2020

The other reason behind Wall Street’s jitters

Image copyright EPA Image caption The coronavirus has collided with American politics to worry investors Global financial markets have plunged in recent weeks, amid fears that the coronavirus outbreak will bring the world economy to a standstill. But there’s another worry nagging at investors, particularly those in the US: politics. Until recently, Wall Street saw […]

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Lawmakers Reach Deal on $8.3 Billion Emergency Coronavirus Bill

WASHINGTON — Racing to confront a growing public health threat, key lawmakers in the House and Senate reached a deal on Wednesday to provide $8.3 billion in emergency aid to combat the novel coronavirus, and the House planned a vote later Wednesday to approve it, according to three officials familiar with the negotiations. The bipartisan

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Companies trim outlooks, travel and staff as virus spreads

GROUNDED AIRPLANES: United Airlines will cut international and U.S. flying, freeze hiring and ask employees to volunteer for unpaid leave as it struggles with weak demand for travel because of the new virus outbreak. United said Wednesday it will reduce passenger-carrying capacity 20% on international routes and 10% to 12% in the U.S. United executives

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New James Bond Film Release Delayed Following Fans’ Coronavirus Fears

In 26 movies, James Bond has fought off obsessive autocrats, crazed plutocrats and various vicious nemeses, despite a lifestyle that puts him at serious risk for alcoholism and STDs. But apparently, coronavirus is too strong for the British super-spy. On Wednesday, the producers of the iconic film series announced that they have decided to delay

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Fed survey finds coronavirus impacting parts of US economy

Fed’s latest business survey finds coronavirus impacting US manufacturing and tourism By MARTIN CRUTSINGER AP Economics Writer March 4, 2020, 7:46 PM 3 min read WASHINGTON — The Federal Reserve’s latest nationwide survey of business conditions has found that the coronavirus outbreak has begun to impact tourism and disrupt manufacturing chains in parts of the

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