Economy11 hours ago (Mar 18, 2020 12:21PM ET) (C) Reuters. FILE PHOTO: William ‘Bill’ Ackman, CEO and Portfolio Manager of Pershing Square Capital Management, speaks during the Sohn Investment Conference in New York City By Svea Herbst-Bayliss BOSTON (Reuters) –…
Economy
Stunned world grapples with ‘once-in-100-year’ coronavirus battle
(C) Reuters. People stand in a queue to enter into a Medical Center, as medical staff check them, during an outbreak of coronavirus disease (COVID-19) in Barcelona By Sonya Dowsett and Ryan Woo MADRID/BEIJING (Reuters) – Hundreds of millions of…
Trump administration seeks $45.8 billion in extra government funding amid coronavirus
Sign In/Free Sign Up 0 Economy14 hours ago (Mar 18, 2020 08:51AM ET) WASHINGTON (Reuters) – The Trump administration has requested an additional $45.8 billion from Congress to shore up U.S. agencies amid the fast-spreading coronavirus…
Watch Now: Here’s What’s Moving Markets – March 18 (Video)
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep…
Japan eyes big stimulus package to battle hit from virus
World15 hours ago (Mar 18, 2020 08:26AM ET) By Leika Kihara and Daniel Leussink TOKYO (Reuters) – Japanese Prime Minister Shinzo Abe will form a panel of ministers on Thursday to lay out a package to help the economy weather…
Breaking: Italian Bonds, Stocks Surge on Report of ECB Aid Preparation
Economy11 hours ago (Mar 18, 2020 11:39AM ET) (C) Reuters. By Geoffrey Smith Investing.com – Italian bonds and stocks surged in late trading in Europe on Wednesday after a report suggesting that eurozone governments were preparing an assistance program for…
EU Eyes Options to Activate Rescue Fund, Bring ECB Into Play
Economy12 hours ago (Mar 18, 2020 11:13AM ET) (C) Reuters. EU Eyes Options to Activate Rescue Fund, Bring ECB Into Play (Bloomberg) — Euro-area officials are looking at activating the region’s bailout fund to help contain the impact of the…
Breaking: London Lockdown Expected Within Days – Report
Economy12 hours ago (Mar 18, 2020 10:53AM ET) (C) Reuters. By Geoffrey Smith Investing.com — The Mayor of London is to announce sweeping curfew measures putting the U.K. capital and Europe’s largest financial center in effective lockdown, the Daily Telegraph…
Washington state governor approves $200 million in coronavirus emergency funds
Economy15 hours ago (Mar 17, 2020 06:48PM ET) (C) Reuters. Regional leaders announce measures to combat the spread of novel coronavirus during a news conference in Seattle By Dan Whitcomb (Reuters) – The governor of Washington signed legislation on Tuesday…
Fed officials flag possible further steps in Fed crisis response
Economy16 hours ago (Mar 17, 2020 06:26PM ET) (C) Reuters. Fed officials flag possible further steps in Fed crisis response WASHINGTON (Reuters) – Federal Reserve officials are deliberating over next steps in their response to the fallout from the coronavirus…