Wall Street's main indexes fell more than 1.5per cent on Friday as the coronavirus abruptly ended a record U.S. job growth streak of 113 months, intensifying fears of a deep economic slowdown.
Morgan Stanley plans to hold in person its annual shareholder meeting, scheduled for May 21, the Wall Street bank said on Friday, even as many companies have moved their meetings online amid the novel coronavirus outbreak.
Federal Reserve Chair Jerome Powell had two previously undisclosed phone calls with U.S. President Trump in February, calendars released on Friday show, including a brief call during the last week of the month when it was becoming clearer that the coronavirus would likely have more than a ...
Investors are parsing a broad range of signals, from infection counts to more traditional indicators, for clues on the trajectory markets may take in coming weeks as the pandemic caused by the novel coronavirus continues to spread.
Who's watching over the U.S. government's largest bailout in history - the US$2.3 trillion in fiscal stimulus to fight the economic impact of the coronavirus?
Kraft Heinz Co has moved to halt production at three different plants because of a decline in demand stemming from the new coronavirus outbreak, its Chief Executive Miguel Patricio on Friday said in a video presentation hosted by Brazilian retail brokerage XP Inc .
U.S. employment numbers will get worse amid the ongoing coronavirus outbreak before getting better, Richmond Federal Reserve President Thomas Barkin said in an interview with Bloomberg News.
American Airlines, the largest U.S. airline, confirmed Friday it has applied to the U.S. Treasury for a chunk of the US$25 billion payroll assistance grants approved by Congress last week.
Global currency fund managers racked up gains in the first quarter as they benefited from the extreme volatility that the coronavirus pandemic has stoked across financial markets.
JPMorgan Chase & Co , the largest U.S. lender by assets, started accepting at Friday midday applications for loans from the federal government's paycheck protection program, according to a post on the bank's website.
