When the World Health Organization declared the coronavirus an international public health emergency in late February, financial experts wondered how severe the economic consequences would be. They didn’t need to wonder for long, as the stock markets went into a tailspin just as the first cases of coronavirus started to …
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How badly is the coronavirus epidemic damaging the global economy? How much is the resulting COVID-19 illness hurting U.S. businesses and consumers? Here’s an ongoing MarketWatch update on what the economic VIPs are saying. • The Federal Reserve on Tuesday cut a key U.S. interest rate by 1/2 a percentage …
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Low unemployment rates, rising wage growth, a relentless bull market — by many measures, the good times are rolling. Just ask President Trump, who is glad to take credit for “the greatest economy in our nation’s history.” But there is an ugly side to this boom that you obviously won’t …
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Getty Images Pete Buttigieg participates in the Democratic presidential primary debate at St. Anselm College on February 07, 2020 in Manchester, New Hampshire. MANCHESTER, N.H. — Americans won’t hear much about stock-market performance and the economy in the same breath if Pete Buttigieg becomes president. “When I’m president, we’re going …
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BEIJING — China is considering possible countermeasures to cushion the blow from the coronavirus outbreak that is expected cause a temporary disruption to the economy, a central bank official said. “The coronavirus outbreak will be temporary and will not change the long-term improvement of China’s economy,” Pan Gongsheng, a vice …
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