U.S. President Donald Trump said on Monday he will not allow the coronavirus to do long-lasting damage to the U.S. economy and that he would consider how to move forward after a 15-day shutdown ends next week.
NEW YORK: Global stocks mostly tumbled on Monday (Mar 23) despite fresh stimulus announcements as the economic toll from the coronavirus continued to mount. The US Federal Reserve unveiled a batch of additional aggressive measures to support the economy, but the boost was countered when a ...
The U.S. Federal Reserve said on Monday it would backstop an unprecedented range of credit for households, small businesses and major employers in an attempt to stop the economy from sliding into depression as the coronavirus spreads.
Uber Technologies Inc said on Monday it had appointed consumer industry veteran Robert Eckert to its board as an independent director.
The deepest U.S. stock market sell-off since the 2008 financial crisis is prompting some financial advisers to tell wealthy clients to hold steady or even increase their equity exposure if they have at least 10 years until retirement.
In undertaking what will undoubtedly be its largest rescue effort ever, the Federal Reserve on Monday announced programs that represent a never-before-seen intervention by the central bank into the heart of the "real" American economy.
Twitter Inc said on Monday it is withdrawing revenue and operating income forecast for the first quarter of 2020, citing the growing impact of the coronavirus outbreak.
REUTERS: U.S. prosecutors have charged a Venezuelan oilfield contractor with money laundering for bribing officials at state oil company Petroleos de Venezuela to win overpriced contracts, and then seeking to hide the proceeds in the United States. The charges are the latest in a U.S ...
Airbus said in a stock market filing on Monday that customers could seek to cancel or postpone delivery of airliners and helicopters as the coronavirus crisis continues to escalate.
Major automakers, parts suppliers and auto dealers urged U.S. lawmakers on Monday to provide "robust credit facilities" to ensure "sufficient liquidity" in the auto industry despite the coronavirus outbreak.
