The U.S. labor market showed further signs of damage from the coronavirus that causes COVID-19 on Friday as the global case tally continued to extend beyond a million and the death toll passed 54,000. Nearly four billion people around the world are now under some order restricting their movements, according …
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Markets outside the U.S. haven’t been spared the pain from the coronavirus that has closed much of the economy. According to S&P Dow Jones Indices, global markets have lost $ 14.9 trillion in value from their Feb. 29 high, and international stocks lost about a quarter of their value in …
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April will pose a crucial test for stock-market investors looking for signs that the worst of the market carnage triggered by the global COVID-19 pandemic is past, as the outbreak continues to claim lives and promises historic, near-term economic pain. Bears contend the sheer uncertainty surrounding the impact of the …
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Emanuele Cremaschi/Getty Images A mural dedicated to all Italian medical workers depicting a nurse cradling Italy and reading ‘To All Of You… Thank You!’, on a wall of Papa Giovanni XXIII Hospital in Bergamo, Italy. Bergamo is the epicenter of Italy’s hardest-hit region, Lombardy. The Italian government continues to enforce …
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Stock-index futures fell Sunday, pointing to a lower start for Wall Street on Monday, as the number of coronavirus cases and deaths continues to rise and investors brace for data in the week ahead expected to underline the sharp economic toll of the pandemic. Futures on the Dow jones Industrial …
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The coronavirus pandemic hit close to home for many on Wall Street on Sunday morning with word of the passing of Peg Broadbent, CFO at Jefferies Group JEF, -5.72% . “We are heartbroken and grieve that our friend and colleague, Peg Broadbent, has passed away from coronavirus complications,” Jefferies CEO …
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If ever there were doubts about how the superaffluent are faring amid a pandemic for the ages, media mogul David Geffen wants to make it abundantly clear that, for his part, he’s doing just fine — and he wishes us all the best. Geffen, whose net worth is estimated at …
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U.S. stocks staged an impressive rebound in the past week as the Federal Reserve and Congress have delivered unprecedented fiscal and monetary stimulus aimed at dampening the blow the coronavirus epidemic has dealt to the U.S. economy. The question investors must now ask themselves is whether or not the equities …
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WASHINGTON — President Trump signed a roughly $ 2 trillion stimulus package into law, hours after House lawmakers hustled back to the Capitol to pass the aggressive response to the coronavirus pandemic that has staggered the U.S. economy. Read now: Will you get a $ 1,200 check from the $ …
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