of emergency measures since their last …

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How the Coronavirus has Changed the Home Buying Process

Everything has changed since the COVID-19 outbreak began in the U.S. two months ago. And buying a home is no different. We wanted to know exactly what has changed to better prepare people looking to buy a house, so we asked the experts. Rate Search: Check Mortgage Rates and Compare …

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Coronavirus Diseases (COVID-19)

The new coronavirus disease (COVID-19) has spread in the entire world in less than five months after its discovery. Worldwide, there are at least 34,018 recorded deaths so far, with 723,700 confirmed cases. The number of recoveries is at 152,032, and while the 21% chance of recovery is hopeful, to …

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The Tell: After coronavirus, the U.S. will ‘never return to free-market capitalism as we knew it,’ says Guggenheim’s Minerd

Scott Minerd, global chief investment officer at Guggenheim Partners isn’t optimistic about the economic recovery from the coronavirus pandemic, and he worries the tepid rebound could lead to a “populist revolt to address massive inequality of income and wealth.” Minerd wrote in a Sunday blog post that he predicts there …

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Dispatches from a Pandemic: Blinking in the sunlight: Children make halting return to Spain’s streets after weeks of coronavirus lockdown

An unseen Pied Piper worked his way across Spain on Sunday, bringing children out of apartments and houses of all sizes with their bikes, scooters, skates and balls, and most important, their parents. A literal baby step down from one of the strictest coronavirus lockdowns in the world arrived as …

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It was fair winds and following seas for small-business owners like these ship captains. Then came coronavirus

When the tall, bearded sailing ship captain danced into her life late in 2009, Julie McKay was ready to be swept off her feet. McKay, a massage therapist, was living near Baltimore when she flirted with Hugh Covert at a contra dance at an old stone church one evening. Over …

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‘We will not have a vaccine by next winter.’ Like the 1918 Spanish flu, CDC says second wave of coronavirus could be worse. So what happens next?

America is staring down a widespread COVID-19 testing shortage with no vaccine in sight. So what happens when coronavirus makes its unceremonious return? Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases for more than three decades, said Wednesday, “We will have coronavirus in the fall. I …

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Outside the Box: Debt, wealth destruction and lower pay will be coronavirus’ legacy

Policy makers often describe their approach to the COVID-19 crisis as placing the economy in hibernation or an induced coma. In that sense, the restoration of normal functioning after the patient is revived will be the true measure of success. Post-pandemic recovery will experience effects that persist after the initial …

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Key Words: ‘It’s going to be brutal,’ billionaire Mark Cuban says of economy’s recovery from coronavirus, and ‘there’s no way to sugarcoat it’

“ ‘It’s going to be brutal. There’s no way to sugarcoat it at all.’ ” That is outspoken billionaire and Dallas Mavericks owner Mark Cuban, who has been increasingly visible as the National Basketball Association has been temporarily suspended due to the deadly COVID-19 pandemic. On Wednesday morning, Cuban, speaking …

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